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Biometric
Point of Sales Terminals Market Demand Analysis, Type, Statistics, Regions and
Forecast - 2031
The
global biometric point of sales (POS) terminals market is expected to grow at a
significant CAGR during the forecast period 2024-2031. Biometric technology is
a system of identification and authentication that is employed to detect the
behavioral and physical changes of any user. Point of sales terminals is an
electronic, hardware-based system deployed in any retail or other location to
process card payments. Biometric in point of sales (PoS) allows the consumer to
scan their finger on a biometric finger reader instead of a user ID or other
gadgets to log into the retail POS. This, in turn, is driving the adoption of
biometric POS terminals that ensures security and protection from any
intentional and accidental threat to the company.
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The
rising adoption of biometric POS terminals in various end-user segments
including government, businesses, public sector, and restaurants among others
with the growing incidents of threats and frauds in these sectors. To track and
monitor the activities of an employee and outsiders with real-time access, an
implementation rate of biometric POS terminals is rapidly increasing at a
significant rate that allows authorities and companies to ensure security
during the payments. Additionally, the growing instances of cyber-attacks and
data breaches is also leveraging the demand for biometric POS terminals.
Full report of Biometric Point of Sales
Terminals Market available @ https://www.omrglobal.com/industry-reports/biometric-point-of-sales-terminals-market
Market
Coverage
- Segment Covered-
o By Product Type
o By End-User
- Competitive Landscape-
Bitel Corp., Fujitsu Ltd., Biyo LLC, and others.
Key
questions addressed by the report
- What is the market growth
rate? - Which segment and region
dominates the market in base year? - Which segment and region
will project fastest growth in the market? - How COVID-19 impacted the
market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the
market? - How players are addressing
challenges to sustain growth? - Where is the investment
opportunity?
Global
Biometric Point of Sales Terminals Market Segment
By
Product Type
·
Fingerprint Identification
·
Palm-Vein Identification
·
Facial Recognition
·
Iris Recognition
·
Retina Recognition
·
Voice Recognition
By
End-User
·
Restaurant
·
Retail
·
Logistics
·
Medical and Healthcare
·
Financial
·
Others
For More
Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/biometric-point-of-sales-terminals-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known
for its crisp and concise reports. The company is equipped with an experienced
team of analysts and consultants. OMR offers quality syndicated research
reports, customized research reports, consulting and other research-based
services. The company also offers Digital Marketing services through its
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