Vein Recognition Biometrics Market

1. Copyright © Fact.MR All Rights Reserved Vein Recognition Biometrics Market By Technology, By Sector, By Solution, By Region - Global Market Insights 2019 to 2029

2. About Fact.MR Fact.MR (FMR) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMR is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Social Media Research Customized Research Syndicated Research Investment Research Research Capabilities Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas For detailed subscription information please contact Website: www.factmr.com For sales queries or new topics email us on: sales@factmr.com Subscription Information Copyright © Fact.MR All Rights Reserved

3. ResearchMethodology Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach Copyright © Fact.MR All Rights Reserved

4. Report Scope & Segmentation Healthcare organizations are installing unique biometric solutions such as palm vein recognition, which is used to recognize each patient as per their digital health record. According to the American Health Information Management Association, 40% of duplicate medical records have discrepancies caused by inconsistencies in patient's first and last name. The average estimated costs associated with duplicate medical records can be US$ 1,000 per record. Thus, vein recognition biometrics enhance patient safety, decrease patient identity theft data, increase revenue cycle efficiency, and improve patient experience, and satisfaction. These factors are projected to boost demand for vein recognition biometrics in the healthcare industry.  Report Scope Digital Remittance Copyright © Fact.MR All Rights Reserved

5. Key Takeaways  • Finger vein recognition biometrics are projected to expand 5X as compared to 2019 and account for around 51% of the overall value opportunity in the global market by 2029 end. The demand for finger vein recognition biometrics increases due to cost-effectiveness and accuracy as compared to other biometrics solutions. • The BFSI segment is expected to create an absolute dollar opportunity of US$ 704 Mn during the forecast period. Owing to rising concerns of data breach and theft, the demand of vein recognition biometrics are expected to surge during the forecast period • East Asia will remain the prominent region across the forecast period, accounting for more than 39% share in the global market, as countries in this region are focusing on increasing adoption of vein recognition biometrics to avoid thefts and burglaries • “Rising need for authentication solutions and the increasing deployment of vein recognition biometrics is expected to provide new growth outlook in the market”says the Fact.MR analyst Get To Know More About The Market Copyright © Fact.MR All Rights Reserved

6. Competitive Landscape • Fujitsu Ltd, • Hitachi Ltd, • IdentyTech, • NEC Corporation, • M2SYS Technology, • Mofiria, Futronic, • Imprivata, I • DEMIA Request For Sample Report Copyright © Fact.MR All Rights Reserved

7. “Setting goals is the first step in turning the invisible into the visible” Website: www.factmr.com For sales queries or new topics email us on: sales@factmr.com For other queries contact:Suite 9884, 27 Upper Pembroke Street,Dublin 2, Ireland Tel: +353-1-6111-593 Copyright © Fact.MR All Rights Reserved