+35% CAGR Growth TO BE Archived By Biometric ATM Sales Market 2018 the Report Focus On Top Companies Like Siemens AG, Cisco Systems, Robert Bosch GmbH, Tyco International, Honeywell International, Panasonic Corporation, Diebold, Glory

Biometric system uniquely identifies biological traits. Unique identifiers include fingerprints, voice waves, iris patterns, and others. Increase in application of biometric technology for better security purpose in various sector such as BFSI, airports, automobiles, offices, and others drive the biometric technology market.

Many industries have adopted biometric technology, but finance already exists. In places where fraud is high and law enforcement is low, cash machines with fingerprint readers, vein imaging and iris imaging are increasingly being used. Innovative point-of-sale (POS) certification requires fingerprints, facial recognition, or electrocardiograms. In addition, mobile banking can be verified through various types of biometrics and can only be read on the customer's device. Senior Analyst at Research N Reports Predicts The Biometric ATM Sales Market is Expected to Grow at a CAGR of 35% By 2023.

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Top Companies Studied In This Report are:
Siemens AG, Hitachi Ltd., Magal Security Systems.Ltd., Cisco Systems, Inc., Robert Bosch GmbH, Tyco International Plc., Honeywell International.Inc., Panasonic Corporation, Diebold Inc., Glory ltd

Integration of biometrics across smartphones, the introduction of e-passports and increasing adoption of the technology across sectors such as healthcare & banking is projected to drive biometric market demand. Furthermore, varied technological advancements, increasing disposable income combined with growing awareness of the technology is expected to increase demand. Biometric data protection is increasingly replacing photographs, passports, and PIN codes in government centers, educational institutes, and workplace. BYOD (Bring Your Own Device) technology in workplaces and the increasing storage of crucial data on devices are the impetus to the surging demand.

The Biometric ATM Sales market is expected to increase due to the increase in innovative technologies with lower accuracy and lower implementation costs. EEG and ECG are new technologies that are expected to lead the market. These techniques increase the fraud by tracking the distinct characteristics of the heart and brain patterns of a particular individual. Behavior identification patterns such as typing rhythm, gait, and voice are gaining popularity due to the need for a more robust security system. An operational signature is an identification mode that captures the template as a confirmation of how people are using it. The system is expected to be used in remote robot surgery systems to distinguish unique users.

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Biometric ATM Sales use can be divided into two categories, including consumer-oriented and enterprise-use cases. Consumer use cases provide limited access to personal and corporate data by configuring high-volume sales at low prices, such as identification and secure use of mobile devices and other consumer electronic devices. They use technology such as fingerprint recognition, which is a cost-effective technology primarily for the consumer sector. Enterprise-oriented use cases often deploy advanced technology at a higher cost, but the amount of transactions performed is relatively small. The government and the Department of Defense adopt advanced mechanisms to track offenders and maintain homeland security.

Regional Outlook:

This report categorizes the biometric ATM market based on application, product type and region. On the basis of the application, it is divided into two parts by withdrawal and deposit. Depending on the product type, it is divided into iris recognition, fingerprint biometrics, speech recognition, and face recognition. Geographic information is analyzed in North America, Europe, Asia Pacific and LAMEA.

The Biometric ATM Sales Market Report mainly covers following Content.
Chapter 1 Biometric ATM Sales Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…

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