Global Contactless Biometrics Technology Market size was valued at USD 15.5 Billion in 2024 and is expected to reach USD 47.6 Billion by 2033, at a CAGR of 17.7% during the forecast period 2024 – 2033.
Contactless Biometrics Technology Market: Overview
Contactless biometrics technology refers to the use of biometric authentication methods that do not require physical contact between the user and the biometric sensor or device.
One prevailing global trend in contactless biometrics technology is the rapid integration of artificial intelligence (AI) and machine learning algorithms. These advancements enable more accurate and efficient biometric identification systems by continuously learning and adapting to users’ characteristics and behaviors.
Another trend is the increasing emphasis on multimodal biometrics, which combines multiple biometric modalities such as fingerprint, face, iris, voice, and behavioral biometrics for enhanced security and user convenience.
Additionally, there’s a growing focus on privacy and data protection, leading to the development of secure and privacy-preserving biometric techniques such as homomorphic encryption and federated learning.
Furthermore, the COVID-19 pandemic has accelerated the adoption of touchless biometric solutions, driving innovations in contactless modalities like facial recognition and iris recognition to minimize physical contact and enhance hygiene in various applications.
Overall, these trends are shaping the evolution of contactless biometrics technology towards greater accuracy, security, privacy, and usability.
By component, the software segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. In the software industry, there’s a notable trend towards cloud-native architectures, emphasizing scalability, flexibility, and efficiency, enabling rapid deployment, seamless updates, and improved collaboration across distributed teams.
By application, the face segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The trend in face recognition is shifting towards improved accuracy, increased adoption in various sectors such as security and retail, enhanced privacy protection, and integration with emerging technologies like AI.
By end user, the banking & finance segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. In banking and finance, the key trend is the rapid adoption of contactless payment methods and biometric authentication, enhancing security, convenience, and customer experience in digital transactions.
In the Asia-Pacific region, the trend in contactless biometrics technology is characterized by rapid adoption driven by government initiatives, technological innovation, and smartphone proliferation.
NEC Corporation, is a major Japanese multinational corporation, and producer of telecommunications equipment and related software and services.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 15.5 Billion |
| Projected Market Size in 2033 | USD 47.6 Billion |
| Market Size in 2023 | USD 14.1 Billion |
| CAGR Growth Rate | 17.7% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Component, Application, End User and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
CMI has comprehensively analyzed the Global Contactless Biometrics Technology market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Contactless Biometrics Technology industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Contactless Biometrics Technology Market:
- NEC Corporation
- Gemalto
- IDEMIA
- Fingerprint Cards AB
- Aware Inc.
- Crossmatch
- BIO-key International Inc.
- Cognitec Systems GmbH
- Daon
- FaceFirst Inc.
- Fujitsu Limited
- HID Global Corporation
- IDEX Biometrics ASA
- ImageWare Systems Inc.
- M2SYS Technology
- Precise Biometrics AB
- SecuGen Corporation
- Synaptics Incorporated
- Thales Group
- ZKTeco Inc.
- Others
The Contactless Biometrics Technology Market is segmented as follows:
By Component
- Hardware
- Software
- Service
- Multimodal Biometrics Solution
By Application
- Contactless Fingerprint Recognition
- Face Recognition
- Iris Recognition
- Palm Vein Recognition
- Voice Recognition
- Contactless Biometric Cards
By End User
- BFSI
- Government & Law Enforcement
- Healthcare
- Retail & eCommerce
- Travel & Tourism
- Other Verticals
Based on Services
- Professional Services
- Managed Services
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America