The Touchless Sensing Market is expected to grow at an annual average of 17%, reaching $6.8 billion in 2020 to $15.3 billion in 2025. The main drivers of the market include increasing demand for non-contact detection, sanitation issues, and advantageous programs distributed by the government. The increasing demand for contactless biometrics solutions with smartphone’s contactless sensing technology and upgraded tracking and control will create opportunities in the market. The main constraint in the market is the high conversion cost along with user resistance. The high cost associated with contactless sensing products poses significant challenges for this market.
A full report of Touchless Sensing Market is available at: https://www.orionmarketreports.com/touchless-sensing-market/45953/
Touchless sensing market segmentation:
By Technology:
• RFID
• Camera-based
• Sensors
• Voice Assistance
• Others (NFC & Bluetooth)
By Product:
• Touch-less Sanitary Equipment
• Touchless Biometric
• Others (Contactless cards and RFID tags)
By Industry:
• Consumer Electronics
• Government
• Finance & Banking
• Healthcare
• Automotive
• Others (Retail & Hospitality)
By Geographic Analysis
• North America
• Europe
• APAC
• RoW
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