Global Hand Geometry Biometric Industry

Global Hand Geometry Biometric Industry

  • October 2019 •
  • 71 pages •
  • Report ID: 5818229 •
  • Format: PDF
Hand Geometry Biometric market worldwide is projected to grow by US$9.1 Billion, driven by a compounded growth of 21.4%. Hand Geometry Biometric, one of the segments analyzed and sized in this study, displays the potential to grow at over 21.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$12.2 Billion by the year 2025, Hand Geometry Biometric will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 24.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$300.7 Million to the region’s size and clout in the next 5 to 6 years. Over US$420.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Hand Geometry Biometric will reach a market size of US$797.7 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 20.6% over the next couple of years and add approximately US$1.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include among others, Fujitsu Limited; 3M Company; Siemens AG; NEC Corporation; Thales Group; HID Global Corporation; Safran SA; Fingerprint Cards AB; Suprema Inc.; ValidSoft UK Limited; Fulcrum Biometrics, LLC; Facebanx