Palm Recognition Biometrics Market Size & Share, by Type (Palmprint, Palm Vein Biometrics); Component (Hardware, Software, Services); Technique (Line-Based, Subspace-Based, Texture-Based); Application (Security, User Authentication, Time & Attendance); End-user (BFSI, Healthcare, Government, Home Security, Commercial Security, Education, Military & Defense) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 2865
  • Published Date: Mar 16, 2023
  • Report Format: PDF, PPT

Companies Dominating the Palm Recognition Biometrics Landscape

    • Imprivata, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • BioSec Group Kft.
    • Fujitsu Limited
    • iDLink Systems Pte Ltd.
    • M2SYS Technology
    • Identytech Solutions America Inc.
    • Mantra Softech (India) Pvt. Ltd.
    • Redrock Biometrics
    • Matrix Comsec Pvt. Ltd.

Browse Key Market Insights with Data Illustration:


In The News

  • Imprivata, Inc. announced that it has launched the touchless biometric palm scanner, a solution designed by the joint expertise of Keyo, Inc. along with Imprivata. The touchless scanner is aimed at enabling healthcare organizations to ensure that clinicians have the access to the correct records of the patients.

  • BioSec Group ltd. announced that the integration of its LifePass biometric authentication middleware with the SIPORT access control and time tracking system of Siemens is under process. The integration of the middleware system of BioSec would benefit Siemens SIPORT system with the functionalities of palm vein recognition technology.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 2865
  • Published Date: Mar 16, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing prevalence of cybercrimes to boost the market growth and growing sales of smartphones across the globe are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 22% over the forecast period, i.e., 2023-2035.

Lack of awareness regarding IBS treatment and the side effects of IBS drugs are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are BioSec Group Kft., Fujitsu Limited, iDLink Systems Pte Ltd., M2SYS Technology, Identytech Solutions America Inc., Mantra Softech (India) Pvt. Ltd., Redrock Biometrics, Matrix Comsec Pvt. Ltd., and others.

The company profiles are selected based on the revenues generated from segments, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, component, technique, application, end-user industry, and by region.

The palmprint segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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