The North America Contactless Biometrics Technology Market would witness market growth of 17.4% CAGR during the forecast period (2020-2026). Growing demand for rapid and secure access controls, queue-less passenger checks, seamless border crossings, and rapid identification of individuals for better convenience and safety is accelerating market demand. Using fast software algorithms and machine-learning techniques, manufacturers are designing high-tech, contactless biometric sensor systems for rapid and secure identity checks. The software also allows developers to integrate the latest add-on features by simply updating the software/application. In addition, various e-commerce companies, like Amazon.com, Inc., are also developing and marketing image recognition software, Amazon Recognition, for Prime Photos users. The software allows users to identify faces, objects and scenes in order to organize and filter their photos.
Growing COVID-19 pandemic around the globe is pushing everyone to minimize physical contact with the common surface. Iris identification offers verification tools for national and civil ID services, access management, and time attendance, among many others. In addition, increased adoption of iris technology by state and local border security agencies is expected to further boost growth. For example, in April 2017, the U.S. El Paso Police Department started utilizing biometrics technology that incorporates iris scanning, facial recognition and fingerprint detection technologies to improve border security.
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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Contactless Biometrics Technology Market in North America is expected to register a CAGR of 17.4% 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.
Market Segmentation:
By Component
By Application
By End-User
By Country
Companies Profiled
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