Biometric Access Control Systems Market to reach $4.41 Billion By 2022
The global fingerprint-based biometric access control systems market is expected to reach USD 4.41 billion by 2022, a fresh report by Grand View Research, Inc. has been able to reveal.
The demand for for efficient identification techniques is driven by the rise in security threats around the world, with strict government laws and regulations having been made to ensure internal and external security.
Furthermore, growing opportunities from niche segments and technology developments are expected to augment industry growth. For example, consumer electronics applications such as cellular phones, PDAs and portable computers, and laptops are expected to boost revenue growth over the forecast period.
The report also suggests that biometric fingerprint technology can be implemented in a stand-alone manner or could be incorporated with smart cards, digital signatures, or other technologies. Optical, capacitive, pressure, ultrasonic, and thermal technologies dominate the market. Optical fingerprint biometric access control systems segment was valued at over USD 900 million in 2014; it is expected to grow at a CAGR of 7.5% over the forecast period.
The commercial fingerprint biometrics access control systems market accounted for significant revenue share in 2014, valued at over USD 850 million in the same year. Government sector includes public sector units, law & order enforcement agencies, and prominent government buildings and institutions.
Investment in biometrics-enabled time and attendance tools are expected to experience increased demand over the forecast period. Mandates for security enhancement in government and law enforcement agencies will continue to encourage spending on biometric technologies and adopt government projects such as employee and national ID cards.
Tensor Biometric Access Control Systems – enhanced security and reliability
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.
Tensor Plc, the UK’s number one manufacturer and installer of time and attendance and access control systems, supplies a range of top-range, reliable and affordable biometric access control systems based on Smart Card electronics combined with a biometric fingerprint reader.
In an elegant case and easy to use, this product is for those who want the absolute peace-of-mind, certainty and the assurance that only the right people can gain access to your sensitive or dangerous areas.
If you’d like to find out more about the extensive range of access control solutions supplied by Tensor, just contact us or Book a Demo, we’d be more than happy to answer all of your questions and queries.