Europe 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
The Europe Contactless Biometrics Technology Market would witness market growth of 18.3% CAGR during the forecast period (2020-2026).
Contactless biometric iris recognition systems address the rising demand for contactless identification at busy locations. The device is expected tbe installed in hospital centers, airports and commercial facilities where large numbers of people are at high risk of viral infection. Iris Biometrics scans measure unique patterns in the colored circle of the eye tcheck and authenticate the identity.
Contactless, fast and well-known for its accuracy, biometric iris recognition can operate at long distances, with certain implementations that leverage the modality that needs only a glance from the user. The latest generation IRIS recognition technology has the capacity tscan IRIS impressions not only of human beings, but alsof animals with the utmost accuracy. The Biometrics Revolution is encouraging multiple countries tbuild a unique and robust citizens' identification system, offering citizens a bouquet of benefits and enabling them thave smooth access ttheir rights.
Biometrics is taking center stage as a way of improving security by simply adding more forgotten PINs and passwords. Its use in mobile devices is increasingly extending beyond merely opening the device tsecure the applications within it. From free banking applications and digital wallets, tm-commerce and in-app purchases, consumers quickly realize the biometric advantages of managing and securing their financial lives. The introduction of biometrics can alsmake it possible for stakeholders tfoster greater consumer confidence and safeguard privacy concerns.
Based on Component, the market is segmented intSoftware, Hardware and Services. Based on Application, the market is segmented intFace, Voice, Fingerprint & Hand Geometry, Iris and Others. Based on End User, the market is segmented intGovernment, Transport & Logistics, Defense & Security, Consumer Electronics, Healthcare & Life Sciences, Banking & Finance and Others. Based on countries, the market is segmented intGermany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fujitsu Limited, Thales Group S.A. (GemaltNV), 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 Study
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