Product Code: 978-1-68038-491-8
Fingerprint Access Control Systems Market Growth & Trends:
The global fingerprint access control systems market size is expected to reach USD 9.80 billion by 2030 and grow at a CAGR of 12.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Technological proliferation backed by increasing need for secure authentication and recognition of individuals across distinct end-use industries are the factors expected to impel fingerprint access control market growth over the forecast period. Moreover, declining prices of fingerprint technology has led to an overall increase in its global demand.
Favorable government initiatives and standards worldwide is expected to contribute to the industry growth over the forecast period. The governments across several countries have formed regulations governing the usage, gathering and disposal of biometric information by entities, however the affluence of these laws varies extensively over regions. For instance, in the U.S. state of Illinois with its Illinois Biometric Information Privacy Act, 740 ILCS 14/1, et seq. and Texas with its Bus. & Com. Code Ann. § 503.001 strictly regulate the use, revelation, and the final destruction of biometric data by a private entity. The state of Illinois compels such entities to develop written policies describing their biometric data collection methods.
Use of fingerprint access control in government and commercial sector has contributed immensely to industry growth. Need for security is one of the key factors driving market demand. Multimodal biometrics based products have enticed popularity specifically in passport and e-IDs verification systems.
Fingerprint Access Control Systems Market Report Highlights:
- Optical accounted for the largest market revenue share of 37.2% in 2023 owing to the rising need for enhanced security systems in sectors such as banking, government and healthcare.
- The electronics segment dominated the market with 23.5% in 2023. Significant growth is being witnessed in the commercial electronics sector, driven by the rising need for advanced security systems across different industries.
- North America fingerprint access control systems market dominated the global market with 36.1% share in 2023 due to the growing need for high-tech security systems in both business and home environments.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Fingerprint Access Control Systems Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Fingerprint Access Control Systems Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Fingerprint Access Control Systems Market: Technology Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Fingerprint Access Control Systems Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Optical
- 4.3.1. Optical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Capacitive
- 4.4.1. Capacitive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Pressure
- 4.5.1. Pressure Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Ultrasonic
- 4.6.1. Ultrasonic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Thermal
- 4.7.1. Thermal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Fingerprint Access Control Systems Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Fingerprint Access Control Systems Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Commercial
- 5.3.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Consumer electronics
- 5.4.1. Consumer electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Government
- 5.5.1. Government Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Military & defense
- 5.6.1. Military & defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Banking & finance
- 5.7.1. Banking & finance Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Healthcare
- 5.8.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Others
- 5.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Fingerprint Access Control Systems Market: Regional Estimates & Trend Analysis
- 6.1. Fingerprint Access Control Systems Market Share, By Region, 2023 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. U.K.
- 6.3.2.1. U.K. Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. Australia
- 6.4.6.1. Australia Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Saudi Arabia Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. UAE
- 6.6.3.1. UAE Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Fingerprint Access Control Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. 3M Cogent, Inc
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. IDEMIA
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. BOSCH Security
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Johnson Controls Inc.
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. NEC Corporation
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. HID Global Corporation
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Hitachi, Ltd.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Suprema Inc.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. UNIONCOMMUNITY Co. Ltd
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Matrix Systems
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives
- 7.4.11. Lockheed Martin Corporation.
- 7.4.11.1. Participant's Overview
- 7.4.11.2. Financial Performance
- 7.4.11.3. Product Benchmarking
- 7.4.11.4. Recent Developments/ Strategic Initiatives