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.
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.
In 2017, the global Biometric Access Control Systems market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
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The study objectives of this report are:
To study and forecast the market size of Biometric Access Control Systems in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Biometric Access Control Systems are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Biometric Access Control Systems Manufacturers
Biometric Access Control Systems Distributors/Traders/Wholesalers
Biometric Access Control Systems Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Biometric Access Control Systems market, by end-use.
Detailed analysis and profiles of additional market players.
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