What is Biometric Access Control Software Market?
The biometric access control software improves the security of networks, applications, and physical locations by requiring biometric factors as an additional access qualifier. Biometric access control tools use physical features (such as the face, fingerprint, or voice recognition) to verify a user's identity. They are often combined with tools for physical access control or combinations of username and password as a secondary level of authentication. Since biometric features are much more difficult to imitate, companies use these tools to improve the security and effectiveness of authentication processes. Development, security and IT teams can use biometric access control software for various or similar purposes. Development teams can integrate biometric access control into mobile or web applications. IT and security teams can use the tools to improve security and support identity management processes. Depending on the application, end users can either be internal employees or customers. To qualify for biometric access control, a product must use biometric access control methods such as the face, fingerprint, voice, or behavioral biometric factors, use native device components to facilitate biometric authentication, and integrate with existing applications or deploy development Kits for developing biometric access control functions.
The market study is being classified by Type (On-Premise and Cloud-Based), by Application (Small and Medium-Sized Enterprises (SMEs) and Large Enterprises) and major geographies with country level break-up.
Microsoft Corporation (United States), Oracle Corporation (United States), Johnson Controls (Ireland), Honeywell (United States), BioEnable (India), S2 Security Corporation (United States), Kisi (United States), Kintronics (United States), BioConnect (Canada), Mantra Softech Pvt. Ltd. (India) and CEM Systems (Ireland) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Biometric Access Control Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Biometric Access Control Software market by Type, Application and Region.
On the basis of geography, the market of Biometric Access Control Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Biometric Access Control Solutions Owing To Increasing Crime Rates Globally
- The Increasing Demand for Biometric Access to Monitor and Record Employee Activities
- The Growing Need to Restrict Physical and Virtual Access to Authorized Personnel
Market Trend
- Adoption of IoT-Based Security Systems with Cloud Computing Platforms
- The Adoption of Access Control as a Service (Acaas)
- The Demand for Access Control Systems Is Increasing Since They Reduce the Need for Manned Security
- The Cost-Effectiveness, User-Friendliness and Easy Integration of Biometric Technologies
Restraints
- Increasing Cyber and Malware Attacks like Identity Theft, And Data Breach
Opportunities
- Technological Advancements and Deployment of Wireless Technology in Security Systems
- Growing Government Spending To Enhance Security
- Increasing Investments for Digitalization, Significant R&D, and Increasing Industrialization in APAC
Challenges
- Lack of Awareness in Developing Economies about Advanced Security Solutions and Applications
Key Target Audience
Providers of Biometric Access Control Software, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others