Contactless Biometrics Technology Market Size

Contactless Biometrics Technology Market size was valued at USD 14.32 billion in 2024 and is likely to cross USD 151.56 billion by 2037, expanding at more than 19.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of contactless biometrics technology is assessed at USD 16.6 billion.

The growth of the market can be attributed to the rising popularity of biometrics in the healthcare industry. Further, increasing concern about patient security while controlling healthcare expenses are also expected to add to the market growth. Biometrics are used to track medical equipment, prescriptions, and other assets in the healthcare industry. For instance, the most popular biometric in medical sector is fingerprint recognition, which helps to confirm the identities of patients and employees. In 2021, more than 30% of healthcare institutions in US, encountered a serious cyber security event that had an impact on patient safety.

In addition to these, factors that are believed to fuel the market growth of contactless biometrics technology include the growing usage of smartphones. The most widely used biometric technology in smartphones and tablets today is fingerprint recognition. Further, facial recognition is also gaining popularity in mobile phones, as all smartphones have RGB cameras that are appropriate for capturing facial details. According to data, at the moment, over 40% of smartphone users utilize some sort of biometric authentication with their devices.