Biometric Point-Of-Sales Terminals market research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Biometric Point-Of-Sales Terminals Market report 2016-2020 focuses on the major drivers and restraints for the key players. The Biometric Point-Of-Sales Terminals market research report is a professional and in-depth study on the current state of Biometric Point-Of-Sales Terminals Warming Devices Industry.
Analysts forecast the global Biometric Point-Of-Sales Terminals Warming Devices market to grow at a CAGR of 26.94% during the period 2016-2020.
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The research report covers the present scenario and the growth prospects of the global Biometric Point-Of-Sales Terminals industry for 2016-2020.
Biometrics refers to the identification and authentication of an individual based on their biological and behavioral characteristics. Biometrics include the authentication of an individual by evaluating one or more unique biological traits like fingerprint identification, palm-vein identification, facial recognition, iris recognition, retina identification, and voice recognition.
Biometric technology is widely preferred among enterprises and educational institutions for payment at POS terminals over traditional authentication methods involving passwords and personal identification numbers (PINs). This is because biometrics is difficult to replicate unlike passwords and PINs, which can be easily hacked. Biometric POS terminals, integrated with biometrics technology, are primarily used as a payment solution. However, biometric POS terminals are used to track employee time and attendance as well. With technological advances in hardware and sensors, a number of biometric technologies, such as keystroke and electroencephalogram (EEG), have been developed for the identification of individuals. These biometrics are mainly used by government authorities for identity verification.
The global biometric POS terminals market to grow at a CAGR of 26.94% during the period 2016-2020.
Key Vendors of Biometric Point-Of-Sales Terminals Market:
· DERMALOG Identification Systems
· Safran Morpho
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The Biometric Point-Of-Sales Terminals market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Biometric Point-Of-Sales Terminals market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Biometric Point-Of-Sales Terminals Market Driver:
· Rise in fraud at merchant POS terminals
Biometric Point-Of-Sales Terminals Market Challenge:
· Lack of standardization
Biometric Point-Of-Sales Terminals Market Trend:
· Adoption of biometric POS terminals in restaurants
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Geographical Segmentation Of Biometric Point-Of-Sales Terminals Market :
· Biometric Point-Of-Sales Terminals market in Americas
· Biometric Point-Of-Sales Terminals market in APAC
· Biometric Point-Of-Sales Terminals market in EMEA
The report provides a basic overview of the Biometric Point-Of-Sales Terminals industry including definitions, segmentation, applications, key vendors, market drivers and market challenges. The Biometric Point-Of-Sales Terminals market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status
Through the statistical analysis, the report depicts the global Biometric Point-Of-Sales Terminals market including capacity, production, production value, cost/profit, supply/demand and import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
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