Description
Global
fingerprint access control systems market size is estimated to reach USD 4.4
billion by 2022, as per a new research report by Radiant Insights, Inc. Growing
safety and security concerns of individual as well as organization is projected
to drive industry growth. This system provides reliable access control, lessen
fraudulent transactions and prevent security breach. Increasing industry
competition is projected to propel the global demand. Organizations around the
world are looking for robust security mechanisms by eliminating the use of
passwords and adopting multimodal biometrics solutions as a means of
authentication.
Capacitive
products were valued at USD 696 million in 2014 and are expected to witness
highest growth due to their compact dimensions as well as low cost. It is
likely to reach at USD 1.3 billion by 2022. Optical products accounted for
majority of the overall industry share in 2014. It is estimate to dominate the
industry owing to its high quality image capturing capability and long life.
Significant
use of smart phone is anticipated to drive demand for fingerprint access
control systems market. Stringent government initiatives to secure borders,
prosecute criminals, verify immigration and combat identity fraud or terrorism
are likely to surge the industry. Colossal initial investment along with
training and enrolling expenditures might hamper the industry demand.
Healthcare industry is likely to exhibit considerable growth opportunities due
to emerging application of this technology in access control for patient
examinations and marking attendance
The report “Fingerprint Access Control
Systems Market Size, Report 2022” is available now to Radiant Insights
customers and can also be purchased directly at https://www.radiantinsights.com/research/fingerprint-access-control-systems-market/request-sample
Key report insights suggest:
• Global fingerprint access control
systems market was valued at USD 2.5 billion in 2014 and it is likely to reach
USD 4.4 billion by 2022, growing with an estimated CAGR of 7.4% from 2015 to
2022.
• North America accounted for 34.24%
of industry share in 2014. It is anticipated to dominate the industry over the
forecast period owing to its prominent applications in consumer electronics and
healthcare sectors. Asia pacific fingerprint access control systems market was
valued at USD 540.3 million in 2014 and is likely to grow at a CAGR of 8.1%
from 2015 to 2022.
• Commercial application accounted
for 34.4% industry share in 2014. The surge in the sector can be addressed to
growing safety and security needs. Consumer electronics is forecast to witness
significant growth and it is estimated to exceed USD 266.7 million by 2022.
• The fingerprint access control
system industry is quite consolidated and consists of top three U.S. companies,
Safran Group, 3M Cogent and NEC Corporation occupying major share. Other key
market participants include Cross Match Suprema, Fingerprint Cards (FPC), Aware
Inc, SecuGen, Daon Inc, Anviz Global and HID Global (Assa Abloy).
For
the purpose of this study, Radiant Insights has segmented the fingerprint
access control system market on the basis of product, application and region:
Global Fingerprint Access Control System
Product Overview (Revenue, USD Million, 2012 - 2022)
• Optical
• Capacitive
• Pressure
• Ultrasonic
• Thermal
Global Fingerprint Access Control System
Application Overview (Revenue, USD Million, 2012 - 2022)
• Commercial
• Consumer Electronics
• Government
• Military & Defense
• Banking & Finance
• Healthcare
View Full Report at- https://www.radiantinsights.com/press-release/global-fingerprint-access-control-systems-market
Global Fingerprint Access Control System
Regional Overview (Revenue, USD Million, 2012 - 2022)
• North America
- U.S.
- Canada
• Europe
- UK
- Germany
• Asia Pacific
- China
- India
- Japan
• Latin America
- Brazil
- Mexico
• MEA
About Us
Radiant
Insights is a market research and consulting company offering syndicated
research studies, customized reports, and consulting services. Our market
research studies are designed to facilitate strategic decision-making, based on
extensive and in-depth quantitative information, supported by extensive
analysis and industry insights. Using a patented and robust research
methodology, we publish exhaustive research reports covering a host of
industries such as Technology, Chemicals, Materials, and Energy. Radiant
Insights has a strong base of analysts, consultants and domain experts, with
global experience helping us deliver excellence in all research projects we
undertake
Contact Us
Michelle
Thoras
Corporate
Sales Specialist, USA
Radiant
Insights, Inc
201
Spear Street 1100, Suite 3036, San Francisco, CA 94105, United States
Tel:
1-415-349-0054
Toll
Free: 1-888-928-9744
No comments:
Post a Comment