Press release
Hand Geometry Biometrics Market Headed for Growth and Global Expansion by 2020
Overview
The implementation of biometric technology in various industries is gaining momentum, owing to the public acceptance of hand geometry biometric systems. Hand geometry biometrics is one of the most successful facets of the global biometric technologies industry. Functional integration, efficient use and security benefits are key features driving the growth of the hand geometry biometrics market.
The existence of hand geometry biometrics systems dates back to the early 1980s, and it is the most successful biometric system used in computer technology and ICT. The global market for hand geometry biometrics is well-established, owing to the systems’ profitable combination with identification operations.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-220
Prominent Trends & Growth Opportunities
The rising interest in biometric systems with multiple-point verification mechanism has a key impact on the global market. The technology used in hand geometry biometrics registers verification of several perimeters of the hand, including the finger length, the finger width and palm size. Unlike fingerprint biometrics, where unlawful access is still viable, it is nearly impossible to duplicate the print of an entire hand. Due to this, the hand geometry biometrics systems are being extensively implemented for authorisation operations.
Use of hand geometry biometrics in e-commerce industry is expected to grow opportunities for the market’s future. The contact-based technology in hand geometry biometrics devices will serve the purpose of customer identification on a larger scale, helping companies to create a better consumer database and facilitate other ventures with it. Implementing the system in cloud computing to address breach concerns is likely to influence development of new products and services.
Drivers & Restraints of Global Hand Geometry Biometrics Market
Use of manifold biological characteristics for every indivisible person is a unique feature of such systems, suitable to grow the demand for hand geometry biometrics products and programs. The growth of the global market for hand geometry biometrics is driven by the system’s efficient utilisation in,
Government support systems for citizen identification process
Comprehensive employee enrolment systems in companies
Smartphone applications
Identification processes to update and maintain criminal database
E-Passport programs
Surveillance and security systems for larger gatherings
Applications as such have supplemented the growth of demand for hand geometry biometrics systems. However, the main restraint limiting the growth and for hand geometry biometrics systems is their high cost and time consumption in comparison to fingerprint biometrics. The restricted use of applicability in confirmation tasks is also hampering the emergence of business opportunities in the future of hand geometry biometrics market.
Market Segmentation
The global market for hand geometry biometrics systems is segmented as,
On the basis of applications,
Government
Defence
Finance & Banking
Immigration & Travel
Commercial Security
Home Security
Healthcare
Consumer Electronics
Applications of hand geometry biometrics technology in consumer electronics can be further segmented into,
Smartphones
Laptops
Tablets
Others
Region-wise,segmentation of the global hand geometry biometrics market includes several key regions such as North America, Asia Pacific, Europe, Latin America, Middle East & Africa, among others. Developed economies in North America and Europe are reinforcing the market, while adoption is growing in end-use industries.
To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-220
Key Companies
3M Company, Fingerprint Cards AB, Cross Match Technologies Inc., Fulcrum Biometrics LLC., Safran SA, Fujitsu Ltd., RCG Holdings Limited, Siemens AG, Facebanx, NCE Corporation, Validsoft UK Ltd., Thales SA and Suprema Inc. are some of the leading companies in the global hand geometry biometrics market.
About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
The implementation of biometric technology in various industries is gaining momentum, owing to the public acceptance of hand geometry biometric systems. Hand geometry biometrics is one of the most successful facets of the global biometric technologies industry. Functional integration, efficient use and security benefits are key features driving the growth of the hand geometry biometrics market.
The existence of hand geometry biometrics systems dates back to the early 1980s, and it is the most successful biometric system used in computer technology and ICT. The global market for hand geometry biometrics is well-established, owing to the systems’ profitable combination with identification operations.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-220
Prominent Trends & Growth Opportunities
The rising interest in biometric systems with multiple-point verification mechanism has a key impact on the global market. The technology used in hand geometry biometrics registers verification of several perimeters of the hand, including the finger length, the finger width and palm size. Unlike fingerprint biometrics, where unlawful access is still viable, it is nearly impossible to duplicate the print of an entire hand. Due to this, the hand geometry biometrics systems are being extensively implemented for authorisation operations.
Use of hand geometry biometrics in e-commerce industry is expected to grow opportunities for the market’s future. The contact-based technology in hand geometry biometrics devices will serve the purpose of customer identification on a larger scale, helping companies to create a better consumer database and facilitate other ventures with it. Implementing the system in cloud computing to address breach concerns is likely to influence development of new products and services.
Drivers & Restraints of Global Hand Geometry Biometrics Market
Use of manifold biological characteristics for every indivisible person is a unique feature of such systems, suitable to grow the demand for hand geometry biometrics products and programs. The growth of the global market for hand geometry biometrics is driven by the system’s efficient utilisation in,
Government support systems for citizen identification process
Comprehensive employee enrolment systems in companies
Smartphone applications
Identification processes to update and maintain criminal database
E-Passport programs
Surveillance and security systems for larger gatherings
Applications as such have supplemented the growth of demand for hand geometry biometrics systems. However, the main restraint limiting the growth and for hand geometry biometrics systems is their high cost and time consumption in comparison to fingerprint biometrics. The restricted use of applicability in confirmation tasks is also hampering the emergence of business opportunities in the future of hand geometry biometrics market.
Market Segmentation
The global market for hand geometry biometrics systems is segmented as,
On the basis of applications,
Government
Defence
Finance & Banking
Immigration & Travel
Commercial Security
Home Security
Healthcare
Consumer Electronics
Applications of hand geometry biometrics technology in consumer electronics can be further segmented into,
Smartphones
Laptops
Tablets
Others
Region-wise,segmentation of the global hand geometry biometrics market includes several key regions such as North America, Asia Pacific, Europe, Latin America, Middle East & Africa, among others. Developed economies in North America and Europe are reinforcing the market, while adoption is growing in end-use industries.
To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-220
Key Companies
3M Company, Fingerprint Cards AB, Cross Match Technologies Inc., Fulcrum Biometrics LLC., Safran SA, Fujitsu Ltd., RCG Holdings Limited, Siemens AG, Facebanx, NCE Corporation, Validsoft UK Ltd., Thales SA and Suprema Inc. are some of the leading companies in the global hand geometry biometrics market.
About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
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