A hand geometry biometric solution recognize the user identity by the
dimension of their hands. This technology measures a user's hand
along several extents and match those dimensions to measurements
stored in a file. Owing to the public acceptance of biometric systems
across the globe, the execution of this biometric technology in
numerous end use industries has added extra value in last few
decades. In addition, this hand geometry biometrics technology is a
major invention of the global biometric technologies industry. There
are numerous key features has added valuation of this technology
which includes efficient use and on time result, security benefits
and functional integration among others are expected to drive the
growth of this product market during the forecast period. The global
Hand
Geometry Biometric market is well-established, owing to
widespread use in time & attendance maintenance applications in
various end use industry. This hand geometry biometric technology
also majorly finds widespread use in time & attendance
maintenance applications. The market of hand geometry biometric is
predicted to be stable during the forecast period from 2017 to 2025.
The global Hand Geometry Biometric market has been segmented on the
basis of end use and geography. Based on end use, global Hand
Geometry Biometric market has been bifurcated into government,
defense, banking and finance, travel and tourism, security and
healthcare among others. Hand geometry scanners with reflectors and
infrared light is used for taking the hand image. However, the method
are used for measuring individual identity are not unique. Thus, this
solution is not considered to be a fruitful method for the
verification and identification of every individuals. This factor is
expected to restraining the growth of this product market in coming
years. In addition, various organizations are installing this hand
geometry biometrics with the help of smart cards to improve their
verification of individuals. This in turn is triggering the demand of
Hand Geometry Biometric market in coming years. Moreover, multimodal
biometrics technology is also additional type technique which is used
by various end use industry such as banking and financial, retail,
others for authenticating individuals. Therefore, the hand geometry
biometric are expected to grow at a faster rate in the upcoming
years. Hand geometry biometric is expected to remain a perfect choice
for end user confirmation in harsh work situations and able to
identify the correct information from the large workforce. Relatively
simple technology architecture, low upfront costs, and less
intrusiveness among others factor is expected to increase the
adoption of this technology market in coming years. Across the globe,
various end use industry are installing this system in cloud
computing to address breach concerns which is also act as an major
factor for the development of new services and products. Another
aspect contributing to the growth of this biometrics is their
increasing usage for over the years, this hand geometry biometric
technology has been driven by government rules and regulations
instructing stringent security methods to be in place for major
commercial and infrastructure centers such as factories, office
buildings, nuclear plants, healthcare facilities, universities and
hospitality among others. On the flip side, technological problem
associate with this product is predicted to hinder the growth of the
global Hand Geometry Biometric market in coming years.
Geographically, global Hand Geometry Biometric market has been
segmented into North America, Europe, Asia Pacific, Middle- East &
Africa (MEA) and Latin America. In 2016, North America held the
highest market share of global Hand Geometry Biometric market. Rising
security concerns owing to the crimes and terror attacks and rising
government initiative such as e-passports verification, national
voting and identification programs, others are largely accountable
for the growth of this product market in North America region. Rapid
development in public sector, construction, residential and
commercial in Asia Pacific region will create new opportunities for
hand geometry biometrics based access control systems in coming
years.
The global Hand Geometry Biometric market consists of many renowned
players such as Fingerprint Cards AB (Sweden), Cross Match
Technologies Inc. (The U.S), 3M Company (The U.S), Fujitsu Ltd.
(Japan), Safran SA (France), Facebanx (The U.K), NCE Corporation (The
U.S), RCG Holdings Limited (China), Siemens AG (Germany), Fulcrum
Biometrics LLC. (The U.S), Validsoft UK Ltd. (The U.K) among others.
The report offers a comprehensive evaluation of the market. It does
so via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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