Contactless Biometrics Technology Market Size Worth $66.33 Billion By 2032 | CAGR: 17.9%

The global contactless biometrics technology market size is expected to reach USD 66.33 billion by 2032, according to a new study by Polaris Market Research. The report “Contactless Biometrics Technology Market Share, Size, Trends, Industry Analysis Report, By Offering (Hardware, Software, Services); By Type; By End Use Industry; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The incorporation of advanced artificial intelligence and machine learning algorithms enhances the accuracy and speed of contactless biometrics, particularly in facial recognition and emotion analysis. Combining multiple biometric modalities, such as facial recognition with fingerprint or iris scans, is increasingly common to boost security and reduce false acceptance rates. The establishment of global standards and guidelines for contactless biometrics has gained momentum. These standards promote interoperability and ensure ethical and privacy considerations are adhered to.

The market is characterized by intense competition, with both established companies and startups competing for market share. Ongoing innovation is focused on enhancing accuracy, security, and user experience. The market is also influenced by ongoing discussions on privacy and regulatory concerns related to contactless biometrics. These considerations may impact market dynamics, standards, and the adoption of specific technologies.

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The government segment accounted for a significant share in 2022. Within government facilities, contactless biometrics improves access control, safeguarding sensitive areas. Moreover, they have been deployed in public health initiatives to conduct contact tracing and health monitoring during health crises like the COVID-19 pandemic. The technology is also used for e-government services, simplifying citizen authentication. Voter verification during elections, management of social welfare programs, security and surveillance, emergency response systems, and applications in smart cities are among the many other ways governments are harnessing contactless biometrics.

In healthcare, contactless biometrics are leveraged for patient identification and secure access to medical records. This ensures the security of patient data and reduces the likelihood of errors, benefiting both patients and healthcare providers. Contactless biometrics are integrated into consumer electronics, particularly smartphones and tablets, for user authentication. This trend is contributing to the mainstream adoption of contactless biometrics.

Contactless Biometrics Technology Market Report Highlights

• Software segment held significant share in 2022, owing to greater adoption of adoption of AI, cloud-based services, and machine learning technologies
• Face recognition segment accounted for largest market share in 2022, which is mainly driven by its advantages such as enhanced security, convenience, integration with smart devices, and cost effectiveness
• Government segment held the maximum market revenue share in 2022, mainly due to greater use in border control and immigration, national identification systems, public health initiatives, and security and surveillance
• North America region dominated the market with majority share in 2022, owing to rising security concerns, government initiatives, and competitive landscape
• The global key market players include Fingerprint Cards AB, Fujitsu Limited, Gemalto N.V., FaceFirst, IDEMIA, and Aware, Inc. among others

Polaris Market Research has segmented the Contactless Biometrics Technology market report based on offering, type, end use industry, and region:

Contactless Biometrics Technology, Offering Outlook (Revenue - USD Billion, 2019 - 2032)

• Hardware
• Software
• Services

Contactless Biometrics Technology, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Face Recognition
• Iris Recognition
• Voice Recognition
• Fingerprint Recognition
• Others

Contactless Biometrics Technology, End Use Industry Outlook (Revenue - USD Billion, 2019 - 2032)

• Healthcare
• Defense and Security
• BFSI
• Government
• Others

Contactless Biometrics Technology, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Contactless Biometrics Technology Market Report Scope