Fingerprint Access Control System Market to reach $4.76 Billion by 2023, report suggest
The Fingerprint Access Control System Market size is projected to generate revenue of USD 4.76 billion by 2023, a new research report by Global Market Insights has recently suggested.
The reason for future growth is related especially to the fact that multimodal biometrics based products have attracted popularity especially in e-IDs and passport verification systems. Integration of biometrics with consumer electronics particularly in smartphones has made the technology easily accessible for the public.
The report points out that capacitive systems are forecast to grow at a CAGR of 7.7% from 2016 to 2023. This technique makes the reader reliable as it is more difficult to fake enrolment. Furthermore, the optical fingerprint scanners market is likely to exceed USD 1.75 billion by 2023.
Ultrasonic scanning technique records fingerprint by very high frequency sound and is expected to be used in smartphones to measure 3D fingerprint images. Thermal scanning measures temperature differences over time as the finger is moved across a narrow array of sensors.
Government and commercial sectors dominated fingerprint access control system market share in 2015. Consumer electronics applications had a small revenue base, but are forecast to grow at over 10% CAGR over the forecast timeframe. Growing personal electronics industry that includes smartphones, tablets, and PCs is responsible for high estimated growth.
Access Control UK – here to answer all your access control needs and requirements
Access Control UK employs a variety of access control technologies in order to create advanced solutions, enable users to exert solid, reliable and accurate control over the access to specific premises or zones.
The access control systems supplied by Access Control UK also support an effective Fire Roll Call feature, which will enable employers to evacuate the personnel off the premises in a very orderly and clear manner, should a fire, explosion or some other type of catastrophe occur.
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 hit the contact button at the top of the screen, we’ll be more than happy to answer any queries you might have.
