How Big Is The Contactless Biometrics Market And What Is Its Projected Growth Rate?
The global contactless biometrics market size has grown rapidly in recent years. The market value soared from $22.37 billion in 2024 to an estimated $25.84 billion in 2025, marking a compound annual growth rate (CAGR) of 15.5%. This growth in the market size can be attributed to several factors such as increasing concern for hygiene and infection control, growing demand for secure and fast access controls, enhanced user experience in biometric authentication and the rising demand for contactless technologies across various industries. It is expected that the market will expand even further, reaching a staggering $51.15 billion in 2029 at a CAGR of 18.6%. The growth in the forecast period can be attributed to the expanding use of contactless biometrics in healthcare and smart city initiatives, rising demand in financial transactions, rigorous data protection and privacy regulation requirements and increasing adoption of contactless biometrics in access control systems.
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What Are The Key Growth Drivers Behind The Contactless Biometrics Market?
The surge in contactless payment systems is one of the primary drivers propelling the growth of the contactless biometric market. Consumers are increasingly opting for contactless payments methods which use security tokens brought close to the point of sale (PoS) scanners for payment authorization. This growing trend is illustrated in the rising use of Google Pay in the US, where the number of users skyrocketed to around 25 million in 2021 according to the Consumer Financial Protection Bureau. In 2022, approximately $65.2 billion were spent via Google Pay at retailers, significantly up from $24.8 billion in 2021. This increase in contactless payments is anticipated to spur a parallel surge in the demand for contactless biometrics.
What Are The Key Segments Within The Global Contactless Biometrics Market?
1) By Component: Hardware, Software, Services
2) By Technology: Contactless Fingerprint Technology, Facial Recognition, Iris Recognition, Palm Vein Recognition, Voice Recognition, Contactless Cards
3) By Application: Face, Fingerprint, Hand Geometry, Iris, Voice, Other Applications
4) By End User: Government, BFSI, Consumer electronics, Healthcare, Transport and logistics, Defense and Security, Other End Users
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Who Are Some Top Companies Shaping The Contactless Biometrics Market?
Some of the leading companies transforming the contactless biometrics market include Touchless Biometric Systems AG, IDEMIA SAS, Fujitsu Limited, NEC Corporation, Fingerprint Cards AB, Megvii, Suprema Inc. Thales Group, Crossmatch Solutions Inc., Synaptics Incorporated, Aware Inc., HID Global Corporation, BIO-key International Inc., FaceTec Inc., IDEX Biometrics ASA, Precise Biometrics AB, M2SYS Technology, Innovatrics s. r. o., Egis Technology Inc., Shenzhen Goodix Technology Co. Ltd., ZKTeco Inc., NEXT Biometrics Group ASA, Veridium Ltd., Neurotechnology UAB, Zebra Medical Vision Ltd., Cognitec Systems GmbH, Zwipe AS, 3M Cogent Inc., Daon Holdings Limited.
What Key Trends Are Reshaping The Contactless Biometrics Market Landscape?
Technological advances are reshaping the contactless biometrics market landscape with companies developing new products and technologies to strengthen market demand. An outstanding example is Moqi Technology’s launch in April 2022 of the 3D touchless fingerprint biometric scanner which can register 10 fingers in 200 seconds and provide NFIQ 2 values for biometric data quality that are 20% higher than regular contact fingerprint scanners.
Which Region Is Predicted To See The Fastest Growth In The Contactless Biometrics Market?
North America emerged as the largest region in the contactless biometrics market in 2024 and is projected to be the fastest-growing market in the forecast period. The contactless biometrics market report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Contactless Biometrics Market Report 2025 Offer?
Contactless biometrics refers to a technology used for identifying and authenticating people under surveillance, enabling user authorization without person-to-machine contact. Furthermore, behavioral security technologies and the use of non-contact biometrics for multifactor authentication provide superior security levels than conventional methods. The Contactless Biometrics Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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