The global contactless biometrics market is anticipated to grow significantly at a CAGR of 20.0% over the forecast period (2021-2027). The outbreak of COVID-19 had positively impacted the growth of the market. The rising need for the contactless biometric in the need to contain the spread of the virus and maintain security levels is the key aspect that drives the growth of the global contactless biometrics market. Rising COVID-19 cases across the globe are pushing everyone to minimize physical contact with the common surface, thereby, increasing the adoption of various contactless biometrics such as the face, iris, and voice & speech. Hence, this promotes the growth of the contactless biometrics market during the forecast period.
Browse the full report description of "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" at https://www.omrglobal.com/industry-reports/contactless-biometrics-market
Besides, governments and the key players operating in the market across the globe have also worked up their measures to implement contactless biometrics technology to quickly react to the crisis. Players such as Amazon Web Services Inc., Apple Inc., Aware Inc., Fujitsu Ltd., Google Inc., Microsoft Corp., NEC Corp., and Sonix Inc. among others substantially contribute to the market growth. For instance, in April 2020, HID Global collaborated with Fidesmo, a company that enables the connection between contactless services and wearables. Under the collaboration, HID Global will bring more use cases to wearables in partnership with Fidesmo. Thus, the launch of novel products by the companies is likely to drive the growth of the market during the forecast period.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region/segment
Global Contactless Biometrics Market – Segmentation
By Component
By Application
By End-Use
Global Contactless Biometrics Market – Segmentation by Region
North America
Europe
Asia-Pacific
Rest of the World
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/contactless-biometrics-market