Contactless Biometrics Market
Global Contactless Biometrics Market Size, Share & Trends Analysis Report by Component (Hardware, Software, and Services), by Application (Face, Iris, Voice & Speech, and Others), and by End-Use (BFSI, IT & Telecommunication, Healthcare, Retail, Government & Utilities, and Others) Forecast, 2021-2027 Update Available - Forecast 2024-2030
Contactless biometric devices analyze the biological data of the user by capturing the biometric data inputs such as facial, voice, and iris recognition and use them as a future reference for user’s identification and to maintain all the records. The global contactless biometrics market is projected to grow at a CAGR of 20.0% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the increasing demand for a high level of security in private, commercial, and public establishments across the globe. Demand for facial and voice recognition software in security and surveillance applications has been increasing substantially in the recent past due to increasing terrorist activities. Further, contactless biometrics is also used across various healthcare facilities, airports, and others by security authorities for identification purposes.
Further, the outbreak of COVID-19 had also positively influenced the growth of the market during the forecast period. Increasing guidelines for social distancing, public safety monitoring, patient screening, are some of the factors that encourage the need for a contactless biometrics market during the forecast period.
Segmental Outlook
The global contactless biometrics market is segmented on the basis of component, application, and end-use. Based on the component, the market is segmented as hardware, software, and services. Based on the application, the market is segmented as the face, iris, voice & speech, and others. Based on the end-use, the market is segmented as BFSI, IT & telecommunication, healthcare, retail, government & utilities, and others.
Contactless Biometrics for Healthcare Segment to Hold a Substantial Share in Market
Amongst the end-use segment of the global contactless biometrics, the healthcare segment is projected to hold the most lucrative share in the market. Contactless biometrics for healthcare allow increased patient’s and employee’s safety by detecting fraud and restricting access to the information regarding the patient. Contactless biometrics for healthcare include many features which include image storage, facial recognition, palm scans which are scalable, flexible, and highly secure. It also eliminates the possibility of individuals attempting to pose as other patients for access to various treatments and medications so that the right individuals can receive the proper care and treatment. Moreover, contactless biometrics for healthcare acts as an alternative to passwords and for reducing the incidences of healthcare frauds. Contactless biometrics for healthcare also eliminate the risk of transferring any infection as it is contactless and touch-free. Such factors contribute to the segmental growth of the market over the forecast period.
Global Contactless Biometrics Market, by End-Use 2020 (%)
Regional Outlook
The global contactless biometrics market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region is projected to hold a significant market share. The US and Canada are the major economies primarily contributing to the growth of the contactless biometrics market in the region. The regional growth of the market is accredited to the well-established technology and IT sector that drives the market growth. Besides, North America shows a significant growth in the global contactless biometrics market owing to the extensive implementation of healthcare fraud controlling systems and enforcement of legislation such as the Health Insurance Portability and Accountability Act (HIPPA) in the US.
Furthermore, most of the prominent players are in the US and are continuously investing in technological advancements and eventually innovating new products and biometric devices in the global market. Further, the Asia-Pacific region is also estimated to witness a significant value for the market, attributing to the high internet penetration rate which results in the increasing digital crimes and cyber-attacks in the region. The government initiative for Digital India is one of the major factors behind the adoption of such technologies in India. China is also a major economy in the region which contributes majorly to the growth of the market in the region, owing to the high penetration of smartphones in the region.
Global Contactless Biometrics Market, by Region 2020 (%)
Market Players Outlook
The prominent players functioning in the global contactless biometrics market include Amazon Web Services Inc., Apple Inc., Aware Inc., Fujitsu Ltd., Google Inc., Microsoft Corp., NEC Corp., and Sonix Inc. among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others in order to thrive in a competitive environment. For instance, in May 2020, NEC Corp. launched NeoFace Thermal Express that provides touchless screening. The newly launched NeoFace Thermal Express by the NEC Corp. is able to detect even through elevated body temperature as well as protective equipment such as face masks.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global contactless biometrics market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Contactless Biometrics Market by Component
5.1.1. Hardware
5.1.2. Software
5.1.3. Services
5.2. Global Contactless Biometrics Market by Application
5.2.1. Face
5.2.2. Iris
5.2.3. Voice & Speech
5.2.4. Others
5.3. Global Contactless Biometrics Market by End-Use
5.3.1. BFSI
5.3.2. IT &Telecommunication
5.3.3. Healthcare
5.3.4. Retail
5.3.5. Government&Utilities
5.3.6. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amazon Web Services Inc.
7.2. Apple Inc.
7.3. Assa Abloy AB
7.4. Aware Inc.
7.5. Brainasoft
7.6. FEITIAN Technologies Co.
7.7. Fujitsu Ltd.
7.8. Gemalto N.V.
7.9. Google Inc.
7.10. HID Global
7.11. IDEMIA SAS
7.12. MeReal Biometrics
7.13. Microsoft Corp.
7.14. NEC Corp.
7.15. Neurotechnology
7.16. Nuance Communication Inc.
7.17. nViaSoft
7.18. Sonix Inc.
7.19. Touchless Biometric Systems AG
7.20. Zwipe
1. GLOBAL CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
2. GLOBAL CONTACTLESS BIOMETRICS HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL CONTACTLESS BIOMETRICS SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL CONTACTLESS BIOMETRICS SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
6. GLOBAL FACE BIOMETRICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL IRIS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL VOICE & SPEECH BIOMETRICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY END-USE, 2020-2027 ($ MILLION)
11. GLOBAL CONTACTLESS BIOMETRICS FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL CONTACTLESS BIOMETRICS FOR IT &TELECOMMUNICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL CONTACTLESS BIOMETRICS FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL CONTACTLESS BIOMETRICS FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL CONTACTLESS BIOMETRICS FOR GOVERNMENT & UTILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL CONTACTLESS BIOMETRICS FOR OTHER END-USE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. NORTH AMERICAN CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. NORTH AMERICAN CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
19. NORTH AMERICAN CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
20. NORTH AMERICAN CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY END-USE, 2020-2027 ($ MILLION)
21. EUROPEAN CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. EUROPEAN CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
23. EUROPEAN CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
24. EUROPEAN CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY END-USE, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY END-USE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
30. REST OF THE WORLD CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
31. REST OF THE WORLD CONTACTLESS BIOMETRICS MARKET RESEARCH AND ANALYSIS BY END-USE, 2020-2027 ($ MILLION)
1. GLOBAL CONTACTLESS BIOMETRICS MARKET SHARE BY COMPONENT, 2020 VS 2027 (%)
2. GLOBAL CONTACTLESS BIOMETRICS MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
3. GLOBAL CONTACTLESS BIOMETRICS MARKET SHARE BY END-USE, 2020 VS 2027(%)
4. GLOBAL CONTACTLESS BIOMETRICS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027(%)
5. US CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
6. CANADA CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
7. UK CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
8. FRANCE CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
9. GERMANY CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
10. ITALY CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
11. SPAIN CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
12. ROE CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
13. INDIA CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
14. CHINA CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
15. JAPAN CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
16. ASEAN CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
17. SOUTH KOREA CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
18. REST OF ASIA-PACIFIC CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
19. REST OF THE WORLD CONTACTLESS BIOMETRICS MARKET SIZE, 2020-2027 ($ MILLION)
