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Palm Vein Scanner Market with COVID-19 Impact Analysis by Offering (Hardware, Software & Services), Product (Palm Vein Biometrics, Finger Vein Biometrics), Authentication, Functionality, End-User Vertical, Application, and Region - Global Forecast to 2025

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Date: 07-Dec-2020
No. of pages: 220
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“The growing partnerships and collaborations between vendors in the ecosystem boosting market proliferation could play a key role in driving the growth of the palm vein scanner market”

The global palm vein scanner market size is estimated to be USD 416 million in 2020 and is projected to reach 1,150 million by 2025, at a CAGR of 22.6% during the forecast period. The market has a promising growth potential due to several factors, including the emerging superior benefits of palm vein scanners over other biometric technologies, increasing need to secure confidential information and data for organizations, and surging adoption of biometric identification systems in BFSI, healthcare, and commercial sectors. Moreover, the expanding government support in Europe for internal biometric techniques owing to GDPR compliance and growing partnerships and collaborations between vendors in the ecosystem, boosting market proliferation, could play a key role in driving the growth of the palm vein scanner market.         

“The high growth of the segment can be attributed to the growing compatibility of biometric software with various biometric authentication and verification products and platforms”

The software and services segment is projected to register the largest market share in 2025 for the palm vein scanner market by offering. The segment's high growth can be attributed to the growing compatibility of biometric software with various biometric authentication and verification products and platforms. Most of the finger vein and palm vein biometric software and SDKs developed today are compatible with various OS, including Windows, Linux, and Android. Further, the growing acceptance of subscription models for software among businesses incorporating biometric solutions has led to their strong adoption in the market.

“Embedded system segment is estimated to register higher CAGR growth during the forecast period”

The embedded system segment for palm vein scanner market is estimated to register higher CAGR growth during the forecast period by functionality. The high growth of embedded devices in consumer electronics, industrial, and residential sectors has led to their increasing adoption in the past years. These sectors have seen an increase in demand for laptops, smartphones, tablets, and industrial-embedded devices such as HMI. Additionally, the adoption of palm vein and finger vein readers has also increased in recent years as authenticated access to secured data on PC systems has become vital for various companies. Finger vein recognition systems are also being readily incorporated in ATMs. These developments are expected to drive the market growth of embedded palm vein biometric systems.

“Europe is projected to become the second-fastest geographical market between 2020 and 2025”

Europe is projected to grow at the second highest CAGR for palm vein scanner market during the forecast period. Financial companies in the UK, Germany, Poland, France, and other European countries have deployed biometric-based POS terminals and other POS solutions in the last few years for retail and commercial businesses. The implementation of general data protection regulation (GDPR) laws by the European Union (EU) in 2018 has forced businesses to ensure that personal data, including biometric data, is kept safe from misuse and exploitation. Failure to do so could lead to heavy penalties being levied. This is expected to increase the adoption of advanced and highly secure biometric solutions, including palm vein and finger vein biometric technology.

Breakdown of profiles of primary participants:


  • By Company: Tier 1 = 30%, Tier 2 = 50%, and Tier 3 = 20%

  • By Designation: C-level Executives = 25%, Directors = 35%, and Others (sales, marketing, and product managers, as well as members of various organizations) = 40%

  • By Region: APAC = 25%, North America = 35%, Europe=30%, and ROW=10%


Major players profiled in this report:

The palm vein scanner market is dominated by a few established players such as Fujitsu Ltd. (Japan), Hitachi, Ltd. (Japan), NEC Corporation (Japan), M2SYS Technology (US), BioSec Group Ltd (Hungary), Recogtech B.V. (Netherlands), iDLink Systems Pte Ltd. (Singapore), ePortation, Inc. (US), Mofiria Corporation (Japan), BioEnable Technologies (India), and Dakar Software Systems (Malta).

Research coverage

This report offers detailed insights into the palm vein scanner market based on offering (hardware, software & services), product(finger vein biometrics, palm vein biometrics), authentication(unimodal biometric system, multimodal biometric system), functionality (physical access control & biometric authentication, logical access control & biometric authentication, embedded system), end-user vertical (BFSI, commercial, industrial), application (access control and biometric identification, user authentication, OEM terminal devices), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW) which includes the Middle East, Africa, and South America.

The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the palm vein scanner market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying the Report

The report will help the leaders/new entrants in this market with information on the revenue numbers' closest approximations for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the palm vein scanner market's pulse and provides them information on key market drivers, restraints, challenges, and opportunities.

Palm Vein Scanner Market with COVID-19 Impact Analysis by Offering (Hardware, Software & Services), Product (Palm Vein Biometrics, Finger Vein Biometrics), Authentication, Functionality, End-User Vertical, Application, and Region - Global Forecast to 2025

Table Of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.2.1 General Inclusions & Exclusions
1.2.2 Inclusions And Exclusions At Company Level
1.2.3 Inclusions And Exclusions At Offering Level
1.2.4 Inclusions And Exclusions At Product Level
1.2.5 Inclusions And Exclusions At Authentication Level
1.2.6 Inclusions And Exclusions At End-User Vertical Level
1.2.7 Inclusions And Exclusions At Application Level
1.3 Scope
1.3.1 Markets Covered
Figure 1 Palm Vein Scanner Market Segmentation
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
Figure 2 Palm Vein Scanner Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown Of Primary Interviews
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
Figure 3 Market Size Estimation Methodology: Approach 1 (Supply Side)—Revenue Generated Based On Sales
Figure 4 Market Size Estimation Methodology: Approach 2 Bottom–Up (Supply Side)—Illustration Of Revenue Estimation Of Companies Based On Sales
2.2.1 Bottom-Up Approach
2.2.1.1 Approach For Estimating Market Size Using Bottom-Up Approach (Demand Side)
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach For Estimating Market Size Using Top-Down Approach (Supply-Side)
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.3 Market Breakdown And Data Triangulation
Figure 7 Data Triangulation
2.4 Research Assumptions
2.5 Study Limitations

3 Executive Summary
Figure 8 Comparison Chart For Palm Vein Scanner Market With Respect To Impact Of Covid-19
3.1 Pre-Covid-19
3.2 Pessimistic Scenario (Post-Covid-19)
3.3 Optimistic Scenario (Post-Covid-19)
3.4 Realistic Scenario (Post-Covid-19)
Figure 9 Software & Services Segment To Grow At Higher Cagr From 2020 To 2025
Figure 10 Embedded System Segment To Grow At Higher Cagr From 2020 To 2025
Figure 11 Palm Vein Scanner Market For Access Control & Biometric Identification To Hold Largest Market Share By 2025
Figure 12 Multimodal Biometric System To Grow At Higher Cagr From 2020 To 2025
Figure 13 Bfsi To Grow At Highest Cagr From 2020 To 2025
Figure 14 Apac Palm Vein Scanner Market To Grow At Highest Cagr From 2020 To 2025

4 Premium Insights
4.1 Attractive Growth Opportunities In Palm Vein Scanner Market
Figure 15 Increasing Global Demand In Bfsi And Commercial Sectors Supplemented By Adoption Of Contactless Palm Vein Scanner To Spur Market Growth
4.2 Palm Vein Scanner Market, By Product
Figure 16 Finger Vein Biometrics To Account For Largest Share Of Palm Vein Scanner Market By 2025
4.3 Apac: Palm Vein Scanner Market, By Industry & Country
Figure 17 Commercial Vertical And Southeast Asia To Account For Largest Shares Of Palm Vein Scanner Market In Apac By 2025
4.4 Palm Vein Scanner Market, By Country
Figure 18 Palm Vein Scanner Market In China To Grow At Highest Cagr From 2020 To 2025

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Drivers, Restraints, Opportunities, And Challenges: Palm Vein Scanner Market
5.2.1 Drivers
5.2.1.1 Emerging Superior Benefits Of Palm Vein Scanners Over Other Biometric Technologies
Table 1 Comparison Of Major Biometrics Methods
5.2.1.2 Increasing Need To Secure Confidential Information And Data For Organizations
5.2.1.3 Surging Adoption Of Biometric Identification Systems In Bfsi, Healthcare, And Commercial Sectors
5.2.1.4 Expanding Government Support In Europe For Internal Biometric Techniques Owing To Gdpr Compliance
5.2.1.5 Growing Partnerships And Collaborations Between Vendors In The Ecosystem Boosting Market Proliferation
Figure 20 Palm Vein Scanner Market Drivers And Their Impact
5.2.2 Restraints
5.2.2.1 High Convenience Of Use In Alternative Biometric Methods Such As Facial, Iris, And Voice Recognition
Figure 21 Palm Vein Scanner Market Restraints And Their Impact
5.2.3 Opportunities
5.2.3.1 Ongoing Technological Advancements Such As Palm Biometric Smart Cards
5.2.3.2 Increasing Adoption Of Mobile Devices
5.2.3.3 Growing Demand For Touchless Biometric Systems Due To Covid-19
5.2.3.4 Emerging Initiatives Taken By Governments To Provide Unique Identity Cards To Citizens
5.2.3.5 Rising Demand For All-In-One Biometric Solutions
Figure 22 Palm Vein Scanner Market Opportunities And Their Impact
5.2.4 Challenges
5.2.4.1 Availability Of Alternative Biometric Systems
5.2.4.2 Data Security Concerns Related To Biometric Systems
Figure 23 Palm Vein Scanner Maret Challenges And Their Impact
5.3 Value Chain Analysis
Figure 24 Value Chain Analysis Of Palm Vein Scanner Market
5.4 Average Selling Price Trend
Figure 25 Average Selling Price Trend For Palm Vein Scanner
5.5 Market Map
Figure 26 Key Players In Palm Vein Scanner Market Ecosystem
Table 2 Palm Vein Scanner Market: Ecosystem
5.5.1 Cumulative Shipment Of Fujitsu Palm Vein Sensors’
Figure 27 Cumulative Shipment Of Fujitsu Palm Vein Sensors Between 2015 And 2018
5.6 Case Study Analysis
5.6.1 Social Security Institution (Ssi) – Turkish National Health System Choose Fujitsu Palmsecure Palm Vein Authentication
5.6.2 Communication Service Credit Union Selects Fiserv Verifast For Secure Authentication And Identification Of Employees
5.7 Regulations Landscape
5.8 Patent Landscape
5.9 Technology Analysis

6 Palm Vein Scanner Market, By Offering
6.1 Introduction
Figure 28 Software & Services To Grow At Higher Cagr During Forecast Period
Table 3 Palm Vein Scanner Market, By Offering, 2016–2019 (Usd Million)
Table 4 Palm Vein Scanner Market, By Offering, 2020–2025 (Usd Million)
6.2 Hardware
6.2.1 Most Palm Vein Biometric Devices Use Reflection Method To Recognize Vein Pattern
Table 5 Palm Vein Scanner Market For Hardware, By Region, 2016–2019 (Usd Million)
Table 6 Palm Vein Scanner Market For Hardware, By Region, 2020–2025 (Usd Million)
6.3 Software & Services
6.3.1 Sdks Important For Ensuring Timely Delivery Of Important Updates To Biometric Device Over Cloud
Table 7 Palm Vein Scanner Market For Software & Services, By Region, 2016–2019 (Usd Million)
Table 8 Palm Vein Scanner Market For Software & Services, By Region, 2020–2025 (Usd Million)

7 Palm Vein Scanner Market, By Product
7.1 Introduction
Figure 29 Palm Vein Biometrics To Grow At Higher Cagr During Forecast Period
Table 9 Palm Vein Scanner Market, By Product, 2016–2019 (Usd Million)
Table 10 Palm Vein Scanner Market, By Product, 2020–2025 (Usd Million)
7.2 Finger Vein Biometrics
7.2.1 Finger Vein Biometric Systems Do Not Leave Any Trace During Authentication Process And Thus Cannot Be Duplicated
Table 11 Finger Vein Biometric Market, By Region, 2016–2019 (Usd Million)
Table 12 Finger Vein Biometric Market, By Region, 2020–2025 (Usd Million)
7.3 Palm Vein Biometrics
7.3.1 Development Of Contactless Palm Vein Biometrics Boosted Adoption Of Palm Vein Biometrics
Table 13 Palm Vein Biometric Market, By Region, 2016–2019 (Usd Million)
Table 14 Palm Vein Biometric Market, By Region, 2020–2025 (Usd Million)

8 Palm Vein Scanner Market, By Authentication
8.1 Introduction
Figure 30 Multimodal Biometric System To Grow At Higher Cagr During Forecast Period
Table 15 Palm Vein Scanner Market, By Authentication, 2016–2019 (Usd Million)
Table 16 Palm Vein Scanner Market, By Authentication, 2020–2025 (Usd Million)
8.2 Unimodal Biometric System
8.2.1 Increasing Adoption Of Multi-Factor Authentication In Low Security Applications Led To Continuous Adoption Of Unimodal Biometrics
Table 17 Unimodal Biometric System-Based Palm Vein Scanner Market, By Region, 2016–2019 (Usd Million)
Table 18 Unimodal Biometric System-Based Palm Vein Scanner Market, By Region, 2020–2025 (Usd Million)
8.3 Multimodal Biometric System
8.3.1 Multimodal Biometric System Benefits From Ability To Eliminate Spoofing Through Liveness Detection
Table 19 Multimodal Biometric System-Based Palm Vein Scanner Market, By Region, 2016–2019 (Usd Million)
Table 20 Multimodal Biometric System-Based Palm Vein Scanner Market, By Region, 2020–2025 (Usd Million)

9 Palm Vein Scanner Market, By Functionality
9.1 Introduction
Figure 31 Physical Access Control & Biometric Identification To Hold Largest Share 0f Palm Vein Scanner Market In 2025
Table 21 Palm Vein Scanner Market, By Functionality, 2016–2019 (Usd Million)
Table 22 Palm Vein Scanner Market, By Functionality, 2020–2025 (Usd Million)
9.2 Physical Access Control & Biometric Identification
9.2.1 Superior Security And Convenience Leading Palm Vein Scanners To Make Big Difference In Physical Access Control & Biometric Identification
Table 23 Palm Vein Scanner Market For Physical Access Control & Biometric Identification, By Region, 2016–2019 (Usd Million)
Table 24 Palm Vein Scanner Market For Physical Access Control & Biometric Identification, By Region, 2020–2025 (Usd Million)
9.3 Logical Access Control & Biometric Identification
9.3.1 Palm Vein Scanners Can Improve It Security Against Illegitimate Access And Information Leakage On Business Systems
Table 25 Palm Vein Scanner Market For Logical Access Control & Biometric Identification, By Region, 2016–2019 (Usd Million)
Table 26 Palm Vein Scanner Market For Logical Access Control & Biometric Identification, By Region, 2020–2025 (Usd Million)
9.4 Embedded System
9.4.1 Palm Vein Authentication Units Increasingly Being Deployed At Various Pos Terminals, Printers/Copying Machines, And Pcs
Table 27 Palm Vein Scanner Market For Embedded System, By Region, 2016–2019 (Usd Million)
Table 28 Palm Vein Scanner Market For Embedded System, By Region, 2020–2025 (Usd Million)

10 Palm Vein Scanner Market, By End-User Vertical
10.1 Introduction
Figure 32 Commercial Segment To Hold Largest Share Of Palm Vein Scanner Market In 2025
Table 29 Palm Vein Scanner Market, By End-User Vertical, 2016–2019 (Usd Million)
Table 30 Palm Vein Scanner Market, By End-User Vertical, 2020–2025 (Usd Million)
10.2 Banking, Financial Services, And Insurance (Bfsi)
10.2.1 Banks And Financial Institutions In Developing Countries Adopting Vein Recognition Biometrics To Verify Customers’ Identities
Table 31 Palm Vein Scanner Market For Bfsi, By Region, 2016–2019 (Usd Million)
Table 32 Palm Vein Scanner Market For Bfsi, By Region, 2020–2025 (Usd Million)
10.3 Commercial
10.3.1 Companies In Retail, Sports, Hospitality, It, And Healthcare Sectors Deploying Palm Vein Biometric Technology For Physical Access Control
Table 33 Palm Vein Scanner Market For Commercial, By Region, 2016–2019 (Usd Million)
Table 34 Palm Vein Scanner Market For Commercial, By Region, 2020–2025 (Usd Million)
10.4 Industrial
10.4.1 Palm Vein Scanners Largely Used In Industrial Vertical For Physical Access Control
Table 35 Palm Vein Scanner Market For Industrial, By Region, 2016–2019 (Usd Million)
Table 36 Palm Vein Scanner Market For Industrial, By Region, 2020–2025 (Usd Million)
10.5 Others
10.5.1 Palm Vein Scanners Being Deployed In Residential Premises To Improve Home Security
Table 37 Palm Vein Scanner Market For Others (End-User Vertical), By Region, 2016–2019 (Usd Million)
Table 38 Palm Vein Scanner Market For Others (End-User Vertical), By Region, 2020–2025 (Usd Million)

11 Palm Vein Scanner Market, By Application
11.1 Introduction
Figure 33 Access Control & Biometric Identification Segment To Hold Largest Share Of Palm Vein Scanner Market In 2025
Table 39 Palm Vein Scanner Market, By Application, 2016–2019 (Usd Million)
Table 40 Palm Vein Scanner Market, By Application, 2020–2025 (Usd Million)
11.2 Access Control And Biometric Identification
11.2.1 Residential Houses Installing Door Access Control System To Add Extra Layer Of Security To Their Home Premises
Table 41 Palm Vein Scanner Market For Access Control And Biometric Identification, By Region, 2016–2019 (Usd Million)
Table 42 Palm Vein Scanner Market For Access Control And Biometric Identification, By Region, 2020–2025 (Usd Million)
11.3 Oem Terminal Devices
11.3.1 Contactless Palm Vein And Finger Vein Biometric Scanners Experienced High Adoption In Payment Systems
Table 43 Palm Vein Scanner Market For Oem Terminal Devices, By Region, 2016–2019 (Usd Million)
Table 44 Palm Vein Scanner Market For Oem Terminal Devices, By Region, 2020–2025 (Usd Million)
11.4 User Authentication
11.4.1 Finger Vein And Palm Vein Biometric Technologies Offer Additional Layer Of Security To Home Computers And Workstations
Table 45 Palm Vein Scanner Market For User Authentication, By Region, 2016–2019 (Usd Million)
Table 46 Palm Vein Scanner Market For User Authentication, By Region, 2020–2025 (Usd Million)
11.5 Others
Table 47 Palm Vein Scanner Market For Others (Application), By Region, 2016–2019 (Usd Million)
Table 48 Palm Vein Scanner Market For Others (Application), By Region, 2020–2025 (Usd Million)

12 Geographic Analysis
12.1 Introduction
Figure 34 Palm Vein Scanner Market In Apac To Grow At Highest Cagr During Forecast Period
Table 49 Palm Vein Scanner Market, By Region, 2016–2019 (Usd Million)
Table 50 Palm Vein Scanner Market, By Region, 2020–2025 (Usd Million)
12.2 North America
Figure 35 Snapshot: Palm Vein Scanner Market In North America
Table 51 Palm Vein Scanner Market In North America, By Offering, 2016–2019 (Usd Million)
Table 52 Palm Vein Scanner Market In North America, By Offering, 2020–2025 (Usd Million)
Table 53 Palm Vein Scanner Market In North America, By Functionality, 2016–2019 (Usd Million)
Table 54 Palm Vein Scanner Market In North America, By Functionality, 2020–2025 (Usd Million)
Table 55 Palm Vein Scanner Market In North America, By Authentication, 2016–2019 (Usd Million)
Table 56 Palm Vein Scanner Market In North America, By Authentication, 2020–2025 (Usd Million)
Table 57 Palm Vein Scanner Market In North America, By Product, 2016–2019 (Usd Million)
Table 58 Palm Vein Scanner Market In North America, By Product, 2020–2025 (Usd Million)
Table 59 Palm Vein Scanner Market In North America, By Application, 2016–2019 (Usd Million)
Table 60 Palm Vein Scanner Market In North America, By Application, 2020–2025 (Usd Million)
Table 61 Palm Vein Scanner Market In North America, By End-User Vertical, 2016–2019 (Usd Million)
Table 62 Palm Vein Scanner Market In North America, By End-User Vertical, 2020–2025 (Usd Million)
Table 63 Palm Vein Scanner Market In North America, By Country, 2016–2019 (Usd Million)
Table 64 Palm Vein Scanner Market In North America, By Country, 2020–2025 (Usd Million)
12.2.1 Us
12.2.1.1 Increasing Digitalization And Adoption Of Smart Technologies Have Led To Rising Demand For Finger Vein And Palm Vein Biometric Products
Table 65 Palm Vein Scanner Market In Us, By Offering, 2016–2019 (Usd Million)
Table 66 Palm Vein Scanner Market In Us, By Offering, 2020–2025 (Usd Million)
Table 67 Palm Vein Scanner Market In Us, By End-User Vertical, 2016–2019 (Usd Million)
Table 68 Palm Vein Scanner Market In Us, By End-User Vertical, 2020–2025 (Usd Million)
12.2.2 Canada
12.2.2.1 Canada Has Made Several Amendments Related To Biometrics And Privacy Laws To Promote Use Of Biometric Technologies
Table 69 Palm Vein Scanner Market In Canada, By Offering, 2016–2019 (Usd Million)
Table 70 Palm Vein Scanner Market In Canada, By Offering, 2020–2025 (Usd Million)
Table 71 Palm Vein Scanner Market In Canada, By End-User Vertical, 2016–2019 (Usd Million)
Table 72 Palm Vein Scanner Market In Canada, By End-User Vertical, 2020–2025 (Usd Million)
12.2.3 Mexico
12.2.3.1 Mexico Deployed Biometric Solutions At Airports And Country Borders To Improve National Security And Strengthen Border Control
Table 73 Palm Vein Scanner Market In Mexico, By Offering, 2016–2019 (Usd Million)
Table 74 Palm Vein Scanner Market In Mexico, By Offering, 2020–2025 (Usd Million)
Table 75 Palm Vein Scanner Market In Mexico, By End-User Vertical, 2016–2019 (Usd Million)
Table 76 Palm Vein Scanner Market In Mexico, By End-User Vertical, 2020–2025 (Usd Million)
12.2.4 Impact Of Covid-19 On The North America
12.2.4.1 Falling Demand For High-Cost Multimodal Biometric Solutions In Us To Affect Growing Demand For Palm Vein Scanners And Solutions
Figure 36 North America: Comparison Of Pre- & Post-Covid-19 Scenarios For Palm Vein Scanner Market, 2016–2025 (Usd Million)
Table 77 North America: Comparison Of Pre- & Post-Covid-19 Scenarios For Palm Vein Scanner Market, 2016–2025 (Usd Million)
12.2.4.2 Covid-19 Impact On Us
12.2.4.3 Covid-19 Impact On Canada
12.2.4.4 Covid-19 Impact On Mexico
12.3 Europe
Figure 37 Snapshot: Palm Vein Scanner Market In Europe
Table 78 Palm Vein Scanner Market In Europe, By Offering, 2016–2019 (Usd Million)
Table 79 Palm Vein Scanner Market In Europe, By Offering, 2020–2025 (Usd Million)
Table 80 Palm Vein Scanner Market In Europe, By Functionality, 2016–2019 (Usd Million)
Table 81 Palm Vein Scanner Market In Europe, By Functionality, 2020–2025 (Usd Million)
Table 82 Palm Vein Scanner Market In Europe, By Authentication, 2016–2019 (Usd Million)
Table 83 Palm Vein Scanner Market In Europe, By Authentication, 2020–2025 (Usd Million)
Table 84 Palm Vein Scanner Market In Europe, By Product, 2016–2019 (Usd Million)
Table 85 Palm Vein Scanner Market In Europe, By Product, 2020–2025 (Usd Million)
Table 86 Palm Vein Scanner Market In Europe, By Application, 2016–2019 (Usd Million)
Table 87 Palm Vein Scanner Market In Europe, By Application, 2020–2025 (Usd Million)
Table 88 Palm Vein Scanner Market In Europe, By End-User Vertical, 2016–2019 (Usd Million)
Table 89 Palm Vein Scanner Market In Europe, By End-User Vertical, 2020–2025 (Usd Million)
Table 90 Palm Vein Scanner Market In Europe, By Country, 2016–2019 (Usd Million)
Table 91 Palm Vein Scanner Market In Europe, By Country, 2020–2025 (Usd Million)
12.3.1 Germany
12.3.1.1 Growing Adoption Of Biometric Access Control Systems In Construction And Ict Sectors To Spur Market Growth
Table 92 Palm Vein Scanner Market In Germany, By Offering, 2016–2019 (Usd Million)
Table 93 Palm Vein Scanner Market In Germany, By Offering, 2020–2025 (Usd Million)
Table 94 Palm Vein Scanner Market In Germany, By End-User Vertical, 2016–2019 (Usd Million)
Table 95 Palm Vein Scanner Market In Germany, By End-User Vertical, 2020–2025 (Usd Million)
12.3.2 Uk
12.3.2.1 Uk To Register Largest Market Size Of Palm Vein Scanner Market
Table 96 Palm Vein Scanner Market In Uk, By Offering, 2016–2019 (Usd Million)
Table 97 Palm Vein Scanner Market In Uk, By Offering, 2020–2025 (Usd Million)
Table 98 Palm Vein Scanner Market In Uk, By End-User Vertical, 2016–2019 (Usd Million)
Table 99 Palm Vein Scanner Market In Uk, By End-User Vertical, 2020–2025 (Usd Million)
12.3.3 Central Europe
12.3.3.1 Implementation Of Gdpr Further Accelerated Adoption Of Palm Vein And Finger Vein Authentication Systems In Central Europe
Table 100 Palm Vein Scanner Market In Central Europe, By Offering, 2016–2019 (Usd Million)
Table 101 Palm Vein Scanner Market In Central Europe, By Offering, 2020–2025 (Usd Million)
Table 102 Palm Vein Scanner Market In Central Europe, By End-User Vertical, 2016–2019 (Usd Million)
Table 103 Palm Vein Scanner Market In Central Europe, By End-User Vertical, 2020–2025 (Usd Million)
12.3.4 Rest Of Europe
Table 104 Palm Vein Scanner Market In Rest Of Europe, By Offering, 2016–2019 (Usd Million)
Table 105 Palm Vein Scanner Market In Rest Of Europe, By Offering, 2020–2025 (Usd Million)
Table 106 Palm Vein Scanner Market In Rest Of Europe, By End-User Vertical, 2016–2019 (Usd Million)
Table 107 Palm Vein Scanner Market In Rest Of Europe, By End-User Vertical, 2020–2025 (Usd Million)
12.3.5 Impact Of Covid-19 On Europe
12.3.5.1 Revival And Progression Of Healthcare Industry To Increase Demand For Advanced Contactless Biometric Solutions Such As Palm Vein And Finger Vein Scanners
Figure 38 Europe: Comparison Of Pre- And Post-Covid-19 Scenarios For Palm Vein Scanner Market, 2016–2025 (Usd Million)
Table 108 Europe: Comparison Of Pre- And Post-Covid-19 Scenarios For Palm Vein Scanner Market, 2016–2025 (Usd Million)
12.3.5.2 Covid-19 Impact On Germany
12.3.5.3 Covid-19 Impact On Uk
12.3.5.4 Covid-19 Impact On Central Europe
12.3.5.5 Covid-19 Impact On Rest Of Europe
12.4 Apac
Figure 39 Snapshot: Palm Vein Scanner Market In Apac
Table 109 Palm Vein Scanner Market In Apac, By Offering, 2016–2019 (Usd Million)
Table 110 Palm Vein Scanner Market In Apac, By Offering,2020–2025 (Usd Million)
Table 111 Palm Vein Scanner Market In Apac, By Functionality, 2016–2019 (Usd Million)
Table 112 Palm Vein Scanner Market In Apac, By Functionality, 2020–2025 (Usd Million)
Table 113 Palm Vein Scanner Market In Apac, By Authentication, 2016–2019 (Usd Million)
Table 114 Palm Vein Scanner Market In Apac, By Authentication, 2020–2025 (Usd Million)
Table 115 Palm Vein Scanner Market In Apac, By Product, 2016–2019 (Usd Million)
Table 116 Palm Vein Scanner Market In Apac, By Product, 2020–2025 (Usd Million)
Table 117 Palm Vein Scanner Market In Apac, By Application,2016–2019 (Usd Million)
Table 118 Palm Vein Scanner Market In Apac, By Application, 2020–2025 (Usd Million)
Table 119 Palm Vein Scanner Market In Apac, By End-User Vertical, 2016–2019 (Usd Million)
Table 120 Palm Vein Scanner Market In Apac, By End-User Vertical, 2020–2025 (Usd Million)
Table 121 Palm Vein Scanner Market In Apac, By Country, 2016–2019 (Usd Million)
Table 122 Palm Vein Scanner Market In Apac, By Country, 2020–2025 (Usd Million)
12.4.1 Japan
12.4.1.1 Presence Of Several Biometric Market Pioneers, Including Fujitsu, Hitachi, And Nec Corporation, To Drive Market Growth
Table 123 Palm Vein Scanner Market In Japan, By Offering, 2016–2019 (Usd Million)
Table 124 Palm Vein Scanner Market In Japan, By Offering, 2020–2025 (Usd Million)
Table 125 Palm Vein Scanner Market In Japan, By End-User Vertical, 2016–2019 (Usd Million)
Table 126 Palm Vein Scanner Market In Japan, By End-User Vertical, 2020–2025 (Usd Million)
12.4.2 China
12.4.2.1 China To Hold Largest Market Share In Apac
Table 127 Palm Vein Scanner Market In China, By Offering, 2016–2019 (Usd Million)
Table 128 Palm Vein Scanner Market In China, By Offering, 2020–2025 (Usd Million)
Table 129 Palm Vein Scanner Market In China, By End-User Vertical, 2016–2019 (Usd Million)
Table 130 Palm Vein Scanner Market In China, By End-User Vertical, 2020–2025 (Usd Million)
12.4.3 Southeast Asia
12.4.3.1 Improving Economic Infrastructure In Southeast Asia Has Led To Increasing Adoption And Widespread Implementation Of Biometric Solutions In Government And Public Sectors
Table 131 Palm Vein Scanner Market In Southeast Asia, By Offering, 2016–2019 (Usd Million)
Table 132 Palm Vein Scanner Market In Southeast Asia, By Offering, 2020–2025 (Usd Million)
Table 133 Palm Vein Scanner Market In Southeast Asia, By End-User Vertical, 2016–2019 (Usd Million)
Table 134 Palm Vein Scanner Market In Southeast Asia, By End-User Vertical, 2020–2025 (Usd Million)
12.4.4 Rest Of Apac
12.4.4.1 Several Credit Card Companies In South Korea Launched Finger Vein Payment Systems To Offer Added Convenience In Making Payments
Table 135 Palm Vein Scanner Market In Rest Of Apac, By Offering, 2016–2019 (Usd Million)
Table 136 Palm Vein Scanner Market In Rest Of Apac, By Offering, 2020–2025 (Usd Million)
Table 137 Palm Vein Scanner Market In Rest Of Apac, By End-User Vertical, 2016–2019 (Usd Million)
Table 138 Palm Vein Scanner Market In Rest Of Apac, By End-User Vertical, 2020–2025 (Usd Million)
12.4.5 Impact Of Covid-19 On Apac
12.4.5.1 Bounce Back Of Palm Vein Scanner Market In Apac Could Be Driven By Improving Demand In Bfsi, Hospitality, Healthcare, And Public Sectors
Figure 40 Comparison Of Pre- And Post-Covid-19 Scenarios For Palm Vein Scanner Market In Apac, 2016–2025 (Usd Million)
Table 139 Comparison Of Pre- And Post-Covid-19 Scenarios For Palm Vein Scanner Market In Apac, 2016–2025 (Usd Million)
12.4.5.2 Covid-19 Impact On China
12.4.5.3 Covid-19 Impact On Japan
12.4.5.4 Covid-19 Impact On Southeast Asia
12.4.5.5 Covid-19 Impact On Rest Of Apac
12.5 Rest Of The World (Row)
Table 140 Palm Vein Scanner Market In Row, By Offering, 2016–2019 (Usd Million)
Table 141 Palm Vein Scanner Market In Row, By Offering, 2020–2025 (Usd Million)
Table 142 Palm Vein Scanner Market In Row, By Functionality, 2016–2019 (Usd Million)
Table 143 Palm Vein Scanner Market In Row, By Functionality, 2020–2025 (Usd Million)
Table 144 Palm Vein Scanner Market In Row, By Authentication, 2016–2019 (Usd Million)
Table 145 Palm Vein Scanner Market In Row, By Authentication, 2020–2025 (Usd Million)
Table 146 Palm Vein Scanner Market In Row, By Product, 2016–2019 (Usd Million)
Table 147 Palm Vein Scanner Market In Row, By Product, 2020–2025 (Usd Million)
Table 148 Palm Vein Scanner Market In Row, By Application, 2016–2019 (Usd Million)
Table 149 Palm Vein Scanner Market In Row, By Application, 2020–2025 (Usd Million)
Table 150 Palm Vein Scanner Market In Row, By End-User Vertical, 2016–2019 (Usd Million)
Table 151 Palm Vein Scanner Market In Row, By End-User Vertical, 2020–2025 (Usd Million)
Table 152 Palm Vein Scanner Market In Row, By Region, 2016–2019 (Usd Million)
Table 153 Palm Vein Scanner Market In Row, By Region, 2020–2025 (Usd Million)
12.5.1 Middle East
12.5.1.1 Governments In Uae And Saudi Arabia Implementing Contactless Biometric Solutions For Biometric Registration Of Travelers And For Border Control
Table 154 Palm Vein Scanner Market In Middle East, By Offering, 2016–2019 (Usd Million)
Table 155 Palm Vein Scanner Market In Middle East, By Offering, 2020–2025 (Usd Million)
Table 156 Palm Vein Scanner Market In Middle East, By End-User Vertical, 2016–2019 (Usd Million)
Table 157 Palm Vein Scanner Market In Middle East, By End-User Vertical, 2020–2025 (Usd Million)
12.5.2 Africa
12.5.2.1 Rising Outside Investments Helped South Africa And Egypt To Improve Their Overall Economic Infrastructure
Table 158 Palm Vein Scanner Market In Africa, By Offering, 2016–2019 (Usd Million)
Table 159 Palm Vein Scanner Market In Africa, By Offering, 2020–2025 (Usd Million)
Table 160 Palm Vein Scanner Market In Africa, By End-User Vertical, 2016–2019 (Usd Million)
Table 161 Palm Vein Scanner Market In Africa, By End-User Vertical, 2020–2025 (Usd Million)
12.5.3 South America
12.5.3.1 Brazil—Largest Adopter Of Advanced Biometric Solutions Among South American Countries
Table 162 Palm Vein Scanner Market In South America, By Offering, 2016–2019 (Usd Million)
Table 163 Palm Vein Scanner Market In South America, By Offering, 2020–2025 (Usd Million)
Table 164 Palm Vein Scanner Market In South America, By End-User Vertical, 2016–2019 (Usd Million)
Table 165 Palm Vein Scanner Market In South America, By End-User Vertical, 2020–2025 (Usd Million)
12.5.4 Impact Of Covid-19 On Rest Of The World (Row)
12.5.4.1 Government Spending On Improving Economic Infrastructure, Including Promoting Contactless Biometric Solutions, To Decline
Figure 41 Comparison Of Pre- And Post-Covid-19 Scenarios For Palm Vein Scanner Market In Row, 2016–2025 (Usd Million)
Table 166 Comparison Of Pre- And Post-Covid-19 Scenarios For Palm Vein Scanner Market In Row, 2016–2025 (Usd Million)
12.5.4.2 Covid-19 Impact On Middle East
12.5.4.3 Covid-19 Impact On Africa
12.5.4.4 Covid-19 Impact On South America

13 Competitive Landscape
13.1 Overview
Figure 42 Companies Adopted Partnerships And Contracts As Key Growth Strategies From January 2016 To September 2020
13.2 Market Share And Ranking Analysis
Figure 43 Palm Vein Scanner Market: Market Share Analysis
Table 167 Palm Vein Scanner Market: Market Share Analysis
Table 168 Palm Vein Scanner Market: Market Ranking Analysis
13.3 Company Evaluation Quadrant
Figure 44 Palm Vein Scanner Market (Global) Company Evaluation Matrix, 2019
13.3.1 Star
13.3.2 Pervasive
13.3.3 Emerging Leader
13.3.4 Participant
13.4 Competitive Benchmarking
13.4.1 Strength Of Product Portfolio (For 18 Companies)
Figure 45 Product Portfolio Analysis Of Top Players In Palm Vein Scanner Market
13.4.2 Business Strategy Excellence (For 18 Companies)
Figure 46 Business Strategy Excellence Of Top Players In Palm Vein Scanner Market
13.5 Startup/Sme Evaluation Matrix, 2019
Figure 47 Palm Vein Scanner Market (Global) Startup/Sme Evaluation Matrix, 2019
13.5.1 Progressive Companies
13.5.2 Responsive Companies
13.5.3 Dynamic Companies
13.5.4 Starting Blocks
13.6 Competitive Scenario And Trends
13.6.1 Product Launches And Developments
Table 169 Palm Vein Scanner Market: Key Product Launches And Developments (January 2016–September 2020)
13.6.2 Deals
Table 170 Key Deals (January 2016–September 2020)

14 Company Profile
14.1 Introduction
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Covid-19 Impact, And Mnm View (Key Strengths/ Right To Win/ Strategic Choices Made/ Weaknesses And Competitive Threats))*
14.2 Key Players
14.2.1 Fujitsu Ltd.
Figure 48 Fujitsu Ltd.: Company Snapshot
14.2.2 Hitachi, Ltd.
Figure 49 Hitachi, Ltd.: Company Snapshot
14.2.3 Nec Corporation
Figure 50 Nec Corporation: Company Snapshot
14.2.4 M2sys Technology
14.2.5 Biosec Group Ltd.
14.2.6 Eportation, Inc.
14.2.7 Idlink Systems Pte Ltd.
14.2.8 Bioenable Technologies Pvt. Ltd.
14.2.9 Mofiria Corporation
14.2.10 Dakar Software Systems
14.2.11 Recogtech B.V.
14.3 5-Year Company Revenue Analysis
Figure 51 Revenue Analysis For Key Companies In Past 5 Years
14.4 Other Important Players
14.4.1 Iproov
14.4.2 Redrock Biometrics
14.4.3 Fiserv, Inc.
14.4.4 Raviraj Technologies
14.4.5 Imprivata, Inc.
14.4.6 Time Systems (Uk) Ltd
14.4.7 Global Id Sa
14.4.8 Xceltech International Pte Ltd.
14.4.9 Identytech Solutions Ltd.
14.4.10 Crucialtrak, Inc.
14.4.11 Mantra Softech (India) Pvt. Ltd.
14.4.12 Matrix Comsec Pvt. Ltd.
14.4.13 Fingopay (A Sthaler Company)
14.4.14 Idemia
14.4.15 Neurotechnology
14.4.16 Normee Limited.

*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Covid-19 Impact, And Mnm View (Key Strengths/ Right To Win/ Strategic Choices Made/ Weaknesses And Competitive Threats)Might Not Be Captured In Case Of Unlisted Companies.

15 Appendix
15.1 Insights Of Industry Experts
15.2 Questionnaire For Palm Vein Scanner Market
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details

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