Hand Geometry Biometrics Market 2028 BY Technology, Time and Attendance Systems ), Application and Geography | The Insight Partners

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Hand Geometry Biometrics Market to 2028 – COVID-19 Impact and Global Analysis – by Technology (Access Control (AC), Time and Attendance Systems (TNA)); Application (Government and Defense, BFSI, Travel and Tourism, Healthcare, Consumer Electronics, Others) and Geography

Report Code: TIPRE00019112 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming

A hand geometry biometric solution recognizes the identity of the user by the dimensions of their hands. This technique measures a user's hand over several areas and matches those dimensions to the measurements stored in a file. The implementation of biometric technology in numerous end-use industries has added extra value in recent years due to the public acceptance of biometric systems throughout the world.

The "Global Hand Geometry Biometrics Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the hand geometry biometrics market with detailed market segmentation by technology, application, and geography. The report provides key statistics on the market status of the leading hand geometry biometrics market players and offers key trends and opportunities in the market.

  • Based on technology, the market is segmented into Access Control (AC) and Time and Attendance Systems (TNA).
  • Based on application, the market is segmented into government and defense, BFSI, travel and tourism, healthcare, consumer electronics, and others.

  • Numerous key features have added valuation of this technology, including security benefits, efficient use, on-time result, and functional integration, which is expected to drive the growth of the hand geometry biometrics market.
  • Increasing use of hand geometry biometrics technology in industries such as banking and finance, consumer electronics, and retail for authentication and identification applications is driving the growth of the hand geometry biometrics market.
  • High cost may hinder the growth of the hand geometry biometrics market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The hand geometry biometrics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the hand geometry biometrics market in these regions.

COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.

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The report covers key developments in the hand geometry biometrics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the hand geometry biometrics market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market. 
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hand geometry biometrics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • 3M
  • Allegion plc
  • Facebanx
  • Fingerprint Cards AB
  • HID Global Corporation, part of ASSA ABLOY.
  • Safran
  • Siemens AG
  • Thales Group
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

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The List of Companies

1. 3M Company
2. Fingerprint Cards AB
3. HID Global Corporation, part of ASSA ABLOY.
4. Fulcrum Biometrics LLC.
5. Safran SA
7. RCG Holdings Limited
8. Siemens AG
9. Facebanx Ltd
10. Thales Group
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