Biometric Point of Sales Terminals Market Will Exhibit an Impressive Expansion by 2024-2031

The global biometric point of sales (POS) terminals market is expected to grow at a significant CAGR during the forecast period. 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.

Global Biometric Point of Sales Terminals Market Segment

By Product Type

o             Fingerprint Identification

o             Palm-Vein Identification

o             Facial Recognition

o             Iris Recognition

o             Retina Recognition

o             Voice Recognition

By End-User

o             Restaurant

o             Retail

o             Logistics

o             Medical and Healthcare

o             Financial

o             Others

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Biometric Point of Sales Terminals Market Report Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • Bitel Corp.
  • Fujitsu Ltd.
  • Biyo LLC

 

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