Biometric Point-Of- Terminals Market

Biometrics technology is used for identification and authentication of people with the help of their biological and behavioral characteristics. An employee is asked for his user ID as soon as he logs into the retail PoS system. However, without typing in his password, he can simply scan his finger on the biometric fingerprint reader. Every time an employee tries to access a password-protected area, he is required to scan his finger. This leads to increased accountability, which ensures protection from accidental and intentional damage to the company?s data.

Biometric Point-Of- Terminals Market aims to provide a comprehensive presentation of the global market for Biometric Point-Of-Sales Terminals, 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 Biometric Point-Of-Sales Terminals. Biometric Point-Of- Terminals Market contains market size and forecasts of Biometric Point-Of-Sales Terminals in global, including the following market information:

Global Biometric Point-Of-Sales Terminals Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global top five companies in 2022 (%)

The global Biometric Point-Of-Sales Terminals market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biometric Point-Of-Sales Terminals 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 Biometric Point-Of-Sales Terminals Market, by Type, 2018-2023, 2024-2032 ($ millions)

Global Biometric Point-Of-Sales Terminals Market Segment Percentages, by Type, 2022 (%)

Fingerprint Identification

Palm-Vein Identification

Facial Recognition

Iris Recognition

Retina Recognition

Voice Recognition

Global Biometric Point-Of-Sales Terminals Market, by Application, 2018-2023, 2024-2032 ($ millions)

Global Biometric Point-Of-Sales Terminals Market Segment Percentages, by Application, 2022 (%)

Restaurant

Retail

Logistics

Medical and Healthcare

Financial

Others

Global Biometric Point-Of-Sales Terminals Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)

Global Biometric Point-Of-Sales Terminals 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 Biometric Point-Of-Sales Terminals revenues in global market, 2018-2023 (estimated), ($ millions)

Key companies Biometric Point-Of-Sales Terminals revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

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.