Expressing thoughts on how choosing the biometrics technology for attendance and access control today, will be a consequential action for a developing tomorrow.
Ever since we stepped into the world of digitalization, it never remained an option but an essential asset for us. Digitalization being a mother have several verticals under it and biometrics technology is one of the most prominent among others.
We
are not here to discuss the merits and de-merits over it but, we will
try to throw light on how this technology has proved to be a winner
in the past, how it is assisting the world in various fields in
present days, and how it will bring the shining badges in the future.
HOW WE ARE MOVING TOWARDS BIOMETRIC ATTENDANCE:
Talking about our principal domain, the biometric attendance system is not a new name in the field and came into general operations in the early ‘90s.
Although
biometrics technology and its various authentication factors were in
the existence as well as in practice but, fingerprint authentication
was the first vector to came out for the common masses.
Biometric
attendance system with fingerprint, RFID, and proximity card came out
with huge success in the market and due to this unique yet safest
identification feature, it started becoming the first and the
foremost choice of the Corporate.
But why the world was choosing to move over to Biometric attendance?
Let’s hear it from an example; if you being the head of an organization wants to closely monitor the in and out of your office employees while calculating there genuine and total manpower hours and productivity, wouldn’t you require an authentic and trustworthy mechanism for the same?
Biometric fingerprint reader became one such trusted name with no chances of a security breach.
HOW BIOMETRICS IS PROVING TO BE A SAVIOUR:
The biggest testimony that reflects the biometrics has entered in every life starts from the digital id’s followed by their biometrics credentials as a security measure in different verticals.
And to get a clear picture of it, the statistics would be of great importance which are:
More than 86% of the people rely on biometrics and its authentication globally
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Approx. 60% of the smartphone applications verify the users through biometrics
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More than 76% of the people rely on fingerprint verification, 14% on facial recognition and rest on other forms of biometric authentication
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More than 80% of the Corporate rely on biometric authentication for attendance and 54% has installed access control systems at their workplace
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More than 82% of the workplace’s attendance, payroll, overtime, and other activiites are being calculated with the help of HR software synchronized with biometric attendance machine
Let’s have a look at the global statistical figures on how biometrics technology has emerged through years and what the market predicts for it:
The global biometric technologies market revenue from 2018 to 2027 clearly shows what kind of a steady growth the biometrics market have been and where it will be heading towards in the coming years.
Talking about the contactless biometrics technology market size, the graph clearly shows a steady growth in the years 2019-2020. just after the pandemic, contactless biometrics market will be at a boom and is estimated to reach a whooping figure of 30.15 Billion US Dollars from 8.25 Billion Dollars.
What’s Next In Biometrics:
