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PUBLISHER: KBV Research | PRODUCT CODE: 1584962
PUBLISHER: KBV Research | PRODUCT CODE: 1584962
North America Contactless Biometrics Technology Market Size, Share & Trends Analysis Report By Component (Software, Hardware, and Service), By Application, By End Use, By Country and Growth Forecast, 2024 - 2031
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The North America Contactless Biometrics Technology Market would witness market growth of 16.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Contactless Biometrics Technology Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $12,570.7 million by 2031. The Canada market is experiencing a CAGR of 18.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 17.5% during (2024 - 2031).
This technology is versatile and finds applications across numerous sectors. In the healthcare sector, this technology enhances operational efficiency and patient safety through improved patient identification, access control to sensitive areas, and electronic health records (EHR) protection. By utilizing facial recognition and iris scanning, healthcare facilities can quickly and accurately verify patient identities, significantly reducing medical errors.
Additionally, contactless biometric systems secure restricted areas like operating rooms and drug storage units, ensuring that only authorized personnel gain access. The significance of this technology is further highlighted by the Italian government's allocation of €1.67 billion for electronic medical records (EMR) and e-health infrastructure as part of the National Recovery and Resilience Program (NRRP). This investment underscores the commitment to enhancing healthcare systems with advanced technologies like contactless biometrics, which are crucial for the future of patient care.
The rising incidence of cyber security incidents in Canada significantly impacts the growth of this market. According to Statistics Canada, approximately 16% of Canadian businesses experienced cyber security issues in 2023, reflecting an upward trend in threats faced by organizations. The alarming rise in cybercrime in the United States is significantly influencing the growth of this market. In 2022 alone, the U.S. reported over 800,000 cybercrime incidents, with financial losses skyrocketing nearly 50%, from $6.9 billion to $10.3 billion. This surge in cyber threats drives businesses and organizations to seek more robust security measures to protect sensitive data and financial transactions. Therefore, the rising cyber security incidents in Canada and the USA are significantly propelling the growth of the contactless biometrics technology market.
Based on Component, the market is segmented into Software, Hardware, and Service. Based on Application, the market is segmented into Face, Fingerprint, Iris, Hand Geometry, Voice, and Other Application. Based on End Use, the market is segmented into Government, Banking & Finance, Consumer Electronics, Healthcare, Defense & Security, Transport & Logistics, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Fujitsu Limited
- Thales Group S.A. (Gemalto NV)
- Assa Abloy AB
- NEC Corporation
- Aware, Inc.
- Fingerprint Cards AB
- IDEMIA SAS (Advent International, Inc.)
- Touchless Biometric Systems AG
- M2SYS Technology, Inc.
- nVIAsoft Corporation
North America Contactless Biometrics Technology Market Report Segmentation
By Component
- Software
- Hardware
- Service
By Application
- Face
- Fingerprint
- Iris
- Hand Geometry
- Voice
- Other Application
By End Use
- Government
- Banking & Finance
- Consumer Electronics
- Healthcare
- Defense & Security
- Transport & Logistics
- Other End Use
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Contactless Biometrics Technology Market, by Component
- 1.4.2 North America Contactless Biometrics Technology Market, by Application
- 1.4.3 North America Contactless Biometrics Technology Market, by End Use
- 1.4.4 North America Contactless Biometrics Technology Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Apr - 2024, Jul) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. North America Contactless Biometrics Technology Market by Component
- 5.1 North America Software Market by Country
- 5.2 North America Hardware Market by Country
- 5.3 North America Service Market by Country
Chapter 6. North America Contactless Biometrics Technology Market by Application
- 6.1 North America Face Market by Country
- 6.2 North America Fingerprint Market by Country
- 6.3 North America Iris Market by Country
- 6.4 North America Hand Geometry Market by Country
- 6.5 North America Voice Market by Country
- 6.6 North America Other Application Market by Country
Chapter 7. North America Contactless Biometrics Technology Market by End Use
- 7.1 North America Government Market by Country
- 7.2 North America Banking & Finance Market by Country
- 7.3 North America Consumer Electronics Market by Country
- 7.4 North America Healthcare Market by Country
- 7.5 North America Defense & Security Market by Country
- 7.6 North America Transport & Logistics Market by Country
- 7.7 North America Other End Use Market by Country
Chapter 8. North America Contactless Biometrics Technology Market by Country
- 8.1 US Contactless Biometrics Technology Market
- 8.1.1 US Contactless Biometrics Technology Market by Component
- 8.1.2 US Contactless Biometrics Technology Market by Application
- 8.1.3 US Contactless Biometrics Technology Market by End Use
- 8.2 Canada Contactless Biometrics Technology Market
- 8.2.1 Canada Contactless Biometrics Technology Market by Component
- 8.2.2 Canada Contactless Biometrics Technology Market by Application
- 8.2.3 Canada Contactless Biometrics Technology Market by End Use
- 8.3 Mexico Contactless Biometrics Technology Market
- 8.3.1 Mexico Contactless Biometrics Technology Market by Component
- 8.3.2 Mexico Contactless Biometrics Technology Market by Application
- 8.3.3 Mexico Contactless Biometrics Technology Market by End Use
- 8.4 Rest of North America Contactless Biometrics Technology Market
- 8.4.1 Rest of North America Contactless Biometrics Technology Market by Component
- 8.4.2 Rest of North America Contactless Biometrics Technology Market by Application
- 8.4.3 Rest of North America Contactless Biometrics Technology Market by End Use
Chapter 9. Company Profiles
- 9.1 Fujitsu Limited
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Thales Group S.A.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 HID Global Corporation (Assa Abloy AB)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 NEC Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Aware, Inc.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Product Launches and Product Expansions:
- 9.5.6 SWOT Analysis
- 9.6 Fingerprint Cards AB
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental Analysis
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Partnerships, Collaborations, and Agreements:
- 9.6.4.2 Product Launches and Product Expansions:
- 9.6.5 SWOT Analysis
- 9.7 IDEMIA SAS (Advent International, Inc.)
- 9.7.1 Company Overview
- 9.7.2 Recent strategies and developments:
- 9.7.2.1 Partnerships, Collaborations, and Agreements:
- 9.7.2.2 Product Launches and Product Expansions:
- 9.7.3 SWOT Analysis
- 9.8 M2SYS Technology, Inc.
- 9.8.1 Company Overview
- 9.8.2 SWOT Analysis
- 9.9 CardLogix Corporation
- 9.9.1 Company Overview
- 9.9.2 SWOT Analysis
- 9.10. Touchless Biometric Systems AG
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 2 North America Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Contactless Biometrics Technology Market
- TABLE 4 Product Launches And Product Expansions- Contactless Biometrics Technology Market
- TABLE 5 Acquisition and Mergers- Contactless Biometrics Technology Market
- TABLE 6 North America Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 7 North America Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 8 North America Software Market by Country, 2020 - 2023, USD Million
- TABLE 9 North America Software Market by Country, 2024 - 2031, USD Million
- TABLE 10 North America Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 11 North America Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 12 North America Service Market by Country, 2020 - 2023, USD Million
- TABLE 13 North America Service Market by Country, 2024 - 2031, USD Million
- TABLE 14 North America Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 15 North America Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 16 North America Face Market by Country, 2020 - 2023, USD Million
- TABLE 17 North America Face Market by Country, 2024 - 2031, USD Million
- TABLE 18 North America Fingerprint Market by Country, 2020 - 2023, USD Million
- TABLE 19 North America Fingerprint Market by Country, 2024 - 2031, USD Million
- TABLE 20 North America Iris Market by Country, 2020 - 2023, USD Million
- TABLE 21 North America Iris Market by Country, 2024 - 2031, USD Million
- TABLE 22 North America Hand Geometry Market by Country, 2020 - 2023, USD Million
- TABLE 23 North America Hand Geometry Market by Country, 2024 - 2031, USD Million
- TABLE 24 North America Voice Market by Country, 2020 - 2023, USD Million
- TABLE 25 North America Voice Market by Country, 2024 - 2031, USD Million
- TABLE 26 North America Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 27 North America Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 28 North America Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 29 North America Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 30 North America Government Market by Country, 2020 - 2023, USD Million
- TABLE 31 North America Government Market by Country, 2024 - 2031, USD Million
- TABLE 32 North America Banking & Finance Market by Country, 2020 - 2023, USD Million
- TABLE 33 North America Banking & Finance Market by Country, 2024 - 2031, USD Million
- TABLE 34 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 35 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 36 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 37 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 38 North America Defense & Security Market by Country, 2020 - 2023, USD Million
- TABLE 39 North America Defense & Security Market by Country, 2024 - 2031, USD Million
- TABLE 40 North America Transport & Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 41 North America Transport & Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 42 North America Other End Use Market by Country, 2020 - 2023, USD Million
- TABLE 43 North America Other End Use Market by Country, 2024 - 2031, USD Million
- TABLE 44 North America Contactless Biometrics Technology Market by Country, 2020 - 2023, USD Million
- TABLE 45 North America Contactless Biometrics Technology Market by Country, 2024 - 2031, USD Million
- TABLE 46 US Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 47 US Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 48 US Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 49 US Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 50 US Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 51 US Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 52 US Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 53 US Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 54 Canada Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 55 Canada Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 56 Canada Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 57 Canada Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 58 Canada Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 59 Canada Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 60 Canada Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 61 Canada Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 62 Mexico Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 63 Mexico Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 64 Mexico Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 65 Mexico Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 66 Mexico Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 67 Mexico Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 68 Mexico Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 69 Mexico Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 70 Rest of North America Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 71 Rest of North America Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 72 Rest of North America Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 73 Rest of North America Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 74 Rest of North America Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 75 Rest of North America Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 76 Rest of North America Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 77 Rest of North America Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 78 Key Information - Fujitsu Limited
- TABLE 79 Key Information - Thales Group S.A.
- TABLE 80 Key Information - HID Global Corporation
- TABLE 81 KEY INFORMATION - NEC Corporation
- TABLE 82 Key Information - Aware, Inc.
- TABLE 83 Key Information - Fingerprint Cards AB
- TABLE 84 Key Information - IDEMIA SAS
- TABLE 85 Key Information - M2SYS Technology, Inc.
- TABLE 86 Key Information - CardLogix Corporation
- TABLE 87 Key Information - Touchless Biometric Systems AG
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