PUBLISHER: Allied Market Research | PRODUCT CODE: 1446418
PUBLISHER: Allied Market Research | PRODUCT CODE: 1446418
The global shift toward contactless solutions, accelerated by the COVID-19 pandemic, has further fueled the adoption of touchless fingerprint recognition methods, ensuring a hygienic and user-friendly experience. Multimodal biometrics, combining fingerprint data with other biometrics identifiers such as facial or iris recognition, gained traction to enhance overall security by requiring multiple forms of authentication. Another notable trend involves the implementation of liveness detection technologies to counter potential spoofing attempts, addressing a critical security concern. Furthermore, the integration of fingerprint biometrics into payment cards has emerged, bolstering the security of financial transactions. These trends collectively reflect the ongoing efforts to improve the accuracy, security, and versatility of fingerprint biometrics systems across various applications.
Fingerprint recognition provides a robust and unique method of identity verification, offering a high level of accuracy and reducing the risk of unauthorized access. The integration of fingerprint biometrics into mobile devices, access control systems, and financial transactions opens doors for streamlined and secure user authentication. The proliferation of the Internet of Things (IoT) and smart homes also offers opportunities, as fingerprint biometrics be employed to control access to devices and ensure the privacy and security of user data. Moreover, the potential for improving user experience by providing quick and convenient authentication methods, especially with the rise of contactless technologies, is a significant opportunity. Fingerprint biometrics also find applications in sectors such as healthcare, where patient identification and access to sensitive medical records be safeguarded. As technology continues to advance, the opportunities for fingerprint biometrics to contribute to enhanced security and efficiency across various domains are likely to expand further.
The fingerprint biometrics market is segmented on the basis of Offering, type, end user, and region. On the basis of Offering, the market is categorized into hardware, software, and services. By type, it is divided into AFIC technology and Non-AFIC technology. On the basis of end user, the market is segregated into BFSI, healthcare, travel & tourism, IT & telecom, government & defense, automotive, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and MEA.
The global fingerprint biometrics market is dominated by key players such as Thales, Bio-Key International, HID Global Corporation, M2SYS Technology, NEC Corporation, IDEMIA, Anviz Global Inc., DERMALOG Identification Systems GmbH, Fingerprint Cards AB, and FingerCheck.
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