[ad_2]
NEW YORK, July 18, 2022 /PRNewswire/ — According to the latest market research study published by P&S Intelligence, the contactless biometrics market was worth around $17,389.2 million in 2021, which is expected to hit $59,501.4 million value in 2030, advancing at a 14.6% CAGR from 2021 to 2030. The primary drivers of this increase include the rising security concerns and demand for contactless biometric technology, as well as the government measures that encourage its usage.
Moreover, the main applications of contactless biometric systems are access control, onboarding & KYC, and criminal identification & forensics. The usage of such systems for forensic and criminal identification purposes is primarily driven by the rise in the count of fraudulent activities and identity thefts and a growth in digital identity use cases across verticals.
Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/contactless-biometrics-market/report-sample
Segmentation Outlook
Browse detailed report on Contactless Biometrics Market Growth and Demand Forecast Report 2030
Regional Analysis
Browse More Reports
Edge AI Software Market Development and Demand Forecast to 2030
Fingerprint Sensors Market Development and Demand Forecast to 2030
Optical Sensor Market Development and Demand Forecast to 2030
About P&S Intelligence
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
Contact:
Prajneesh Kumar
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow Us: LinkedIn Twitter
Logo: https://mma.prnewswire.com/media/1224988/P_and_S_Intelligence_Logo.jpg
Source link
[ad_2]
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.
[ad_2]
[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…
[ad_1] Gyroscope Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Gyroscope Global…
[ad_1] ODISHA, India, and LOS ANGELES, Calif., April 25, 2024 (SEND2PRESS NEWSWIRE) — In the 1880s, to call attention to…
In support of Hong Kong's new mega tourism and commerce drive, Alipay+ now enables users of 14 leading overseas mobile…
[ad_2] TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has…
[ad_1] CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)…