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Global Contactless Biometrics Market Size, Growth Rate, Industry Opportunities 2023-2032|Akamai Technologies, Microsoft Corporation, Google LLC, AT&T, Amazon Web Services Inc.
Contactless Biometrics Market Size
Contactless Biometrics Market Size, Growth Rate, And Forecast
The global contactless biometrics market size grew from $17.13 billion in 2022 to $20.25 billion in 2023 at a compound annual growth rate (CAGR) of 18.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The contactless biometrics market size is expected to grow to $38.12 billion in 2027 at a CAGR of 17.1%.
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Contactless Biometrics Market Drivers
The aging population will continue to be a driver of the retirement communities market. The elderly population is increasing rapidly across the world, and it is expected to continue over the forecast period. By 2030, the population aged 65 year and above is expected to reach approximately 70 million in the USA.
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Contactless Biometrics Market Segments
• By Component: Hardware, Software, Services
• By Technology: Contactless Fingerprint Technology, Facial Recognition, Iris Recognition, Palm Vein Recognition, Voice Recognition, Contactless Cards
• By Application: Face, Fingerprint, Hand Geometry, Iris, Voice, Other Apllications
• By End User: Government, BFSI, Consumer electronics, Healthcare, Transport And logistics, Defense And Security, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Contactless Biometrics market.
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Contactless Biometrics Market Key Players
Major competitors in the Contactless Biometrics market include Touchless Biometric Systems AG, IDEMIA SAS, NViaSoft, Fujitsu Limited, NEC Corporation, Gemalto N.V, Aware Inc., HID Global.
The Business Research Company's "Global Contactless Biometrics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Contactless Biometrics Market Include:
1. Executive Summary
2. Contactless Biometrics Market Characteristics
3. Contactless Biometrics Market Trends And Strategies
4. Contactless Biometrics Market - Macro Economic Scenario
5. Contactless Biometrics Market Size And Growth
…………
26. Africa Contactless Biometrics Market
27. Contactless Biometrics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Contactless Biometrics Market
29. Contactless Biometrics Market Future Outlook and Potential Analysis
30. Appendix
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