Hand Geometry Biometrics Market, Global Outlook and Forecast 2023-2032
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.
This report aims to provide a comprehensive presentation of the global market for Hand Geometry Biometrics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hand Geometry Biometrics. This report contains market size and forecasts of Hand Geometry Biometrics in global, including the following market information:
Global Hand Geometry Biometrics Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Hand Geometry Biometrics market was valued at US$ 4889 million in 2022 and is projected to reach US$ 14170 million by 2029, at a CAGR of 16.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The rising interest in biometric systems with multiple-point verification mechanism has a key impact on the global market. The technology used in hand geometry biometrics registers verification of several perimeters of the hand, including the finger length, the finger width and palm size. Unlike fingerprint biometrics, where unlawful access is still viable, it is nearly impossible to duplicate the print of an entire hand. Due to this, the hand geometry biometrics systems are being extensively implemented for authorisation operations.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hand Geometry Biometrics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hand Geometry Biometrics Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Hand Geometry Biometrics Market Segment Percentages, by Type, 2022 (%)
Lengths of Finger
Width of Hand
Global Hand Geometry Biometrics Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Hand Geometry Biometrics Market Segment Percentages, by Application, 2022 (%)
Government
Defence
Finance & Banking
Immigration & Travel
Commercial Security
Home Security
Healthcare
Consumer Electronics
Global Hand Geometry Biometrics Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Hand Geometry Biometrics Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hand Geometry Biometrics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Hand Geometry Biometrics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Allegion
ATR Systems
Honeywell Security
Johnson Controls
Acroprint Time Recorder
Ibiosoft
Inception Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hand Geometry Biometrics, market overview.
Chapter 2: Global Hand Geometry Biometrics market size in revenue.
Chapter 3: Detailed analysis of Hand Geometry Biometrics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hand Geometry Biometrics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
