Contactless Biometrics Market 2023 - Industry Growth, Drivers, Market Size, Key Players, And Forecast To 2032

Posted September 26, 2023 by snigdhatbrc

The market size is expected to grow from $17.13 billion in 2022 to $20.25 billion in 2023 at a compound annual growth rate (CAGR) of 18.2%.
The Contactless Biometrics Global Market Report 2023, provides comprehensive information on the contactless biometrics market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Contactless Biometrics Market’s Growth:

As per The Business Research Company’s Contactless Biometrics Global Market Report 2023, the market size is expected to grow 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 market size of the contactless biometrics is expected to grow to $38.12 billion in 2027 at a CAGR of 17.1%.

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The contactless biometrics market is segmented:

1) Contactless Biometrics Market By Component: Hardware, Software, Services

2) Contactless Biometrics Market By Technology: Contactless Fingerprint Technology, Facial Recognition, Iris Recognition, Palm Vein Recognition, Voice Recognition, Contactless Cards

3) Contactless Biometrics Market By Application: Face, Fingerprint, Hand Geometry, Iris, Voice, Other Apllications

4) Contactless Biometrics Market By End User: Government, BFSI, Consumer electronics, Healthcare, Transport And logistics, Defense And Security, Other End Users

North America was the largest region in the contactless biometrics market in 2022.

The table of contents in TBRC’s contactless biometrics market report includes:

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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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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Issued By snigdha
Country United States
Categories Technology
Tags contactless biometrics market , contactless biometrics market size , contactless biometrics market share , contactless biometrics market trends
Last Updated September 26, 2023