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INSIGHTS

Global biometrics access control systems projected to have CAGR of 26% by 2019: report

Global biometrics access control systems projected to have CAGR of 26% by 2019: report
Global biometrics access control systems market to grow at a CAGR of 26% over the period 2014-2019 according to a report by Research and Markets.
Global biometrics access control systems market to grow at a CAGR of 26% over the period 2014-2019 according to a report by Research and Markets.

The report covers the present scenario and growth prospects of the global biometrics access control systems market for 2015-2019 as well as presents the vendor landscape with a corresponding detailed analysis of the top vendors operating in the market. Biometric access control systems are expected to gain traction in residential security to ensure secure access to homeowners and avoid unauthorized access to miscreants. 

The market is reportedly fragmented with the presence of many small and large vendors. The report presents a detailed product and feature comparison for key leading vendors and discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

To calculate the market size, the report considers the revenue generated from the sales of biometric solutions, including hardware, software, integrated solutions, and services used for access control. The report considers biometric access control systems used for on-premise and in networks. The revenue generated from after-sales services is not considered in the report.

Biometrics access control systems are based on the behavioral and physiological characteristics of an individual that are difficult to replicate. Various biometric technologies such as voice recognition, palm geometry recognition, DNA identification, gait recognition, fingerprint matching, facial recognition, iris recognition, signature verification, and vein recognition are integrated into access control systems. Biometric access control systems ensure physical and information security.
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