Fingerprint Access Control Systems market

Fingerprint Access Control Systems Market, Global Outlook and Forecast 2023-2029

  • 21 March 2023
  • Manufacturing & Construction
  • 115 Pages
  • Report code : PMR-7608709

  • 4.7 (158)

Fingerprint Access Control Systems Market

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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.

Fingerprint Access Control Systems Market aims to provide a comprehensive presentation of the global market for Fingerprint Access Control Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fingerprint Access Control Systems. Fingerprint Access Control Systems Market contains market size and forecasts of Fingerprint Access Control Systems in global, including the following market information:

Global Fingerprint Access Control Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Fingerprint Access Control Systems Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Fingerprint Access Control Systems companies in 2022 (%)

The global Fingerprint Access Control Systems market was valued at US$ 2303.8 million in 2022 and is projected to reach US$ 3514.8 million by 2029, at a CAGR of 6.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

We surveyed the Fingerprint Access Control Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Fingerprint Access Control Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Fingerprint Access Control Systems Market Segment Percentages, by Type, 2022 (%)

Optical

Capacitive

Ultrasonic

Thermal

Global Fingerprint Access Control Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Fingerprint Access Control Systems Market Segment Percentages, by Application, 2022 (%)

Commercial

Residential

BFSI

Others

Global Fingerprint Access Control Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Fingerprint Access Control Systems Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Fingerprint Access Control Systems revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Fingerprint Access Control Systems revenues share in global market, 2022 (%)

Key companies Fingerprint Access Control Systems sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Fingerprint Access Control Systems sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Fingerprint Access Control Systems, market overview.

Chapter 2: Global Fingerprint Access Control Systems market size in revenue and volume.

Chapter 3: Detailed analysis of Fingerprint Access Control Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Fingerprint Access Control Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Fingerprint Access Control Systems capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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