Biometric Authentication Statistics 2024 – Everything You Need to Know

• In NIST’S 2020 tests, the best algorithm had a failure rate of 0,08%.50x improvementover six years. ^[1]
• NIST found that 0.2% of searches in a database of 26.6 photos failed to match the correct image, compared with a 4% failure rate in 2014. ^[1]
• In NIST’S 2020 tests, the best algorithm had a failure rate of 0,08%. ^[1]

Biometric Authentication Latest Statistics

• 80 percent of active phones in North America, Western Europe, and the Asia Pacific have enabled biometrics. ^[2]
• Over75%of Americans have used biometric technology, which includes anything from fingerprint scanning to facial identification to signature dynamics and hand geometry. ^[3]
• This rapid growth is driven in part by the speed and usability of biometric technologies in many biometric authentication processes, such as online payments, a huge benefit for 44% of respondents to this survey. ^[0]
• In addition, in a US survey conducted by Reservations.com, 42.6% of Americans approve of the use of facial recognition technology at airports to improve security versus 32.5% who disapprove. ^[0]
• The automotive industry will be particularly affected, with around 90% of vehicles sold globally expected to be equipped with a voice assistant by 2028. ^[0]
• According to a study by Goode Intelligence, , which is estimated to save USD 6.25 million per year. ^[0]
• In 2018, 96.5% of smartphones included capacitive fingerprint technology. ^[0]
• Response time is reduced by around 80% with the use of electronic signatures. ^[0]
• An estimated 500% increase in customer loyalty due to the use of biometric signatures. ^[0]
• Businesses can improve approval performance by up to 83% with the use of electronic signatures. ^[0]
• online paymentswill grow by approximately 52% by 2024. ^[0]
• Around 72% of hotel operators expect to implement facial recognition technology by 2025, to be used as a means of user interaction and identification. ^[0]
• .The use ofbiometric technology to identify passengers can speed up processesin the aviation industry by 40%. ^[0]
• In 2018, airlines spent 4.84% of their revenues on IT, while airports spent around 6.06%. ^[0]
• Discover what is face recognition Around 28% of the use of biometric technology in the US is by companies from the financial industry. ^[0]
• According to theJuniper Research study,biometric authentication will be able to secure payment transactions of up to USD 2.5 trillionand more than60% of payment transactions using biometric authentication will be carried out remotely. ^[0]
• Around 72% of hotel operators expect to implement facial recognition technology by 2025, to be used as a means of user interaction and identification. ^[0]
• The use ofbiometric technology to identify passengers can speed up processesin the aviation industry by 40%. ^[0]
• We found that 38% of people are already using face authentication to access their mobile banking app. ^[4]
• An additional 32% of people would use it if they could. ^[4]
• We also found that around 30% of people do all of their banking remotely on their mobile devices, meaning that a significant proportion of all banking is now accessed using facial biometric technology. ^[4]
• The results ranged from 70% in the US and 69% in the UK, all the way up to 77% of people in Spain and Italy. ^[4]
• An average of 70% of people across the six countries use or would like to use face authentication for mobile banking. ^[4]
• Juniper Research expects that biometrics will be used for more than 18 billion transactions by 2021, growing at a compound annual growth rate of 83.7% from 2016 levels.1. ^[5]
• Proposed FKP biometric authentication technique is implemented and experimental results show that the average efficiency of the algorithm is 86.133% and 99.4% for IIT Delhi and PolyU finger Knuckle databases respectively. ^[6]
• to save up to 10% withto save up to 10% with. ^[7]
• According to Sir Francis Galton’s calculations, the probability of finding two similar fingerprints is one in 64 billion, even with identical twins .In this sense, biometrics is inextricably linked to the question of identity. ^[1]
• According to OneZero , the 7.4 million identities in the database are, for the vast majority, coming from military operations in Iraq and Afghanistan. ^[1]
• a photograph, ten fingerprints, two iris scans).1,322,356,588 Aadhaar IDs have been issued as of 27 2024, covering more than 99% of the Indian adult population. ^[1]
• India’s population was estimated at 1.4B in 2024.Initially, the project has been linked to public subsidy and unemployment benefit schemes, but it now includes a payment scheme. ^[1]
• According to Finance minister Arun Jaitley in his speech of 1 February 2018, Aadhaar provides an identity to every Indian that has made many services more accessible to the people. ^[1]
• Retailers have to find solutions to tackle an estimated £700m loss. ^[1]
• According to theNYmagwebsite , U.S. retailers also use facial recognition. ^[1]
• With the U.S. at the helm, the study claims North America will represent more than 30% of the overall biometrics industry share by 2024.The Asia Pacific region will also be witnessing robust growth. ^[1]
• It, therefore, cannot be 100 % reliable when used alone. ^[1]
• 1,322,356,588 Aadhaar IDs have been issued as of 27 2024, covering more than 99% of the Indian adult population. ^[1]
• India’s population was estimated at 1.4B in 2024. ^[1]
• With the U.S. at the helm, the study claims North America will represent more than 30% of the overall biometrics industry share by 2024. ^[1]
• According to a 2018 NIST study, the system developers have made massive gains in facial recognition accuracy in the last five years. ^[1]
• According to the Keesing Journal of Documents & Identity , two complementary topics have been identified by standardization groups. ^[1]
• Sixty seven percent of respondents are comfortable using biometric authentication today, while 87 percent say they’ll be comfortable with these technologies in the near future. ^[8]
• While 75 percent of millennials are comfortable using biometrics today, less than half are using complex passwords and 41 percent reuse passwords to access numerous accounts. ^[8]
• Only 42 percent of millennials use complex passwords that combine special characters, numbers and letters , and 41 percent reuse the same password multiple times. ^[8]
• Millennials are two times more likely to use a password manager than people over the age of 55. ^[8]
• Millennials are more likely to enable two factor authentication in the wake of a breach. ^[8]
• Seventy five percent of millennials were comfortable using biometrics today, compared to 58 percent of those over age 55. ^[8]
• According to the International IDEA’s ICTs in Elections Database, some of the countries using Biometric Voter Registration are [68] India’s national ID program called Aadhaar is the largest biometric database in the world. ^[9]
• Create your FREE Amazon Business account to save up to 10% with Business only prices and free shipping. ^[10]
• Report Better Homes & Gardens 4.5 out of 5 stars 12,935 Limited time deal $47.88 (88% off). ^[10]
• Limited time deal $35.94 (78% off). ^[10]
• A defense independent rating of NHL goaltenders using spatially smoothed save percentage maps Proceedings of the MIT Sloan Sports Analytics Conference, 2011. ^[11]

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Reference

1. mobbeel – https://www.mobbeel.com/en/blog/biometrics-statistics-for-2021-market-and-industries/.
2. thalesgroup – https://www.thalesgroup.com/en/markets/digital-identity-and-security/government/inspired/biometrics.
3. statista – https://www.statista.com/topics/4989/biometric-technologies/.
4. imageware – https://imageware.io/biometric-trends-and-statistics/.
5. iproov – https://www.iproov.com/blog/face-biometric-statistics-stats.
6. visa – https://usa.visa.com/visa-everywhere/security/new-report-on-biometric-authentication.html.
7. ieee – https://ieeexplore.ieee.org/document/8997143.
8. amazon – https://www.amazon.com/Computational-Methods-Biometric-Authentication-Statistical-ebook/dp/B007EM6INU.
9. securityintelligence – https://securityintelligence.com/new-ibm-study-consumers-weigh-in-on-biometrics-authentication-and-the-future-of-identity/.
10. wikipedia – https://en.wikipedia.org/wiki/Biometrics.
11. amazon – https://www.amazon.com/Statistical-Methods-Counterterrorism-Surveillance-Authentication-ebook/dp/B00FB1S8GG.
12. google – https://scholar.google.com/citations?user=vmzOZbcAAAAJ&hl=en.

How Useful is Biometric Authentication

One of the key advantages of biometric authentication is its convenience. Rather than having to remember and type in a complex password or PIN, users can simply scan their fingerprint, look at a camera, or speak into a microphone to verify their identity. This streamlined process not only saves time but also reduces the risk of forgetting or mistyping credentials.

Moreover, biometric authentication offers a higher level of security compared to traditional password-based systems. While passwords can be easily forgotten, shared, or stolen, biometric data is unique to each individual and difficult to replicate. This makes it significantly more challenging for unauthorized users to gain access to sensitive information or accounts.

Furthermore, biometric authentication can help organizations combat fraud and identity theft. By implementing biometric systems, businesses can verify the identity of customers, employees, and users more accurately, reducing the risk of unauthorized access or fraudulent activities. This not only protects the organization’s assets and reputation but also enhances trust and loyalty among users.

Another benefit of biometric authentication is its versatility. In addition to smartphones and laptops, biometric technology can be integrated into a wide range of devices and applications, including access control systems, payment terminals, and healthcare devices. This flexibility makes biometric authentication a valuable tool for enhancing security and convenience across various industries and use cases.

Despite these advantages, there are also some limitations and concerns surrounding the use of biometric authentication. One major issue is privacy and data security. Biometric data, such as fingerprints or facial scans, is highly sensitive and can be misused if obtained by malicious actors. As such, it is essential for organizations to implement robust security measures to protect biometric data from unauthorized access or misuse.

Additionally, there are concerns about the accuracy and reliability of biometric systems. Factors such as poor lighting conditions, aging biometric features, or physical changes can affect the performance of biometric authentication, leading to false positives or negatives. As a result, organizations must continuously monitor and update their biometric systems to ensure their effectiveness and reliability over time.

In conclusion, biometric authentication offers significant advantages in terms of security, convenience, and versatility. While there are some concerns surrounding privacy and accuracy, these challenges can be addressed through proper security measures and system maintenance. As technology continues to evolve, biometric authentication is likely to play an increasingly important role in protecting sensitive information and securing digital identities.

In Conclusion

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