Capacitive Fingerprint Access Control Systems Market is projected to increase at a CAGR of almost 7.5% by 2023. Capacitive fingerprint access control systems are cost-effective and can be easily integrated into small devices, which results in their increased adoption across the healthcare and banking sectors.
Optical technology-based fingerprint access control systems market contributed to 35% of the global share in 2015 and is projected to exceed USD 1.75 billion by 2023. This growth can be attributed to the features provided by optical technology, such as high resolution, excellent image quality, low-cost maintenance, convenient integration, and high durability.
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Fingerprint access control systems find applications in healthcare, consumer electronics, military & defense, government, banking & finance, and other commercial applications.
Banks and other financial organizations across the globe are incorporating high-end integrated technologies to mitigate security threats, avoid transaction frauds, and provide consumers with safe and secure account access. Adoption of biometric systems for personal identification and verification across the BFSI sector will be a major driving factor for Fingerprint Access Control Systems Market.
Regional Overview: –
– Asia Pacific Fingerprint Access Control Systems Market is predicted to grow at a CAGR of more than 7.5% over 2016-2023, driven by criminal activities, increased security concerns, and favorable government initiatives in countries such as India and China.
– U.S. houses industry giants such as NEC Corp. of America and 3M Cogent, which will drive regional demand. Increasing requirement of security systems across the healthcare and consumer electronics sectors will drive U.S. fingerprint access control systems market.
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Key participants include Lockheed Martin Corporation, Aware, Inc., 3M Cogent, NEC Corporation of America, Cross Match Technologies Inc., and SecuGen Corporation. Other contributors include Safran Group, IDtech 360, Anviz Global, ZKTeco, Merkatum Corporation, Fingerprint Cards AB, Daon Inc., and Suprema Inc.
Glimpse of Table of Content (ToC): –
3.8 PESTEL analysis
Chapter 4 Fingerprint Access Control Systems Market Technology Insights
4.1 Fingerprint access control market share by technology, 2015 & 2023
4.2.1 Market estimates and forecast by region, 2012 – 2023
4.3.1 Market estimates and forecast by region, 2012 – 2023
4.4.1 Fingerprint Access Control Systems Market estimates and forecast by region, 2012 – 2023
4.5.1 Market estimates and forecast by region, 2012 – 2023
4.6.1 Market estimates and forecast by region, 2012 – 2023
Charts & Figures
FIG. 1 Fingerprint Access Control Systems Market Segmentation
FIG. 2 Global fingerprint access control market, (USD Million), 2012 – 2023
FIG. 3 Industry ecosystem analysis
FIG. 4 Industry Impact forces
FIG. 5 Global smartphones market, 2012 – 2022 (Volume & Revenue)
FIG. 6 Growth potential analysis
FIG. 7 Porter’s analysis
FIG. 8 PESTEL analysis
FIG. 9 Fingerprint access control market share by technology, 2015 & 2023
FIG. 10 Optical sensing demand (USD Million) 2012 – 2023
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