Biometric access control systems market to record double-digit growth by 2019, research suggests
The global biometric access control systems market is set to record double-digit growth rates from 2015 to 2019, a recent market research report has been able to reveal.
The report from Technavio estimated that the global biometric access control market will be close to $12.4 billion by 2019, up from its $5.3 billion value in 2014. The market will grow at an 18.39 percent CAGR from 2015 to 2019, it forecast.
Research estimated North America’s biometric access control market value at about $2 billion in 2014 and revealed that it will likely rise at a CAGR of 16.85 percent in the forecast period, reaching $4.37 billion by 2019. North America also had the largest market share in 2014, at 37 percent, but it’s likely to record a slight drop in the future to make up about 35 percent of the market in 2019.
Europe held the second largest share with about 28 percent of the market in 2014, according to the paper, and the APAC region comprised around 27 percent at that time.
Multi-modal technologies that combine different biometrics, or biometrics with other access control technologies like PINs or passwords—will be a trend across this time period, the paper has also been able to reveal.
Tensor Biometric Access Control Systems – superior reliability and complete peace of mind
Biometric technology uses human physical attributes as locks and keys, making it particularly suitable for access control systems on the buildings of large organisations. Using biometrics for security and identification requires meeting two challenges: they must be cheap enough and sufficiently simple to be used by ordinary users. Furthermore, for enhanced security, these biometric access control systems should combine two or more types of authentication, such as coupling fingerprints with key codes or passwords to provide greater trust that who is logging in is only who is expected to do so.
Tensor Plc, the UK’s number one manufacturer and installer of time and attendance and access control systems, supplies a range of top-range, reliable and affordable biometric access control systems based on Smart Card electronics combined with a biometric fingerprint reader.
In an elegant case and easy to use, this product is for those who want the absolute peace-of-mind, certainty and the assurance that only the right people can gain access to your sensitive or dangerous areas.
If you’d like to find out more about the extensive range of access control solutions supplied by Tensor, just contact us or Book a Demo, we’d be more than happy to answer all of your questions and queries.