Newly released market study: Global Hand Geometry Biometrics Market 2015-2019

From: Fast Market Research, Inc.
Published: Mon Sep 07 2015


Security has been a key concern for enterprises, banks, government organizations, telecommunication and hospitals as well as for individuals to secure data and assets. Keys, identity badges, and numeric keypads are used to prevent unauthorised access. Hand geometry biometrics deals with the structure of palm and fingers of an individual, width of the fingers, and thickness of the palm. Hand geometry scanners with infrared light and reflectors can be used for capturing the image. Since these features of an individual are not unique, hand geometry biometrics is not considered to be a fruitful method for the identification and verification of individuals. However, organizations are integrating hand geometry biometrics with smart cards to ensure improved verification of individuals. Multimodal biometrics is also another technique that is being used for authenticating individuals.

Technavio's analysts forecast the global hand geometry biometrics market to grow at a CAGR of 22.09% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "Multimodal biometrics include a combination of two or more biometric technologies for verification and identification purposes. In certain situations, one form of biometric identification does not provide accurate results. Multimodal biometrics are more accurate because they identify individuals using two or more biometrics, such as a combination of hand patterns, irises, and voice. These biometric systems are more accurate, reliable, secure, and capable of preventing spoofing attacks. Therefore, these systems are widely used by border security forces. Some multimodal biometrics are available with both fingerprint and hand geometry recognition in a single device, which is very cost-effective."

According to the report, hand geometry biometrics are highly durable and have the ability to function in harsh environments. In the government sector, they are being used for time and attendance management. Also, they help control unauthorized access to secure areas of an organization. Contactless hand geometry biometric devices are not affected by soiled hands of workers at construction sites. The technology can be used at government utilities such as nuclear plants, water treatment plants, and oil and gas plants as the devices are resistant to high temperatures in the range of -30degF-150degF. Also, the technology is more efficient than other biometric technologies.

Further, the report states that biometric data stored in a government database during enrollment processes can be misused by government agencies for surveillance purposes without consent.

The key players in the Global Hand Geometry Biometrics Market are Allegion, ATR Systems, Honeywell Security and Tyco while other prominent vendors include Acroprint Time Recorder, Ibiosoft, Inception Technology and Uniclox Technologies

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit - http://www.technavio.com/report/hand-geometry-biometrics-market

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