Contactless Biometrics Technology Market (By Component: Hardware, Software, Service; By End use Industry: Government, Banking & Finance, Consumer Electronics, Healthcare, Transport & Logistics, Defense & Security, Others; By Application: Face, Fingerprint, Hand Geometry, Iris, Voice, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033
The global contactless biometrics technology market size accounted for USD 12.09 billion in 2023, and it is expected to hit around USD 65.99 billion by 2033, poised to grow at a CAGR of 18.5% from 2024 to 2033.
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The U.S. contactless biometrics technology market size was estimated at USD 2.72 billion in 2023 and is predicted to be worth around USD 15.81 billion by 2033, at a CAGR of 19.2% from 2024 to 2033.
North America leads the market contributing a revenue share of more than 32.14% in 2023 and will continue to grow significantly over the forecast period owing to the presence of major market players such as M2SYS Technology, HID Global, nVIAsoft Corporation and BioConnect in this region. The surge in payment solution providers are requesting contactless biometrics solution s that ensures safe transaction to the customers is expected to fuel the growth of the Contactless Biometrics Technology Market in this region.
The increase in Contactless biometrics systems being adopted in defense and government application accelerates the market growth in North America. Additionally, the Government regulations to install the contactless biometrics solutions to track the travelers and to boost the security at airport are anticipated to boost the market growth. For instance, on 15th July 2021, HID Global, a worldwide leader in trusted identity solutions, announced that the Arcos Bosques Torre 1 (Tower 1) has deployed its access control solutions to increase the security and better manage visitor entry. It is located in the Bosques de las Lomas neighborhood of Mexico City, the center is comprised of six buildings. The complex included two skyscrapers and is home to high-profile law firms, mining, industrial, media and technology companies, and one of the city’s most recognized shopping centers.
The Europe contactless biometrics technology market size was calculated at USD 3.56 billion in 2023 and is projected to expand around USD 20.39 billion by 2033, poised to grow at a CAGR of 7.1% from 2024 to 2033.
Year | Market Size (USD Billion) |
2023 | 3.56 |
2024 | 4.23 |
2025 | 5.04 |
2026 | 6.00 |
2027 | 7.15 |
2028 | 8.52 |
2029 | 10.14 |
2030 | 12.08 |
2031 | 14.38 |
2032 | 17.13 |
2033 | 20.39 |
Contactless biometrics technology offers a unique and safe scanning method that prioritizes hygiene and simplicity and this factor will drive the market growth. Additionally, the increase in demand for high security level in public, commercial and private sector is anticipated to drive the market growth. The surge in demand for Automatic Identification and Data Capture (AIDC) technology in diverse industry verticals such as BFSI, e-commerce and retail industry, border control applications and many others will contribute significantly towards the market growth.
Furthermore, the surge in demand for smartphones with face recognition software is estimated to foster the market growth. In addition, there has been an increase in the use of contactless biometrics in financial institutions that ensures the secured financial transactions are the attribute that will fuel the market growth. For instance, On 29th September 2021, Fingerprint Cards AB announced that it has collaborated with Infineon Technologies AG, the world leader in security controllers for contactless payments to enable biometric authentication that will be carried out fully within Infineon's Secure Element, making it cheaper and easier for card companies to build and use biometric payment cards on a large scale.
The growth in the number of air travelers in the recent years has increase and this has generated huge demand for Contactless biometrics to be used as advanced identification solutions at airport facilities. This factor drives the growth of the Contactless Biometrics Technology Market. The emergence of computerized database and digitization has increased the industrial adoption of contactless biometrics across the globe and this factor fuels the market growth.
Report Coverage | Details |
Contactless Biometrics Technology Market Size in 2023 | USD 12.09 Billion |
Contactless Biometrics Technology Market Size by 2033 | USD 65.99 Billion |
Contactless Biometrics Technology Market Growth Rate from 2024 to 2033 | CAGR of 18.5% |
Largest Market | North America |
Fastest Growing Market | Asia Pacific |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | By Component, By End use Industry, and By Application |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Based on the Component, the Contactless Biometrics Technology Market is divided into Hardware, Software and Service.
The software segment leads the market with more than 46% in 2023 and is estimated to grow significantly during the forecast period. The software section of the market is expected to be fueled by an increase in the usage of Artificial Intelligence (AI), cloud-based services, and Machine Learning (ML) for contactless biometrics solutions.
Based on the End-use industry verticals, the Contactless Biometrics Technology Market is divided into Government, Banking & Finance, Consumer Electronics, Healthcare, Transport & Logistics, Defense & Security and Others. The Government end use segment leads the market contributing more than 31% of revenue share in 2023 and is expected to grow significantly during the forecast period. In order to minimize the criminal activities, the Governments across the globe adopted using the contactless biometrics technology. This factor will contribute significantly towards the market growth.
The healthcare end use segment also leads the market contributing more than 28% of revenue share in 2023 and is anticipated to grow significantly during the forecast period owing to the rapid technological advancements and AI-powered face and iris identification system used in the hospitals to trace patients without using physical tracking devices. Moreover, the development of real-time emotion detection system, that is an application of face recognition in healthcare helps in detecting the emotions of the patients during their stay in the healthcare facility. This assist the doctors to determine the patient’s feelings and also in identifying the area where more attention needs to be given. All these attributes are expected to drive the growth of the Contactless Biometrics Technology Market.
Based on the Application, the Contactless Biometrics Technology Market is divided Face, Fingerprint, Hand Geometry, Iris, Voice and Others. The iris application segment is expected to lead the Contactless Biometrics Technology Market during the forecast period owing to its accuracy, fast, and convenient scanning method. Payroll frauds such as buddy punching are also eliminated. The rise in the use of iris biometrics systems within organizations to process payroll and compute other benefits such as health, disability, and vacation is predicted to drive the iris application segment's growth.
The emergence of COVID-19 across the globe has compelled the people to avoid physical contact with common surfaces and this has accelerated the demand for iris biometrics in the market. Iris identification is used in national and civil ID schemes, access control, time attendance, and a variety of other applications. In addition, the Contactless Biometrics Technology Market is expected to rise due to the increasing usage of iris technology by state and local authorities for border security.
Segments Covered in the Report
By Component
By End use Industry
By Application
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Contactless Biometrics Technology Market
5.1. COVID-19 Landscape: Contactless Biometrics Technology Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Contactless Biometrics Technology Market, By Component
8.1. Contactless Biometrics Technology Market, by Component Type, 2024-2033
8.1.1. Hardware
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Software
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. Service
8.1.3.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global Contactless Biometrics Technology Market, By Application
9.1. Contactless Biometrics Technology Market, by Application, 2024-2033
9.1.1. Face
9.1.1.1. Market Revenue and Forecast (2021-2033)
9.1.2. Fingerprint
9.1.2.1. Market Revenue and Forecast (2021-2033)
9.1.3. Hand Geometry
9.1.3.1. Market Revenue and Forecast (2021-2033)
9.1.4. Iris
9.1.4.1. Market Revenue and Forecast (2021-2033)
9.1.5. Voice
9.1.5.1. Market Revenue and Forecast (2021-2033)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2021-2033)
Chapter 10. Global Contactless Biometrics Technology Market, By End use
10.1. Contactless Biometrics Technology Market, by End use, 2024-2033
10.1.1. Government
10.1.1.1. Market Revenue and Forecast (2021-2033)
10.1.2. Banking & Finance
10.1.2.1. Market Revenue and Forecast (2021-2033)
10.1.3. Consumer Electronics
10.1.3.1. Market Revenue and Forecast (2021-2033)
10.1.4. Healthcare
10.1.4.1. Market Revenue and Forecast (2021-2033)
10.1.5. Transport & Logistics
10.1.5.1. Market Revenue and Forecast (2021-2033)
10.1.6. Defense & Security
10.1.6.1. Market Revenue and Forecast (2021-2033)
10.1.7. Others
10.1.7.1. Market Revenue and Forecast (2021-2033)
Chapter 11. Global Contactless Biometrics Technology Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Component (2021-2033)
11.1.2. Market Revenue and Forecast, by Application (2021-2033)
11.1.3. Market Revenue and Forecast, by End use (2021-2033)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Component (2021-2033)
11.1.4.2. Market Revenue and Forecast, by Application (2021-2033)
11.1.4.3. Market Revenue and Forecast, by End use (2021-2033)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Component (2021-2033)
11.1.5.2. Market Revenue and Forecast, by Application (2021-2033)
11.1.5.3. Market Revenue and Forecast, by End use (2021-2033)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Component (2021-2033)
11.2.2. Market Revenue and Forecast, by Application (2021-2033)
11.2.3. Market Revenue and Forecast, by End use (2021-2033)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Component (2021-2033)
11.2.4.2. Market Revenue and Forecast, by Application (2021-2033)
11.2.4.3. Market Revenue and Forecast, by End use (2021-2033)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Component (2021-2033)
11.2.5.2. Market Revenue and Forecast, by Application (2021-2033)
11.2.5.3. Market Revenue and Forecast, by End use (2021-2033)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Component (2021-2033)
11.2.6.2. Market Revenue and Forecast, by Application (2021-2033)
11.2.6.3. Market Revenue and Forecast, by End use (2021-2033)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Component (2021-2033)
11.2.7.2. Market Revenue and Forecast, by Application (2021-2033)
11.2.7.3. Market Revenue and Forecast, by End use (2021-2033)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Component (2021-2033)
11.3.2. Market Revenue and Forecast, by Application (2021-2033)
11.3.3. Market Revenue and Forecast, by End use (2021-2033)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Component (2021-2033)
11.3.4.2. Market Revenue and Forecast, by Application (2021-2033)
11.3.4.3. Market Revenue and Forecast, by End use (2021-2033)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Component (2021-2033)
11.3.5.2. Market Revenue and Forecast, by Application (2021-2033)
11.3.5.3. Market Revenue and Forecast, by End use (2021-2033)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Component (2021-2033)
11.3.6.2. Market Revenue and Forecast, by Application (2021-2033)
11.3.6.3. Market Revenue and Forecast, by End use (2021-2033)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Component (2021-2033)
11.3.7.2. Market Revenue and Forecast, by Application (2021-2033)
11.3.7.3. Market Revenue and Forecast, by End use (2021-2033)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Component (2021-2033)
11.4.2. Market Revenue and Forecast, by Application (2021-2033)
11.4.3. Market Revenue and Forecast, by End use (2021-2033)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Component (2021-2033)
11.4.4.2. Market Revenue and Forecast, by Application (2021-2033)
11.4.4.3. Market Revenue and Forecast, by End use (2021-2033)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Component (2021-2033)
11.4.5.2. Market Revenue and Forecast, by Application (2021-2033)
11.4.5.3. Market Revenue and Forecast, by End use (2021-2033)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Component (2021-2033)
11.4.6.2. Market Revenue and Forecast, by Application (2021-2033)
11.4.6.3. Market Revenue and Forecast, by End use (2021-2033)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Component (2021-2033)
11.4.7.2. Market Revenue and Forecast, by Application (2021-2033)
11.4.7.3. Market Revenue and Forecast, by End use (2021-2033)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Component (2021-2033)
11.5.2. Market Revenue and Forecast, by Application (2021-2033)
11.5.3. Market Revenue and Forecast, by End use (2021-2033)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Component (2021-2033)
11.5.4.2. Market Revenue and Forecast, by Application (2021-2033)
11.5.4.3. Market Revenue and Forecast, by End use (2021-2033)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Component (2021-2033)
11.5.5.2. Market Revenue and Forecast, by Application (2021-2033)
11.5.5.3. Market Revenue and Forecast, by End use (2021-2033)
Chapter 12. Company Profiles
12.1. Touchless Biometric Systems AG
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Fingerprint Cards AB
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. IDEMIA
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. nViaSoft
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Fujitsu Limited
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. NEC Corporation
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Gemalto N.V.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Aware Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. HID Global
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. M2SYS Technology
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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