The Asia Pacific Contactless Biometrics Technology Market is expected to witness market growth of 17.2% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Contactless Biometrics Technology Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.87 billion by 2031. The Japan market is registering a CAGR of 16.4% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 18% during 2024-2031.
This technology is used in retail environments for various purposes, including customer identification and personalized marketing. Retailers can analyze customer behaviour and preferences by employing facial recognition systems at point-of-sale terminals. This data allows them to tailor marketing strategies and improve customer experiences. Additionally, biometric systems can enhance security by monitoring access to stockrooms and back-office areas.
Educational institutions are increasingly adopting contactless biometrics for attendance tracking and campus security. Schools and universities can more effectively monitor attendance and guarantee that only authorized individuals can access their facilities by utilizing facial recognition or biometric scanning. This technology also aids in identifying unauthorized visitors, thereby enhancing campus safety.
The swift growth of mobile phone usage and cellular Internet of Things (IoT) terminals in China is significantly driving the expansion of this market. According to the State Council, there were approximately 1.86 billion phone subscribers in the People's Republic of China, with mobile phone subscribers numbering around 1.68 billion. The Indian government’s initiatives, such as the Goods and Services Tax (GST) and the National Logistics Policy, further fuel this growth. These policies aim to create a unified logistics ecosystem, reducing inefficiencies and streamlining processes.
The implementation of contactless biometrics can play a vital role in this ecosystem, facilitating quicker processing times for cargo and improving the accuracy of identity verification. Therefore, the substantial growth in mobile phone and IoT usage in China and the rising logistics sector in India is significantly impacting the contactless biometrics technology market.
The China market dominated the Asia Pacific Contactless Biometrics Technology Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.87 billion by 2031. The Japan market is registering a CAGR of 16.4% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 18% during 2024-2031.
This technology is used in retail environments for various purposes, including customer identification and personalized marketing. Retailers can analyze customer behaviour and preferences by employing facial recognition systems at point-of-sale terminals. This data allows them to tailor marketing strategies and improve customer experiences. Additionally, biometric systems can enhance security by monitoring access to stockrooms and back-office areas.
Educational institutions are increasingly adopting contactless biometrics for attendance tracking and campus security. Schools and universities can more effectively monitor attendance and guarantee that only authorized individuals can access their facilities by utilizing facial recognition or biometric scanning. This technology also aids in identifying unauthorized visitors, thereby enhancing campus safety.
The swift growth of mobile phone usage and cellular Internet of Things (IoT) terminals in China is significantly driving the expansion of this market. According to the State Council, there were approximately 1.86 billion phone subscribers in the People's Republic of China, with mobile phone subscribers numbering around 1.68 billion. The Indian government’s initiatives, such as the Goods and Services Tax (GST) and the National Logistics Policy, further fuel this growth. These policies aim to create a unified logistics ecosystem, reducing inefficiencies and streamlining processes.
The implementation of contactless biometrics can play a vital role in this ecosystem, facilitating quicker processing times for cargo and improving the accuracy of identity verification. Therefore, the substantial growth in mobile phone and IoT usage in China and the rising logistics sector in India is significantly impacting the contactless biometrics technology market.
List of Key Companies Profiled
- Fujitsu Limited
- Thales Group S.A.
- HID Global Corporation (Assa Abloy AB)
- NEC Corporation
- Aware, Inc.
- Fingerprint Cards AB
- IDEMIA SAS (Advent International, Inc.)
- M2SYS Technology, Inc.
- CardLogix Corporation
- Touchless Biometric Systems AG
Market Report Segmentation
By Component
- Software
- Hardware
- Service
By Application
- Face
- Fingerprint
- Iris
- Hand Geometry
- Voice
- Other Application
By End Use
- Government
- Banking & Finance
- Consumer Electronics
- Healthcare
- Defense & Security
- Transport & Logistics
- Other End Use
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Contactless Biometrics Technology Market by Component
Chapter 6. Asia Pacific Contactless Biometrics Technology Market by Application
Chapter 7. Asia Pacific Contactless Biometrics Technology Market by End Use
Chapter 8. Asia Pacific Contactless Biometrics Technology Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Fujitsu Limited
- Thales Group S.A.
- HID Global Corporation (Assa Abloy AB)
- NEC Corporation
- Aware, Inc.
- Fingerprint Cards AB
- IDEMIA SAS (Advent International, Inc.)
- M2SYS Technology, Inc.
- CardLogix Corporation
- Touchless Biometric Systems AG
Methodology
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