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Contactless Biometrics Technology Market Absolute $ Opportunity (US$ Mn), 2015 2030, Figure 133: Rest of South Asia & Pacific Contactless Biometrics Technology Market Absolute $ Opportunity (US$ Mn), 2015 2030, Figure 134: South Asia & Pacific Contactless Biometrics Technology Market: Market Attractiveness by Country, Figure 135: Middle East & Africa Contactless Biometrics Technology Market Value (US$ Mn), 2015-2021, Figure 136: Middle East & Africa Contactless Biometrics Technology Market Value (US$ Mn), 2022-2030, Figure 137: Middle East & Africa Contactless Biometrics Technology Market: Market Share Analysis by Technology 20222030, Figure 138: Middle East & Africa Contactless Biometrics Technology Market: Y-o-Y Growth Comparison by Technology, 20222030, Figure 139: Middle East & Africa Contactless Biometrics Technology Market: Market Attractiveness by Technology, Figure 140: Middle East & Africa Contactless Biometrics Component Market: Market Share Analysis by Component 20222030, Figure 141: Middle East & Africa Contactless Biometrics Component Market: Y-o-Y Growth Comparison by Component, 20222030, Figure 142: Middle East & Africa Contactless Biometrics Component Market: Market Attractiveness by Component, Figure 143: Middle East & Africa Contactless Biometrics Application Market: Market Share Analysis by Application 20222030, Figure 144: Middle East & Africa Contactless Biometrics Application Market: Y-o-Y Growth Comparison by Application, 20222030, Figure 145: Middle East & Africa Contactless Biometrics Application Market: Market Attractiveness by Application, Figure 146: Middle East & Africa Contactless Biometrics Industry Market: Market Share Analysis by Industry 20222030, Figure 147: Middle East & Africa Contactless Biometrics Industry Market: Y-o-Y Growth Comparison by Industry, 20222030, Figure 148: Middle East & Africa Contactless Biometrics Industry Market: Market Attractiveness by Industry, Figure 149: Middle East & Africa Contactless Biometrics Technology Market: Market Share Analysis by Region 20222030, Figure 150: Middle East & Africa Contactless Biometrics Technology Market: Y-o-Y Growth Comparison by Region, 20222030, Figure 151: GCC Countries Contactless Biometrics Technology Market Absolute $ Opportunity (US$ Mn), 2015 2030, Figure 152: Turkey Contactless Biometrics Technology Market Absolute $ Opportunity (US$ Mn), 2015 2030, Figure 153: South Africa Contactless Biometrics Technology Market Absolute $ Opportunity (US$ Mn), 2015 2030, Figure 154: Rest of MEA Contactless Biometrics Technology Market Absolute $ Opportunity (US$ Mn), 2015 2030, Figure 155: Middle East & Africa Contactless Biometrics Technology Market: Market Attractiveness by Region, Figure 156: U.S. Contactless Biometrics Technology Market Analysis, Figure 157: Canada Contactless Biometrics Technology Market Analysis, Figure 158: Mexico Contactless Biometrics Technology Market Analysis, Figure 159: Brazil Contactless Biometrics Technology Market Analysis, Figure 160: Germany Contactless Biometrics Technology Market Analysis, Figure 61: Italy Contactless Biometrics Technology Market Analysis, Figure 162: France Contactless Biometrics Technology Market Analysis, Figure 163: U.K. Contactless Biometrics Technology Market Analysis, Figure 164: Spain Contactless Biometrics Technology Market Analysis, Figure 165: BENELUX Contactless Biometrics Technology Market Analysis, Figure 166: Russia Contactless Biometrics Technology Market Analysis, Figure 167: China Contactless Biometrics Technology Market Analysis, Figure 168: Japan Contactless Biometrics Technology Market Analysis, Figure 169: South Korea Contactless Biometrics Technology Market Analysis, Figure 170: India Contactless Biometrics Technology Market Analysis, Figure 171: ASEAN Contactless Biometrics Technology Market Analysis, Figure 172: Australia and New Zealand Contactless Biometrics Technology Market Analysis, Figure 173: GCC Countries Contactless Biometrics Technology Market Analysis, Figure 174: Turkey Contactless Biometrics Technology Market Analysis, Figure 175: South Africa Contactless Biometrics Technology Market Analysis. Future Impact on Biometrics Technology Market (Next 1-3 Years), 5.4. Please be sure to check your SPAM/JUNK folder too. US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, China, Australia, New Zealand, GCC countries, Turkey, Northern Africa, and South Africa, Market forecast, company share analysis, competition intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives. According to Precedence Research, the global contactless biometrics technology market was reached at US$ 6.95 billion in 2021 and is projected to hit around US$ 37.10 billion by 2030. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Competitive landscape and component benchmarking, Market revenue estimates and forecast up to 2027, Market revenue estimates and forecasts up to 2027, by technology, Market revenue estimates and forecasts up to 2027, by application, Market revenue estimates and forecasts up to 2027, by type, Market revenue estimates and forecasts up to 2027, by component, Regional market revenue forecasts, by technology, Regional market revenue forecasts, by application, Regional market revenue forecasts, by type, Regional market revenue forecasts, by component, Impact on each country and various region, Positive and negative scenarios of the market during the ongoing pandemic, Impact on various sectors facing the greatest drawbacks are manufacturing, transportation and logistics, and retail and consumer goods. The Contactless Biometrics Technology Market is expected to grow significantly due to factors such as increased applications of contactless access control across various industries, automatic identification and data capture technologies, and the rising adoption of convenient physical security solutions. The global contactless biometrics technology market size was valued at USD 6.92 billion in 2019 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.3% from 2020 to 2027. The global contactless biometric technologies market was valued at nearly seven billion U.S. dollars in 2021. Current Impact on Biometrics Technology Market (2022), 5.3. As password security has become vulnerable to breaches, businesses seek intelligent yet convenient security solutions to avoid fraudulent activities, financial losses, and market reputation. Contactless Biometrics Technology Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. Therefore, massive presence of such companies in the country ultimately propels the demand for the contactless biometrics technology market. Current and Future Market Size (US$ Mn) Analysis and Forecast By Industry, 2022 2030, 13.3.6. Market Attractiveness Analysis By Application, 13. >>> Get | Download Sample Report @ https://www.verifiedmarketresearch.com/download-sample/?rid=42554. According to the applications of this contactless biometric technology, the market for the same can be segmented into several parts, for instance, face, hand geometry, voice, fingerprint, iris, and others. This website is secure and your personal details are safe. The device is used for time and attendance and access control across various industry sectors, such as telecom, BFSI, heavy industries, and logistics. By continuing to visit this site you agree to our use of cookies: Banking Financial Services & Insurance Industry, Internet, Communication, Software & Services, ICE, Electric, Hybrid, Autonomous Vehicles, Industrial Motors, Pumps, And Control Devices, Power Generation, Transmission And Distribution, Food & Beverage Logistics, Cold Chain & Packaging, Food & Beverage Processing and Technology, https://www.verifiedmarketresearch.com/ask-for-discount/?rid=42554. This helps in exploring the market from different dimensions. Global Contactless Biometrics Technology Market Analysis 2015-2021 and Forecast 2022-2030, by Technology, 10.2. Precedence Research is a Canada/India based company and one of the leading providers of strategic market insights. UK is one of the prominent country in terms of spending in government & law enforcement, military and defense industry. b. In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met. Global Average Pricing Analysis Benchmark, 5. The growing number of air travelers around the world has increased the demand for more secure and advanced identification solutions at airports. However, the high cost of contactless biometrics solutions is expected to hinder the growth of the contactless biometrics technology market to a certain extent. The Contactless Biometrics Technology Market is Segmented by Component Type (Hardware, Software, and Services), by Application Type (Face, Hand Geometry, Voice, Fingerprint, Iris, and Others), by End-User Type (Government, Banking & Finance, Consumer Electronics, Healthcare, Transport & Logistics, Defense & Security, and Others), and by Region . How much is the global market on contactless biometrics technology market valued at? The collected data includes market dynamics, technology landscape, application development and pricing trends. The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls. On the basis of industry, government & law enforcement segment will be a dominating segment. North America Contactless Biometrics Technology Market Analysis 2015-2021 and Forecast 2022-2030, 15.2. Others ( Education, Hospitality, Automotive), 13.4. The report provides an analysis of these subsets with respect to the geographical segmentation. Italy Contactless Biometrics Technology Market Analysis, 21.7. Key players operating in the global contactless biometrics technology market are: Aware Inc. Fingerprint Cards AB Fujitsu Limited Free report customization (equivalent to up to 4 analyst working days) with purchase. Historical Market Size (US$ Mn) and Volume (000 Units) Analysis By Region, 2015 - 2021, 14.3. Nearly all countries have imposed lockdowns and strict social distancing measures. An unified Market Research Subscription Platform, built for todays disparate research needs. A growing number of air travelers across the globe has increased the demand for more secured and advanced identification solutions at airport facilities. the Contactless Biometrics Technology Market is divided into government, banking and finance, consumer electronics, healthcare, transport and logistics, defense and security and other segments. The spread of coronavirus has crippled the entire world. The data is used to determine how patients are feeling and also helps to identify where the patients need more attention in the case, theyre in pain. Global Contactless Biometrics Technology Market Analysis 2015-2021 and Forecast 2022-2030, by Component, 11.2. The contactless biometrics technology market size is expected to grow from US$ 16,670.3 Mn in 2021 to US$ 71,407.4 Mn by 2030. Global Contactless Biometrics Market, by Technology, 2018 - 2030 (USD Billion) 7.3. Further, the report . For understanding the entire market landscape, we need to get details about the past and ongoing trends also. The new system allowed the police force for criminal identification and verifications process across the country. CONTACTLESS BIOMETRICS TECHNOLOGY MARKET 3 KEY PLAYERS Some of the key stakeholders in the contactless biometrics technology market are Touchless Biometric Systems AG, NEC Corporation, M2SYS. AirAsia has further enhanced its facial recognition system, FACES, by integrating it with Malaysia Airports Holdings Berhad's (Malaysia Airports . Manufacturers are developing contactless biometric high-tech sensor systems through fast software algorithms and machine-learning methods for fast and secure identity checks. With the rise of this pandemic across the globe, several institutions, governments, and organizations are now focusing on hygiene and a secure way of sustaining personal identities, offering access controls with no physical contact to the users. Based on Technology, the market is segmented into Contactless Fingerprint Technology, Facial Recognition, Contactless Cards, and Others. https://www.verifiedmarketresearch.com/download-sample/?rid=42554. For instance, in May 2018, Touchless Biometric Systems AG launched TBS 2D EYE, an iris recognition device. The increase in Contactless biometrics systems being adopted in defense and government application accelerates the market growth in North America. All the research models are customized to the prerequisites shared by the global clients. In addition, there has been an increase in the use of contactless biometrics in financial institutions that ensures the secured financial transactions are the attribute that will fuel the market growth. Contactless Biometrics Technology Market size reached USD 11.2 billion in 2021 and is estimated to reach USD 42.7 billion in 2029 and the market is estimated to grow at a very high CAGR 18.2%. Market Attractiveness Analysis By Industry, 14. Furthermore, the surge in demand for smartphones with face recognition software is estimated to foster the market growth. Global Contactless Biometrics Technology Market Analysis 2015-2021 and Forecast 2022-2030, by Application, 12.2. Growing usage of Automatic Identification and Data Capture (AIDC) technology in the e-commerce and retail industry, BFSI sector, border control applications, and increasing support from government legislation to encourage the use of touchless authentication technology is further expected to drive the market growth. Global Contactless Biometrics Market, by Technology 7.1. Contactless biometrics technology is majorly used in identity verification applications such as physical access control for visitors and staff, access to enterprise-wide IT systems, time and attendance systems, payment solution and others. Let us know your requirement to get 100% FREE customization. See for yourself. The market size of government & law enforcement segment is expected to expand up to 4.1X of by 2030 and it is set to register the highest growth at the rate of CAGR 19.3% during 2022-30. It includes technologies like contactless fingerprint recognition, facial recognition, palm vein recognition, iris recognition, voice recognition and others. b. Apr 01, 2022 (AmericaNewsHour) -- Kenneth Research, in its repository of market research reports, have recently added a report on the Contactless Biometrics. Facial recognition segment is set to witness highest growth rate of 19.3% CAGR during 2022-30. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
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