Enjoy complimentary customisation on priority with our Enterprise License!
About vein recognition biometrics in BFSI sector
The demand for highly reliable and accessible personal authentication and identification systems is increasing in the BFSI sector because of the growing instances of security vulnerabilities and transactional fraudulent in this sector. Biometrics is a suitable and reliable solution as it is based on the behavioral and physiological characteristics of an individual, which is difficult to replicate. Biometrics involves the identification, verification, and authentication of an individual by evaluating one or more unique biological traits such as voice, hand geometry, DNA, gait, fingerprint, facial expression, and vein recognition. Biometrics is considered to be more reliable than physical devices and numeric codes as biometric traits are not prone to any change.
Vein recognition biometrics is gaining importance in the BFSI sector for applications such as logical access control, physical access control, mobile banking, branch banking, kiosks, ATM, and safe deposit locker. Vein recognition biometrics is used for security purpose in the BFSI sector to protect customers from data breaches and identity theft.
Technavio's analysts forecast the global vein recognition biometrics market in the BFSI sector to grow at a CAGR of 27.83% over the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global vein recognition biometrics market in the BFSI sector for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of vein biometric solutions including hardware, software, integrated solutions, and services offered in the BFSI sector. Revenues generated from aftersales services are not included to calculate the market size.
Technavio's report, Global Vein Recognition Biometrics Market in the BFSI Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, Latin America, MEA, and North America; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key regions
Key vendors
Other prominent vendors
Key market driver
Key market challenge
Key market trend
Key questions answered in this report
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market description
Types of vein recognition biometrics
Working of palm vein recognition biometrics
Working of finger vein recognition biometrics
Advantages and disadvantages of vein recognition biometrics
PART 06: Market developments
PART 07: Market landscape
Market overview
Share of vein recognition biometrics in BFSI sector
Global vein recognition biometrics market in BFSI sector
Product Lifecycle
Five forces analysis
PART 08: Technology Segmentation
Global vein recognition biometrics market in BFSI sector 2014-2019
Global finger vein biometrics market in the BFSI sector
Global palm vein market in the BFSI sector
PART 09: Geographical segmentation
Global vein recognition biometrics market in BFSI sector by geographical segmentation 2014-2019
Vein recognition biometrics market in BFSI sector in North America
Vein recognition biometrics market in BFSI sector in APAC
Vein recognition biometrics market in BFSI sector in Europe
Vein recognition biometrics market in BFSI sector in Latin America
Vein recognition biometrics market in BFSI sector in MEA
PART 10: Market trends
PART 11: Market growth inhibitors
PART 12: Vendor landscape
Key vendors matrix
Key vendors description
Key vendor's news updates
Other prominent vendors
PART 13: Key vendor analysis
Fujitsu
Hitachi America
M2SYS Technology
NEC
Safran
PART 14: Appendix
List of abbreviation
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.