Global Biometric POS Terminals Market 2020-2024

Global Biometric POS terminals market 2020-2024

Technavio has been monitoring the biometric POS terminals market and it is poised to grow by $ 855.56 mn during 2020-2024 progressing at a CAGR of 32% during the forecast period. Our reports on biometric POS terminals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in fraud at merchant POS terminals, increasing adoption of EMV standards and contactless biometrics. In addition, rise in fraud at merchant POS terminals is anticipated to boost the growth of the market as well.

The biometric POS terminals market analysis includes technology segment and geographical landscapes

Technavio's biometric POS terminals market is segmented as below:

By Technology

  • Fingerprint identification
  • Palm vein identification
  • Others
By Geographic Landscapes
  • North America
  • Europe
  • APAC
  • MEA
  • South America
This study identifies the growth of self-service market as one of the prime reasons driving the biometric POS terminals market growth during the next few years. Also, increased requirement for multimodal authentication and increased use of biometric POS terminals in restaurants will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our biometric POS terminals market covers the following areas:
  • Biometric POS terminals market sizing
  • Biometric POS terminals market forecast
  • Biometric POS terminals market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biometric POS terminals market vendors that include BIYO LLC, EKEMP Intl Ltd., Fujitsu Ltd., Ingenico Group SA, M2SYS Technology, SmartMetric Inc., Sthaler Ltd., VeriFone Inc., Zvetco LLC, and Zwipe AS. Also, the biometric POS terminals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Electronic equipment and instruments market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • After-sales service
      • Support activities
      • Innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
      • Short-term impact
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Technology
    • Market segments
      • Table Technology - Market share 2019-2024 (%)
    • Comparison by Technology
      • Table Comparison by Technology
    • Fingerprint identification - Market size and forecast 2019-2024
      • Table Fingerprint identification - Market size and forecast 2019-2024 ($ million)
      • Table Fingerprint identification - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Fingerprint identification - Year-over-year growth 2019-2024 (%)
    • Palm vein identification - Market size and forecast 2019-2024
      • Table Palm vein identification - Market size and forecast 2019-2024 ($ million)
      • Table Palm vein identification - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Palm vein identification - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Technology
      • Table Market opportunity by Technology
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers – Demand led growth
      • Rise in fraud at merchant POS terminals
      • Increasing adoption of EMV standards
      • Contactless biometrics
      • Increase in digitalization
    • Market challenges
      • Absence of uniform standards
      • False rejection rate and false acceptance rate issues
      • Security concerns
      • High total cost of ownership
        • Table Impact of drivers and challenges
    • Market trends
      • Growth of the self-service market
      • Increased requirement for multimodal authentication
      • Increased use of biometric POS terminals in restaurants
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BIYO LLC
      • Table BIYO LLC - Overview
      • Table BIYO LLC - Product and service
      • Table BIYO LLC - Key offerings
    • EKEMP Intl Ltd.
      • Table EKEMP Intl Ltd. - Overview
      • Table EKEMP Intl Ltd. - Product and service
      • Table EKEMP Intl Ltd. - Key offerings
    • Fujitsu Ltd.
      • Table Fujitsu Ltd. - Overview
      • Table Fujitsu Ltd. - Business segments
      • Table Fujitsu Ltd. - Key news
      • Table Fujitsu Ltd. - Key offerings
      • Table Fujitsu Ltd. - Segment focus
    • Ingenico Group SA
      • Table Ingenico Group SA - Overview
      • Table Ingenico Group SA - Business segments
      • Table Ingenico Group SA - Key offerings
      • Table Ingenico Group SA - Segment focus
    • M2SYS Technology
      • Table M2SYS Technology - Overview
      • Table M2SYS Technology - Product and service
      • Table M2SYS Technology - Key offerings
    • SmartMetric Inc.
      • Table SmartMetric Inc. - Overview
      • Table SmartMetric Inc. - Product and service
      • Table SmartMetric Inc. - Key offerings
    • Sthaler Ltd.
      • Table Sthaler Ltd. - Overview
      • Table Sthaler Ltd. - Product and service
      • Table Sthaler Ltd. - Key offerings
    • VeriFone Inc.
      • Table VeriFone Inc. - Overview
      • Table VeriFone Inc. - Product and service
      • Table VeriFone Inc. - Key offerings
    • Zvetco LLC
      • Table Zvetco LLC - Overview
      • Table Zvetco LLC - Product and service
      • Table Zvetco LLC - Key offerings
    • Zwipe AS
      • Table Zwipe AS - Overview
      • Table Zwipe AS - Business segments
      • Table Zwipe AS - Key news
      • Table Zwipe AS - Key offerings
      • Table Zwipe AS - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objective
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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