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Contactless Biometrics Technology Market Share

Report ID: GMI9858
Published Date: Jun 2024
Report Format: PDF

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Contactless Biometrics Technology Market Share

IDEMIA and HID Global Corporation hold a market share of over 3% in the contactless biometrics technology industry. Leading the way in identification solutions and biometrics technology globally, IDEMIA is well-known for its cutting-edge contactless biometric solutions that improve security and user ease. The company offers a wide range of fingerprint scanning, iris recognition, and facial recognition biometric identification and authentication solutions. It caters to the government, banking, and transportation sectors, offering reliable and fast identification verification. IDEMIA prioritizes R&D, consistently improving its biometric algorithms and sensor technology to produce contactless biometric solutions that are accurate and dependable.

HID Global Corporation is a well-known company in the contactless biometrics technology sector, providing a wide range of biometric identification and authentication options. It caters to access control, identity verification, and secure transaction applications. The company specializes in fingerprint, facial, and iris recognition technology. Its products are widely utilized in sectors where strong security measures are crucial such as healthcare, finance, and government.

HID Global is renowned for its creative methodology, fusing cutting-edge biometric technologies with well-established identity management and security solutions. To fulfill the changing needs of its global clientele, HID Global provides scalable and efficient contactless biometric solutions that prioritize user convenience while adhering to strict security standards.

Contactless Biometrics Technology Market Companies

Major players operating in the contactless biometrics technology industry are:

HID Global Corporation
IDEMIA
Aware Inc.
Fingerprint Cards AB
Fujitsu Limited
M2SYS Technology
NEC Corporation

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of contactless biometrics technology reached USD 20.4 billion in 2023 and is set to witness over 20% CAGR from 2024 to 2032, owing to the growing need for safe authentication techniques worldwide.

Contactless biometrics technology industry from the software segment is expected to register over 20% CAGR from 2024 to 2032, due to offering a variety of applications and solutions to make contactless biometric system development, implementation, and maintenance easier.

North America market held over 35% share in 2023, attributed to the favorable environment for the adoption of contactless biometric solutions in the region.

HID Global Corporation, IDEMIA, Aware Inc., Fingerprint Cards AB, Fujitsu Limited, M2SYS Technology, and NEC Corporation, are some of the major contactless biometrics technology companies worldwide.