Press release
Biometric Palm Scanner Market Expansion Projected to Gain an Uptick During 2017 - 2025
One of the most important feature of biometric palm scanner technology is that the accuracy in scanning the palm is not affected by external injuries on the palm, burns or other skin problems. This is because palm vein pattern is subcutaneous and does not get affected by external injuries. The demand for biometric palm scanner is driven by the demand for safety and security in public as well as private sectors.
Biometric Palm Scanner Market: Drivers and Restraints
The various benefits of biometric palm scanner is leading to its increased demand. High security is guaranteed as the biometric palm scanner scans veins pattern which is located inside the body and therefore is prevented from forgery or theft. Furthermore, in long term, an individual’s fingerprint might get affected by several factors such as age and environment. However, the vein pattern remains untouched which facilitates accurate readability by biometric palm scanners. Also, the growing application of biometric palm scanners in healthcare and military sectors is also driving the demand for this technology.
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However, the cost of implementing biometric palm scanner is very high in comparison to biometric fingerprint scanner. Therefore, adoption of biometric fingerprint scanner is more than that of biometric palm scanner. Further, the processing speed of biometric palm scanner is also low as compared to biometric palm scanner.
Global Biometric Palm Scanner Market: Market Segmentation
Global Biometric Palm Scanner Market can be divided into two segments, based on Application and End-user industry.
Segmentation on basis of Application for Biometric Palm Scanner Market:
The major segments of biometric palm scanner market on basis of application include:
Security
Time and Attendance
User authentication for PCs or servers
Person identification for records
OEM terminal devices (POS, ATMs, information kiosks)
Others
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