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Research report published by Proficient Market Research “Contactless Access Control Systems Market (By Type – Smartphone Applications, Non-touch Biometrics, Contactless Fobs, and Others; By End-use: Residential, Commercial, Industrial, Government & Defense) Market – Growth, Future Prospects, Government & Defense) Post COVID-19 Scenario 2020 – 2028”, states that the global contactless access control systems market is expected to grow at a CAGR of 25.1% during the forecast period from 2020 to 2028.
Contactless access control systems have become the need of the hour on account of the ongoing COVID-19 pandemic. Several traditional electronic access control systems involving digital keypads, fingerprint scanners and physical card readers have become a major area of concern in restricting the spread of the coronavirus. In addition, other touchless technologies such as facial recognition, voice recognition and iris scan have been ineffective, as a personnel are required to wear facemasks. Thereby, there has been an unprecedented need for the overall access control industry to pivot to contactless credentialing methods.
The companies operating in the contactless access control systems market include:
Major key players in the contactless access control system market include NEC Corporation, HID Global Corporation, Fujitsu Limited, Thales Group SA, Aware, Inc., IDEMIA Group, Touchless Biometric Systems AG, Identiv, Inc., PERCo Company and Kisi Inc.
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The contactless access control systems market is segmented by type into the following:
In 2019, the non-touch biometric segment led the overall contactless access market in terms of market value accounting for over 40% of the global market. Technologies such as facial recognition, voice recognition and iris scan, among others have been used over the years for user authentication. However, due to health safety concerns, individuals have been wearing facemasks to avoid the spread of the coronavirus making the existing systems ineffective in correctly recognizing individuals.
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Based on End-use, the contactless access control system market is segmented into following:
In 2019, the commercial segment led the overall contactless access control systems market in terms of market value. In addition, with the ongoing health safety concerns, the segment is also expected to witness continued demand during the forecast period from 2020 to 2028. Various other end-use segments such as industrial, government & defense have been primarily making use of a combination on access control methods in order to ensure higher degree of physical security.
Contactless Access Control System Market in Asia Pacific is expected to register the largest share during the forecast period
In 2019, Asia Pacific held the largest share in the contactless access control system market due higher concentration of corporate and IT companies, industrialization with wide number of manufacturing companies that require to monitor their employees’ working hours and attendance. Rapid growth of the business sector and high tech innovative companies have resulted in the need for new systems that can minimize contact among people.
Browse Adjacent Markets: Computing and Technology Market Research Reports & Consulting
Trends and Future Outlook:
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