Global Hand Geometry Biometrics Market Analysis Revealing Key Drivers & Growth Trends through 2025

Posted on 2018-08-06 by Mark Hub in Technology // 0 Comments

Albany, US, 2018-Aug-06 — /EPR Network/ —The market for Hand Geometry Biometrics is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Hand Geometry Biometrics Market Size, Status and Forecast 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the “keyword” sector is highlighted in the report which indicates a prosperous future.

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This report studies the global Hand Geometry Biometrics market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Hand Geometry Biometrics market by companies, region, type and end-use industry.

Security has been a key concern for enterprises, banks, government organizations, telecommunication and hospitals as well as for individuals to secure data and assets. Keys, identity badges, and numeric keypads are used to prevent unauthorised access. Hand geometry biometrics deals with the structure of palm and fingers of an individual, width of the fingers, and thickness of the palm. Hand geometry scanners with infrared light and reflectors can be used for capturing the image. Since these features of an individual are not unique, hand geometry biometrics is not considered to be a fruitful method for the identification and verification of individuals. However, organizations are integrating hand geometry biometrics with smart cards to ensure improved verification of individuals. Multimodal biometrics is also another technique that is being used for authenticating individuals.

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 markets 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.

In 2017, the global Hand Geometry Biometrics market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global top players, covered
Allegion
ATR Systems
Honeywell Security
Tyco
Acroprint Time Recorder
Ibiosoft
Inception Technology
…

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into
Lengths of Finger
Width of Hand

Market segment by Application, split into
Government
Defence
Finance & Banking
Immigration & Travel
Commercial Security
Home Security
Healthcare
Consumer Electronics

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Table of Contents

Global Hand Geometry Biometrics Market Size, Status and Forecast 2025
1 Industry Overview of Hand Geometry Biometrics
1.1 Hand Geometry Biometrics Market Overview
1.1.1 Hand Geometry Biometrics Product Scope
1.1.2 Market Status and Outlook
1.2 Global Hand Geometry Biometrics Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Hand Geometry Biometrics Market by Type
1.3.1 Lengths of Finger
1.3.2 Width of Hand
1.4 Hand Geometry Biometrics Market by End Users/Application
1.4.1 Government
1.4.2 Defence
1.4.3 Finance & Banking
1.4.4 Immigration & Travel
1.4.5 Commercial Security
1.4.6 Home Security
1.4.7 Healthcare
1.4.8 Consumer Electronics

2 Global Hand Geometry Biometrics Competition Analysis by Players
2.1 Hand Geometry Biometrics Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 Allegion
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Hand Geometry Biometrics Revenue (Million USD) (2013-2018)
3.2 ATR Systems
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Hand Geometry Biometrics Revenue (Million USD) (2013-2018)
3.3 Honeywell Security
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Hand Geometry Biometrics Revenue (Million USD) (2013-2018)
3.4 Tyco
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Hand Geometry Biometrics Revenue (Million USD) (2013-2018)
3.5 Acroprint Time Recorder
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Hand Geometry Biometrics Revenue (Million USD) (2013-2018)

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