Global Contactless Biometrics Technology Market to reach USD 30.3 billion by 2027

Global Contactless Biometrics Technology Market Size study, by Component (Hardware, Software, Services), by Application (Face, Hand Geometry, Voice, Iris, Fingerprint, Others), by End-Use Industry (Government, Banking & Finance, Consumer Electronics, Healthcare, Transport & logistics, Defense & Security, Others) and Regional Forecasts 2020-2027
Product Code:  IACTNS_75027142
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Contactless Biometrics Technology Market, by Region, 2018-2027 (USD Billion)
1.2.2.	Contactless Biometrics Technology Market, by Component, 2018-2027 (USD Billion)
1.2.3.	Contactless Biometrics Technology Market, by Application, 2018-2027 (USD Billion)
1.2.4.	Contactless Biometrics Technology Market, by End-Use Industry, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Contactless Biometrics Technology Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Contactless Biometrics Technology Market Dynamics	
3.1.	Contactless Biometrics Technology Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Contactless Biometrics Technology Market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Contactless Biometrics Technology Market, by Component 
5.1.	Market Snapshot 
5.2.	Global Contactless Biometrics Technology Market by Component, Performance - Potential Analysis
5.3.	Global Contactless Biometrics Technology Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
5.4.	Contactless Biometrics Technology Market, Sub Segment Analysis
5.4.1.	Hardware
5.4.2.	Software
5.4.3.	Services
Chapter 6.	Global Contactless Biometrics Technology Market, by Application          
6.1.	Market Snapshot 
6.2.	Global Contactless Biometrics Technology Market by Application, Performance - Potential Analysis
6.3.	Global Contactless Biometrics Technology Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4.	Contactless Biometrics Technology Market, Sub Segment Analysis
6.4.1.	Face
6.4.2.	Hand Geometry
6.4.3.	Voice
6.4.4.	Iris
6.4.5.	Fingerprint
6.4.6.	Others
Chapter 7.	Global Contactless Biometrics Technology Market, by End-Use Industry
7.1.	Market Snapshot 
7.2.	Global Contactless Biometrics Technology Market by End-Use Industry - Potential Analysis
7.3.	Global Contactless Biometrics Technology Market Estimates & Forecasts by End-Use Industry 2017-2027 (USD Billion)
7.4.	Contactless Biometrics Technology Market, Sub Segment Analysis
7.4.1.	Government
7.4.2.	Banking & Finance
7.4.3.	Consumer Electronics
7.4.4.	Healthcare
7.4.5.	Transport & logistics
7.4.6.	Defense & Security
7.4.7.	Others
Chapter 8.	Global Contactless Biometrics Technology Market, Regional Analysis
8.1.	Contactless Biometrics Technology Market, Regional Market Snapshot 
8.2.	North America Contactless Biometrics Technology Market 
8.2.1.	U.S. Contactless Biometrics Technology Market
8.2.1.1.	Component breakdown estimates & forecasts, 2017-2027
8.2.1.2.	Application breakdown estimates & forecasts, 2017-2027
8.2.1.3.	End-Use Industry breakdown estimates & forecasts, 2017-2027
8.2.2.	Canada Contactless Biometrics Technology Market
8.3.	Europe Contactless Biometrics Technology Market Snapshot
8.3.1.	U.K. Contactless Biometrics Technology Market 
8.3.2.	Germany Contactless Biometrics Technology Market
8.3.3.	France Contactless Biometrics Technology Market
8.3.4.	Spain Contactless Biometrics Technology Market
8.3.5.	Italy Contactless Biometrics Technology Market
8.3.6.	Rest of Europe Contactless Biometrics Technology Market
8.4.	Asia-Pacific Contactless Biometrics Technology Market Snapshot
8.4.1.	China Contactless Biometrics Technology Market 
8.4.2.	India Contactless Biometrics Technology Market 
8.4.3.	Japan Contactless Biometrics Technology Market
8.4.4.	Australia Contactless Biometrics Technology Market
8.4.5.	South Korea Contactless Biometrics Technology Market
8.4.6.	Rest of Asia Pacific Contactless Biometrics Technology Market
8.5.	Latin America Contactless Biometrics Technology Market Snapshot
8.5.1.	Brazil Contactless Biometrics Technology Market
8.5.2.	Mexico Contactless Biometrics Technology Market
8.6.	Rest of The World Contactless Biometrics Technology Market
Chapter 9.	Competitive Intelligence
9.1.	Top Market Strategies
9.2.	Company Profiles
9.2.1.	Aware Inc.
9.2.1.1.	Key Information
9.2.1.2.	Overview
9.2.1.3.	Financial (Subject to Data Availability)
9.2.1.4.	Product Summary
9.2.1.5.	Recent Developments
9.2.2.	Fingerprint Cards AB
9.2.3.	Fujitsu Limited
9.2.4.	Gemalto N.V.
9.2.5.	HID Global
9.2.6.	IDEMIA
9.2.7.	M2SYS Technology
9.2.8.	NEC Corporation
9.2.9.	nViaSoft
9.2.10.	Touchless Biometric Systems AG
Chapter 10.	Research Process
10.1.	Research Process
10.1.1.	Data Mining
10.1.2.	Analysis
10.1.3.	Market Estimation
10.1.4.	Validation
10.1.5.	Publishing
10.2.	Research Attributes
10.3.	Research Assumption

Global Contactless Biometrics Technology Market is valued approximately at USD 6.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 20.3% over the forecast period 2020-2027. Biometrics is defined as a process through which a person’s exclusive traits are recorded and recognized by means of an electrical device. Whereas contactless biometric technology usually offers the use of touchless authentication technology, which offers a safer mode reliant on convenience and hygiene. Contactless biometrics technology is an exceptionally accurate and consistent system for the detection of personal biometrics (such as contactless methods) and is applied for the registration, turnout, and administration of personnel. Contactless biometrics further offer secure access to applications and authenticates payments. Furthermore, the rise in demand for smartphones, along with the rising utilization of Automatic Identification and Data Capture (AIDC) technology in the e-commerce and retail industry are the few factors responsible for the CAGR of the market during the forecast period. According to Statista, about 1.6 billion units of smartphone were shipped around the world in 2016, demonstrating an increase from 1.3 billion smartphones shipments since 2014. Also, as per the International Data Corporation (IDC), the smartphone sellers distributed a total of 369.8 million units across the globe in the fourth quarter of 2019. Thus, the steady growth in demand for smartphones is contributing to higher demand for contactless biometric technology, thereby, making a significant impact on the market growth all over the world. However, data security & privacy concern is one of the major factors limiting the market growth over the forecast period of 2020-2027.

The regional analysis of the global Contactless Biometrics Technology market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising adoption of contactless biometric solutions in government & defense applications, along with the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in production of smartphones along with the increasing digitalization in the industrial sector across developing countries, such as China and India, would create lucrative growth prospects for the Contactless Biometrics Technology market across the Asia-Pacific region.

Major market player included in this report are:
Aware Inc.
Fingerprint Cards AB
Fujitsu Limited
Gemalto N.V.
HID Global
IDEMIA
M2SYS Technology
NEC Corporation
nViaSoft
Touchless Biometric Systems AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Hardware
Software
Services

By Application:
Face
Hand Geometry
Voice
Iris
Fingerprint
Others

By End-Use Industry:
Government
Banking & Finance
Consumer Electronics
Healthcare
Transport & logistics
Defense & Security
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Contactless Biometrics Technology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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