Global Fingerprint Access Control Systems Sales Market Report 2022

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.
Market Analysis and Insights: Global Fingerprint Access Control Systems Market
Due to the COVID-19 pandemic, the global Fingerprint Access Control Systems market size is estimated to be worth US$ 2239 million in 2021 and is forecast to a readjusted size of US$ 2239 million by 2028 with a CAGR of 6.5% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Fingerprint Access Control Systems global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Fingerprint Access Control Systems key players include IDEMIA(Safran Group), Kaba, BOSCH Security, Johnson Controls, NEC Corporation, etc. Global top five manufacturers hold a share over 30%.
North America is the largest market, with a share over 20%, followed by China and Europe, both have a share about 40 percent.
In terms of product, Capacitive is the largest segment, with a share about 50%. And in terms of application, the largest application is Residential, followed by Commercial.
Global Fingerprint Access Control Systems Scope and Market Size
The global Fingerprint Access Control Systems market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Fingerprint Access Control Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Optical
Capacitive
Ultrasonic
Thermal
Segment by Application
Commercial
Residential
BFSI
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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

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