The global market for palm recognition in payment and authentication solutions was valued at USD 1.1 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of around 18.5% from 2023 to 2033.
A new critical research report on the Palm Recognition In Payment And Authentication Solutions market has been added by We Markets. The goal of the report is to give international investors a radical new tool for making decisions about the Palm Recognition In Payment And Authentication Solutions market. The research study will contain key statistics, including total revenues, total sales, key products, important drivers, and obstacles, as well as the market’s overall worldwide revenues with historical analysis. With a trustworthy in-depth analysis of the Palm Recognition In Payment And Authentication Solutions market, the report data is taken from numerous primary and secondary information sources. The study paper uses international governing bodies as its main data sources and includes objective growth estimates as well as independent projection analyses.
The market for Palm Recognition in Payment and Authentication Solutions is increasing quickly and is predicted to do so for some time to come. Growing Demand for Contactless and Secure Payment Options The need for palm recognition technology in payment and identification systems is rising as a result of the growing need for safe and practical payment solutions. In the modern era of increased concern for cleanliness and security, palm identification offers a contactless and secure form of payment. Due to their high level of security and accuracy, biometric authentication methods—including palm recognition—are becoming more and more common.
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Company Profiles:
• Fujitsu
• NEC Corporation
• M2SYS Technology
• BIO-key International
• Suprema Inc.
• IDEMIA (formerly Safran Identity and Security)
• Crossmatch Technologies
• Aware Inc.
• ZKTeco Inc.
• HID Global Corporation
• Daon Inc.
• Precise Biometrics AB
• Thales Group
• Gemalto NV
• Cognitec Systems GmbH
Segmentation:
By Application
• Mobile payments
• Online payments
• Point-of-sale (POS) terminals
• Access control systems
• Others
By End-user Industry
• Banking and financial services
• e-Commerce
• Retail
• Hospitality
• Healthcare
• Government
• Others
Regions
North America,U.S.,Canada,Mexico,Europe,Germany,U.K.,France,Italy,Spain,Russia,Rest of Europe,Asia Pacific,China,Japan,India,Australia,Korea,Rest of Asia pacific,South America,Brazil,Argentina,Colombia,Rest of South America,Middle East & Africa,UAE,Saudi Arabia,Egypt,Oman,Kuwait,South Africa,Rest of MEA
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Key Issues Addressed:
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