Biometric technology is an automated access monitoring system, based on behavioral or physiological characteristics, used for verification and recognition of a manual access. Financial sector is emerging as one of the key application area of biometric authentication system. Physiological characteristic is the most commonly used individual characteristic used for authenticating the genuine card holder, fingerprint authentication type being the most prominent revenue generator, with a market share of 48.5% in 2014. Consumers in India and other emerging countries are supporting biometric scanning for secure bank transactions. In addition, rural consumers in the developing and developed countries are readily accepting such technologies owing to rising ATM card frauds and other security concerns.
2. ABSTRACT
Biometric technology is an automated access monitoring system, based on behavioral or
physiological characteristics, used for verification and recognition of a manual access. Financial
sector is emerging as one of the key application area of biometric authentication system.
Physiological characteristic is the most commonly used individual characteristic used for
authenticating the genuine card holder, fingerprint authentication type being the most prominent
revenue generator, with a market share of 48.5% in 2014. Consumers in India and other emerging
countries are supporting biometric scanning for secure bank transactions. In addition, rural
consumers in the developing and developed countries are readily accepting such technologies
owing to rising ATM card frauds and other security concerns.
The market of biometric ATM is further segmented based on the authentication type (Fingerprint,
Iris Recognition, Palm recognition, Vein recognition, Face Recognition and Voice Recognition
among others). The report also highlights the market based on solution type into deployment and
managed services. For better understanding of the market penetration of biometric technology at
the ATMs, the global biometric ATM market is analyzed based on geographies and countries
including North America (U.S., Canada, Mexico and rest of North America), Europe (Russia,
Germany, U.K., France, Spain, Italy and rest of Europe), Asia-Pacific (China, Japan, India, South
Korea, Singapore, Malaysia and rest of Asia-Pacific) and LAMEA (Brazil, Argentina, UAE, Saudi
Arabia, South Africa, Nigeria and rest of LAMEA). Increased adoption of biometric authentication
system in the ATMs in countries such as Japan, India and China has helped the region to dominate
the global market.
3. ABSTRACT
The report covers the analysis of key stake holders of the Biometric ATM market. Key companies’
profiled in the report includes:
Siemens AG
Hitachi Ltd.
Magal Security Systems, Ltd.
Cisco Systems, Inc.
Robert Bosch GmbH
Tyco International Plc.
Honeywell International, Inc.
Panasonic Corporation
Diebold Inc.
Glory ltd.
4. Length Publisher Published Date
184 Pages
Knowledge Based
Value Research
April 20th, 2016
Table of Contents
1. 1. Market Scope & Methodology
2. 2. Executive Summary
3. 3. Market Overview
4. 4. Global Biometric ATM Market by Characteristic
5. 5. Global Biometric ATM Market by Authentication Type
6. 6. Global Biometric ATM Market by Solution Type
7. 7. Global Biometric ATM Market by Geography
8. 8. Company Profile
Learn more about this report
5. ABOUT THE PUBLISHER
Knowledge Based Value Research is a global brand and consulting firm serving all kinds of
business verticals, government and non-governmental organizations, and not-for-profit
organizations. Their motto is to extend their services that will have a lasting impact on clients
who trust them with their business goals. KBV Research’s aim is to transform and customize
their services to address the fast changing business needs of their clients. With innovative
methods, they seek to empower research tools with new capabilities that will eventually
bring about customer’s happiness, as they understand that businesses evolve.
View more reports from this publisher
Other Titles from this Publisher
Global Software Geographic Information System Market (2016 - 2022)
Global Mobile Business Process Management Market (2016 - 2022)
Global Adaptive Cruise Control (ACC) Market (2016-2022)
6. We Help You Find the Business
Intelligence You Need
Knowledge Center
With our Knowledge Center
solution, you gain unlimited,
company-wide access to an
entire catalog of industry-
specific market research
reports for one fixed cost,
providing your organization
with both predictability of
spend and reliability of
coverage. Plus, you will reduce
time and stress by utilizing the
Knowledge Center’s powerful
and convenient platform
functionality, including
advanced full-text search,
instant downloads, and alert
and usage-tracking tools.
Profound
MarketResearch.com’s
Profound solution allows you
to maximize your research
budget by purchasing only
the specific data you need.
Extract individual sections,
tables, charts or graphs from
our comprehensive
collection of more than
800,000 market research
reports from more than 200
publishers across nearly 700
industry sectors.
Market Research
Reports
MarketResearch.com
provides you with instant
online access to the most
comprehensive collection
of market intelligence
products and services
available on the Web. Our
extensive database offers
reports from more than
720 leading publishers,
offering expert insights on
global industries, products,
company profiles, and
market trends.
7. For more information and additional research,
visit MarketResearch.com or call 800.298.5699
Brought to you by: