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Biometric Point-Of-Sales Terminals Market Key Player Analysis - Bitel, Biyo, Crossmatch, Danal, Ekemp, Fujitsu, Ingenico, M2SYS, Pay Tango, VeriFone, Zwipe, Zvetco & more
Biometric Point-Of-Sales Terminals
Biometrics technology is used for identification and authentication of people with the help of their biological and behavioral characteristics. An employee is asked for his user ID as soon as he logs into the retail PoS system.
However, without typing in his password, he can simply scan his finger on the biometric fingerprint reader. Every time an employee tries to access a password-protected area, he is required to scan his finger. This leads to increased accountability, which ensures protection from accidental and intentional damage to the company’s data.
This report studies the Biometric Point-Of-Sales Terminals market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Biometric Point-Of-Sales Terminals market by product type and applications/end industries.
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The emerging technologies in the payment systems and increasing number of PoS terminals are the primary growth drivers of the Biometric PoS Terminals market. Also, the rise in fraud in merchant PoS terminals is one of the major factors which is driving the growth of biometric PoS terminals market as biometrics makes it very difficult for the fraud to obtain the sensitive information of the cards and thus, enhancing the security of the transactions.
Apart from this, the increased usage of biometric PoS terminals in restaurants and the growth of the self-service market which includes retail check-outs and kiosks are the major factors which are fueling the growth of the biometric PoS terminal market. Moreover, the Biometric PoS Terminals helps to increase effectiveness and operational efficiency and thus, enhances the security of the payment systems, and due to this factor, many organizations are adopting biometric PoS terminals. During 2015, the fingerprint biometric segment dominated this market and accounted for close to 85% of the market share. Fingerprint biometric are easy to use and install which will aid in the growth of this segment until the end of 2020.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Biometric Point-Of-Sales Terminals.
The global Biometric Point-Of-Sales Terminals market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
Market Segment by Manufacturers, this report covers:
Bitel, Biyo, Crossmatch, Danal, Ekemp, Fujitsu, Ingenico, M2SYS, Pay Tango, VeriFone, Zwipe, Zvetco.
Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Market Segment by Type, covers:
Fingerprint Identification, Palm-Vein Identification, Facial Recognition, Iris Recognition, Retina Recognition, Voice Recognition.
Market Segment by Applications, can be divided into:
Restaurant, Retail, Logistics, Medical and Healthcare, Financial, Others.
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Research objectives:
To study and analyze the global Biometric Point-Of-Sales Terminals market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Biometric Point-Of-Sales Terminals market by identifying its various subsegments.
Focuses on the key global Biometric Point-Of-Sales Terminals players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Biometric Point-Of-Sales Terminals with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Biometric Point-Of-Sales Terminals submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Details on this Reports At: https://www.marketstudyreport.com/reports/global-biometric-point-of-sales-terminals-market-2018-by-manufacturers-countries-type-and-application-forecast-to-2023
Related Report:
Global Biometrics in Retail Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023
This report studies the Biometrics in Retail market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Biometrics in Retail market by product type and applications/end industries.
https://www.marketstudyreport.com/reports/global-biometrics-in-retail-market-2018-by-manufacturers-countries-type-and-application-forecast-to-2023
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