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.
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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 2018 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 2024, from 1922.3 million US$ in 2019, according to a new GIR (Global Info Research) 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)
Union Community Co. Ltd
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
Market Segment by Applications, can be divided into
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 2017 and 2018.
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 2014 to 2019.
The Information and communications technology (ICT) refers to an essential aspect of information technology (IT) that focuses on the role of unified communications as well as the integration of telecommunications like wireless signals and telephone lines, in addition to computers and other software and its storage and audio-visual systems. This allows users to store, access, transmit, and tweak information. In other words, ICT refers to the combination of telephone networks and audio-visual with computer networks via single cabling or link system.
The worldwide ICT landscape has been experiencing radical transformation at an unprecedented rate, mostly owing to the adoption as well as the proliferation of creative applications and latest devices. Cutting-edge technology trends, including Cloud, Mobility, Social Media, and Analytics, are giving birth to flexible enterprises, in addition to improving customer experience, which has established exceptional value chains along with business models. Rise in broadband, mobile penetration, and the Internet has paved the way for the growth of the ICT market around the world. The demand for access to content and products anywhere and anytime, along with the need for enterprise agility is responsible for the surge in the ICT market. With around 3 billion Internet subscribers and 7 billion mobile subscribers globally, the ICT market is now being viewed as a substantial opportunity for technology marketers.
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