Asia-pacific Biometrics In Physical Access Control Market: Forecast Analysis 2024-2032

Asia-pacific Biometrics In Physical Access Control Market: Forecast Analysis 2024-2032

As per Triton’s research report, the Asia-Pacific biometrics in physical access control market is estimated to progress in terms of revenue at a CAGR of 14.93% during the forecast period 2024-2032.

Governments in the Asia-Pacific region are leading digital transformation efforts, with digital identity ecosystems and adaptive security among the top five government technology trends for 2024. As per news reports, organizations in the APAC are unable to prevent around 40% of cyber attacks faced by their businesses and thus require better resources to combat them. In this regard, tech companies are now exploring cost-effective solutions for biometric access control tailored to SMEs and ensuring compliance with varying data privacy regulations. A rising need for advanced security solutions to protect densely populated areas further influences the expansion of the biometrics in physical access control market in this region.

The countries analyzed in this region include China, Australia & New Zealand, ASEAN Countries, Japan, South Korea, India, and Rest of Asia-Pacific.

China leads with a major market share, recording nearly $185.98 million in 2023.

As per a study published by Harvard and MIT, Chinese companies dominate the sector for facial recognition exports, with 201 deals, making the country a leading supplier of Facial Recognition Technology.

The government is also encouraging investments in biometric technologies to enhance national security through initiatives like the National Integrated Circuit Industry Investment Fund.

Emerging technologies such as 5G and (AI) create opportunities for new entrants to collaborate with local businesses and positively influence the reviewed market.

Biometrics in Physical Access Control Market Forecast for Japan

Recently, a trial run of face biometrics authentication to check the proof of concept was conducted at 11 airports in Japan, which involved 30,000 air travelers for six months. The facial recognition system had around 130,000 authentications and turned out to be successful, as it made zero errors. This case study is a prime example of how the country is prioritizing technological innovation by increasingly integrating biometric solutions to enhance physical access control and protect critical infrastructure, government facilities, and corporate premises. Additionally, government initiatives aimed at promoting biometrics for security highlight promising growth for the biometrics industry, thereby creating a demand for biometric access control mechanisms.

The biometrics in physical access control market is segmented by modality and end-user. Based on modality, it is further classified into facial-based, eye-based, hand-based, voice-based, handwritten-based, and other modalities. Facial-based biometric recognition systems are leading the way in identity verification, utilizing unique facial features for authentication. These systems include facial recognition, facial thermography, and 3D facial imaging. Facial thermography measures facial temperature patterns, and 3D facial imaging constructs a three-dimensional model of the face. Security agencies use facial recognition for surveillance and identity verification, while retailers leverage it to provide personalized shopping experiences.

Contender Analysis in the Biometrics in Physical Access Control Market:

NEC Corporation is a Japan-based company that provides systems, services, integrated solutions, and components for communications and computing applications. The company runs its business through five segments, namely, public business, system platform business, telecom carrier business, enterprise business, and others. Its portfolio encompasses biometric video surveillance, technologies, and other access control solutions. The company has its presence across different regions, including North America, Europe, the Asia-Pacific, and South America and is headquartered in Japan.

As per its press release in May 2024, the company announced that it would introduce a face recognition payment system at Expo 2025, using facial recognition and additional face-based authentication for admission management. This system will enhance user convenience with hands-free payments and prevent identity theft.

Other key contenders in the market include Allegion Plc, Idemia Group, Axis Communications AB, Assa Abloy AB Group, NEC Corporation, Schneider Electric SE, Identiv Inc, Nedap NV, Avigilon Corporation, Thales Group, Honeywell International Inc, Bosch Security System Inc, Johnson Controls Inc, and Dormakaba Holding AG.