The latest research report by Emergen Research, named ‘Global Contactless Biometrics Market – Forecast to 2030. The coronavirus outbreak has led to drastic changes in the current Contactless Biometrics Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Contactless Biometrics Market growth assessed on both regional and global levels.
The new report titled ‘Global Contactless Biometrics Market ’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Contactless Biometrics Market outlook over the forecast duration (2019-2030).
The global contactless biometrics market size was USD 17.26 Billion in 2021 and is expected to register a revenue CAGR of 15.55% during the forecast period, according to the latest analysis by Emergen Research. Increasing funding for facial recognition systems is a major factor expected to support revenue growth of the market during the forecast period. In addition, revenue growth of the market is driven by rising demand from the banking, retail, and healthcare sectors as well as increase in smartphone use. Most consumers today depend on face and iris recognition technology to protect their possessions. Companies are implementing improved security features such as pulse biometric applications and others with highly developed Artificial Intelligence (AI)-based technologies to take advantage of this, which is contributing to revenue growth of the market.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/contactless-biometrics-market
COVID-19 Impact Analysis:
The latest report is the most recent study that offers 360° coverage of the Contactless Biometrics Market industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global Contactless Biometrics Market health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Contactless Biometrics Market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era.
Key market companies studied and profiled for this research include Fingerprint Cards AB, Aware, Inc., Fujitsu Limited, IDEMIA, HID Global Corporation, Touchless Biometric Systems AG, nVIASoft Corporation, NEC Corporation, M2SYS Technology, Blue Biometrics, ASSA ABLOY, MeReal Biometrics Limited, Untethered Labs, Inc., and T3K-Forensics GmbH.
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Emergen Research has segmented the global contactless biometrics market on the basis of offering, application, end-use, and region:
· Offering Outlook (Revenue, USD Billion; 2019–2030)
- Multimodal Biometrics Solution
- Integrated Biometrics Software
- Standalone Software
- Vein Recognition
- Facial Recognition
- Iris Recognition
- Contactless Fingerprint Scanners
- Palm Vein Scanners
- Voice Recognition Devices
- Contactless Smart Cards & Readers
- Managed Services
- Professional Services
· Application Outlook (Revenue, USD Billion; 2019–2030)
- KYC & Onboarding
- Criminal Identification & Forensic
- Access Control
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
Who are the leading players in the Contactless Biometrics Market industry?
Which region is expected to dominate the market in the coming years?
What are the key applications of Contactless Biometrics Market ?
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by leading players in the market?
Table of Content:
Chapter 1. Methodology Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2030
Chapter 3. Key Insights
Chapter 4. Contactless Biometrics Market Segmentation Impact Analysis
4.1. Contactless Biometrics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
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