Hand Geometry Biometrics Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027
The global hand geometry biometrics
market is anticipated to grow at a significant CAGR during the forecast period.
The major factor for growth of the market is the increasing awareness regarding
the security in commercial as well as personal spaces. The increasing adoption
of wireless security system across the globe is the major factor which will
fuel the growth of the market during the forecast period.
Biometrics is one of the fastest growing
technologies when it comes to securing perimeter. This technology is used to
measure various physical parameters such as fingerprint, eyes, face
recognition, iris pattern, voice recognition, among others. This technology
helps in identifying person’s physical characteristics to make a controlled
physical access to the infrastructure. There has been increase in the use of
hand-based biometrics in residential premises for preventing invasion and
burglary. The demand for biometric systems is increasing day by day due to the
automation trend. All these factors combined together will fuel the growth of
the market during the forecast period.
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Various organizations are implementing
smart cards which are integrated with hand geometry biometrics, further
improving verification of individuals. In the future years, hand geometrics is
going to be preferred choice due to its extreme reliability in harsh conditions
and its ability to identify correct information even when the usage is high.
Some of the key global market players in the hand geometry biometrics include
Dormakaba Holding, ASSA ABLOY, Johnson Controls, Allegion, Honeywell
International, and many others.
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Market
Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
o By
Technology
o By
Application
·
Competitive Landscape - Dormakaba Holding, ASSA
ABLOY, Johnson Controls, Allegion, Honeywell International., and many others.
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominates the market in
base year?
·
Which segment and region will project fastest
growth in the market?
·
How COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Global
Hand Geometry Biometrics Market - Segmentation
By
Technology
·
Access Control
·
Time and attendance systems
By
Applications
·
Government and Defense
·
BFSI
·
Travel and Tourism
·
Healthcare
·
Consumer Electronics
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Hand Geometry Biometrics Market– Segment by
Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
Dormakaba Holding
·
ASSA ABLOY
·
Johnson Controls
·
Allegion
·
Honeywell International.
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