Asia Pacific Contactless Biometrics Technology Market Size & Outlook
Asia Pacific contactless biometrics technology market, 2017-2030 (US$M)
Related Markets
Asia Pacific contactless biometrics technology market highlights
- The Asia Pacific contactless biometrics technology market generated a revenue of USD 3,717.4 million in 2023.
- The market is expected to grow at a CAGR of 17.3% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,717.4 million |
| Market revenue in 2030 | USD 11,355.3 million |
| Growth rate | 17.3% (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 |
| Key market players worldwide | Aware Inc, Fingerprint Cards AB Class B, Fujitsu Ltd, NEC Corp, Thales, Assa Abloy AB Class B, M2SYS Technology, nVIAsoft |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.5% of the global contactless biometrics technology market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 16,474.0 million by 2030.
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Contactless Biometrics Technology Market Scope
Contactless Biometrics Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 44.35% in 2023. Horizon Databook has segmented the Asia Pacific contactless biometrics technology market based on hardware, software, service covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Asia Pacific contactless biometrics technology market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific contactless biometrics technology market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific contactless biometrics technology market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific contactless biometrics technology market size, by country, 2017-2030 (US$M)
Asia Pacific Contactless Biometrics Technology Market Outlook Share, 2023 & 2030 (US$M)
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