Biometric technology uses human physical attributes as locks and keys, making it particularly suitable for access control systems on the buildings of large organisations. Using biometrics for security and identification requires meeting two challenges: they must be cheap enough and sufficiently simple to be used by ordinary users. Furthermore, for enhanced security, these biometric access control systems should combine two or more types of authentication, such as coupling fingerprints with key codes or passwords to provide greater trust that who is logging in is only who is expected to do so.
Scope of the Report:This report studies the Biometric Access Control Systems market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Biometric Access Control Systems market by product type and applications/end industries.
The shift from non-biometrics technologies such as PINs and smart cards for controlling access to secure premises drives the growth of the biometric access control systems market.Some biometric technologies such as fingerprint and iris recognition are being used for the same. Since these biometric technologies are cost-effective and user-friendly, integration of access control systems with these biometric technologies is expected to provide significant traction to the market during the forecast period. Currently, the North America and Europe regions are experiencing higher adoption of biometric access control systems across BFSI and government sectors. APAC, Latin America, and MEA are also expected to increase their adoption during the forecast period. The transportation and healthcare sectors are likely to emerge as one of the biggest adopters of biometric systems during the same period.
The global Biometric Access Control Systems market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Biometric Access Control Systems.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers 3M CogentÊÊÊÊÊÊÊÊÊ
HID GlobalÊÊÊÊÊÊÊÊÊÊ
M2SYS TechnologyÊÊÊÊÊÊÊÊÊ
NECÊÊÊÊÊÊÊ
Safran
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Fingerprint Identification
Facial Recognition
Voice Recognition
Iris Recognition
Hand Geometry
Market Segment by Applications, can be divided into Government
Transportation
Healthcare
BFSI
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.