Palm Recognition Biometrics Market Segmentation:
Type Segment Analysis
The palmprint segment is predicted to account for largest market share by 2035. Palmprint recognition authentication systems are based on the information that has been acquired from the palm imprints of an individual. The key advantages of using palmprint recognition are its user-friendly nature and greater flexibility. Palmprints are used in the applications such as criminal, forensic, or commercial. For instance, it was estimated that 30% of the latent prints found at crime scenes come from palms.
The palm vein biometrics segment, on the other hand, is also projected to grow at lucrative CAGR through 2035. Palm vein recognition authentication systems measure the vein patterns and utilize infrared light to map the vein structure underneath the skin of an individual's palm. Moreover, as palm vein biometric systems use a contactless authentication technology, hence it finds massive utilization in hospitals and other environments where hygiene is a key factor.
Our in-depth analysis of the global market includes the following segments:
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