Persistence to release biometric palm scanner market report
Persistence Market Research will release a new report in September titled “Biometric Palm Scanner Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 – 2025”
Persistence analysts emphasize that one of palm scanner technology’s most important features is that the accuracy in scanning the palm is unaffected by external injuries on the palm, burns or other skin problems because palm vein pattern is subcutaneous and therefore unaffected by external injuries.
The report states that the demand for palm scanners is driven by the demand for safety and security in both public and private sectors.
Other benefits of biometric palm scanners including its high level of security, consistently accurate readability regardless of time and environment, and its growing application in healthcare and military sectors are all key factors that are driving the demand for the technology.
Conversely, the cost of implementing biometric palm scanner and its processing speed are significantly higher and lower, respectively, than biometric fingerprint scanner. As a result, adoption of biometric fingerprint scanner is more than that of biometric palm scanner.
The major segments of biometric palm scanner market in terms of application include security, time and attendance, user authentication for PCs or servers, person identification for records, OEM terminal devices (POS, ATMs, information kiosks), and others.
The key segments of biometric palm scanner market in regards to end-user include healthcare, government, security, financial/banking, education, manufacturing, hospitality, retail, and others.
One of the biggest trends in the global biometric palm scanner market is adoption of this technology by banks for use in ATMs, which allows customers to conduct a range of banking services by scanning their palms instead of swiping cards at the ATM.
The report lists Ogaki Kyoritsu Bank in Japan as one example of a bank that is currently using palm scanning technology to authenticate the identities of clients at ATMs.
The report highlights 3M, Dakar Software Systems, ePortation Inc, Fujitsu, Imprivata, Inc., M2SYS Technology and NEC Corporation of America as some of the key players in the biometric palm scanner market.