Biometric Point-Of-Sales Terminals Market, Global Outlook and Forecast 2024-2030
This research report provides a comprehensive analysis of the Biometric Point-Of-Sales Terminals market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Biometric Point-Of-Sales Terminals market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Biometric Point-Of-Sales Terminals, challenges faced by the industry, and potential opportunities for market players.
The global Biometric Point-Of-Sales Terminals market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Biometric Point-Of-Sales Terminals market presents opportunities for various stakeholders, including Restaurant, Retail. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Biometric Point-Of-Sales Terminals market. Additionally, the growing consumer demand present avenues for market expansion.
The global Biometric Point-Of-Sales Terminals market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period.
The emerging technologies in the payment systems and increasing number of PoS terminals are the primary growth drivers of the Biometric PoS Terminals market. Also, the rise in fraud in merchant PoS terminals is one of the major factors which is driving the growth of biometric PoS terminals market as biometrics makes it very difficult for the fraud to obtain the sensitive information of the cards and thus, enhancing the security of the transactions. Apart from this, the increased usage of biometric PoS terminals in restaurants and the growth of the self-service market which includes retail check-outs and kiosks are the major factors which are fueling the growth of the biometric PoS terminal market. Moreover, the Biometric PoS Terminals helps to increase effectiveness and operational efficiency and thus, enhances the security of the payment systems, and due to this factor, many organizations are adopting biometric PoS terminals. During 2015, the fingerprint biometric segment dominated this market and accounted for close to 85% of the market share. Fingerprint biometric are easy to use and install which will aid in the growth of this segment until the end of 2020.
Key Features:
The research report on the Biometric Point-Of-Sales Terminals market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Biometric Point-Of-Sales Terminals market.
Market Overview: The report provides a comprehensive overview of the Biometric Point-Of-Sales Terminals market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Fingerprint Identification, Palm-Vein Identification), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Biometric Point-Of-Sales Terminals market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Biometric Point-Of-Sales Terminals market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Biometric Point-Of-Sales Terminals market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Biometric Point-Of-Sales Terminals market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Biometric Point-Of-Sales Terminals market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Biometric Point-Of-Sales Terminals market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Biometric Point-Of-Sales Terminals, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Biometric Point-Of-Sales Terminals market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Biometric Point-Of-Sales Terminals market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Fingerprint Identification
Palm-Vein Identification
Facial Recognition
Iris Recognition
Retina Recognition
Voice Recognition
Market segment by Application
Restaurant
Retail
Logistics
Medical and Healthcare
Financial
Others
Global Biometric Point-Of-Sales Terminals Market Segment Percentages, By Region and Country, 2023 (%)
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
Major players covered
Bitel
Biyo
Crossmatch
Danal
Ekemp
Fujitsu
Ingenico
M2SYS
Pay Tango
VeriFone
Zwipe
Zvetco
Outline of Major Chapters:
Chapter 1: Introduces the definition of Biometric Point-Of-Sales Terminals, market overview.
Chapter 2: Global Biometric Point-Of-Sales Terminals market size in revenue.
Chapter 3: Detailed analysis of Biometric Point-Of-Sales Terminals 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 Biometric Point-Of-Sales Terminals 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.
