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Global Palm Vein Biometrics Market 2016-2020

Published By :

Technavio

Published Date : Apr 2016

Category :

Biometrics

No. of Pages : 56 Pages

About Palm Vein Biometrics

Security of data and assets is a key concern for enterprises, banks, government organizations, telecommunication, and hospitals as well as for individuals. Keys, identity badges, and numeric keypads have been used traditionally to prevent unauthorized access. With technological advances, two-factor authentication was introduced, where individuals gain access to secure premises after they are authenticated twice on the basis of hardware devices and numeric codes. However, it was easy for hackers to gain access to hardware devices and obtaining numeric codes, which increased security risks.
Palm vein recognition is a contactless technology that compares the palm vein scan stored in the database with the image of palm veins of an individual captured at that instant. This technology is being used by organizations in sectors such as BFSI, transportation, utilities, government, and payment card for identification and authentication of individuals to deter fraudulent activities.

Technavios analysts forecast the global palm vein biometrics market to grow at a CAGR of 22.46% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global palm vein biometrics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of palm vein biometric systems.

The market is divided into the following segments based on geography:
North America
APAC
Europe
South America
MEA

Technavio's report, Global Palm Vein Biometrics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BioEnable
Fujitsu
M2SYS
Tyco

Other prominent vendors
IdentyTech Solutions
iDLink Systems
Imprivata
Mantra Softech
Matrix Security Solutions

Market driver
Availability of cost-effective and user-friendly security solutions
For a full, detailed list, view our report

Market challenge
Privacy issues with biometric data
For a full, detailed list, view our report

Market trend
Emergence of multi-factor authentication
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market description
Workflow of palm vein biometric systems
Advantages and disadvantages of palm vein biometrics
Applications of palm vein biometrics
PART 06: Market landscape
Market overview
Palm vein recognition technology in global biometrics market
Global palm vein biometrics market
PART 07: Life cycle analysis
PART 08: Market opportunities and developments
Emergence of mobile biometrics
Internet of Things (IoT)
Contactless payments
PART 09: Market segmentation by end-user
Segmentation of global palm vein biometrics market by end-user
Global palm vein biometrics market by BFSI sector
Global palm vein biometrics market by education sector
Global palm vein biometrics market by healthcare sector
PART 10: Geographical segmentation
Segmentation of global palm vein biometrics market by region
Leading and emerging countries
PART 11: Buying criteria
PART 12: Value chain
PART 13: Market trends
Growing adoption of multimodal biometrics
Emergence of multi-factor authentication
Emergence of SSO
Emergence of palm vein biometrics in different sectors
PART 14: Market challenges
Privacy issues with biometric data
Vulnerability of biometric systems
Lack of established international standards
High TCO
PART 15: Five forces model
PART 16: Vendor landscape
Competitive scenario
Product offerings
Vendor description
BioEnable
Fujitsu
M2SYS
Tyco
Vendor matrix
Competitive rating
Partnerships
Other prominent vendors
PART 17: Appendix
List of abbreviations
PART 18: Explore Technavio



List of Exhibits
Exhibit 01: Workflow of palm vein biometric systems
Exhibit 02: Global palm vein biometrics market
Exhibit 03: Palm vein recognition technology in global biometrics market 2015 and 2020 (% share)
Exhibit 04: Global palm vein biometrics market 2015-2020 ($ millions)
Exhibit 05: Life cycle analysis
Exhibit 06: Segmentation of global palm vein biometrics market by end-user 2015-2020 (% share)
Exhibit 07: Global palm vein biometrics market by BFSI sector 2015-2020 ($ millions)
Exhibit 08: Global palm vein biometrics market by education sector 2015-2020 ($ millions)
Exhibit 09: Global palm vein biometrics market by healthcare sector 2015-2020 ($ millions)
Exhibit 10: Segmentation of global palm vein biometrics market by region 2015-2020 (% share)
Exhibit 11: Segmentation of global palm vein biometrics market by region 2015-2020 ($ millions)
Exhibit 12: Palm vein recognition market comparison of leading regions 2015-2020 ($ millions)
Exhibit 13: Palm vein recognition market comparison of emerging regions 2015-2020 ($ millions)
Exhibit 14: Buying criteria
Exhibit 15: Value chain
Exhibit 16: Five forces analysis
Exhibit 17: Product offerings
Exhibit 18: Vendor matrix
Exhibit 19: Competitive rating
Exhibit 20: Partnerships
Exhibit 21: Other prominent vendors

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