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Contactless Biometrics Market size was valued at USD 20.02 in 2023 and is expected to reach USD 81.61 by 2032 and grow at a CAGR of 16.9 % over the forecast period 2024-2032.
The contactless biometrics market is driven by the increasing issues related to security, the need for convenient methods of authentication, and growing adoption across diverse sectors along with government, healthcare, defense, and client electronics. The COVID-19 pandemic multiplied the use of contactless biometrics as a hygienic, touch-free identity verification approach. Technologies like facial recognition and iris scanning have become crucial in healthcare and get entry to manipulate. The proliferation of smartphones with facial recognition software is expected to drive demand, providing secure app access and payment authentication. Financial institutions are increasingly adopting contactless biometrics for secure international transactions, further boosting market growth. This technology also reduces maintenance costs due to fewer consumables and cleaning needs. The growing number of air travelers has increased the need for advanced identification solutions in airports, exemplified by Etihad Airways' trial of contactless self-service tech in 2020. Manufacturers are enhancing these systems with temperature sensors and imaging cameras. Despite the benefits, the high cost of contactless biometrics and concerns about data theft creates challenges. Additionally, facial recognition technologies must adapt to changes in facial texture and shape over time, with factors like illumination, pose, and expression impacting accuracy and limiting growth to some extent. On July 5, 2024, multiple airports globally adopted biometric solutions for contactless border crossings. Curaçao launched the Curaçao Express Pass, reducing processing times by over 50% with pre-shared passport data and eGates powered by Vision-Box. Berlin Brandenburg Airport introduced BER Biometrics, allowing travelers to use facial recognition for a seamless terminal experience. Marseille Provence Airport partnered with Embross and IN Groupe to deploy biometric technology for self-service kiosks and boarding gates. However, India's Digi Yatra program faces scrutiny over data privacy and alleged breaches, as highlighted by the Vidhi Centre for Legal Policy.
IDloop's new contactless fingerprint scanner, On June 18, 2024, Germany-based IDloop introduced the CFS flats, a contactless fingerprint scanner with advanced 3D imaging for high-traffic areas such as airports. CEO Jörg Reinhold highlighted its enhanced detail and accuracy. The scanner uses structured blue light to create a detailed 3D point cloud of fingerprints, capturing 13-point clouds per second. Supported by a 10 million euro grant from the European Commission, it ensures accurate identification regardless of lighting, motion, or skin conditions.
Market Dynamics
Drivers
Growing use of contactless biometric technology following the pandemic
Consistently growing adoption of smartphones and tablets is driving the utilization of facial recognition systems.
Rising demand for identity verification, payments, transactions, and access control solutions.
The rapid growth in smartphone and tablet usage, coupled with the integration of facial recognition software programs, is expected to drive demand for contactless biometric technology, offering secure app access and payment authentication. This trend is expected to create numerous opportunities for a market boom in the coming years. Airlines and airports globally have adopted contactless biometrics, permitting travelers to use facial recognition for seamless check-ins and secure passage through various touchpoints. This technology allows passengers to check luggage, secure protection, and board flights with a quick and accurate face test. At time of COVID-19 pandemic substantially increased the use of contactless biometric technologies, boosting their demand among government businesses for the safety of the public and surveillance. However, hygiene concerns and the risk of virus transmission have shifted the focus in the direction of contactless technologies. Contactless fingerprint reputation and voice, facial, and vein pattern popularity technology are becoming more prevalent. Banks and card issuers are exploring fingerprint reputation for contactless payment as an alternative to PINs.
On December 13, 2023, Delta introduced the growth of its digital ID software into Los Angeles (LAX), LaGuardia (LGA), and John F. Kennedy International (JFK) airports, with JFK launching. The program makes use of biometric face matching to eliminate manual ID tests at checkpoints. Eligible customers with TSA PreCheck, SkyMiles Club, and the Fly Delta app can choose-in. Delta does not save biometric records, and customers can opt out anytime. The application, powered by Pangiam, reduces bag drop time to 30 seconds and is already popular in Atlanta and Detroit airports.
Restrain
The biometric data use raises concerns related to privacy and security. Individuals may be hesitant to share their biometric data due to the potential for misuse.
A lack of standardization between different contactless biometric systems can hinder their adoption. Users may require multiple devices or systems to access different services.
Setting up contactless biometric systems can be expensive.
Cost is a crucial factor in the selection and deployment of contactless biometric systems. Contactless fingerprint scanners utilize sensors to scan and generate images of fingerprint patterns, and their cost varies based on the type of sensor used. Iris and retina scanners are generally more expensive than other biometric systems. The high cost required for components and installation limits the demand for contactless technology among private and public firms. Adoption rates rise and implementation becomes more widespread, the cost of these systems is expected to decrease.
Privacy concerns have increased in various Western democracies due to the use of facial recognition technology. In the UK, police have faced legal disputes over the implementation of facial recognition technologies, which are argued to violate privacy rights. The contention is that while biometric data is government-owned, data collected via facial recognition is not, rendering its collection illegal. This situation prompted the UK's data protection watchdog to advise the police to suspend the use of live facial recognition in public spaces until new legal guidelines are established.
By Component
The software segment led the market in 2023, held over 43% of the share, and is projected to maintain its dominance. The growing use of cloud-based services, Artificial Intelligence (AI), and Machine Learning (ML) for contactless biometric solutions is fueling the need for software to improve device compatibility in different applications. The growing need for fast and secure access controls, seamless border crossings, and quick identification of individuals is boosting market demand. Manufacturers are developing advanced sensor systems using fast software algorithms and machine learning for efficient identity checks. Software updates enable users to integrate the latest features. E-commerce companies like Amazon are also contributing with products such as Amazon Rekognition, an image recognition software for Prime Photos users, which detects faces, objects, and scenes to organize photos. On August 31, 2022, Taiwan-based security company Aratek launched TruFace, a multimodal biometric technology for access control applications supporting RFID cards and recognizing faces and fingers. TruFace enhances facility security and employee productivity as an access control and attendance management system. Multimodal biometrics offer sanitary authentication solutions for shared devices, potentially promoting personal devices with factory-installed identification features like facial or iris detection or adding fingerprint scanners to keys or key fobs.
By Software
In 2023, the market was led by the face biometrics technology segment, which held a revenue share of more than 26%. Facial recognition technology is commonly employed for security and access management in various sectors, such as airports, government buildings, and private organizations, to verify identities and monitor activities. Meanwhile, the iris recognition sector is anticipated to experience significant expansion in the coming years because of its precision, quickness, and user-friendliness, particularly in preventing payroll fraud such as buddy punching. The COVID-19 crisis has highlighted the importance of reducing physical contact on shared surfaces, leading to an increased interest in iris recognition technologies for national and civil identification projects, access management, and time attendance systems. Additionally, the adoption of iris technology with the aid of national and local agencies for border security is contributing to the growth of the market. For example, In the U.S. the El Paso Police Department Has applied a biometrics gadget that combines iris scanning, facial popularity, and fingerprint identity to enhance border security. Moreover, the market growth is being increased by the state and local agencies' implementation of iris technology for border scurity. One instance is the utilization of a biometrics system by the El Paso Police Department in the United States, which integrates iris scanning, facial recognition, and fingerprint identification for improved border security.
By End-use
The government sector was the leading contactless biometrics market In 2023, holding a revenue share of over 24%. This section consists of the usage of contactless biometric systems by using authority groups to enhance protection, streamline strategies, and improve efficiency. Technologies like facial recognition and iris scanning are employed at border control and immigration checkpoints to affirm vacationers' identities and hit upon fraudulent documents. The healthcare segment is likewise predicted to experience significant growth because of rapid improvements in AI-powered face and iris identity structures, which enable hospitals to track patients without physical devices. Emotion detection in Real-time an emerging software in healthcare, uses facial recognition to monitor patients' feelings, helping to identify those in ache and need of attention.
Retail and e-commerce sectors are expected to experience the highest rate of growth during the period. These industries are adopting facial recognition and contactless biometric payments for easy and stable transactions. Retailers, which include Walmart, use facial recognition to perceive and notify security of acknowledged shoplifters, helping to prevent organized retail crimes. This technology instantly alerts security when a documented retail criminal enters a store, showcasing how advanced contactless biometrics have become in reducing losses in retail.
North America dominated the contactless biometrics market and held 33% of revenue in 2023. This dominance is attributed to the growing demand for secure transaction solutions from payment providers is further propelling market growth, and the presence of key technology providers such as HID Global, M2SYS Technology, and others in this region. For example, SnapPay, Inc. Rising issues related to security due to terrorist activities and illegal immigration have resulted in to increase in the demand for contactless biometrics to make certain high-level security. Additionally, the U.S. Federal Trade Commission has identified identity theft issue as a driver for adopting advanced authentication techniques. Various government regulations and standards for the safety and security of personal data, as well as the regulation of biometric data collection and use, have promoted the adoption of biometric technologies for authentication and verification.
The adoption of contactless biometrics in defense and government applications is expected to further drive market demand. Government initiatives to enhance security and manage increasing traveler numbers at airport facilities are also contributing to regional growth. For example, the Canadian Border Services Agency has hooked up kiosks utilizing facial recognition and fingerprint biometrics at airports to streamline clearance procedures for tourists.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
The major players are HID Global, Touchless Biometric Systems, Fingerprint Cards AB, M2SYS Technology, Fujitsu, IDEMIA, NEC Corporation, Aware, nVIAsoft, Thales, Neurotechnology, Veridium, BioConnect, DERMALOG Identification Systems, Cognitec Systems, SecuGen, Shufti Pro, NVISO, Noldus, Innovatrics, Blue Biometrics, Fidentity, Daon, and others in final report.
Infineon, a German company, and Fingerprints, a Swedish company, worked together on 25 November 2022 to create a connection comprehensive solution for biometric payment cards. This cooperation seeks to streamline the production of biometric smart cards using the SECORA Pay Bio turnkey solution as a whole. The upcoming SLC39B Secure Element from Infineon and the FPC1323 sensor from Fingerprints are combined in this system. Additionally, it has bio-applets for Visa and Mastercard, which were part of an earlier operating system called Java Card.
In January 2022, IDEMIA introduced two new touchless fingerprint devices called MorphoWave XP and MorphoWave SP. Both new releases feature software integrations with access control platforms and physical integrations with top gates/turnstiles manufacturers.
| Report Attributes | Details |
| Market Size in 2023 | US$ 20.02 Billion |
| Market Size by 2032 | US$ 81.61 Billion |
| CAGR | CAGR of 16.9% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By component (Software, Hardware, Services) • By Services (Professional Services, Managed Services) • By Application (Access Control, Onboarding & KYC, Criminal Identification & Forensics, Other Applications) • By Software (Contactless Fingerprint Recognition, Face Recognition, Iris Recognition, Palm Vein Recognition, Voice Recognition, Contactless Biometric Cards) • By Verticals (Government, Banking & Finance, Consumer Electronics, Healthcare, Transport & Logistics, Defense & Security, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | HID Global, Touchless Biometric Systems, Fingerprint Cards AB, M2SYS Technology, Fujitsu, IDEMIA, NEC Corporation, Aware, nVIAsoft, Thales, Neurotechnology, Veridium, BioConnect, DERMALOG Identification Systems, Cognitec Systems, SecuGen, Shufti Pro, NVISO, Noldus, Innovatrics, Blue Biometrics, Fidentity, Daon |
| Key Drivers | • Rising demand for identity verification, payments, and transactions, and access control solutions. • After the Pandemic, contactless biometric technology has become more prevalent. |
| Market Restraints | • The high cost associated with deployment is a significant concern that needs to be addressed. |
Ans. The market size of Contactless Biometrics Market size was valued at USD 20.02 in 2023.
Ans: The government end-use segment dominated the Contactless Biometrics Market.
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The major players are HID Global, Touchless Biometric Systems, Fingerprint Cards AB, M2SYS Technology, Fujitsu, IDEMIA, NEC Corporation, Aware, nVIAsoft, Thales, Neurotechnology, Cognitec Systems, SecuGen, Shufti Pro, NVISO, Noldus, Innovatrics, Blue Biometrics, Fidentity, Daon, and others in final report.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Porter’s 5 Forces Model
6. Pest Analysis
7. Contactless Biometrics Market Segmentation, By Component
7.1 Introduction
7.2 Hardware
7.3 Software
7.4 Service
8. Contactless Biometrics Market Segmentation, By Services
8.1 Introduction
8.2 Professional Services
8.3 Managed Services
9. Contactless Biometrics Market Segmentation, By Application
9.1 Introduction
9.2 Access Control
9.3 Onboarding & KYC
9.4 Criminal Identification & Forensics
9.5 Other Applications
10. Contactless Biometrics Market Segmentation, By Software
10.1 Introduction
10.2 Contactless Fingerprint Recognition
10.3 Face Recognition
10.4 Iris Recognition
10.5 Palm Vein Recognition
10.6 Voice Recognition
10.7 Contactless Biometric Cards
11. Contactless Biometrics Market Segmentation, By End-use
11.1 Introduction
11.2 Government
11.3 Banking & Finance
11.4 Consumer Electronics
11.5 Healthcare
11.6 Transport & Logistics
11.7 Defense & Security
11.8 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Contactless Biometrics Market By Country
12.2.3 North America Contactless Biometrics Market By Component
12.2.4 North America Contactless Biometrics Market By Services
12.2.5 North America Contactless Biometrics Market By Application
12.2.6 North America Contactless Biometrics Market, By Software
12.2.7 North America Contactless Biometrics Market, By End-use
12.2.8 USA
12.2.8.1 USA Contactless Biometrics Market By Component
12.2.8.2 USA Contactless Biometrics Market By Services
12.2.8.3 USA Contactless Biometrics Market By Application
12.2.8.4 USA Contactless Biometrics Market, By Software
12.2.8.5 USA Contactless Biometrics Market, By End-use
12.2.9 Canada
12.2.9.1 Canada Contactless Biometrics Market By Component
12.2.9.2 Canada Contactless Biometrics Market By Services
12.2.9.3 Canada Contactless Biometrics Market By Application
12.2.9.4 Canada Contactless Biometrics Market, By Software
12.2.9.5 Canada Contactless Biometrics Market, By End-use
12.2.10 Mexico
12.2.10.1 Mexico Contactless Biometrics Market By Component
12.2.10.2 Mexico Contactless Biometrics Market By Services
12.2.10.3 Mexico Contactless Biometrics Market By Application
12.2.10.4 Mexico Contactless Biometrics Market, By Software
12.2.10.5 Mexico Contactless Biometrics Market, By End-use
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Contactless Biometrics Market By Country
12.3.2.2 Eastern Europe Contactless Biometrics Market By Component
12.3.2.3 Eastern Europe Contactless Biometrics Market By Services
12.3.2.4 Eastern Europe Contactless Biometrics Market By Application
12.3.2.5 Eastern Europe Contactless Biometrics Market By Software
12.3.2.6 Eastern Europe Contactless Biometrics Market, By End-use
12.3.2.7 Poland
12.3.2.7.1 Poland Contactless Biometrics Market By Component
12.3.2.7.2 Poland Contactless Biometrics Market By Services
12.3.2.7.3 Poland Contactless Biometrics Market By Application
12.3.2.7.4 Poland Contactless Biometrics Market By Software
12.3.2.7.5 Poland Contactless Biometrics Market, By End-use
12.3.2.8 Romania
12.3.2.8.1 Romania Contactless Biometrics Market By Component
12.3.2.8.2 Romania Contactless Biometrics Market By Services
12.3.2.8.3 Romania Contactless Biometrics Market By Application
12.3.2.8.4 Romania Contactless Biometrics Market By Software
12.3.2.8.5 Romania Contactless Biometrics Market, By End-use
12.3.2.9 Hungary
12.3.2.9.1 Hungary Contactless Biometrics Market By Component
12.3.2.9.2 Hungary Contactless Biometrics Market By Services
12.3.2.9.3 Hungary Contactless Biometrics Market By Application
12.3.2.9.4 Hungary Contactless Biometrics Market By Software
12.3.2.9.5 Hungary Contactless Biometrics Market, By End-use
12.3.2.10 Turkey
12.3.2.10.1 Turkey Contactless Biometrics Market By Component
12.3.2.10.2 Turkey Contactless Biometrics Market By Services
12.3.2.10.3 Turkey Contactless Biometrics Market By Application
12.3.2.10.4 Turkey Contactless Biometrics Market By Software
12.3.2.10.5 Turkey Contactless Biometrics Market, By End-use
12.3.2.11 Rest of Eastern Europe
12.3.2.11.1 Rest of Eastern Europe Contactless Biometrics Market By Component
12.3.2.11.2 Rest of Eastern Europe Contactless Biometrics Market By Services
12.3.2.11.3 Rest of Eastern Europe Contactless Biometrics Market By Application
12.3.2.11.4 Rest of Eastern Europe Contactless Biometrics Market By Software
12.3.2.11.5 Rest of Eastern Europe Contactless Biometrics Market, By End-use
12.3.3 Western Europe
12.3.3.1 Western Europe Contactless Biometrics Market By Country
12.3.3.2 Western Europe Contactless Biometrics Market By Component
12.3.3.3 Western Europe Contactless Biometrics Market By Services
12.3.3.4 Western Europe Contactless Biometrics Market By Application
12.3.3.5 Western Europe Contactless Biometrics Market By Software
12.3.3.6 Western Europe Contactless Biometrics Market, By End-use
12.3.3.7 Germany
12.3.3.7.1 Germany Contactless Biometrics Market By Component
12.3.3.7.2 Germany Contactless Biometrics Market By Services
12.3.3.7.3 Germany Contactless Biometrics Market By Application
12.3.3.7.4 Germany Contactless Biometrics Market By Software
12.3.3.7.5 Germany Contactless Biometrics Market, By End-use
12.3.3.8 France
12.3.3.8.1 France Contactless Biometrics Market By Component
12.3.3.8.2 France Contactless Biometrics Market By Services
12.3.3.8.3 France Contactless Biometrics Market By Application
12.3.3.8.4 France Contactless Biometrics Market By Software
12.3.3.8.5 France Contactless Biometrics Market, By End-use
12.3.3.9 UK
12.3.3.9.1 UK Contactless Biometrics Market By Component
12.3.3.9.2 UK Contactless Biometrics Market By Services
12.3.3.9.3 UK Contactless Biometrics Market By Application
12.3.3.9.4 UK Contactless Biometrics Market By Software
12.3.3.9.5 UK Contactless Biometrics Market, By End-use
12.3.3.10 Italy
12.3.3.10.1 Italy Contactless Biometrics Market By Component
12.3.3.10.2 Italy Contactless Biometrics Market By Services
12.3.3.10.3 Italy Contactless Biometrics Market By Application
12.3.3.10.4 Italy Contactless Biometrics Market By Software
12.3.3.10.5 Italy Contactless Biometrics Market, By End-use
12.3.3.11 Spain
12.3.3.11.1 Spain Contactless Biometrics Market By Component
12.3.3.11.2 Spain Contactless Biometrics Market By Services
12.3.3.11.3 Spain Contactless Biometrics Market By Application
12.3.3.11.4 Spain Contactless Biometrics Market By Software
12.3.3.11.5 Spain Contactless Biometrics Market, By End-use
12.3.3.12 Netherlands
12.3.3.12.1 Netherlands Contactless Biometrics Market By Component
12.3.3.12.2 Netherlands Contactless Biometrics Market By Services
12.3.3.12.3 Netherlands Contactless Biometrics Market By Application
12.3.3.12.4 Netherlands Contactless Biometrics Market By Software
12.3.3.12.5 Netherlands Contactless Biometrics Market, By End-use
12.3.3.13 Switzerland
12.3.3.13.1 Switzerland Contactless Biometrics Market By Component
12.3.3.13.2 Switzerland Contactless Biometrics Market By Services
12.3.3.13.3 Switzerland Contactless Biometrics Market By Application
12.3.3.13.4 Switzerland Contactless Biometrics Market By Software
12.3.3.13.5 Switzerland Contactless Biometrics Market, By End-use
12.3.3.14 Austria
12.3.3.14.1 Austria Contactless Biometrics Market By Component
12.3.3.14.2 Austria Contactless Biometrics Market By Services
12.3.3.14.3 Austria Contactless Biometrics Market By Application
12.3.3.14.4 Austria Contactless Biometrics Market By Software
12.3.3.14.5 Austria Contactless Biometrics Market, By End-use
12.3.3.15 Rest of Western Europe
12.3.3.15.1 Rest of Western Europe Contactless Biometrics Market By Component
12.3.3.15.2 Rest of Western Europe Contactless Biometrics Market By Services
12.3.3.15.3 Rest of Western Europe Contactless Biometrics Market By Application
12.3.3.15.4 Rest of Western Europe Contactless Biometrics Market By Software
12.3.3.15.5 Rest of Western Europe Contactless Biometrics Market, By End-use
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Contactless Biometrics Market By Country
12.4.3 Asia-Pacific Contactless Biometrics Market By Component
12.4.4 Asia-Pacific Contactless Biometrics Market By Services
12.4.5 Asia-Pacific Contactless Biometrics Market By Application
12.4.6 Asia-Pacific Contactless Biometrics Market By Software
12.4.7 Asia-Pacific Contactless Biometrics Market, By End-use
12.4.8 China
12.4.8.1 China Contactless Biometrics Market By Component
12.4.8.2 China Contactless Biometrics Market By Services
12.4.8.3 China Contactless Biometrics Market By Application
12.4.8.4 China Contactless Biometrics Market By Software
12.4.8.5 China Contactless Biometrics Market, By End-use
12.4.9 India
12.4.9.1 India Contactless Biometrics Market By Component
12.4.9.2 India Contactless Biometrics Market By Services
12.4.9.3 India Contactless Biometrics Market By Application
12.4.9.4 India Contactless Biometrics Market By Software
12.4.9.5 India Contactless Biometrics Market, By End-use
12.4.10 Japan
12.4.10.1 Japan Contactless Biometrics Market By Component
12.4.10.2 Japan Contactless Biometrics Market By Services
12.4.10.3 Japan Contactless Biometrics Market By Application
12.4.10.4 Japan Contactless Biometrics Market By Software
12.4.10.5 Japan Contactless Biometrics Market, By End-use
12.4.11 South Korea
12.4.11.1 South Korea Contactless Biometrics Market By Component
12.4.11.2 South Korea Contactless Biometrics Market By Services
12.4.11.3 South Korea Contactless Biometrics Market By Application
12.4.11.4 South Korea Contactless Biometrics Market By Software
12.4.11.5 South Korea Contactless Biometrics Market, By End-use
12.4.12 Vietnam
12.4.12.1 Vietnam Contactless Biometrics Market By Component
12.4.12.2 Vietnam Contactless Biometrics Market By Services
12.4.12.3 Vietnam Contactless Biometrics Market By Application
12.4.12.4 Vietnam Contactless Biometrics Market By Software
12.4.12.5 Vietnam Contactless Biometrics Market, By End-use
12.4.13 Singapore
12.4.13.1 Singapore Contactless Biometrics Market By Component
12.4.13.2 Singapore Contactless Biometrics Market By Services
12.4.13.3 Singapore Contactless Biometrics Market By Application
12.4.13.4 Singapore Contactless Biometrics Market By Software
12.4.13.5 Singapore Contactless Biometrics Market, By End-use
12.4.14 Australia
12.4.14.1 Australia Contactless Biometrics Market By Component
12.4.14.2 Australia Contactless Biometrics Market By Services
12.4.14.3 Australia Contactless Biometrics Market By Application
12.4.14.4 Australia Contactless Biometrics Market By Software
12.4.14.5 Australia Contactless Biometrics Market, By End-use
12.4.15 Rest of Asia-Pacific
12.4.15.1 Rest of Asia-Pacific Contactless Biometrics Market By Component
12.4.15.2 Rest of Asia-Pacific Contactless Biometrics Market By Services
12.4.15.3 Rest of Asia-Pacific Contactless Biometrics Market By Application
12.4.15.4 Rest of Asia-Pacific Contactless Biometrics Market By Software
12.4.15.5 Rest of Asia-Pacific Contactless Biometrics Market, By End-use
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Contactless Biometrics Market By Country
12.5.2.2 Middle East Contactless Biometrics Market By Component
12.5.2.3 Middle East Contactless Biometrics Market By Services
12.5.2.4 Middle East Contactless Biometrics Market By Application
12.5.2.5 Middle East Contactless Biometrics Market By Software
12.5.2.6 Middle East Contactless Biometrics Market, By End-use
12.5.2.7 UAE
12.5.2.7.1 UAE Contactless Biometrics Market By Component
12.5.2.7.2 UAE Contactless Biometrics Market By Services
12.5.2.7.3 UAE Contactless Biometrics Market By Application
12.5.2.7.4 UAE Contactless Biometrics Market By Software
12.5.2.7.5 UAE Contactless Biometrics Market, By End-use
12.5.2.8 Egypt
12.5.2.8.1 Egypt Contactless Biometrics Market By Component
12.5.2.8.2 Egypt Contactless Biometrics Market By Services
12.5.2.8.3 Egypt Contactless Biometrics Market By Application
12.5.2.8.4 Egypt Contactless Biometrics Market By Software
12.5.2.8.5 Egypt Contactless Biometrics Market, By End-use
12.5.2.9 Saudi Arabia
12.5.2.9.1 Saudi Arabia Contactless Biometrics Market By Component
12.5.2.9.2 Saudi Arabia Contactless Biometrics Market By Services
12.5.2.9.3 Saudi Arabia Contactless Biometrics Market By Application
12.5.2.9.4 Saudi Arabia Contactless Biometrics Market By Software
12.5.2.9.5 Saudi Arabia Contactless Biometrics Market, By End-use
12.5.2.10 Qatar
12.5.2.10.1 Qatar Contactless Biometrics Market By Component
12.5.2.10.2 Qatar Contactless Biometrics Market By Services
12.5.2.10.3 Qatar Contactless Biometrics Market By Application
12.5.2.10.4 Qatar Contactless Biometrics Market By Software
12.5.2.10.5 Qatar Contactless Biometrics Market, By End-use
12.5.2.11 Rest of Middle East
12.5.2.11.1 Rest of Middle East Contactless Biometrics Market By Component
12.5.2.11.2 Rest of Middle East Contactless Biometrics Market By Services
12.5.2.11.3 Rest of Middle East Contactless Biometrics Market By Application
12.5.2.11.4 Rest of Middle East Contactless Biometrics Market By Software
12.5.2.11.5 Rest of Middle East Contactless Biometrics Market, By End-use
12.5.3 Africa
12.5.3.1 Africa Contactless Biometrics Market By Country
12.5.3.2 Africa Contactless Biometrics Market By Component
12.5.3.3 Africa Contactless Biometrics Market By Services
12.5.3.4 Africa Contactless Biometrics Market By Application
12.5.3.5 Africa Contactless Biometrics Market By Software
12.5.3.6 Africa Contactless Biometrics Market, By End-use
12.5.3.7 Nigeria
12.5.3.7.1 Nigeria Contactless Biometrics Market By Component
12.5.3.7.2 Nigeria Contactless Biometrics Market By Services
12.5.3.7.3 Nigeria Contactless Biometrics Market By Application
12.5.3.7.4 Nigeria Contactless Biometrics Market By Software
12.5.3.7.5 Nigeria Contactless Biometrics Market, By End-use
12.5.3.8 South Africa
12.5.3.8.1 South Africa Contactless Biometrics Market By Component
12.5.3.8.2 South Africa Contactless Biometrics Market By Services
12.5.3.8.3 South Africa Contactless Biometrics Market By Application
12.5.3.8.4 South Africa Contactless Biometrics Market By Software
12.5.3.8.5 South Africa Contactless Biometrics Market, By End-use
12.5.3.9 Rest of Africa
12.5.3.9.1 Rest of Africa Contactless Biometrics Market By Component
12.5.3.9.2 Rest of Africa Contactless Biometrics Market By Services
12.5.3.9.3 Rest of Africa Contactless Biometrics Market By Application
12.5.3.9.4 Rest of Africa Contactless Biometrics Market By Software
12.5.3.9.5 Rest of Africa Contactless Biometrics Market, By End-use
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Contactless Biometrics Market By country
12.6.3 Latin America Contactless Biometrics Market By Component
12.6.4 Latin America Contactless Biometrics Market By Services
12.6.5 Latin America Contactless Biometrics Market By Application
12.6.6 Latin America Contactless Biometrics Market By Software
12.6.7 Latin America Contactless Biometrics Market, By End-use
12.6.8 Brazil
12.6.8.1 Brazil Contactless Biometrics Market By Component
12.6.8.2 Brazil Contactless Biometrics Market By Services
12.6.8.3 Brazil Contactless Biometrics Market By Application
12.6.8.4 Brazil Contactless Biometrics Market By Software
12.6.8.5 Brazil Contactless Biometrics Market, By End-use
12.6.9 Argentina
12.6.9.1 Argentina Contactless Biometrics Market By Component
12.6.9.2 Argentina Contactless Biometrics Market By Services
12.6.9.3 Argentina Contactless Biometrics Market By Application
12.6.9.4 Argentina Contactless Biometrics Market By Software
12.6.9.5 Argentina Contactless Biometrics Market, By End-use
12.6.10 Colombia
12.6.10.1 Colombia Contactless Biometrics Market By Component
12.6.10.2 Colombia Contactless Biometrics Market By Services
12.6.10.3 Colombia Contactless Biometrics Market By Application
12.6.10.4 Colombia Contactless Biometrics Market By Software
12.6.10.5 Colombia Contactless Biometrics Market, By End-use
12.6.11 Rest of Latin America
12.6.11.1 Rest of Latin America Contactless Biometrics Market By Component
12.6.11.2 Rest of Latin America Contactless Biometrics Market By Services
12.6.11.3 Rest of Latin America Contactless Biometrics Market By Application
12.6.11.4 Rest of Latin America Contactless Biometrics Market By Software
12.6.11.5 Rest of Latin America Contactless Biometrics Market, By End-use
13. Company Profiles
13.1 HID Global
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 The SNS View
13.2 Touchless Biometric Systems
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 The SNS View
13.3 Fingerprint Cards AB
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 The SNS View
13.4 M2SYS Technology
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 The SNS View
13.5 Fujitsu
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 The SNS View
13.6 IDEMIA
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 The SNS View
13.7 NEC Corporation
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 The SNS View
13.8 Aware, nVIAsoft
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 The SNS View
13.9 Thales
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 The SNS View
13.10 Neurotechnology
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Component
Hardware
Software
Service
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By Services
Professional Services
Managed Services
By Application
Access Control
Onboarding & KYC
Criminal Identification & Forensics
Other Applications
By Software
Contactless Fingerprint Recognition
Face Recognition
Iris Recognition
Palm Vein Recognition
Voice Recognition
Contactless Biometric Cards
By End-use
Government
Banking & Finance
Consumer Electronics
Healthcare
Transport & Logistics
Defense & Security
Others
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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