Hand Geometry Biometrics Market Is Booming Worldwide | Leading Key Players: Allegion, ATR Systems, Honeywell Security

HTF MI recently introduced Global Hand Geometry Biometrics Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Allegion, ATR Systems, Honeywell Security, Tyco, Acroprint Time Recorder, Ibiosoft & Inception Technology etc.

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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 market's 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 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.

Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on " Hand Geometry Biometrics Market by Type (Lengths of Finger & Width of Hand), by End-Users/Application (Government, Defence, Finance & Banking, Immigration & Travel, Commercial Security, Home Security, Healthcare & Consumer Electronics), Organization Size, Industry, and Region - Forecast to 2023". Early buyers will receive 10% customization on comprehensive study.

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Allegion, ATR Systems, Honeywell Security, Tyco, Acroprint Time Recorder, Ibiosoft & Inception Technology includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Market Segments:
The Global Hand Geometry Biometrics Market has been divided into type, application, and region.
On The Basis Of Type: Lengths of Finger & Width of Hand.
On The Basis Of Application: Government, Defence, Finance & Banking, Immigration & Travel, Commercial Security, Home Security, Healthcare & Consumer Electronics
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Hand Geometry Biometrics in these regions, from 2013 to 2023 (forecast), covering
• North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

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Have a look at some extracts from Table of Content

Introduction about Global Hand Geometry Biometrics

Global Hand Geometry Biometrics Market Size (Sales) Market Share by Type (Product Category) in 2017
Hand Geometry Biometrics Market by Application/End Users
Global Hand Geometry Biometrics Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [Government, Defence, Finance & Banking, Immigration & Travel, Commercial Security, Home Security, Healthcare & Consumer Electronics]
Global Hand Geometry Biometrics Sales and Growth Rate (2013-2023)
Hand Geometry Biometrics Competition by Players/Suppliers, Region, Type and Application
Hand Geometry Biometrics (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Hand Geometry Biometrics Players/Suppliers Profiles and Sales Data

Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers

Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include Lengths of Finger & Width of Hand
Hand Geometry Biometrics Manufacturing Cost Analysis
Hand Geometry Biometrics Key Raw Materials Analysis
Hand Geometry Biometrics Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2018-2023)
........and more in complete table of Contents

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