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Asia Pacific Profiles of Local Industry Participants: Physical Security
Frost & Sullivan, Nov 2010, Pages: 165
This study covers a partial list of industry participants across the biometrics and video surveillance industry in the Asia Pacific region. The study lists out key information of the company such as inception, key personnel information as well as key financial data. Companies have been selected across a number of countries in the Asia Pacific region some of which include Japan, Malaysia, Singapore, Taiwan, China and others. More to this, a brief description of the individual company's market position based on its coverage is provided.
This Frost & Sullivan 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, Frost & Sullivan's expert analysts thoroughly examine the following technologies: biometric readers, iris scanner, and palm vein scanner.
This analysis is available through our Automatic Identification & Security Growth Partnership Services program. With continuous access to intelligence and resources from all seven perspectives of the Complex Business Universe, the Growth Partnership Services program ensures that you and your Growth Team™ are able to maintain a 360 Degree Perspective of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.
Market Overview
Increasing Number of Applications Bodes Well for Physical Security Companies in Asia
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,” says the analyst of this research.
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,” notes the analyst. “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.”
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Banking
- Healthcare
- Physical Security
The following technologies are covered in this research:
- Biometric readers
- Iris scanner
- Palm vein scanner
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