Contactless Biometrics Technology Market Size & Trends Analysis Report By Component (Hardware, Software, Service), By Application (Facial, Fingerprint), By End-use (Government, Banking & Finance, Consumer Electronics, Healthcare, Transport & Logistics, Defense & Security, Others), By Region, And Segment Forecasts, 2023 – 2030

Report Overview

The Contactless Biometrics Technology Market was valued at 15.98 billion in 2022 and expected to grow at CAGR of 20.45% over forecast period. The Contactless Biometrics Technology market is witnessing robust growth, primarily propelled by several key factors. Firstly, there is a heightened emphasis on security and identity verification across diverse sectors, including finance, healthcare, and government, which is driving the uptake of contactless biometrics as a more secure and user-friendly authentication method. This not only reduces instances of fraud but also enhances the overall user experience. Secondly, the global shift towards touchless interactions, accelerated by the COVID-19 pandemic, has created a surge in demand for contactless biometric solutions like facial recognition and iris scanning, as they minimize physical contact and mitigate the risk of disease transmission.

Government regulations and mandates concerning biometric authentication are further propelling market growth. Lastly, the proliferation of smart devices and the widespread adoption of IoT ecosystems are creating new avenues for contactless biometrics, as it seamlessly integrates into various aspects of daily life. These combined factors are contributing significantly to the growing prominence and adoption of contactless biometrics technology.

Application Outlook

Based on Application, the Contactless Biometrics Technology Market is segmented Facial, Fingerprint. Facial segment accounted for largest share in 2022. The growing demand for strong security solutions in industries such as finance, healthcare, and government is driving the adoption of software-based contactless biometrics, which provides enhanced authentication and fraud prevention capabilities. Second, the global shift toward touchless interactions as a result of the COVID-19 pandemic has increased demand for contactless biometric software, such as facial recognition and palm print recognition, because these solutions provide a sanitary and secure means of identity verification.

The increased emphasis on security and identity verification in various sectors such as finance, healthcare, and border control is driving the adoption of facial contactless biometrics as a highly accurate and convenient authentication method. Second, the global shift toward touchless interactions as a result of the COVID-19 pandemic has increased demand for facial recognition technology, which provides a hygienic and non-intrusive means of identity verification. Furthermore, advances in facial recognition algorithms, machine learning, and artificial intelligence are improving accuracy and real-time processing capabilities, making facial biometrics suitable for a wide range of applications, including access control, e-commerce, and digital onboarding. Furthermore, as organizations seek compliant and secure solutions, the regulatory landscape is evolving to accommodate facial biometrics, driving adoption.

Component Outlook

Based on Component, Contactless Biometrics Technology Market is segmented into Hardware, Software, Service. The increasing need for robust security solutions in various industries, including finance, healthcare, and government, is fueling the adoption of software-based contactless biometrics, which offers enhanced authentication and fraud prevention capabilities. Secondly, the global shift towards touchless interactions due to the COVID-19 pandemic has accelerated the demand for contactless biometric software, such as facial recognition and palm print recognition, as these solutions provide a hygienic and secure means of identity verification.

The growing demand for improved security measures in industries such as finance, healthcare, and government is driving the adoption of hardware-based contactless biometrics, which provide robust and reliable identity verification solutions, effectively combating fraud and improving overall security. Second, the global shift toward touchless interactions, accelerated by the COVID-19 pandemic, is increasing the demand for hardware-based contactless biometric devices such as facial recognition cameras and fingerprint scanners, which provide secure, hands-free authentication while reducing the risk of disease transmission.

End-use Outlook

Based on End-use, Contactless Biometrics Technology Market is segmented into Government, Banking & Finance, Consumer Electronics, Healthcare, Transport & Logistics, Defense & Security, Others. Government accounted for largest share in 2022. Governments around the world are increasing their investments in advanced biometric technologies to improve national security, border control, and law enforcement. The need for more robust identity verification, efficient document authentication, and enhanced surveillance capabilities is driving this demand. Second, the COVID-19 pandemic has accelerated the adoption of contactless biometrics in government applications such as airport security and immigration, as these technologies provide safer and more sanitary methods of identity verification.

The growing demand for accurate patient identification and the security of sensitive medical data is driving the adoption of contactless biometrics in healthcare settings, ensuring secure access to electronic health records and improving patient safety. Second, the COVID-19 pandemic has heightened demand for touchless interactions in healthcare facilities, with contactless biometric solutions providing hygienic patient check-in, medication dispensing, and access control while reducing the risk of cross-contamination.

Contactless Biometrics Technology Market 

Global Contactless Biometrics Technology Market, Report Segmentation

Contactless Biometrics Technology Market, By Material

• Plastic
• Paper
• Metal
• Bioplastics

Contactless Biometrics Technology Market, By Product

• Pouches
• Bags
• Films & Wraps
• Others

Contactless Biometrics Technology Market, By Application

• Food & Beverage
• Pharmaceutical
• Cosmetics
• Others

Contactless Biometrics Technology Market, Regional Outlook

North America

• U.S.
• Canada
• Mexico

Europe

• Germany
• UK
• Spain
• Russia
• France
• Italy

Asia Pacific

• China
• Japan
• India
• South Korea
• Australia

CSA

• Brazil
• Argentina

MEA

• UAE
• Saudi Arabia
• South Africa