This report studies the global Biometric Point-Of-Sales Terminals market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Biometric Point-Of-Sales Terminals market by companies, region, type and end-use industry.
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.
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.
In 2017, the global Biometric Point-Of-Sales Terminals market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
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This report focuses on the global top players, covered
Bitel
Biyo
Crossmatch
Danal
Ekemp
Fujitsu
Ingenico
M2SYS
Pay Tango
VeriFone
Zwipe
Zvetco
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Market segment by Type, the product can be split into
Fingerprint Identification
Palm-Vein Identification
Facial Recognition
Iris Recognition
Retina Recognition
Voice Recognition
Market segment by Application, split into
Restaurant
Retail
Logistics
Medical and Healthcare
Financial
Others
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Some Point from TOC:
Chapter One: Industry Overview of Biometric Point-Of-Sales Terminals
Chapter Two: Global Biometric Point-Of-Sales Terminals Competition Analysis by Players
Chapter Three: Company (Top Players) Profiles
Chapter Four: Global Biometric Point-Of-Sales Terminals Market Size by Type and Application (2013-2018)
Chapter Five: United States Biometric Point-Of-Sales Terminals Development Status and Outlook
….Continued
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