Global Contactless Biometrics Technology Market Size & Outlook
Global contactless biometrics technology market, 2017-2030 (US$M)
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Global contactless biometrics technology market highlights
- The global contactless biometrics technology market generated a revenue of USD 14,561.2 million in 2023 and is expected to reach USD 46,651.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 18.1% by 2030.
- In terms of segment, software accounted for a revenue of USD 6,488.5 million in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 14,561.2 million |
| Market revenue in 2030 | USD 46,651.6 million |
| Growth rate | 18.1% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Service |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 31.0% of the global contactless biometrics technology market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 1,830.0 million by 2030.
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Contactless Biometrics Technology Market Scope
Contactless Biometrics Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global contactless biometrics technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contactless biometrics technology market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 44.56% in 2023. Horizon Databook has segmented the Global contactless biometrics technology market based on hardware, software, service covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Contactless Biometrics Technology Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Service
- Managed Services
- Professional Services
- Global Contactless Biometrics Technology Application Outlook (Revenue, USD Million, 2017-2030)
- Face
- Fingerprint
- Hand Geometry
- Iris
- Voice
- Others
- Global Contactless Biometrics Technology End Use Outlook (Revenue, USD Million, 2017-2030)
- Government
- Banking & Finance
- Consumer Electronics
- Healthcare
- Transport & Logistics
- Defense & Security
- Others
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Our clientele includes a mix of contactless biometrics technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global contactless biometrics technology market , including forecasts for subscribers. This global databook contains high-level insights into Global contactless biometrics technology market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global contactless biometrics technology market size, by regions, 2017-2030 (US$M)
Top 10 countries: Contactless biometrics technology market size, 2023 (US$M)
Global contactless biometrics technology market share, by component, 2023 & 2030 (%, US$M)
Contactless biometrics technology market: Opportunity assessment by country
Global contactless biometrics technology market, by region, 2023 (US$M)
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