openPR Logo
Press release

Fingerprint Access Control System Market Demand, Supply, Growth & Forecast By 2017 – 2023

08-29-2017 04:47 PM CET | IT, New Media & Software

Press release from: marketsizeforecasters.com

/ PR Agency: Market size forecasters
Fingerprint Access Control System Market size is set to exceed USD 4.5 billion by 2023; according to a new research report.
Growing number of security concerns among individuals and organizations will propel the fingerprint access control system market size. Large enterprises have adopted robust security mechanisms to eliminate the usage of passwords and implementing multimodal biometrics solutions as a means of authentication. These systems offer consistent access control, avoid security breaches, and minimize deceitful transactions.
Get sample Copy of this report: @ https://marketsizeforecasters.com/get-sample/188095/?utm_source=opr-SL
The above information has been provided on a regional and country basis for the following: North America, U.S., Canada, Europe, Germany, UK, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, MEA.
Fingerprint Access Control System market by product Optical, Capacitive, Pressure, Ultrasonic, Thermal.
Asphalt mixing , plants market by application Commercial, Consumer electronics, Government, Military & defense, Banking & finance, Healthcare, Others.
The customers with high-security needs are widely adopting biometrics to ensure the identity authentication of the individuals, giving a boost to fingerprint access control system market. Furthermore, they are keen on eliminating the need for smart cards to evade the associated cost such as loss, or defective cards.
Rising adoption of smartphone technology is forecast to propel growth, this is largely due to the growing security concerns regarding the data integrity among users. Furthermore, the integration of mobile wallet technology is providing lucrative opportunities for the fingerprint access control system market.
Escalating demand for cloud-based biometric services is predicted to gain traction through the forecast time-period. This growth is attributed to the ability of the technology to deliver reliable and secure solutions. In addition, these cloud services deliver constant monitoring in comparison to other biometric solutions. Cloud-based biometric services are cost effective solutions for organizations as they require a huge cloud database to store user information. Increasing demand for advanced iris based or palm based authentication systems may hamper the fingerprint access control system market growth.
Get Discount on this Report: @ https://marketsizeforecasters.com/enquire-for-discount/188095/?utm_source=pd-SL
Key insights from the report include:
Capacitive fingerprint access control system market share will witness significant growth rate with nearly 7.5% CAGR estimation. In 2015, optical access control systems dominated the industry with over 35% of the overall share owing to high durability and quality image capturing features.
Increasing adoption of electronic products such as personal computers, smartphones, and tablets will drive growth in the consumer electronics sector. These devices require an enhanced level of security features to protect their data, therefore, companies are increasingly integrating advanced security features, boosting the fingerprint access control system market share.
Increasing need for secure identification and personal verification systems across BFSI applications will drive fingerprint access control system market demand. Moreover, to eliminate transaction frauds and security breaches, numerous global financial institutions and banks are integrating biometrics technologies, such as fingerprint recognition, with access control systems in cellphone-based applications to provide customers secure access to online accounts.
Asia Pacific is anticipated to witness significant growth at over 7.5% CAGR from 2016 to 2023 due to rising government initiatives towards internal and external security in the attractive regions such as China and India fingerprint access control system market.
Companies operating in the fingerprint access control system market include Crossmatch Technologies Inc., 3M Cogent, Lockheed Martin Corporation, SecuGen Corporation, Aware, Inc and NEC Corporation of America. Daon Inc. Anviz Global, ID Tech, Suprema Inc., Safran Group, Merkatum Corporation, ZKTeco and Fingerprint Cards AB (FPC) are among the other notable players. Industry participants are focusing on frequent acquisitions and new product developments strategy to gain prominence in the industry. For instance, in September 2016 Crossmatch announced the launch of its ten-print sensing technology that it is specifically developed to modernize systems.
Related Report:
Global Testing, Inspection and Certification Market by Manufacturers, Countries, Type and Application, Forecast to 2022
Companies provide inspection, verification, testing and certification services and related support functions such as auditing, consulting and training. The purpose of these services is to increase pro...
https://marketsizeforecasters.com/global-testing-inspection-and-certification-market-globalinforesearch/?utm_source=RR-SL

MarketSizeForecasters.com, a Skyline Market Research LLP brand, is an online aggregator of market research reports. MarketSizeForecasters.com offers a comprehensive collection of full length reports on global and regional markets in 100+ industry verticals. We have partnered with some of the leading business and market research publishing houses and regularly update our online library to offer wide range of reports to our customers.

Market size forecasters
The Green Suite #4594,
Dover, DE 19901
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2150
Email: sales@marketsizeforecasters.com
Website: http://marketsizeforecasters.com/
News: https://marketsizeforecasters.com/news
Connect with us: LinkedIn | Twitter

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fingerprint Access Control System Market Demand, Supply, Growth & Forecast By 2017 – 2023 here

News-ID: 689781 • Views:

More Releases from marketsizeforecasters.com

Electrical Steels Market Growth and key Industry Players 2017 Analysis and Forec …
MarketSizeForecasters.com adds a new Electrical Steels Market research report that provides a detailed market overview as well as industry analysis for / of companies, manufacturers and distributors covering data on gross margin, cost structure, consumption value, sale price and more. Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel,
Barcode Verifiers Market Size 2022 RJS Technologies, Cognex Corporation, Axicon …
MarketSizeForecasters.com adds a new Barcode Verifiers Market research report that provides a detailed market overview as well as industry analysis for / of companies, manufacturers and distributors covering data on gross margin, cost structure, consumption value, sale price and more. Barcode verifiers are used to guarantee that the barcodes you print are high quality and 100% compliant to your symbology specifications. Barcode verifiers are able to provide a detailed report about
Advanced Analytics Market Technological Advancements, Evolving Industry Trends a …
The growing Media and Technology industry has provided a major boost to the Global Advanced Analytics Market as more people are shifting their preferences to compact and lightweight Advanced Analytics carrying options. The Report covers top players are IBM Corporation, Microstrategy, Oracle Corporation, SAP SE, SAS Institute, INC. The Global Advanced Analytics Market report covers every aspect of the Market including statistics and key insights for the customers. This report studies
Global Augmented and Virtual Reality in Healthcare Market Set for Rapid Growth and Trend by 2022
Global Augmented and Virtual Reality in Healthcare Market Set for Rapid Growth a …
Market Size Forecasters Explore New Global Augmented and Virtual Reality in Healthcare Market Size, Status and Forecast 2022 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 99 pages with table and figures in it. This market research report gives an in-depth idea about the global Augmented and Virtual Reality in Healthcare market. It highlights the recent market scenario,

All 5 Releases


More Releases for Corporation

Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report. The global endotherapy devices market is projected to reach
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary
Smart Camera Market || Key Players - Samsung Electronics Co., Canon Inc., Nikon …
Looking at the current market trends as well as the promising demand status of the Smart Camera Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Smart Camera Market. Readers can gather prime facets connected to the target market which includes product, end-use and application;
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally. Introduction Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. Get PDF for more Professional and Technical insights
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market