Press release
Biometric ATM Market Outlook 2023 - SUPREMA, Safran, NEC Corporation, Infineon Technologies, CrossMatch Technologies, Fulcrum Biometrics
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The biometric ATM market is expected to experience significant growth during the forecast period as the adoption of biometric ATM is on an increase, owing to different benefits, which include reduced transaction time, provision of better security that deter crimes (internet banking fraud, money laundering, and theft bankers identification). However, lack of awareness among consumers is expected to hinder the market growth. Moreover, growth in demand of biometric ATM in the emerging market such as China, Brazil, and India is expected to offer ample of opportunities for the market growth.
The report segments the biometric ATM market on the basis of application, product type, and geography. On the basis of application, it is bifurcated into withdrawals and deposits. On the basis of product-type, it is divided into iris recognition, fingerprint biometrics, voice recognition, facial recognition, and others. By geography, it is analyzed across North America, Europe, AsiaPacific, and LAMEA.
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Biometric ATM Market Key Segments:
By Application
• Withdrawals
• Deposits
By Product-Type
• Iris Recognition
• Fingerprint Biometrics
• Voice Recognition
• Facial Recognition
Chapter: 5 GLOBAL BIOMETRIC ATM MARKET, BY PRODUCT-TYPE
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. IRIS RECOGNITION
5.2.1. Market size and forecast
5.3. FINGERPRINT BIOMETRICS
5.3.1. Market size and forecast
5.4. VOICE RECOGNITION
5.4.1. Market size and forecast
5.5. FACIAL RECOGNITION
5.5.1. Market size and forecast
5.6. OTHERS
5.6.1. Market size and forecast
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