PUBLISHER: TechNavio | PRODUCT CODE: 1681205
PUBLISHER: TechNavio | PRODUCT CODE: 1681205
The biometric POS terminals market is forecasted to grow by USD 18338.7 million during 2024-2029, accelerating at a CAGR of 23.2% during the forecast period. The report on the biometric POS terminals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of EMV standards, rising popularity in contactless biometrics, and growth in demand for biometric POS terminals from end-users.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 18.2% |
CAGR | 23.2% |
Incremental Value | $18338.7 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's biometric POS terminals market is segmented as below:
By End-user
By Technology
By Type
By Sector
By Geographical Landscape
This study identifies the growth in adoption of self-service kiosks as one of the prime reasons driving the biometric POS terminals market growth during the next few years. Also, increased use of and need for multimodal authentication and increase in digitalization will lead to sizable demand in the market.
The report on the biometric POS terminals market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biometric POS terminals market vendors that include Aratek Biometric, BIYO LLC, CiVinTec Global Co. Ltd., DERMALOG Identification Systems GmbH, EKEMP Intl Ltd., ePortation Inc., Fujitsu Ltd., HID Global Corp., IDEMIA France SAS, Ingenico Group SA, International Secure Environments PTY LTD., M2SYS, Mantra Softech India Pvt. Ltd., PayTango Inc., SmartMetric Inc., Sthaler Ltd., Telepower Communication Co. Ltd., VeriFone Inc., Verifi Inc., and Zwipe AS. Also, the biometric POS terminals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.