The global fingerprint access control systems market is experiencing a major boost, due to the up surging need for security and customer protection from identity theft, as cyber scams, spamming, and hacking are increasing. As the e-commerce industry is growing continuously, the number of cases against fraud, identity theft, and hacking are also increasing. The construction of infrastructures and buildings is a key driver for the growth of the global fingerprint access control systems market, as new infrastructure demands higher security. The increasing population and urbanization are some of the other drivers of the global fingerprint access control systems market. Various security control programs have been started by the governments to reduce the number of identity theft cases. The government spending on biometric programs and equivalent systems is mainly driven by the national identity card programs and numerous electronic passport (e-passport) services in various countries. The increase in data security and integrity among mobile users are some of the major factors, responsible for driving the adoption of fingerprint access control systems in smartphones.
A user who is attempting to access a protected resource, places his or her finger on a fingerprint sensor or reader at an access point, where the system has been integrated. The fingerprint is then, scanned by the sensor and the image is transmitted to a server, where it is compared with a warehouse of the stored fingerprints. If the print matches any of the stored print, the individual is granted access.
During the forecast period, the government and commercial sectors are anticipated to be the major application segments. The banking & financial sector is adopting this technology for safeguarding the access to crucial banking data and increase their security over mobile payments. Banks across the world are incorporating fingerprint biometric technology in their automated teller machine (ATM) to enhance security. The increased integration of fingerprint scanning technology in smart devices is expected to drive the growth of the consumer electronic application segment during the forecast period. The growing popularity of smart device with this technology is expected to drive the adoption of fingerprint access control systems across various applications. The requirement for tightening security in military & defense, border protection, and customs is also projected to fuel the market.
Scope of the Report:From the view of region, North America and Europe have a larger market share in 2019 which together account for 51.17%, and will witness a stable growth in following years. China hold a market share of 20.21% will still play an important role which cannot be ignored. Any changes from China might affect the development trend of Fingerprint Access Control Systems. Japan also play important roles in global market, but it will witness the comparatively lowe growth rate within selected regions.
Crowdfunding campaigns have showed that there is plenty of scope for innovation. The world leading players in the Fingerprint Access Control Systems market are IDEMIA (Safran Group), Kaba, BOSCH Security, Johnson Controls, NEC Corporation, HID Global, ZKTeco, DDS, Hitachi, Suprema Inc., Union Community Co. Ltd, HWabo, BioLink Solutions, Matrix Systems, SecuGen Corportaion and so on. These Top companies currently account for more than 50% of the total market share and are expected to retain their dominating hold over the market during the forecast period. As consumer interest increases, this market will attract other major companies which want to extend their brand equity.
The worldwide market for Fingerprint Access Control Systems is expected to grow at a CAGR of roughly 6.2% over the next five years, will reach 2599.3 million US$ in 2026, from 1922.3 million US$ in 2020, according to a new study.
This report focuses on the Fingerprint Access Control Systems in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers IDEMIA (Safran Group)
Kaba
BOSCH Security
Johnson Controls
NEC Corporation
HID Global
ZKTeco
DDS
Hitachi
Suprema Inc.
Union Community Co. Ltd
Hwabo
BioLink Solutions
Matrix Systems
SecuGen Corportaion
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 etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Optical
Capacitive
Ultrasonic
Thermal
Market Segment by Applications, can be divided into Commercial
Residential
BFSI
Others
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Fingerprint Access Control Systems product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Fingerprint Access Control Systems, with price, sales, revenue and global market share of Fingerprint Access Control Systems in 2018 and 2019.
Chapter 3, the Fingerprint Access Control Systems competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fingerprint Access Control Systems breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Fingerprint Access Control Systems market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Fingerprint Access Control Systems sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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.
