The hand geometry biometrics market is anticipated to grow at a CAGR of 16.9% from 2022 to 2032, reaching US$ 22.9 billion by that time. Biometric hand geometry solutions can recognise a user based on the measurements of their hand. This method measures the user’s hand several times and compares those measurements to measurements that have already been saved in a file.
The widespread public acceptance of biometric systems over the past few decades has contributed additional value to the implementation of this biometrics technology in numerous end-use industries. Furthermore, on a global level, hand geometry biometric technology represents a significant advancement in the field of biometric technologies.
The hand geometry biometrics market refers to the industry that provides biometric authentication solutions based on the analysis of an individual’s hand shape and size. Hand geometry biometric systems use algorithms to analyze various characteristics of a person’s hand, such as finger length, width, and thickness, as well as the shape of the palm and fingers.
Hand geometry biometrics technology is widely used in applications such as time and attendance tracking, access control, and secure authentication for financial transactions. The technology is considered highly reliable and accurate, and is less affected by environmental factors such as dirt, moisture, and temperature changes, which can impact other biometric technologies such as fingerprint scanning.
The market for hand geometry biometrics is driven by factors such as increasing demand for secure authentication and identity verification solutions, growing concerns about identity theft and fraud, and the increasing adoption of biometric technologies in various industries.
Competitive Landscape
Companies that provide hand geometry biometrics scanners are either company that has a strong portfolio of electronic services and solutions or operate in the security industry. Different forms of biometrics, like iris and fingerprint scanners, can act as a competition to the hand geometry biometric scanner market in numerous commercial domains.
- In May 2022, Fingerprint Cards AB and BCC, a leading Taiwan-based card manufacturer, collaborated to develop and deploy biometric cards for both global market access and payments. The collaboration between Fingerprints and BCC will shape the future of the payments industry as it enables cutting-edge biometric payments and access cards around the world. Businesses and banks can now offer secure and convenient biometric authentication not only for physical and logical access applications but also for payment transactions.
Hand Geometry Biometrics Scanner by Category
By Type of Product:
- Palm Scanner
- Biometric Software
By Enterprise Size:
- SMEs
- Large Enterprises
By Application:
- Access Control
- Time & Attendance
- Canteen Management
- Contract Management
- Visitor Management
- Others
By End Use Industry:
- Pharmaceutical & Research
- Corporate Offices
- Engineering & Manufacturing
- Banking & Finance
- Education & Learning
- Hospitals & Healthcare
- Construction Projects
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
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