The latest research report by Emergen Research, named ‘Global Contactless Biometrics Market - Forecast to 2030 The coronavirus outbreak has led to drastic changes in the current Contactless Biometrics Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Contactless Biometrics Market growth assessed on both regional and global levels.
The global contactless biometrics market size was USD 17.26 Billion in 2021 and is expected to register a revenue CAGR of 15.55% during the forecast period, according to the latest analysis by Emergen Research. Increasing funding for facial recognition systems is a major factor expected to support revenue growth of the market during the forecast period. In addition, revenue growth of the market is driven by rising demand from the banking, retail, and healthcare sectors as well as increase in smartphone use. Most consumers today depend on face and iris recognition technology to protect their possessions.
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The global Contactless Biometrics Market is consolidated, with few large and medium-sized companies accounting for a majority of revenue share. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective riblet film models. Some major companies included in the global Contactless Biometrics Market report are:
Some major companies in the global market report include FIS
The research provides answers to the following key questions:
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Emergen Research has segmented the global contactless biometrics market on the basis of offering, application, end-use, and region:
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The Contactless Biometrics Market report, additionally, offers a comprehensive Contactless Biometrics Market SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the Contactless Biometrics Market competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Table of content:
Chapter 1 includes an introduction of the global Contactless Biometrics Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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