Abstract
Large Size of Hand Geometry Readers Limits Application Expansion
The large size of hand geometry readers restricts their use in certain
applications and poses challenges in implementing the technology in applications
that require small user interfaces. For instance, the PC/network security market
that presents significant growth opportunities for biometric technologies might
be difficult to penetrate for hand geometry solutions. This market is expected
to be dominated by the relatively smaller and inexpensive finger-scan technology
devices. In fact, finger-scan biometrics is a major competitor to the use of
hand geometry technology in physical access and time and attendance
applications, two of its key markets. Despite such obstacles, participants are
expected to achieve strong growth by showcasing the efficiency of hand geometry
technology in reducing 'time fraud'. Heightened security concerns after 9/11
and the nonintrusive nature of hand geometry readers are also likely to assist
them in their quest for higher market share.
This Frost & Sullivan research examines the world hand geometry market by
geographic regions {North America; Europe, Middle East, and Africa (EMEA); Asia
Pacific; and Latin America} and application segments (physical access control;
time and attendance; and others). The study provides rigorous analysis of each
geographic region and application segment, seven-year revenue forecasts, and an
overview of emerging market trends that will enable participants to assess the
current and future growth prospects.
High Durability and Throughput – Strong Points of Hand Geometry
Devices
"Hand geometry solutions are exceptionally robust, handle a large volume
of transactions, and function accurately in harsh environments where other
biometric technologies may not work," says the Program Manager of this
research service. These devices have the ability to work under extreme
temperatures ranging from negative 30 to 150 degree Fahrenheit and still provide
reliable results for long periods. "This is exactly why hand geometry
readers are installed outside physical premises and are extensively used for
physical access control and time and attendance applications across the world
despite their relatively higher implementation costs," explains the Program
Manager.
Physical Access Control and Time and Attendance to Continue as Dominant
Applications
Hand geometry solutions enable significant cost savings for customers by
reducing 'time fraud' and 'buddy punching' while keeping track of
employees' work hours and maintenance of payroll systems. Such ways of
reducing costs have assumed greater importance with government and corporate
enterprises battling the ongoing economic downturn to remain competitive.
The distinct advantage of hand geometry technology is that its performance
remains unaffected by soiled or dirty hands. This attribute is especially useful
in foundries and construction sites where workers perform a fair degree of
manual labor. These wide-ranging benefits are likely to encourage several
verticals such as travel and transport, healthcare, financial services,
universities, and utilities to step up the installation and upgradation of hand
geometry identification solutions in the coming years.
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