Asia Pacific Contactless Biometrics Technology Market Size & Share 2026

Asia Pacific Contactless Biometrics Technology Market By Component (Software, Hardware and Services), By Application (Face, Voice, Fingerprint & Hand Geometry, Iris and Others), By End User (Government, Transport & Logistics, Defense & Security, Consumer Electronics, Healthcare & Life Sciences, Banking & Finance and Others), By Country, Industry Analysis and Forecast, 2020 - 2026

Published Date: July-2020 | Number of Pages: 117 | Format: PDF | Report ID: KBV-4433

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Market Report Description

The Asia Pacific Contactless Biometrics Technology Market would witness market growth of 21% CAGR during the forecast period (2020-2026). Constant technological advances in enhanced experience are anticipated to provide positive opportunities for market growth over the coming years. The increase in disposable income worldwide is expected to drive the market. Brand and technology-sensitive buyers are anticipated to contribute to market demand. Smartphones are characterized by innovative features, technology and design, evolving product life cycles, extreme pricing, changing product imitation and technological advancements.

The simplicity with which services, images, gallery and documentation are handled has intensified the reliance on smartphones. Growing demand and interest in music, gaming, travel navigation, entertainment; social and personalization are expected to be key drivers for the smartphone market. These are gradually becoming an alternative to PDAs, heavy laptops and space-consuming desktops.

Various banks, fintech and financial services companies have established partners to provide bio-authentication for secure on-boarding and transactions, with facial, finger and voice recognition. Ubiquitous contactless payments have always been a long-term inevitability. All it took for them to become a smart short-term investment was for customers to avoid treating retail keypads as a luxury and more like a factor for disease.

Based on Component, the market is segmented into Software, Hardware and Services. Based on Application, the market is segmented into Face, Voice, Fingerprint & Hand Geometry, Iris and Others. Based on End User, the market is segmented into Government, Transport & Logistics, Defense & Security, Consumer Electronics, Healthcare & Life Sciences, Banking & Finance and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: Contactless Biometrics Technology Market in Asia Pacific is expected to register a CAGR of 21% during the forecast period (2020-2026)

The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Fujitsu Limited, Thales Group S.A. (Gemalto NV), Assa Abloy AB, NEC Corporation, Aware, Inc., Fingerprint Cards AB, IDEMIA SAS (Advent International, Inc.), Touchless Biometric Systems AG, M2SYS Technology, Inc., and nVIAsoft Corporation.

Scope of the Asia Pacific Contactless Biometrics Technology Market Analysis

Market Segmentation:

By Component

  • Software
  • Hardware
  • Services

By Application

  • Face
  • Voice
  • Fingerprint & Hand Geometry
  • Iris
  • Others

By End-User

  • Government
  • Transport & Logistics
  • Defense & Security
  • Consumer Electronics
  • Healthcare & Life Sciences
  • Banking & Finance
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Companies Profiled

  • Fujitsu Limited
  • Thales Group S.A. (Gemalto NV)
  • Assa Abloy AB
  • NEC Corporation
  • Aware, Inc.
  • Fingerprint Cards AB
  • IDEMIA SAS (Advent International, Inc.)
  • Touchless Biometric Systems AG
  • M2SYS Technology, Inc.
  • nVIAsoft Corporation

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