Biometric Payment Card Developments, Projects and Market Opportunities

Price: Starting at USD 4,500
Publish Date: 29 Apr 2022
Code: AN-5584
Research Type: Research Analysis
Biometric Payment Card Developments, Projects and Market Opportunities
Actionable Benefits

Actionable Benefits

  • Better understand the timelines to market success and the industry milestones that need to be achieved in order to execute on biometric payment card sale targets.
  • Pinpoint the impacts of COVID-19 on the biometric payment cards market and how a post-COVID world is shaping contactless payments as a necessity.
  • Understand the impact of the chipset shortage and the market effects.
  • Decipher how best to position products and messaging in order to unlock opportunities related to Fintech’s and other market verticals, including access control and government ID.
  • Prepare budgets and investment strategies by better understanding how next-generation biometric payment card products and architectures will impact the market over a five-year period.
  • Identify where market effort needs to be placed as it relates to enrollment, issuer business models and ASPs
  • Identify and better target the largest regional growth opportunities related to biometric payment card issuance.
Critical Questions Answered

Critical Questions Answered

  • What is the total biometric payment card market size today and how will it progress over a 5-year period?
  • How will next-generation biometric payment card products and architectures impact the biometric payment card ASP over a 5-year period?
  • How should the biometric payment card be marketed and positioned?
  • What has been the implications of COVID-19 and the chipset shortage and how has it impacted biometric payment card product pilots and commercial launches?
Research Highlights

Research Highlights

  • Scenario based biometric payment card forecasts, by region, covering 2020 to 2026.
  • Overview of next-generation biometric payment card form-factors and likely impact on ASPs.
  • Strategic insight covering other market verticals, outside of payments.
Who Should Read This?

Who Should Read This?

  • Strategy planners within smart card and biometric fingerprint sensor organizations.
  • Sales and marketing leaders looking to better understand the opportunity and benchmark organizational performance.
  • The investment community, looking to gauge how/when investments will reap reward.
  • Other ecosystem players working in strategy, sales and marketing capacities, including secure IC, inlay and personalization vendors looking to understand the total available market size.

Table of Contents

 

1. EXECUTIVE SUMMARY 

1.1. Other Notable Highlights
1.2. Strategic Recommendations 

2. MARKET INTRODUCTION 

2.1. Notable Market Activity in 2020 
2.2. Notable Market Activity in 2021 
2.3. Notable Market Activity in 2022 to Date11
2.4. Notable Biometric Payment Card Projects and Pilots 

3. EMV PAYMENT CARD TOTAL AVAILABLE MARKET 

3.1. Total EMV Market Forecasts Summary
3.2. The Rise of the Chipset Shortage 
3.3. Chipset Shortage Market Summary 
3.4. Contactless Market Acceleration
Continues—A Plus for Biometric Payment Cards 
3.5. Contactless Market Forecast Summary

4. BIOMETRIC PAYMENT CARD MARKET DRIVERS AND INHIBITORS

4.1. Market Drivers Summary 
4.2. Biometric Payment Card Market Is Not Immune to the Chip Shortage 
4.3. Increasing Contactless Transaction Limits 
4.4. Increasing Contactless Transaction Limits: A Biometric Payment Card Driver or Inhibitor? 
4.5. Will Mobile Payments Displace the Physical Card?
4.6. Pricing Considerations 
4.7. Basing Market Assumptions on Historical Contactless Migration Trends 
4.8. Enrollment Choice 
4.9. Enrollment Summary 
4.10. The Biometric Payment Card Is a solution, Not a Product 

5. STEPS TO COMMERICALIZATION30

5.1. Bank Biometric Payment Card Business Models 
5.2. Market Ecosystem 
5.3. A Focus on Scaling Business and Suppliers 

6. BIOMETRIC PAYMENT CARD MARKET FORECASTS (SCENARIOS 1 AND 2)

6.1. Forecast Considerations 
6.2. Scenario 1 Forecast 
6.3. Scenario 2 Forecast 
6.4. Other Overarching Trends 
6.5. Other Potential Use Cases