Global Palm Vein Biometrics Market to Reach $3.7 Billion by 2030
The global market for Palm Vein Biometrics estimated at US$838.5 Million in the year 2022, is projected to reach a revised size of US$3.7 Billion by 2030, growing at a CAGR of 20.4% over the analysis period 2022-2030. BFSI, one of the segments analyzed in the report, is projected to record 20.9% CAGR and reach US$1.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Education segment is readjusted to a revised 18.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $250.8 Million, While China is Forecast to Grow at 19.4% CAGR
The Palm Vein Biometrics market in the U.S. is estimated at US$250.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$621.5 Million by the year 2030 trailing a CAGR of 19.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2% and 17.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.9% CAGR.Select Competitors (Total 46 Featured) -
- BioEnable Technologies Pvt. Ltd.
- Fujitsu Ltd.
- IdentyTech Solutions Ltd.
- iDLink Systems Pte Ltd.
- Imprivata, Inc.
- M2SYS Technology
- Mantra Softech (India) Pvt., Ltd.
- Matrix Security Solutions
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BioEnable Technologies Pvt. Ltd.
- Fujitsu Ltd.
- IdentyTech Solutions Ltd.
- iDLink Systems Pte Ltd.
- Imprivata, Inc.
- M2SYS Technology
- Mantra Softech (India) Pvt., Ltd.
- Matrix Security Solutions
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 196 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 838.5 Million |
Forecasted Market Value ( USD | $ 3700 Million |
Compound Annual Growth Rate | 20.4% |
Regions Covered | Global |