New Study: Global Contactless Biometrics Market Size, Growth Analysis Report, Forecast to 2027

The global contactless biometrics market is anticipated to grow significantly at a CAGR of 20.0% over the forecast period (2021-2027). The outbreak of COVID-19 had positively impacted the growth of the market. The rising need for the contactless biometric in the need to contain the spread of the virus and maintain security levels is the key aspect that drives the growth of the global contactless biometrics market. Rising COVID-19 cases across the globe are pushing everyone to minimize physical contact with the common surface, thereby, increasing the adoption of various contactless biometrics such as the face, iris, and voice & speech. Hence, this promotes the growth of the contactless biometrics market during the forecast period.

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Besides, governments and the key players operating in the market across the globe have also worked up their measures to implement contactless biometrics technology to quickly react to the crisis. Players such as Amazon Web Services Inc., Apple Inc., Aware Inc., Fujitsu Ltd., Google Inc., Microsoft Corp., NEC Corp., and Sonix Inc. among others substantially contribute to the market growth. For instance, in April 2020, HID Global collaborated with Fidesmo, a company that enables the connection between contactless services and wearables. Under the collaboration, HID Global will bring more use cases to wearables in partnership with Fidesmo. Thus, the launch of novel products by the companies is likely to drive the growth of the market during the forecast period.

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Market Coverage

Market number available for – 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered- By Component, Application, and End-Use
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Amazon Web Services Inc., Apple Inc., Aware Inc., Fujitsu Ltd., Google Inc., Microsoft Corp., NEC Corp., and Sonix Inc. among others

Global Contactless Biometrics Market – Segmentation

By Component

Hardware
Software
Services

By Application

Face
Iris
Voice & Speech
Others

By End-Use

BFSI
IT &Telecommunication
Healthcare
Retail
Government & Utilities
Others

Global Contactless Biometrics Market – Segmentation by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

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