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Contactless Biometrics Technology Market is Recording 17.6% during 2022-2030 

The market for contactless biometrics technology is estimated to expand to US$ 71,407.4 Mn by 2030, with a 17.6% CAGR from 2022 to 2030. Contactless biometrics has received a lot of popularity as biometrics has become a critical component within organizations, institutions, and government facilities, delivering the greatest level of security mechanism. 

Facial recognition, iris recognition, palm vein recognition, contactless fingerprint technology, and voice biometrics are examples of contactless biometric modalities that offer significant advantages over traditional touch-based biometrics in terms of hygiene, accuracy, low maintenance, and enhanced security. 

The Contactless Biometrics Technology Market Study’s Key Takeaways 

Because of the increased adoption of touchless biometrics systems for government and military applications, North America is likely to hold a major share of the worldwide contactless biometrics market during the forecast period. 

Face recognition is expected to have the greatest market share in terms of technology, as this contactless biometrics modality is frequently used for identity verification and access control. 

During the predicted period, the fastest-growing application will be identity verification, followed by access control, where such technologies are widely used. 

Due to the requirement for touchless biometrics systems for public safety applications, demand for contactless biometrics solutions among government agencies will spike during the COVID-19 pandemic. 

Impact Analysis of the COVID-19 Pandemic 

The spread of the COVID-19 virus has accelerated the deployment of contactless biometrics technologies. With the spread of the world’s deadliest virus, different businesses, governments, and institutions are focusing on hygiene and a safe manner of validating personal identities and granting access controls to users without requiring physical contact with security equipment. To quickly respond to the problem, governments around the world have stepped up their efforts to implement contactless biometrics technologies. 

Environment of competition 

  • Fujitsu Limited 
  • NEC Corporation 
  • Gemalto (Thales) 
  • Aware Inc. 
  • HID Global 
  • M2SYS Technology 

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