Fingerprint Access Control Market To Hit $4.41 Billion by 2022
The fingerprint access control market could reach $4.41 billion by the year 2022, a recent report released by Grand View Research has been able to reveal.
The firm cites government security measures and consumer electronics applications as the main drivers of the global fingerprint access control market. In the case of the latter, the increasing adoption of fingerprint scanning technology in personal mobile devices offers a major revenue boost, especially as user authentication becomes “crucial in the e-commerce sector”, which presumably includes the growing field of mPayments.
The report notes that optical, ultrasonic, capacitive, thermal, and pressure sensors are the dominant technologies in the market, with optical in the lead, valued at $900 million last year and expected to undergo annual growth of 7.5 percent (CAGR) until 2022.
Strong growth is also expected in the areas of biometric time and attendance systems, biometric access control for sensitive government facilities, and various government initiatives and consumer electronics applications in the Asia Pacific region, as well as Latin America.
Access Control UK employs a variety of access control technologies, including here RFID, to create advanced solutions, enable users to exert solid, reliable and accurate control over the access to specific premises or zones.
If you’d like to find out more about the range of solutions supplied by Access Control UK, both in terms of hardware (smart card readers, biometric readers, turnstiles, etc.) and software (access rights management software solutions, etc.), just contact us, we’ll be more than happy to answer any queries you might have.