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Asia Pacific Profiles of Local Industry Participants: Physical Security
Market |
Security |
Report Type |
Market Research |
Country |
Asia |
Published |
11 November 2010 |
Number of Pages |
165 |
- |
|
Publisher |
Frost and Sullivan |
File Format |
- |
Increasing Number of Applications Bodes Well for Physical Security Companies in Asia
This research service titled Asia Pacific Profiles of Local Industry Participants: Physical Security provides a competitive overview of the industry participants in the Asia Pacific region. In this research, expert analysts thoroughly examine the following technologies: biometric readers, iris scanner, and palm vein scanner.
Market Overview
The steady growth in the number of video surveillance deployments in the Asia Pacific has been supplemented by an increase in the implementation of contactless biometric solutions across specific applications. For instance, voice biometrics is becoming increasingly popular in a number of projects in the banking and healthcare verticals and is expected to soon become the key mode of client identification. Following this spurt in demand, numerous local vendors in the region have started to diversify their product portfolio and provide more custom-made solutions.
To further tap the vast Asia Pacific market, participants have to address users' privacy concerns regarding auto identification. With the availability of cheaper alternatives such as swipe cards and keypad entry, many would rather wait till the prices of biometric systems drop before investing in the technology. However, smaller form factors and technological advances that have indeed lowered the costs of the devices have resulted in numerous biometric and video surveillance devices being used for niche applications.
Moreover, the enforcement of numerous national ID programs and security mandates across the region has made it imperative to implement the latest and most secure auto identification technologies that also have a demonstrable ROI. Countries such as Singapore, Taiwan, and Japan are already leading the way in terms of mass surveillance and access control management through biometrics and video surveillance.
Market Sectors
Expert analysts thoroughly examine the following market sectors in this research:
- Banking
- Healthcare
- Physical Security
Technologies
The following technologies are covered in this research:
- Biometric readers
- Iris scanner
- Palm vein scanner
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