The key objective of the Emergen Research report is to offer a complete assessment of the global market including major leading stakeholders of the Contactless Biometrics Market. The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the global Contactless Biometrics market. It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global Contactless Biometrics market.
Get a Sample PDF:
The global contactless biometrics market size was USD 17.26 Billion in 2021 and is expected to register a revenue CAGR of 15.55% during the forecast period, according to the latest analysis by Emergen Research. Increasing funding for facial recognition systems is a major factor expected to support revenue growth of the market during the forecast period. In addition, revenue growth of the market is driven by rising demand from the banking, retail, and healthcare sectors as well as increase in smartphone use. Most consumers today depend on face and iris recognition technology to protect their possessions. Companies are implementing improved security features such as pulse biometric applications and others with highly developed Artificial Intelligence (AI)-based technologies to take advantage of this, which is contributing to revenue growth of the market.
Market measuring methodologies provide an assessment of the market’s strengths, weaknesses, opportunities, and threats. It also elucidates the bargaining power of suppliers and consumers. The paper investigates the current political circumstances that are expected to influence pricing, import and export in the global Contactless Biometrics industry. Furthermore, it discusses the profitable opportunities that exist in the general industry that firms can focus on to make their mark.
Scope of the Report
The market research report on Contactless Biometrics market segmentation. The global market is divided into product type, application, and region. Each section provides a thorough examination of the factors that are expected to drive and constrain it. Furthermore, the research study evaluates new global market trends that will benefit each category over the next few years.
Analysts investigated the competitive landscape in the global Contactless Biometrics market. The chapter on company profiles examines the major players in the global Contactless Biometrics market. It provides critical information on the market’s major objectives and their forecast for the coming years.
Ask for Customization:
The most recent study offers a thorough analysis of the worldwide Contactless Biometrics market broad competitive landscape, placing special emphasis on the major market competitors and their company profiles. The research has addressed a wide range of strategic actions done by these organisations, including new business deals, mergers and acquisitions, collaborations, joint ventures, technical advancement, and recent product introductions. The competitive environment of the market is examined in the research in several ways, including the regulatory standards and policies put in place recently across the sector. In order to provide a thorough overview of the global Contactless Biometrics market and identify the primary growth trends, our team of specialists has made use of many potent analytical methodologies, including Porter’s Five Forces analysis and SWOT analysis.
Key Companies Profiled in the Report are:
Fingerprint Cards AB, Aware, Inc., Fujitsu Limited, IDEMIA, HID Global Corporation, Touchless Biometric Systems AG, nVIASoft Corporation, NEC Corporation, M2SYS Technology, Blue Biometrics, ASSA ABLOY, MeReal Biometrics Limited, Untethered Labs, Inc., and T3K-Forensics GmbH
In market segmentation by geographical regions, the report has analysed the following regions
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
Global Contactless Biometrics Market Segmentation by Regions:
The countries covered in the regional analysis of the Global Contactless Biometrics Market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Offering Outlook (Revenue, USD Billion; 2019–2030)
- Multimodal Biometrics Solution
- Integrated Biometrics Software
- Standalone Software
- Vein Recognition
- Facial Recognition
- Iris Recognition
- Contactless Fingerprint Scanners
- Palm Vein Scanners
- Voice Recognition Devices
- Contactless Smart Cards & Readers
- Managed Services
- Professional Services
Application Outlook (Revenue, USD Billion; 2019–2030)
- KYC & Onboarding
- Criminal Identification & Forensic
- Access Control
End-use Outlook (Revenue, USD Billion; 2019–2030)
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecom
- Defense & Security
- Travel and Hospitality
- Transport & Logistics
To get a discount on the latest report, visit:
The research provides answers to the following key questions:
- What will be the growth rate of the Contactless Biometrics market for the forecast period?
- What will be the market size during the estimated period?
- What are driving forces keeping the prospects of the Contactless Biometrics market across different countries high?
- Who are the prominent market players and what is their approach to stay competitive?
- What are some of the key trends in the Contactless Biometrics industry?
- What are the major challenges expected to growth of the industry in the coming years?
- What opportunities can the business owners bank on to generate more profits and reduce cost?
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Corporate Sales Specialist
Direct Line: +1 (604) 757-9756
Visit for More Insights: https://www.emergenresearch.com/insights
Leave a Reply