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PUBLISHER: KBV Research | PRODUCT CODE: 1584965
PUBLISHER: KBV Research | PRODUCT CODE: 1584965
LAMEA 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 Latin America, Middle East and Africa Contactless Biometrics Technology Market would witness market growth of 19.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Contactless Biometrics Technology Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $978 million by 2031. The Argentina market is showcasing a CAGR of 21% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 18.4% during (2024 - 2031).
The adoption of this technology is growing steadily, driven by various factors, including increasing security concerns, the demand for convenience, and technological advancements. The COVID-19 pandemic has accelerated the need for touchless solutions as organizations prioritize hygiene and reduce the spread of germs. Governments and regulatory bodies increasingly recognize the importance of biometric technologies in enhancing security. Policies promoting the adoption of biometric systems in critical sectors such as banking, healthcare, and national security are facilitating market growth.
Advancements in artificial intelligence (AI), machine learning, and computer vision are significantly improving the accuracy and efficiency of contactless biometric systems. The integration of these technologies enables faster processing times, reduces false positives, and enhances user experience. As technology evolves, more organizations will adopt contactless biometrics for their security needs.
The rising healthcare sector in Saudi Arabia is significantly impacting the growth of this market. With the Saudi government contributing a substantial 60% of the healthcare expenditures in the Gulf Cooperation Council (GCC) region, the emphasis on advanced healthcare solutions is becoming more pronounced. The burgeoning transportation sector in the UAE is significantly propelling the growth of this market. As one of the world's leading logistics hubs, the UAE plays a vital role in facilitating global trade, with its seaports handling 61% of cargo destined for Gulf Cooperation Council (GCC) countries. With Dubai recognized among the top ten container ports worldwide, the demand for innovative and efficient transportation solutions is rising. In conclusion, the expansion of the healthcare sector in Saudi Arabia and the growth of the transportation sector in the UAE is fostering 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Contactless Biometrics Technology Market, by Component
- 1.4.2 LAMEA Contactless Biometrics Technology Market, by Application
- 1.4.3 LAMEA Contactless Biometrics Technology Market, by End Use
- 1.4.4 LAMEA 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. LAMEA Contactless Biometrics Technology Market by Component
- 5.1 LAMEA Software Market by Country
- 5.2 LAMEA Hardware Market by Country
- 5.3 LAMEA Service Market by Country
Chapter 6. LAMEA Contactless Biometrics Technology Market by Application
- 6.1 LAMEA Face Market by Country
- 6.2 LAMEA Fingerprint Market by Country
- 6.3 LAMEA Iris Market by Country
- 6.4 LAMEA Hand Geometry Market by Country
- 6.5 LAMEA Voice Market by Country
- 6.6 LAMEA Other Application Market by Country
Chapter 7. LAMEA Contactless Biometrics Technology Market by End Use
- 7.1 LAMEA Government Market by Country
- 7.2 LAMEA Banking & Finance Market by Country
- 7.3 LAMEA Consumer Electronics Market by Country
- 7.4 LAMEA Healthcare Market by Country
- 7.5 LAMEA Defense & Security Market by Country
- 7.6 LAMEA Transport & Logistics Market by Country
- 7.7 LAMEA Other End Use Market by Country
Chapter 8. LAMEA Contactless Biometrics Technology Market by Country
- 8.1 Brazil Contactless Biometrics Technology Market
- 8.1.1 Brazil Contactless Biometrics Technology Market by Component
- 8.1.2 Brazil Contactless Biometrics Technology Market by Application
- 8.1.3 Brazil Contactless Biometrics Technology Market by End Use
- 8.2 Argentina Contactless Biometrics Technology Market
- 8.2.1 Argentina Contactless Biometrics Technology Market by Component
- 8.2.2 Argentina Contactless Biometrics Technology Market by Application
- 8.2.3 Argentina Contactless Biometrics Technology Market by End Use
- 8.3 UAE Contactless Biometrics Technology Market
- 8.3.1 UAE Contactless Biometrics Technology Market by Component
- 8.3.2 UAE Contactless Biometrics Technology Market by Application
- 8.3.3 UAE Contactless Biometrics Technology Market by End Use
- 8.4 Saudi Arabia Contactless Biometrics Technology Market
- 8.4.1 Saudi Arabia Contactless Biometrics Technology Market by Component
- 8.4.2 Saudi Arabia Contactless Biometrics Technology Market by Application
- 8.4.3 Saudi Arabia Contactless Biometrics Technology Market by End Use
- 8.5 South Africa Contactless Biometrics Technology Market
- 8.5.1 South Africa Contactless Biometrics Technology Market by Component
- 8.5.2 South Africa Contactless Biometrics Technology Market by Application
- 8.5.3 South Africa Contactless Biometrics Technology Market by End Use
- 8.6 Nigeria Contactless Biometrics Technology Market
- 8.6.1 Nigeria Contactless Biometrics Technology Market by Component
- 8.6.2 Nigeria Contactless Biometrics Technology Market by Application
- 8.6.3 Nigeria Contactless Biometrics Technology Market by End Use
- 8.7 Rest of LAMEA Contactless Biometrics Technology Market
- 8.7.1 Rest of LAMEA Contactless Biometrics Technology Market by Component
- 8.7.2 Rest of LAMEA Contactless Biometrics Technology Market by Application
- 8.7.3 Rest of LAMEA 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 LAMEA Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA 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 LAMEA Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 7 LAMEA Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 8 LAMEA Software Market by Country, 2020 - 2023, USD Million
- TABLE 9 LAMEA Software Market by Country, 2024 - 2031, USD Million
- TABLE 10 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 11 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 12 LAMEA Service Market by Country, 2020 - 2023, USD Million
- TABLE 13 LAMEA Service Market by Country, 2024 - 2031, USD Million
- TABLE 14 LAMEA Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 15 LAMEA Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 16 LAMEA Face Market by Country, 2020 - 2023, USD Million
- TABLE 17 LAMEA Face Market by Country, 2024 - 2031, USD Million
- TABLE 18 LAMEA Fingerprint Market by Country, 2020 - 2023, USD Million
- TABLE 19 LAMEA Fingerprint Market by Country, 2024 - 2031, USD Million
- TABLE 20 LAMEA Iris Market by Country, 2020 - 2023, USD Million
- TABLE 21 LAMEA Iris Market by Country, 2024 - 2031, USD Million
- TABLE 22 LAMEA Hand Geometry Market by Country, 2020 - 2023, USD Million
- TABLE 23 LAMEA Hand Geometry Market by Country, 2024 - 2031, USD Million
- TABLE 24 LAMEA Voice Market by Country, 2020 - 2023, USD Million
- TABLE 25 LAMEA Voice Market by Country, 2024 - 2031, USD Million
- TABLE 26 LAMEA Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 27 LAMEA Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 28 LAMEA Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 29 LAMEA Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 30 LAMEA Government Market by Country, 2020 - 2023, USD Million
- TABLE 31 LAMEA Government Market by Country, 2024 - 2031, USD Million
- TABLE 32 LAMEA Banking & Finance Market by Country, 2020 - 2023, USD Million
- TABLE 33 LAMEA Banking & Finance Market by Country, 2024 - 2031, USD Million
- TABLE 34 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 35 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 36 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 37 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 38 LAMEA Defense & Security Market by Country, 2020 - 2023, USD Million
- TABLE 39 LAMEA Defense & Security Market by Country, 2024 - 2031, USD Million
- TABLE 40 LAMEA Transport & Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 41 LAMEA Transport & Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 42 LAMEA Other End Use Market by Country, 2020 - 2023, USD Million
- TABLE 43 LAMEA Other End Use Market by Country, 2024 - 2031, USD Million
- TABLE 44 LAMEA Contactless Biometrics Technology Market by Country, 2020 - 2023, USD Million
- TABLE 45 LAMEA Contactless Biometrics Technology Market by Country, 2024 - 2031, USD Million
- TABLE 46 Brazil Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 47 Brazil Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 48 Brazil Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 49 Brazil Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 50 Brazil Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 51 Brazil Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 52 Brazil Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 53 Brazil Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 54 Argentina Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 55 Argentina Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 56 Argentina Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 57 Argentina Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 58 Argentina Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 59 Argentina Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 60 Argentina Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 61 Argentina Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 62 UAE Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 63 UAE Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 64 UAE Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 65 UAE Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 66 UAE Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 67 UAE Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 68 UAE Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 69 UAE Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 70 Saudi Arabia Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 71 Saudi Arabia Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 72 Saudi Arabia Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 73 Saudi Arabia Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 74 Saudi Arabia Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 75 Saudi Arabia Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 76 Saudi Arabia Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 77 Saudi Arabia Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 78 South Africa Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 79 South Africa Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 80 South Africa Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 81 South Africa Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 82 South Africa Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 83 South Africa Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 84 South Africa Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 85 South Africa Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 86 Nigeria Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 87 Nigeria Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 88 Nigeria Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 89 Nigeria Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 90 Nigeria Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 91 Nigeria Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 92 Nigeria Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 93 Nigeria Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 94 Rest of LAMEA Contactless Biometrics Technology Market, 2020 - 2023, USD Million
- TABLE 95 Rest of LAMEA Contactless Biometrics Technology Market, 2024 - 2031, USD Million
- TABLE 96 Rest of LAMEA Contactless Biometrics Technology Market by Component, 2020 - 2023, USD Million
- TABLE 97 Rest of LAMEA Contactless Biometrics Technology Market by Component, 2024 - 2031, USD Million
- TABLE 98 Rest of LAMEA Contactless Biometrics Technology Market by Application, 2020 - 2023, USD Million
- TABLE 99 Rest of LAMEA Contactless Biometrics Technology Market by Application, 2024 - 2031, USD Million
- TABLE 100 Rest of LAMEA Contactless Biometrics Technology Market by End Use, 2020 - 2023, USD Million
- TABLE 101 Rest of LAMEA Contactless Biometrics Technology Market by End Use, 2024 - 2031, USD Million
- TABLE 102 Key Information - Fujitsu Limited
- TABLE 103 Key Information - Thales Group S.A.
- TABLE 104 Key Information - HID Global Corporation
- TABLE 105 KEY INFORMATION - NEC Corporation
- TABLE 106 Key Information - Aware, Inc.
- TABLE 107 Key Information - Fingerprint Cards AB
- TABLE 108 Key Information - IDEMIA SAS
- TABLE 109 Key Information - M2SYS Technology, Inc.
- TABLE 110 Key Information - CardLogix Corporation
- TABLE 111 Key Information - Touchless Biometric Systems AG
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