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Liminal says biometrics favored in authentication market set to be worth $38.9B
Jan. 31, 2024, 6:42 p.m. | Joel R. McConvey
Biometric Update www.biometricupdate.com
There is a lot of money to be made in customer authentication, and biometrics and digital ID firms can move into the future knowing that the market is growing rapidly. A new research report from market research firm Liminal projects a compound annual growth rate of 16.6 percent, leading to a total addressable market of $38.9 billion by 2028 (up from $18 billion in 2024).
The Customer Authentication Market Buyer’s Guide also shows that among passwordless technologies, biometric authentication is …
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