(MENAFN- EIN Presswire) Contactless Biometrics Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
The Business Research Company's Contactless Biometrics Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!” — The Business research companyLONDON, GREATER LONDON, UK, November 30, 2022 /einpresswire.com / -- Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!
According to 'contactless biometrics global market report 2022 – Market Size, Trends, And Global Forecast 2022-2026' published by The Business Research Company, the contactless biometrics market size is expected to reach a value of nearly $17.27 billion in 2022 at a compound annual growth rate (CAGR) of 18.20%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The contactless biometric market is expected to reach $34.06 billion in 2026 at a compound annual growth rate (CAGR) of 18.51%. The rise of contactless payment systems is driving the growth of the contactless biometric market.
Want to learn more on the contactless biometrics market growth? Request for a free Sample now.
The contactless biometric market consists of sales of contactless biometric products by entities (organizations, sole traders, and partnerships) that are used for identification and authentication or to identify people under surveillance. The use of contactless biometric verification permits user authorization without requiring a person to touch any machine sensors. In addition, behavioral security technologies and multi-factor authentication utilizing non-contact biometrics are much more secure than the procedures are accustomed to.
global contactless biometrics market trends
Technological advances are a key trend gaining popularity in contactless biometrics major companies operating in contactless biometrics are developing new products or new technologies for strengthening the demand for contactless biometrics. For Instance, in 2019, Fujitsu Laboratories Ltd, a Japan-based research and technology company developed a technology that uses palm vein authentication to prevent the degradation of comparison accuracy It happens when encryption is used and the comparison processing time is accelerated.
The global contactless biometrics market is segmented:
By Component: Hardware, Software, Services
By Technology: Contactless Fingerprint Technology, Facial Recognition, Iris Recognition, Palm Vein Recognition, Voice Recognition, Contactless Cards
By Application: Face, Fingerprint, Hand Geometry, Iris, Voice, Other Applications
By End User: Government, BFSI, Consumer electronics, Healthcare, Transport And logistics, Defense And Security, Other End Users
By Geography: The global contactless biometrics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global contactless biometrics market report here
Contactless Biometrics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides contactless biometrics global market analysis, contactless biometrics market overviews, analyzes and forecasts global market size and growth for the global contactless biometrics market, contactless biometrics market share, contactless biometrics market segments and geographies, contactless biometrics market players, contactless biometrics market leading competitor revenues, profiles and market shares. The contactless biometrics market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors' approaches.
TBRC's Contactless Biometrics Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Touchless Biometric Systems AG, IDEMIA SAS, NViaSoft, Fujitsu Limited, NEC Corporation, Gemalto N.V, Aware Inc., HID Global
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
Looking for something else? Here is a list of similar reports by The Business Research Company:
Biometrics Global Market Report 2022
Contactless Payment Terminals Global Market Report 2022
Smart Locks Global Market Report 2022
About the business research company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email:
Check out our:
TBRC Blog:
Healthcare Blog:
LinkedIn:
Twitter:
Facebook:
YouTube:
Global Market Model:
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
Visit us on social media:
facebook
twitter
linkedin