Biometrics is increasingly becoming the go-to choice for those seeking out the most sophisticated options for access control and workforce management. Two separate studies have now focused on the way in which biometrics is a game changer in this area and how these key technologies are going to play a role in helping the access control market to expand considerably in the years to come.
The access control market is set to reach $15 billion
A report by Future Market Insights identified that the access control market is going to expand considerably over the next decade, reaching a value of $15 billion in ten years’ time (or before). At the heart of this expansion is going to be the driving force of technologies, such as biometrics, which are making new developments possible and opening up the market to a range of new consumers. Iris recognition is without a doubt going to be one of the most significant areas of biometrics – growth rates of 16% are forecast in this field by 2031. This is an unsurprising development given the impact that COVID-19 has had on the world in the past year. Biometrics isn’t just a very secure option when it comes to access control but a technology like iris biometrics also allows for hands-free entry, which is something that is a goal for many businesses today and which could make handling any future outbreaks a much simpler process.
Why is biometrics so important?
The pandemic has fueled a rise in the demand for biometrics around the world, and not just in iris biometrics. Whether you’re looking at government organisations or businesses across a whole range of industries there is a definite upward shift in the use of biometrics for purposes such as authentication and identification. One report recently identified that there will be a huge spike in the use of biometrics in the coming years – for example, the iris biometrics market is forecast to reach $4.3 billion by 2026. In addition to the use of biometrics for authentication and identification, demand is also being driven by:
- Criminal identification
- E-passport applications
- Biometric surveillance in public areas
- Need coming from the eCommerce sector
- The implementation of hosted security systems on the cloud
- Where are we likely to see biometrics take off the most?
While demand is growing all over the world there are some areas where the desire to invest in biometrics for access control and workplace management is likely to spike in the coming months and years. In particular, the US and China are forecast to lead the way with this kind of technology. Countries such as Japan, Canada and Germany aren’t going to be that far behind when it comes to making investments in this exciting new field
Biometrics is the future of access control and workforce management – and a technology that offers a vast range of benefits to those that invest in it. From greater security to hands-free entry the advantages are obvious