A hand biometric reader is a system that captures and processes human hand geometry to create a digital biometric prototype that can be used to define identity and later validate it. Employee attendance and physical access applications often use hand biometric readers. Traditional timecards, which are vulnerable to time card theft and timesheet manipulation. Thus, the hand biometric readers offer a more safe and effective means of employee identification.
MARKET DYNAMICS
When compared to traditional security systems that rely on passwords, PINs, or smart cards, hand biometric systems are more fast, easy, and safe. Rise in international terrorism, organized crime, and illicit migration linked to identity theft and document fraud is fueling the adoption of the same among various industry vertical across the globe.
MARKET SCOPE
The "Global Hand Biometrics Reader Market Analysis To 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The hand biometrics reader market report aims to provide an overview of the hand biometrics reader market with detailed market segmentation by application, industry, and geography. The global hand biometrics reader market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hand biometrics reader market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hand biometrics reader market is segmented based on application and industry. Based on application, the hand biometrics reader market is segmented into access control, time and attendance systems. Based on industry, the hand biometrics reader market is segmented into government and defense, hospitality, healthcare, it and telecommunication, education, BFSI, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hand biometrics reader market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hand biometrics reader market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hand biometrics reader market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the hand biometrics reader market in these regions.
MARKET PLAYERS
The reports cover key developments in the hand biometrics reader market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from hand biometrics reader market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the hand biometrics reader market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hand biometrics reader market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Inception Technologies
- Ibiosoft Ltd
- ATR Systems, Inc.
- Rosistem
- Fulcrum Biometrics LLC.
- Siemens
- FUJITSU
- Honeywell International Inc
- Attendance on Demand, Inc.
- Bayometric
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.