The global Biometric Card Market is estimated to be valued at US$ 48.88 Mn in 2023 and is expected to exhibit a CAGR of 77% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Biometric cards store biometric templates of fingerprints, iris scans or facial recognition of an individual on a chip embedded in the card. These biometric details are used to ... Read more

Biometric cards are gaining popularity owing to their enhanced security features when compared to traditional cards. Biometric cards incorporate biometric technologies such as fingerprint, iris recognition, and facial recognition which authenticate the cardholder's identity. This provides banks and other institutions with multi-factor authentication which makes it difficult for fraudsters to misuse lost or stolen cards.

The global biometric card market is estimated to be valued at US ... Read more