Global Contactless Biometrics Market Price, Share, Size, Trends, Growth, Report And Forecast 2023-2028

Contactless Biometrics Market Outlook

According to the report by Expert Market Research (EMR), the global contactless biometrics market share reached a value of approximately USD 18.8 billion in 2022. Aided by the growing demand for seamless and secure identity verification methods and the rising applications of contactless biometrics in various sectors, the market is projected to further grow at a CAGR of 16.40% between 2023 and 2028 to reach a value of USD 21.88 billion by 2028.

Contactless biometrics technologies, such as facial recognition, iris recognition, voice recognition, and fingerprint recognition, among others, have established a solid place in modern identification practices. Offering a non-contact, efficient, and secure method for verifying identities, these technologies have rapidly become a staple in a host of sectors, such as security, healthcare, finance, and more.

A key driver for the global contactless biometrics market growth is the increasing consumer preference for secure and efficient identity verification solutions. With an escalating awareness of security threats associated with traditional identification methods, there has been a notable shift toward more secure, contactless biometric alternatives. The COVID-19 pandemic has further raised the need for non-contact solutions, leading to an accelerated adoption of contactless biometrics.

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Furthermore, the widening applications of contactless biometrics across various sectors serve as another vital propellant for the contactless biometrics market development. The security sector employs these technologies extensively for purposes such as access control, surveillance, and identification. In healthcare, contactless biometrics facilitate patient identification, thus ensuring accurate medical records and mitigating the risk of medical errors. The finance sector relies on these technologies for secure transactions, which aid in fraud prevention and enhance customer experiences, thus increasing the contactless biometrics market demand.

The pressing demand for advanced security solutions in the era of smart cities and the Internet of Things (IoT) has brought contactless biometrics to the forefront. As the rise of smart infrastructure and the increasing interconnectivity of devices continue to shape our digital landscape, the need for robust, secure, and efficient identification methods has surged. As a result, contactless biometrics have become increasingly important for securing access to devices, networks, and facilities, thus bolstering the contactless biometrics market expansion.

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Additionally, the rising demand for secure, convenient, and rapid identity verification solutions, coupled with technological advancements in Artificial Intelligence (AI) and machine learning, are set to provide continued impetus to the global contactless biometrics market.

Contactless Biometrics Market Segmentation

The market can be divided based on component, technology, application, end user, and region.

Market Breakup by Component

• Hardware
• Software
• Services

Market Breakup by Technology

• Contactless Fingerprint Technology
• Facial Recognition
• Iris Recognition
• Palm Vein Recognition
• Voice Recognition
• Contactless Cards

Market Breakup by Application

• Face
• Fingerprint
• Hand Geometry
• Iris
• Voice
• Others

Market Breakup by End User

• Government
• BFSI
• Consumer Electronics
• Healthcare
• Transport and Logistics
• Defence and Security
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global contactless biometrics companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Touchless Biometric Systems AG
• IDEMIA SAS
• Fujitsu Limited
• NEC Corporation
• HID Global Corporation
• Blue Biometrics
• FEITIAN Technologies Co., Ltd.
• GateKeeper Proximity (Untethered Labs, Inc.)
• Aware Inc.
• Gemalto N.V.
• Others

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Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

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Global Machine-To-Machine (M2M) Connections Market Size, Share, Trends, Growth, Key Players, Report And Forecast 2023-2028

Machine-to-Machine (M2M) Connections Market Outlook

According to the report by Expert Market Research (EMR), the global machine-to-machine (M2M) connections market size is expected to grow at a CAGR of 4.5% between 2023 and 2028. Aided by the increasing demand for automation across various industries and the burgeoning applications of M2M technologies, the market is expected to grow significantly by 2028.

Machine-to-machine (M2M) connections allow wired and wireless systems to interact and communicate without human intervention, making them a fundamental component of the Internet of Things (IoT) landscape. M2M connections are instrumental in various sectors including manufacturing, healthcare, retail, transportation, and energy among others, where they improve operational efficiency and enable real-time decision-making.

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The growing demand for automation across industries is driving the global machine-to-machine (M2M) connections market growth. With increasing pressure to enhance operational efficiency and reduce costs, industries are adopting M2M technologies to automate their processes, leading to a significant rise in the demand for M2M connections.

Moreover, the rising trend of digital transformation has further contributed to the escalating popularity of M2M, as businesses are integrating these technologies to stay competitive and meet changing customer expectations. As such, the proliferation of IoT devices and the advancement in wireless communication technologies are further propelling the M2M connections market.

The expanding applications of M2M in various sectors also significantly fuels the machine-to-machine (M2M) connections market development. In healthcare, M2M technologies are used for remote patient monitoring and telemedicine services. In the transportation industry, M2M technologies facilitate fleet management, vehicle tracking, and predictive maintenance. The energy sector utilises M2M for smart grids and energy management. These widespread applications underscore the crucial role of M2M in digital transformation across industries.

Furthermore, the increasing focus on data-driven decision-making has amplified the importance of M2M connections. With the ability to gather real-time data, M2M technologies provide actionable insights that enable businesses to improve their operations and make informed decisions, thereby augmenting the machine-to-machine (M2M) connections market expansion.

Looking ahead, the future of the M2M connections market appears promising, given the continuous advancements in wireless communication technologies, increasing demand for automation, and growing applications of M2M across various sectors. As industries continue to evolve in the face of digital transformation, the demand for M2M connections is likely to surge, further driving the machine-to-machine (M2M) connections market growth.

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Machine-to-Machine (M2M) Connections Market Segmentation

The market can be divided based on technology, end user, and region.

Market Breakup by Technology

•  Wired Technology
  •  Ethernet
  •  Industrial
•  Wireless Technology
  •  Short Range
  •  Cellular Network

Market Breakup by End User

•  Healthcare
•  Utilities
•  Automotive and Transportation
•  Retail
  •  Intelligent Vending Machines
  •  Contactless Checkout/POS
  •  Digital Signage
•  Consumer Electronics
•  Security and Surveillance
•  Others

Market Breakup by Region

•  North America
•  Europe
•  Asia Pacific
•  Latin America
•  Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global machine-to-machine (M2M) connections companies. Some of the major key players explored in the report by Expert Market Research are as follows:

•  Intel Corporation
•  Vodafone Group PLC
•  Cisco Systems Inc
•  Huawei Technologies Co., Ltd.
•  Texas Instruments Incorporated
•  Others

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.

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Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

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United States Smart Thermostat Market Size To Grow At A CAGR Of 16.9% In The Forecast Period Of 2023-2028

The ‘United States Smart Thermostat Market Size, Share, Scope, Outlook, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the United States smart thermostat market, assessing the market on the basis of its segments like products, technologies, applications, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

United States Smart Thermostat Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 16.9%

Report Attribute	Details
Historical Period	2018-2022
Forecast Period	2023-2028
Base Year	2022
Growth Rate CAGR	9.1%
Major Players	Honeywell International Inc, Johnson Controls, Carrier Corporation, Bosch Thermotechnology Corp., Lux Products Corporation, ecobee Inc., Vivint, Inc, Emerson Electric Co., Lennox International Inc., Radio Thermostat Company of America and others.

Smart thermostats are capable of harmonising with household patterns and home automation eco-systems, smartly facilitating heating or cooling at home according to the level of occupancy or other set parameters. Some of the top advantages offered by smart thermostats include convenience, control, insight, and easy trackability and manageability. The increasing awareness among the population pertaining to the advantages offered by smart thermostats is driving the United States smart thermostat market growth.

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The increasing adoption of smart electronic devices such as phones, tablets and laptops are infusing greater compatibility among the residents, leading to a heightened sale of smart thermostats. In addition, the growing availability of high-speed internet is further accelerating the penetration of the product among households in the country. The strong foothold of major electronic appliance manufacturing companies across the country is improving accessibility by enhancing the efficiency of supply chain, accelerating the growth of United States smart thermostat market.

Smart thermostats also facilitate savings on electricity which is a crucial driving factor of the market. Over the forecast period, the increasing transition towards sustainable spending of electricity, rapid urbanisation, and increasing number of working professionals are expected to bolster the smart thermostat market growth in the United States.

United States Smart Thermostat Industry Definition and Major Segments

A smart thermostat is defined as a type of thermostat which can be controlled through a smart device or internet-enabled equipment. Smart thermostats enable easy adjustment of temperature and options for smart heating and cooling, helping optimise temperatures within the space while reducing energy spent. Smart thermostats can also contains sensors which support voice commands.

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Based on product, the market is segmented into:

• Connected
• Standalone
• Learning
• Others

By technology, the market is divided into:

• Wired
• Wireless
  • Wi-Fi
  • Bluetooth
  • Zigbee
  • Others

On the basis of application, the market is classified into:

• Commercial
• Residential
• Industrial
• Others

Based on region, the market is categorised into:

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

United States Smart Thermostat Market Trends

The key trends in the United States smart thermostat market include the rising demand for the product in the commercial sector, owing to the technological advancements in the infrastructure across the country. The increasing adoption of internet of things (IoT) across hotels and restaurants in well-established cities of the United States are likely to generate the demand for smart thermostats.

The thriving e-commerce sector is a critical market trend. Smart thermostats are becoming easily accessible as the purchasing power and availability of e-commerce platforms is growing. Stringent regulations of the government aimed towards conserving electricity in commercial, industrial, and residential sectors are playing a pivotal role for the United States smart thermostat market.

High-end voice command interfaces such as Google Assistant, Alexa, and Siri, among others, are making smart thermostats more user-friendly which is further improving the market dynamics. The growing innovations and investments by major market players in the country, aimed towards developing advanced features and interconnected smart thermostat systems, are anticipated to increasing the value of smart thermostats. Furthermore, increasing marketing and branding via social media and digital platforms, is expanding awareness about smart thermostats.

Key Market Players

The major players in the United States smart thermostat market report are :

• Honeywell International Inc
• Johnson Controls
• Emerson Electric Co.
• Carrier Corporation
• Bosch Thermotechnology Corp.
• Lux Products Corporation
• ecobee Inc.
• Vivint, Inc
• Radio Thermostat Company of America
• Lennox International Inc.
• others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

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Global Nanotechnology Market Size To Grow At A CAGR Of 10% In The Forecast Period Of 2023-2028

The ‘Global Nanotechnology Market Size, Share, Scope, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global nanotechnology market, assessing the market on the basis of its segments like type, application, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Nanotechnology Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 10%

Report Attribute	Details
Historical Period	2018-2022
Forecast Period	2023-2028
Base Year	2022
Market Size in 2020	USD 1.2 billion
Growth Rate CAGR	10%
Major Players	Altair Nanotechnologies Inc., Applied Nanotech Inc, Advanced Nano Products Co Ltd, Bruker Corporation, Espin Technology Inc., Imina Technologies SA, Nanonics Imaging Ltd., Arkema Group, DuPont de Nemours, Inc., Biosensors International Group Ltd., and others.

The global nanotechnology market is expected to register growth during the forecast period on account of the surging usage of nanotechnology in different applications like energy, healthcare, and manufacturing, among others. The rising investments by several manufacturers and growing research and development activities on new nanotechnology applications in healthcare for different viral illnesses detection, treatment, and prevention are expected to fuel the market demand for nanotechnology.

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Nanotechnology is increasingly being used in imaging and biomedical applications, photothermal therapy, drug delivery, and implants due to their versatility. This is expected to propel the nanotechnology market across the globe. Going further, the surging popularity of nanotechnology in electronics applications, both for commercial and industrial electronics is likely to increase the demand for nanotechnology. With nanotechnology, the potential applications in electronics are immense, for both nano sensors and nano devices.

Advancements in nanotechnology are expected to support the growth of the market in the coming years, as applications increase multi-fold and costs involved are reduced. Although several nanotechnology devices and sensors are already available, their relatively high costs can pose as a barrier for implementation for companies and end users with limited budgets.

Nanotechnology Industry Definition and Major Segments

Nanotechnology is described as the branch of engineering and science dedicated to producing, designing, along with utilising devices, systems, and structures by influencing molecules and atoms at the nanoscale, i.e., having one or more dimensions of the order of 100 nanometres or less. It involves the understanding of nanometre-scale objects.

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Based on type, the market is segmented into:

• Nano Sensors
  • Optical Nano Sensor
  • Chemical Nano Sensor
  • Physical Nano Sensor
  • Biosensors
  • Others
• Nano Device
  • Nanomanipulator
  • Nanomechanical Test Instruments
  • Nanoscale Infrared Spectrometers
  • Others

By application, the market is classified into:

• Electronics
• Energy
• Chemical Manufacturing
• Aerospace and Defence
• Healthcare
• Others

Based on region, the market is divided into:

• North America
• Latin America
• Asia Pacific
• Europe
• Middle East and Africa

Nanotechnology Market Trends

Geographically, the Asia Pacific region is anticipated to gain momentum in the nanotechnology market over the coming years on account of an increase in investments and applications of nanotechnology. The rising adoption of nanotechnology in medical diagnoses along with the increasing support of various governments towards research and development of miniature technological devices is likely to aid the market growth of nanotechnology across the region.

The large populations in the Asia Pacific are likely to form a massive consumer base which is further expected to boost the demand for automotives, consumer electronics, medical products, and textiles. The significant production of electronics in the Asia Pacific region is also driving the market growth of nanotechnology.

China is expected to account for substantial growth in the nanotechnology market due to the presence of a strong manufacturing hub for electronics in the country, supported by favourable policies by the government and low-cost production. With the growing presence of manufacturing facilities of various industries in the country, the demand for nanotechnology is likely to bolster across production plants.

Meanwhile, Europe is expected to register growth in the nanotechnology market over the upcoming years on account of the rise in investments across industrial development. With the increasing demand for advanced and innovative technologies across the commercial and industrial sectors, the demand for nanotechnology in production facilities is likely to escalate.

The well-developed healthcare infrastructure coupled with better access to innovative healthcare facilities in the region is likely to enhance the demand for innovative diagnostic devices and surgical robots that utilise nanotechnology.

Key Market Players

The major players in the global nanotechnology market report are :

• Altair Nanotechnologies Inc.,
• Applied Nanotech Inc
• Advanced Nano Products Co Ltd
• Bruker Corporation
• Biosensors International Group Ltd.
• Espin Technology Inc.
• Imina Technologies SA
• Nanonics Imaging Ltd.
• DuPont de Nemours, Inc.
• Arkema Group
• others

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

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