STOCK TITAN

SmartMetric Says Research Is Showing Estimated Market Size for Fingerprint Biometric Credit and Other Use Cards to Reach $18.4 Billion by 2029

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

SmartMetric, Inc. (OTC: SMME) reports significant growth projections for the fingerprint biometric credit card market. The market is expected to reach $5.8 billion by 2030, with a CAGR of 62.3% from 2022 to 2030. The broader biometric card market is projected to grow from $0.37 billion in 2024 to $18.4 billion by 2029, with a CAGR of 117.76%.

SmartMetric's biometric cards feature an internal rechargeable battery, advanced security with a sophisticated fingerprint sensor and ARM Cortex processor, user-friendly at-home fingerprint enrollment, compatibility with contact and contactless payment systems, and anti-tampering features. The company's technology is protected by issued patents, positioning it as a leader in fingerprint sensor-based biometric activated cards.

SmartMetric, Inc. (OTC: SMME) riporta previsioni di crescita significative per il mercato delle carte di credito biometriche con impronta digitale. Si prevede che il mercato raggiunga 5,8 miliardi di dollari entro il 2030, con un CAGR del 62,3% dal 2022 al 2030. Il mercato più ampio delle carte biometriche dovrebbe crescere da 0,37 miliardi di dollari nel 2024 a 18,4 miliardi di dollari entro il 2029, con un CAGR del 117,76%.

Le carte biometriche di SmartMetric presentano una batteria ricaricabile interna, sicurezza avanzata con un sofisticato sensore di impronte e processore ARM Cortex, registrazione delle impronte digitali a casa semplice e intuitiva, compatibilità con sistemi di pagamento contact e contactless, e funzionalità anti-manomissione. La tecnologia dell'azienda è protetta da brevetti emessi, posizionandola come leader nel settore delle carte attivate da sensori di impronte digitali.

SmartMetric, Inc. (OTC: SMME) informa sobre proyecciones de crecimiento significativas para el mercado de tarjetas de crédito biométricas con huella dactilar. Se espera que el mercado alcance $5.8 mil millones para 2030, con un CAGR del 62.3% desde 2022 hasta 2030. Se prevé que el mercado más amplio de tarjetas biométricas crezca de $0.37 mil millones en 2024 a $18.4 mil millones para 2029, con un CAGR del 117.76%.

Las tarjetas biométricas de SmartMetric cuentan con una batería interna recargable, seguridad avanzada con un sofisticado sensor de huellas dactilares y procesador ARM Cortex, registro fácil y amigable de huellas dactilares en el hogar, compatibilidad con sistemas de pago de contacto y sin contacto, y características anti-manipulación. La tecnología de la empresa está protegida por patentes emitidas, posicionándola como líder en tarjetas activadas por sensores de huellas dactilares.

SmartMetric, Inc. (OTC: SMME)는 지문 생체 인식 신용 카드 시장에 대한 중요한 성장 전망을 보고합니다. 이 시장은 2030년까지 58억 달러에 이를 것으로 예상되며, 2022년부터 2030년까지 연평균 성장률(CAGR)은 62.3%에 이를 것으로 보입니다. 더 넓은 생체 인식 카드 시장은 2024년 3억 7천만 달러에서 2029년까지 184억 달러로 성장할 것으로 예상되며, CAGR은 117.76%입니다.

SmartMetric의 생체 인식 카드에는 내장형 충전식 배터리, 정교한 지문 센서 및 ARM Cortex 프로세서로 구성된 고급 보안, 사용자 친화적인 가정용 지문 등록, 접촉 및 비접촉 결제 시스템과의 호환성, 변조 방지 기능이 포함되어 있습니다. 회사의 기술은 특허로 보호되며, 지문 센서 기반 생체 인식 카드의 선두주자로 자리매김하고 있습니다.

SmartMetric, Inc. (OTC: SMME) fait état de prévisions de croissance significatives pour le marché des cartes de crédit biométriques avec empreinte digitale. Le marché devrait atteindre 5,8 milliards de dollars d'ici 2030, avec un taux de croissance annuel composé (CAGR) de 62,3 % de 2022 à 2030. Le marché plus large des cartes biométriques devrait passer de 0,37 milliard de dollars en 2024 à 18,4 milliards de dollars d'ici 2029, avec un CAGR de 117,76 %.

Les cartes biométriques de SmartMetric disposent d'une batterie rechargeable interne, d'une sécurité avancée avec un capteur d'empreinte digitale sophistiqué et un processeur ARM Cortex, d'une inscription facile et conviviale des empreintes digitales à domicile, d'une compatibilité avec les systèmes de paiement par contact et sans contact, et de fonctionnalités antivol. La technologie de l'entreprise est protégée par des brevets délivrés, positionnant SmartMetric comme un leader dans le domaine des cartes activées par capteur d'empreinte digitale.

SmartMetric, Inc. (OTC: SMME) berichtet über signifikante Wachstumsprognosen für den Markt der biometrischen Kreditkarten mit Fingerabdruck. Es wird erwartet, dass der Markt bis 2030 5,8 Milliarden US-Dollar erreichen wird, mit einer jährlichen Wachstumsrate (CAGR) von 62,3 % von 2022 bis 2030. Der breitere Markt der biometrischen Karten wird voraussichtlich von 0,37 Milliarden US-Dollar im Jahr 2024 auf 18,4 Milliarden US-Dollar bis 2029 wachsen, mit einer CAGR von 117,76 %.

Die biometrischen Karten von SmartMetric verfügen über eine interne wiederaufladbare Batterie, fortschrittliche Sicherheit mit einem ausgeklügelten Fingerabdrucksensor und ARM Cortex-Prozessor, benutzerfreundliche Registrierung von Fingerabdrücken zu Hause, Kompatibilität mit Kontakt- und Kontaktloszahlungssystemen sowie Antimanipulationsfunktionen. Die Technologie des Unternehmens ist durch erteilte Patente geschützt, wodurch es sich als führend im Bereich der biometrisch aktivierten Karten auf der Basis von Fingerabdrucksensoren positioniert.

Positive
  • Projected market size for fingerprint biometric credit cards to reach $5.8 billion by 2030
  • Broader biometric card market expected to grow to $18.4 billion by 2029
  • SmartMetric's cards feature advanced technology including internal rechargeable battery and sophisticated fingerprint sensor
  • Company's technology protected by issued patents
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- SmartMetric, Inc. (OTC: SMME) The market for fingerprint biometric credit cards is experiencing rapid growth. Here are some key estimates:

Projected Market Size by 2030: It is expected to reach around $5.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 62.3% from 2022 to 20301.

Broader Biometric Card Market: The overall biometric card market, which includes various applications beyond payments, is projected to grow from $0.37 billion in 2024 to $18.4 billion by 2029, with a CAGR of 117.76% during this period2.

These figures highlight the significant potential and increasing adoption of biometric technology in the financial sector.

SmartMetric is one of the leading companies in the development of battery-powered biometric fingerprint credit cards. Here are some reasons why SmartMetric biometric cards are considered advanced:

Key Features of SmartMetric’s Biometric Cards

Internal Rechargeable Battery: SmartMetric’s cards come with an internal rechargeable battery, allowing the card to perform fingerprint scans independently of the card reader1. This feature ensures that the card can be used in various situations, including ATMs and gas pumps, where the card is fully inserted into the reader.
Advanced Security: The card includes a sophisticated fingerprint sensor and an ARM Cortex processor, providing high-speed and accurate fingerprint authentication2. This enhances security by ensuring that only the authorized user can activate the card.
User-Friendly Enrollment: Unlike some other biometric cards, SmartMetric’s cards allow users to enroll their fingerprints at home without needing to visit a bank branch. This is particularly convenient for users who receive their cards via mail.
Compatibility: The card is designed to work with both contact and contactless payment systems, making it versatile and compatible with a wide range of card readers.
Anti-Tampering Features: SmartMetric’s cards are equipped with advanced anti-tampering features that can deactivate the card or alert the issuer if tampering is detected.

SmartMetric’s battery-powered biometric fingerprint credit cards stand out due to their advanced technology, user-friendly features, and robust security measures. These attributes make them a strong contender in the market for biometric credit cards.

SmartMetric is protected by issued patents protecting its lead in the field of fingerprint sensor based biometric activated cards.

For more information on the SmartMetric biometric fingerprint secured credit card please go to the company website at www.smartmetric.com.

1 Biometric Payment Cards Market Size Report, 2022 - 2030 (grandviewresearch.com)

2 Biometric Card Market - Size, Share & Industry Analysis (mordorintelligence.com)

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric, Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

SmartMetric, Inc.

Chaya Hendrick

Tel: (702) 990-3687

Mobile: (305) 607-3910 (Pacific Time)

ceo@smartmetric.com

www.smartmetric.com

Source: SmartMetric, Inc.

FAQ

What is the projected market size for fingerprint biometric credit cards by 2030?

According to the press release, the fingerprint biometric credit card market is projected to reach $5.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 62.3% from 2022 to 2030.

What are the key features of SmartMetric's biometric cards?

SmartMetric's biometric cards feature an internal rechargeable battery, advanced security with a sophisticated fingerprint sensor and ARM Cortex processor, user-friendly at-home fingerprint enrollment, compatibility with contact and contactless payment systems, and anti-tampering features.

How does SmartMetric (SMME) protect its technology in the biometric card market?

SmartMetric (SMME) protects its technology through issued patents, which safeguard its position as a leader in fingerprint sensor-based biometric activated cards.

What is the projected growth for the broader biometric card market by 2029?

The broader biometric card market, which includes various applications beyond payments, is projected to grow from $0.37 billion in 2024 to $18.4 billion by 2029, with a CAGR of 117.76% during this period.

SMARTMETRIC INC

OTC:SMME

SMME Rankings

SMME Latest News

SMME Stock Data

632.60k
3.12B
1.86%
Software - Infrastructure
Technology
Link
United States of America
Las Vegas