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Fingerprint Access Control Systems Market Analysis, Share, Regional Outlook, Industry Trends, Competitive Strategies And Segment Forecast, 2012 To 2022

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Hexa Research Inc.
Industry Research,Custom Research & Consulting
Fingerprint Access Control Systems Market Analysis,
Market Size, Share, Regional Outlook, Industry Trends,
Competitive Strategies And Segment Forecast, 2012 To 2022
Industry Overview
Global fingerprint access control systems market size is expected to reach USD 4.4 billion by 2022,
growing at a CAGR of over 7% from 2015 to 2022. Escalating safety and security threats is anticipated to
drive industry growth. Fingerprint authentication offers a reliable solution to enhance access control
thus, assists to mitigate security breaches as well as transaction frauds.
The global smartphone industry was valued at USD 2.5 billion in 2013. It is expected to reach USD 4.4
billion by 2022, growing at a CAGR of 7% over the coming years. Emergence of multi-functional and costeffective smartphones is expected to fuel growth. Huge demand from Asia Pacific is estimated to drive
fingerprint access control systems market demand.
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Highly competitive business environment is likely to boost confidentiality needs for organizational data
and information. Biometric systems market is anticipated to witness significant growth owing to
incapability of password and security PINs to safeguard the data. This safety equipment is increasingly
implemented for home fortification. Government around the globe is now taking stringent initiatives for
biometric enrolment of their citizens. Advent of projects such as national identification programs, epassports and border control are expected to drive industry growth. This measure can be attributed to
secure borders, prosecute criminals, verify immigration or employment and combat identity fraud or
terrorism.
Implementation of this system requires huge capital investment. Apart from installation cost, it also
involves allied expenses such as enrolling users, administering the system and training expenditures.
However, theft or misuse of data is likely to pose a serious risk to the individual’s security. Fingerprint
access control system market is expanding its roots into commercial, government as well as healthcare
sectors. Its high penetration rate is projected to pose potential opportunities to the industry demand.
Product Overview
Capacitive products accounted for over 27% of the overall industry share in 2014. It is anticipated to
exceed over USD 1.3 billion by 2022 owing to its low cost as well as compact size. Optical products were
valued over USD 900 million in 2014. It is estimated to grow at a CAGR of over 7% from 2015 to 2022.
The growth can be attributed to high image quality robust long life of the system.
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Application Overview
Commercial application was the leading segment, valued over USD 850 million in 2014. It is expected to
exceed USD 1.4 billion by 2022, growing at a CAGR of 6.5% over the forecast period. The surge can be
addressed to rising safety as well as security demands in various organizations. Consumer electronics
accounted for over 4.5% of the overall market share. The growth can be accredited to rapid growing
need for access control features in tablets & smartphones.
Regional Overview
North America fingerprint access control systems market was sized over USD 850 million in 2014. It is
projected to accumulate more than 30% of the overall industry share by 2022. Regional growth can be
attributed to flourishing biometric application in healthcare as well as consumer electronics industries.
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Asia Pacific fingerprint access control systems market is expected to witness considerable growth owing
to increasing government initiatives in the region. It is likely to grow at a CAGR of over 7.5% from 2015
to 2022.
Competitive Market Share
The global fingerprint access control systems market share is highly consolidated by top three
companies. 3M Cogent, Safran Group and NEC Corporation are estimated to account for more than 70%
of the overall industry share in U.S. Other key players in U.S industry include Suprema, HID Global (Assa
Abloy), Cross Match, Fingerprint Cards (FPC), Aware Inc, SecuGen, Daon Inc and Anviz Global among
others.
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources
Chapter 2 Executive Summary
2.1 Fingerprint access control - Industry summary and key buying criteria, 2012 - 2022
Chapter 3 Fingerprint Access Control Industry Overview
3.1 Market segmentation
3.2 Market size and growth prospects
3.3 Fingerprint access control value chain analysis
3.4 Fingerprint access control market dynamics
3.5 Key opportunities - Prioritized
3.6 Industry analysis - Porter’s
3.7 Fingerprint access control – Key company analysis, 2014
3.8 Fingerprint access control PESTEL analysis
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Chapter 4 Fingerprint Access Control Product Overview
4.1 Fingerprint access control market share by product, 2014 & 2022
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4.2 Optical
4.3 Capacitive
4.4 Pressure
4.5 Ultrasonic
4.6 Thermal
Chapter 5 Fingerprint Access Control Application Overview
5.1 Fingerprint access control market share by application, 2014 & 2022
5.2 Commercial
5.3 Consumer Electronics
5.4 Government
5.5 Military & Defense
5.6 Banking & Finance
5.7 Healthcare
5.8 Others
Chapter 6 Fingerprint Access Control Regional Overview
6.1 Fingerprint access control market share by region, 2014 & 2022
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 Latin America
6.6 MEA
Chapter 7 Competitive Landscape
7.1 Anviz Global
7.2 Aware, Inc.
7.3 3M Cogent
7.4 Cross Match Technology
7.5 Daon Inc.
7.6 Diamond Fortress Technologies
7.7 EnterTech Systems
7.8 Fingerprint Cards AB (FPC)
7.9 Hitachi-Omron Terminal Solutions
7.10 IDtech 360
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business environment and enable them to undertake strategic growth initiatives.
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