Press release
Biometric Palm Scanner Market: Information, Figures and Analytical Insights 2017 – 2025
Get access to full summary @: http://www.persistencemarketresearch.com/market-research/biometric-palm-scanner-market.asp
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.
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.
Segmentation on basis of End-user for Biometric Palm Scanner Market:
The major segments of biometric palm scanner market on basis of end-user include: Healthcare, Government, Security, Financial/banking, Education, Manufacturing, Hospitality, Retail, Others.
Global Biometric Palm Scanner Market Trends
One of the important trends happening in the global biometric palm scanner market is adoption of this technology by banks for use in ATMs. This means that the customer can now carry out variety of banking services by scanning their palms instead of swiping cards at the ATM. One such instance is Ogaki Kyoritsu Bank in Japan which utilizes palm scanning technology.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/16579
Global Biometric Palm Scanner Competitive Landscape
Some of the prominent players in the biometric palm scanner market include 3M, Dakar Software Systems, ePortation Inc, Fujitsu, Imprivata, Inc., M2SYS Technology and NEC Corporation of America among others.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biometric Palm Scanner Market: Information, Figures and Analytical Insights 2017 – 2025 here
News-ID: 643875 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Biometric
Global Biometric Service Market Size by Application, Type, and Geography: Foreca …
According to Market Research Intellect, the global Biometric Service market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The biometric service market is witnessing rapid growth, fueled by increasing demand for advanced security solutions across various…
Prominent Biometric Cards Market Trend for 2025: Revolutionizing Payment Securit …
What market dynamics are playing a key role in accelerating the growth of the biometric cards market?
The burgeoning expansion of contactless payment systems is anticipated to spur the development of the biometric card market in the future. Contactless payment systems provide a secure means for consumers to purchase goods or services using their debit, credit, or smart cards by exploiting radio frequency identification (RFID) technology or near-field communication (NFC). The…
Prominent Biometric Sensor Market Trend for 2025: Pioneering Product Innovation …
Which drivers are expected to have the greatest impact on the over the biometric sensor market's growth?
The spike in identity theft incidents is predicted to bolster the expansion of the biometric sensor market. Identity theft involves the stolen personal data such as social security numbers, bank account or credit card details. Biometric techniques address all critical aspects of authentication, non-repudiation, confidentiality, and integrity, contributing substantially to curbing and extinguishing identity…
Key Biometric Cards Market Trend for 2025-2034: Revolutionizing Payment Security …
What Is the Future Outlook for the Biometric Cards Market's Size and Growth Rate?
In recent times, the size of the biometric cards market has expanded swiftly. Its growth is anticipated to soar from $13.03 billion in 2024 to reach $15.36 billion in 2025, with a compound annual growth rate (CAGR) of 17.9%. The surging growth during the historical span can be credited to enhanced security requirements, escalating concerns regarding fraud,…
Biometric Workforce Management Market Will Hit Big Revenues In Future | IDEMIA, …
Advance Market Analytics added research publication document on Worldwide Biometric Workforce Management Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Biometric Workforce Management market. The study provides valuable market size data for historical (Volume** & Value) from 2019 to 2022 which is estimated and forecasted till…
Biometric ATM Market Growing Penetration and Adoption of Voice Biometric Solutio …
The global biometric ATM market size is expected to be valued at US$ 1,960.5 million in 2022 and grow at a CAGR of 30.3% over the forecast period. Biometric ATMs are self-service automated teller machines (ATMs), or cash machines, that use a biometric measure to identify customers and allow them to withdraw cash. Biometric authentication may be the only customer identifier used, or it may be used in conjunction with…
