Contactless Biometrics Market : A Deep Dive into the Industry’s Key Applications and Technologies
Submitted by PrathameshGavade | April 7, 2023, 10:36:00 | Business
The global contactless biometrics market size was USD 17.26 Billion in 2021 and is expected to register a revenue CAGR of 15.55% during the forecast period, according to the latest analysis by Emergen Research. Increasing funding for facial recognition systems is a major factor expected to support revenue growth of the market during the forecast period. In addition, revenue growth of the market is driven by rising demand from the banking, retail, and healthcare sectors as well as increase in smartphone use. Most consumers today depend on face and iris recognition technology to protect their possessions.
Source: https://www.emergenresearch.com/industry-report/contactless-biometrics-market
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