According to a new report LAMEA Contactless Biometrics Technology Market, published by KBV research, the LAMEA Contactless Biometrics Technology Market would witness market growth of 22.9% CAGR during the forecast period (2020-2026).
The Brazil market dominated the LAMEA Transport & Logistics Contactless Biometrics Technology Market by Country 2019, thereby, achieving a market value of $78 million by 2026. The Argentina market would witness a CAGR of 23.7% during (2020 - 2026). Additionally, The UAE market is exhibiting a CAGR of 22.9% during (2020 - 2026).
The Software market dominated the UAE Contactless Biometrics Technology Market by Component 2019, growing at a CAGR of 22.2 % during the forecast period. The Services market is expected to witness a CAGR of 23.2% during (2020 - 2026).
The Face market dominated the South Africa Contactless Biometrics Technology Market by Application 2019, growing at a CAGR of 22.5 % during the forecast period. The Voice market would exhibit a CAGR of 23% during (2020 - 2026). Additionally, The Fingerprint & Hand Geometry market is poised to grow at a CAGR of 24.6% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/lamea-contactless-biometrics-technology-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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