Biometric Identity Verification Market Forecast 2025–2030: AI, Fraud Prevention, and 14.9% CAGR
The biometric identity verification market is projected to grow from USD 8.88 billion in 2025 and to reach USD 17.81 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period.
This growth is driven by rising identity fraud, stricter KYC/AML mandates, and the rapid expansion of digital onboarding across the BFSI, government, and telecom sectors. Advancements in...