Image Recognition
Newark, March 02, 2023 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the contactless biometrics technology market will grow to USD 13.45 billion in 2022 and reach USD 78.86 billion by 2032. North America is expected to have the largest market share in the contactless biometrics technology market. The iris segment is expected to augment the contactless biometrics technology market during the forecast period. Restraint: The lack of intelligence expertise:The substantial costs associated with biometric systems, misconceptions, and lack of knowledge about biometric systems are restraining the market growth. However, the high implementation of touchless biometrics systems for government & military applications is also helping to boost the market growth.