MRO Magazine

Global Biometric ATM Market Report 2016-2022 – Analysis, Technologies & Forecasts – Key Vendors: Siemens, Hitachi, Glory – Research and Markets

May 20, 2016
By Business Wire News


Research and Markets has announced the addition of the “Global Biometric ATM Market (2016 – 2022)” report to their offering.

Biometric technology is an automated access monitoring system, based on behavioral or physiological characteristics, used for verification and recognition of a manual access. Financial sector is emerging as one of the key application area of biometric authentication system. Physiological characteristic is the most commonly used individual characteristic used for authenticating the genuine card holder, fingerprint authentication type being the most prominent revenue generator, with a market share of 48.5% in 2014. Consumers in India and other emerging countries are supporting biometric scanning for secure bank transactions. In addition, rural consumers in the developing and developed countries are readily accepting such technologies owing to rising ATM card frauds and other security concerns.

The market of biometric ATM is further segmented based on the authentication type (Fingerprint, Iris Recognition, Palm recognition, Vein recognition, Face Recognition and Voice Recognition among others). The report also highlights the market based on solution type into deployment and managed services.

The report covers the analysis of key stake holders of the Biometric ATM market. Key companies’ profiled in the report includes Siemens AG, Hitachi Ltd., Magal Security Systems, Ltd., Cisco Systems, Inc., Robert Bosch GmbH , Tyco International Plc., Honeywell International, Inc., Panasonic Corporation, Diebold Inc. and Glory ltd.

Companies Mentioned:

  • Siemens AG
  • Hitachi, Ltd.
  • Magal Security Systems, Ltd
  • Cisco Systems, Inc.
  • Robert Bosch GmbH
  • Tyco International Plc
  • Honeywell International Inc.
  • Panasonic Corporation
  • Diebold, Incorporated
  • Glory ltd

Report Structure:

1. Market Scope & Methodology

2. Executive Summary

3. Market Overview

4. Global Biometric ATM Market by Characteristic

5. Global Biometric ATM Market by Authentication Type

6. Global Biometric ATM Market by Solution Type

7. Global Biometric ATM Market by Geography

8. Company Profile

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: ATM