Global Biometric Point-of-Sale Terminals Market Evaluation & Growth Forecast with Double Digit CAGR by 2022


Published on : Jun 21, 2017

Albany, New York, June 21, 2017: The biometric point-of-sale (POS) terminals are increasingly being used for POS software provider to stay focus on their core competencies. It eliminates the use of barcodes and/or pin numbers that ultimately increase the overall operational efficiency of the business using the POS software system. To further, detail Market Research Hub (MRH) has lastly added an in-depth study titled as “Global Biometric Point-of-Sale Terminals Market Research Report 2017” to its vast report archive. The research report reveals a steady improvement of the market at a double-digit CAGR between 2016 and 2022.

The various organizations at the global scale are implementing biometric technology at various POS terminals to record and authorize time, attendance and other entry criteria. Also, the card, password or other important credentials that were previously punched in the POS can be hacked that may lead to fraudulent activities. Thus, biometric POS provide efficient and safe terminal adding to its market growth.  

The report commences with the biometric point-of-sale terminals market overview; product, scope and various market segments by product type, application, and various regions. The different product type compared by production and CAGR for 2012-2022 are fingerprint identification, palm-vein identification, facial recognition, voice identification and others. Moreover, the application discussed under the study for consumption analysis are healthcare, retail, finance & banking, and others. Moving further, on the global scale various regions are evaluated for market status and prospect stretching from 2012-2022. These regions include the United States, EU, China, Japan, South Korea and Taiwan.

In the next section, the global biometric point-of-sale terminals market competition (2012-2017) is evaluated for various manufacturers that include Bitel Co, KEMP Technologies, M2SYS Technology, CROSSMATCH, Fujitsu, Biyo Bright Co, Danal, Dermalog Identification Systems GmbH and Ingenico Group. The companies are listed along with company basic information, manufacturing base, sales area, its competitors, point-of-sale terminals product category, application, specification, companies’ biometric POS terminals capacity, production, revenue, price, Gross Margin (2012-2017), and finally the main business/business overview.

Lastly, the biometric POS manufacturing cost is analyzed that detail the key raw material, price trend of key raw material, key suppliers of raw material and market concentration rate. Further, the proportion of manufacturing cost structure is depicted with raw materials, labor cost, and manufacturing expenses. Moreover, the sourcing strategy, industrial chain, downstream buyers, marketing strategy analysis and distributors/traders are provided in the researched study. The report suspends with the market effect factors that analyze various threats owing to future advancements. At the end, forecast, 2017-2022, global biometric point-of-sale terminals market is detailed by above-discussed region, type, and application, thus suspending the detailed biometric POS terminals market overview.

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