security technology market Biometric access control market to exceed $12B by 2019 Toronto, Canada Technavio has released updated information on the biometric systems market, with the publication of its new market research report. The global biometric access control systems market is expected to grow at a CAGR of more than 18% between 2015 and 2019, owing to the shift from nonbiometrics technologies such as PINs and smart cards for controlling access to secure premises. The research report outlines the market outlook of biometric access control systems with growth forecast until 2019 when the company predicts the market will exceed $12B. The market study details the market segmentation by government, BFSI, transportation, and healthcare. It includes the market shares for MEA, Latin America, Europe, and North America. The leading players analysed in this report include 3M Cogent, HID Global, M2SYS Technology, NEC, and Safran. North America is the largest market in the global biometric access control systems, accounting for a market share of around 38%. The region is experiencing higher adoption of biometric access control systems across BFSI and government sectors. “Of late, the market is witnessing increased demand for cloudbased biometric services as these are more secure and reliable. Also, these cloud services provide constant monitoring when compared to other biometric solutions. Cloud-based biometric services are cost effective for organisations as they require a huge cloud database to store biometric information of individuals,” says Navin Rajendra, Lead Analyst, ICT, Technavio Research. The need for highly secure identification and personal verification systems has increased especially in the BFSI sector. To avoid security breaches The need for highly secure identification and personal and transaction frauds, verification systems has increased especially in the BFSI sector. several global banks market are 3M Cogent, HID Gloand financial institubal, M2SYS Technology, NEC, tions are integrating biometrics and Safran. The market is highly technologies, such as voice recogfragmented with a large number nition and fingerprint recogniof multinational vendors and tion, with access control systems small local players. Intense comin cellphone-based applications to petition, advances in technology, provide customers secure access to and frequent changes in end-user online accounts. preferences constitute significant The key players in the global risk factors for the vendors. biometric access control systems Book your stand – before it’s too late Exhibition Seminars Security Banquet Reserve a stand at the most important technology-focused Danish security event – to be held in Copenhagen on the 16th to 17th of November 2016. The compact Sectech exhibition and seminars will be held at the Scandic Copenhagen Hotel and gather approximately 1000 security professionals from Scandinavia during two intensive days. The Sectech exhibition will focus on intruder alarms, video surveillance, access control and integrated solutions, displayed by 45 Scandinavian and international exhibitors. For reservations, please contact: The space is limited – hurry up to book your stand! Deniz Baykal, Phone: +46 8 556 306 80 Cell: +46 73 987 53 33, deniz.baykal@armedia.se Organisers: Media partners: www.sectech.nu AR M e d i a I n t e r n a t i o n a l A B , V ä s t b e r g a A l l é 3 2 , S 1 2 6 3 0 H ä g e r s t e n S w e d e n , Te l + 4 6 8 5 5 6 3 0 6 8 0 , Fa x + 4 6 8 1 9 1 0 1 1 , w w w. a r m e d i a . s e sectech DK 2016 engelska 1_2 s.indd 1 2016-02-17 11:55 Security News Every Day – www. securityworldhotel.com 10 • d etektor internati onal