Hand Geometry Biometrics Market

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.

Hand Geometry Biometrics Market 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. Hand Geometry Biometrics Market 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.