Contactless Biometrics Technology Market by Offering, Application, End-user

List of Tables

The Contactless Biometrics Technology Market is projected to reach USD 58.20 billion by 2030 from USD 19.58 billion in 2022, at a CAGR of 14.58% during the forecast period.

Global Contactless Biometrics Technology Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 19.58 billion
Estimated Year Value [2023]	USD 22.31 billion
Forecast Year Value [2030]	USD 58.20 billion
CAGR (%)	14.58%

Contactless Biometrics Technology Market - IMG1

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Contactless Biometrics Technology Market.

Based on Offering, market is studied across Hardware, Service, and Software. The Service is further studied across Managed Services and Professional Services. The Software is further studied across Contactless Cards, Contactless Fingerprint Recognition, Facial Recognition, Iris Recognition, Palm Vein Recognition, and Voice Recognition. The Service is projected to witness significant market share during forecast period.

Based on Application, market is studied across Access Control, Criminal identification & Forensic, Identity Verification, Onboarding & KYC, and Payments & Transactions. The Access Control is projected to witness significant market share during forecast period.

Based on End-user, market is studied across Automotive, BFSI, Consumer Electronics, Defense & Military, Government, Healthcare, and Transport & Logistics. The Consumer Electronics is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Contactless Biometrics Technology Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Contactless Biometrics Technology Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Contactless Biometrics Technology Market, highlighting leading vendors and their innovative profiles. These include Aware, Inc., Blue Biometrics Pty Ltd, Cognitec Systems GmbH by Salto Systems Inc., Daon Technology Co., Ltd., DERMALOG Identification Systems GmbH, Fingerprint Cards AB, Fujitsu Limited, HID Global Corporation, ID R&D Inc., Idcube Identification Systems Private Limited, IDEMIA France SAS, IdentyTech Solution Ltd., Innovatrics, s.r.o., M2SYS LLC, Mantra Softech Pvt Ltd, NEC Corporation, Neurotechnology, SecuGen Corporation, Shufti Pro Limited, Thales SA, Touchless Biometric Systems AG, Veridium Ltd., Veridos GmbH, Vision-Box, and Zenwork, Inc..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Contactless Biometrics Technology Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Contactless Biometrics Technology Market?

3. What is the competitive strategic window for identifying opportunities in the Contactless Biometrics Technology Market?

4. What are the latest technology trends and regulatory frameworks in the Contactless Biometrics Technology Market?

5. What is the market share of the leading vendors in the Contactless Biometrics Technology Market?

6. Which modes and strategic moves are suitable for entering the Contactless Biometrics Technology Market?

Product Code: MRR-521BAA36EAB8

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Contactless Biometrics Technology Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising safety and security awareness among organizations
  - 5.1.1.2. Proliferation Internet of Things (IoT) and smart applications
  - 5.1.1.3. Integration of contactless biometrics in smartphones
- 5.1.2. Restraints
  - 5.1.2.1. High costs and accuracy issues associated with contactless biometric solutions
- 5.1.3. Opportunities
  - 5.1.3.1. Development of new compact and on-the-move contactless biometric systems
  - 5.1.3.2. Emergence of facial recognition-based payments systems
- 5.1.4. Challenges
  - 5.1.4.1. Concerns over data privacy and security of contactless biometric solutions
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Contactless Biometrics Technology Market, by Offering

6.1. Introduction
6.2. Hardware
6.3. Service
- 6.4.1. Managed Services
- 6.4.2. Professional Services
6.4. Software
- 6.5.1. Contactless Cards
- 6.5.2. Contactless Fingerprint Recognition
- 6.5.3. Facial Recognition
- 6.5.4. Iris Recognition
- 6.5.5. Palm Vein Recognition
- 6.5.6. Voice Recognition

7. Contactless Biometrics Technology Market, by Application

7.1. Introduction
7.2. Access Control
7.3. Criminal identification & Forensic
7.4. Identity Verification
7.5. Onboarding & KYC
7.6. Payments & Transactions

8. Contactless Biometrics Technology Market, by End-user

8.1. Introduction
8.2. Automotive
8.3. BFSI
8.4. Consumer Electronics
8.5. Defense & Military
8.6. Government
8.7. Healthcare
8.8. Transport & Logistics

9. Americas Contactless Biometrics Technology Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Contactless Biometrics Technology Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Contactless Biometrics Technology Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Aware, Inc.
- 13.1.2. Blue Biometrics Pty Ltd
- 13.1.3. Cognitec Systems GmbH by Salto Systems Inc.
- 13.1.4. Daon Technology Co., Ltd.
- 13.1.5. DERMALOG Identification Systems GmbH
- 13.1.6. Fingerprint Cards AB
- 13.1.7. Fujitsu Limited
- 13.1.8. HID Global Corporation
- 13.1.9. ID R&D Inc.
- 13.1.10. Idcube Identification Systems Private Limited
- 13.1.11. IDEMIA France SAS
- 13.1.12. IdentyTech Solution Ltd.
- 13.1.13. Innovatrics, s.r.o.
- 13.1.14. M2SYS LLC
- 13.1.15. Mantra Softech Pvt Ltd
- 13.1.16. NEC Corporation
- 13.1.17. Neurotechnology
- 13.1.18. SecuGen Corporation
- 13.1.19. Shufti Pro Limited
- 13.1.20. Thales SA
- 13.1.21. Touchless Biometric Systems AG
- 13.1.22. Veridium Ltd.
- 13.1.23. Veridos GmbH
- 13.1.24. Vision-Box
- 13.1.25. Zenwork, Inc.
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing