Global Biometric Point-Of-Sales Terminals Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Biometric Point-Of-Sales Terminals Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Biometric Point-Of-Sales Terminals market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Biometrics technology is used for identification and authentication of people with the help of their biological and behavioral characteristics. An employee is asked for his user ID as soon as he logs into the retail PoS system. However, without typing in his password, he can simply scan his finger on the biometric fingerprint reader. Every time an employee tries to access a password-protected area, he is required to scan his finger. This leads to increased accountability, which ensures protection from accidental and intentional damage to the company’s data.

The emerging technologies in the payment systems and increasing number of PoS terminals are the primary growth drivers of the Biometric PoS Terminals market. Also, the rise in fraud in merchant PoS terminals is one of the major factors which is driving the growth of biometric PoS terminals market as biometrics makes it very difficult for the fraud to obtain the sensitive information of the cards and thus, enhancing the security of the transactions. Apart from this, the increased usage of biometric PoS terminals in restaurants and the growth of the self-service market which includes retail check-outs and kiosks are the major factors which are fueling the growth of the biometric PoS terminal market. Moreover, the Biometric PoS Terminals helps to increase effectiveness and operational efficiency and thus, enhances the security of the payment systems, and due to this factor, many organizations are adopting biometric PoS terminals. During 2015, the fingerprint biometric segment dominated this market and accounted for close to 85% of the market share. Fingerprint biometric are easy to use and install which will aid in the growth of this segment until the end of 2020.

The Global Info Research report includes an overview of the development of the Biometric Point-Of-Sales Terminals industry chain, the market status of Restaurant (Fingerprint Identification, Palm-Vein Identification), Retail (Fingerprint Identification, Palm-Vein Identification), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Biometric Point-Of-Sales Terminals.

Regionally, the report analyzes the Biometric Point-Of-Sales Terminals markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Biometric Point-Of-Sales Terminals market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Biometric Point-Of-Sales Terminals market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Biometric Point-Of-Sales Terminals industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Fingerprint Identification, Palm-Vein Identification).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Biometric Point-Of-Sales Terminals market.

Regional Analysis: The report involves examining the Biometric Point-Of-Sales Terminals market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Biometric Point-Of-Sales Terminals market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Biometric Point-Of-Sales Terminals:

Company Analysis: Report covers individual Biometric Point-Of-Sales Terminals players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Biometric Point-Of-Sales Terminals This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Restaurant, Retail).

Technology Analysis: Report covers specific technologies relevant to Biometric Point-Of-Sales Terminals. It assesses the current state, advancements, and potential future developments in Biometric Point-Of-Sales Terminals areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Biometric Point-Of-Sales Terminals market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Biometric Point-Of-Sales Terminals market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Fingerprint Identification
Palm-Vein Identification
Facial Recognition
Iris Recognition
Retina Recognition
Voice Recognition

Market segment by Application
Restaurant
Retail
Logistics
Medical and Healthcare
Financial
Others

Market segment by players, this report covers
Bitel
Biyo
Crossmatch
Danal
Ekemp
Fujitsu
Ingenico
M2SYS
Pay Tango
VeriFone
Zwipe
Zvetco

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Biometric Point-Of-Sales Terminals product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Biometric Point-Of-Sales Terminals, with revenue, gross margin and global market share of Biometric Point-Of-Sales Terminals from 2019 to 2024.

Chapter 3, the Biometric Point-Of-Sales Terminals competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Biometric Point-Of-Sales Terminals market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Biometric Point-Of-Sales Terminals.

Chapter 13, to describe Biometric Point-Of-Sales Terminals research findings and conclusion.