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Global Hand Geometry Biometrics Market to Grow at a CAGR of 22.09% over Forecast 2015-2019

ResearchMoz added Latest Research Report titled " Global Hand Geometry Biometrics Market 2015-2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

 

Albany, NY -- (SBWIRE) -- 07/27/2016 -- 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 global hand geometry biometrics market to grow at a CAGR of 22.09% over the period 2014-2019. This report covers the present scenario and the growth prospects of the global hand geometry biometrics market for the period 2015-2019.

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To calculate the market size, the report considers the revenue generated from the sales of hand geometry biometric solutions. These include sensor, scanners, software, hardware, integrated solutions, and database for hand geometry provided by vendors. In addition, the report includes revenue generated from hardware, software, and integrated solutions. Revenues generated from after sales services are not included to calculate the market size.

The report provides a detailed analysis of the following:

- End-users: Enterprises, residential users, and government sector
- Geographies: North America, APAC, Europe, Latin America, and MEA

The market is highly fragmented with the presence of a large number of small and large vendors. A detailed product and feature comparison for the key leading vendors is provided in the report.

In addition, the report discusses the major drivers that influence the growth of the global hand geometry biometrics market. It also outlines the risks faced by vendors and the market at large, as well as the key trends that are emerging in the market.

Key regions
- North America
- Europe
- APAC
- Latin America
- MEA

Key vendors
- Allegion
- ATR Systems
- Honeywell Security
- Tyco

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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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