GLOBAL BIOMETRIC ACCESS CONTROL MARKET

INTRODUCTION

 A digital entrance system called a biometric access control system uses biometric technologies to regulate physical access to a building or space. The system uses many techniques, including facial recognition, fingerprint recognition, palm recognition, and others, to identify those who should be permitted admission into a secure area.

A brief definition of biometrics is as follows: Biometrics are biological measurements, or physical traits, that can be used to identify people. Examples of biometric technology include fingerprint mapping, facial recognition, and retina scanning, however these are merely the most well-known techniques.

A biometric system is a real-time identification system that locates a person by taking a measurement of a specific physical or behavioural trait and comparing it to a database of traits shared by numerous individuals.

GLOBAL BIOMETRIC ACCESS CONTROL MARKET SIZE AND FORECAST

 The global Biometric Access Control market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

A two-factor authentication solution for access control has been launched by Zwipe, a biometric fintech company with headquarters in Norway, and is based on their biometric authentication technology platform. 

As it enters the access control market, Zwipe announces partnerships with several well-known names in the security sector, including Southco, the top global designer and producer of engineered access solutions, LeGrand, the global specialist in high-value-added products and solutions for commercial, residential, and industrial buildings, and HID Global, an ASSA ABLOY Group brand and a leader in trusted identity solutions.

For the first time, the entire solution will be showcased at TRUSTECH in Paris on Zwipes stand.

The CEO of Zwipe commented on this development, saying, "With the help of Zwipe's cutting-edge biometric authentication technology platform, Zwipe is prepared to enter into adjacent areas, starting with Access Control."

They believe their biometric card solution will address numerous security issues in this area and that there is a clear demand for far more robust access control solutions. They are especially pleased to collaborate with such esteemed businesses and anticipate that their offering will have a substantial positive impact on this industry.

COMPANY PROFILE

• HIRAL TEKTRONIX PVT. LTD
• SMARTECH ELECTRONIC SYSTEMS
• SECURITY VISION
• RAKSHAK SECURITY SYSTEMS
• DANI DATA SYSTEMS ( INDIA ) PVT

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Biometric Access Controls  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Biometric Access Control  and key vendor selection criteria
3. Where is the Biometric Access Control  manufactured? What is the average margin per unit?
4. Market share of Global Biometric Access Control  market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Biometric Access Control  in-house
6. key predictions for next 5 years in Global Biometric Access Control  market
7. Average B-2-B Biometric Access Control  market price in all segments
8. Latest trends in Biometric Access Control  market, by every market segment
9. The market size (both volume and value) of the Biometric Access Control  market in 2023-2030 and every year in between?
10. Production breakup of Biometric Access Control  market, by suppliers and their OEM relationship