The Covid-19 pandemic has influenced all industries across the world. With the strike of worldwide economic development, the Biometric security system industry has also undergone an intense influence. The security system business partners are discovering methods to keep a reliable market development by using advanced technologies that support security without compromising Covid-19 security. Soon, it is predicted to improve from the impacts of a pandemic by making some variations in security technologies.
In this blog, we will measure the influence of Covid-19 on the security system market and the improvement of the Biometric security system in 2021. We will lead you within emerging technologies such as connected security systems, touchless biometric systems, thumb scans, hybrid face recognition systems, and integrating biometrics with access control systems.
Influence of Biometrics on Developing Security Industry in the Pandemic Era and Beyond
The global biometrics market and its technologies are developing, especially due to the fast use-case development and various biometric modalities over physiological and behavioral circumstances. Apart from this, pandemic and other user requirements for various types of biometric identity authentication will drive continued market development. Global market investing is predicted to reach $14.12 billion by 2025.
Advantage of the home security market in 2021
Nowadays more people prefer to work remotely. Students and children opt for online learning, while online shopping is becoming a basic means to purchase their essentials. This implies that online services and technologies are necessities for our lifestyles.
During the pandemic, the below innovative technologies have been implemented to get used to the “new normal.”
In a pandemic, below are the solutions to stop supply chain disruption:
Companies are encouraged to manage end-to-end supply chain risk evaluations and converge on important areas. The purpose for companies is to implement digital and automated abilities to guarantee supply chains are uninterrupted.
Choosing cloud-based technologies
Companies have already started moving to cloud-based technologies as more and more people are transitioning towards online shopping; this enables all people to access all businesses. Offering cloud business applications and pay-as-you-go services will hold businesses in development without interrupting the market.
Security system integration services
In the future, for the connected security systems to stay afloat, an easy-to-use and seamless security system should be the main business point to future buyers. With an ideal integration service, customers should get around-the-clock security assurance.
Regardless of the pandemic, people buying global smart home security devices are predicted to grow in 2021.
Let’s take a glance at the factors that will enhance the global security market in 2021:
Artificial intelligence (AI) with visual recognition will be a Unified primary technology performed in security devices. As people are working remotely, the pandemic has provided hackers more to work with. Ransomware attacks will become more common. The global security industry will have to stay two-phase ahead by building innovative technologies to prevent future hacks into business accounts.
Since cloud solutions store personal information, security validation will continually unfold to ensure no data breaches are leaked to hackers. This enables the global home security industry to develop security validation solutions to keep data confidential.
As per Statista, below are the highlights of smart home security:
Revenue in the Smart Home market is predicted to reach US$102,039m in 2021.
Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 15.64%, resulting in a projected market volume of US$182,443m by 2025.
In the Smart Home market, the number of active households is expected to amount to 497.3m users by 2025.
Household penetration will be 12.3% in 2021 and is expected to hit 21.9% by 2025.
The average revenue per installed Smart Home currently is expected to amount to US$387.47.
A global comparison reveals that most revenue is generated in the United States (US$28,864m in 2021).
Connected home security system
As of now, a pandemic is under control by giving a vaccine. Since most people received the vaccine, major divisions and the travel industry will begin reopening with the expectation that people will feel safe working in offices and traveling again.
The key advantages of adopting a connected home security system will be:
Smart home automation provides features that don’t need manual management. This has proven to assist in a pandemic situation as there is contactless management.
Since the economy started, cost savings will be focused on attracting buyers to buy home security systems for powerful monitoring technology to improve people’s peace of mind while away at business or traveling.
“Do it Together” solution. This will be a win-win situation for the client and security system business. As your sales team will give exclusive consultation while giving the same services.
Key benefits of touchless future:
Decrease in the spreading of the coronavirus and other viruses.
People can bypass working keypads with PIN-based security systems because no physical contact will be needed.
Self-serve technology will be more useful for people as they will be ready to avoid waiting times.
Touchless biometric system
The Covid-19 pandemic has taught people to follow hygiene practices, sanitizing, and washing hands with alcohol-based soap; people no longer want to touch any surfaces in public. This is why biometrics is here to stay. This is why pandemic has increased the requirement for touchless security systems.
Let’s dive into the advantages of touchless biometric systems:
As businesses, retailers, terminals, and public areas move to touchless biometric systems; people will have a renewed reliance on using public touch points such as elevators, ATMs, security pin pads, and self-service machines.
Biometrics will base on the user punching fingers or face recognition to get access. Facial structure and individual fingerprints give more validation than self-entering a simple password for authentication.
Despite touch sensing, biometric solutions are being produced quickly and acquainted with in public areas almost directly.
The improvement of various biometric systems includes thermal sensors to regulate body temperature to recognize a fever, one of the coronavirus symptoms.
As biometric technology is available, people will be able to adjust immediately to biometric solutions. They will be more prone to change to using touchless technology, such as performing facial authentication devices.
The 2D and 3D systems allow people to prove their identity within finger scans and hybrid face/iris systems to enter particular control points. This passes physically touching keypads and pushing buttons as an identity verified by the person’s fingerprints and facial/iris identification.
The 2D eye system is again a hybrid face recognition system that is based on a person’s face and iris recognition to confirm identity. The 2D eye system reduces the requirement to sanitize the area as this process is contactless and hygienic.
The 3D Touchless Finger-scan system’s goal is for people working through a queue. This system is suitable for companies where sign-in and sign-out are needed to confirm that someone has reached for the work shift. It takes a picture of hands and fingerprints that are moist, cut, or oily. It can also identify fingerprints when the user is using latex gloves. The 3D Touchless Finger Scan system encourages a clean and contactless.
Busing biometrics with access control system
As the Covid-19 pandemic continues well into 2021, people will take comfort in touchless Biometric security system. This is a good direction for the global security system industry as demand increases in 2021 and onwards—the opportunities to develop more sophisticated biometric systems that people will have access to regularly.
Let’s take a look at the benefits of integrating biometrics access controls systems:
A network-connected subsystem is responsible for the touchless aspect. The advantage of a touchless system is that it does away with the requirement for swipe cards.
The access control system and the subsystem are both connected to the users. Because biometric passcodes cannot be falsified, this allows for faster verification and identification and the prevention of identity theft.
During the Covid-19 epidemic, the most prevalent biometrics used in the security process was facial and iris recognition. When an authorized entry requires verification, the benefit of facial and iris recognition allows people access.
It’s simple and quick to check people for Covid-19. When a thermal camera is integrated as part of a biometric reader, and an individual is scanned, for example, if a high temperature is detected, a green light will emerge on the access control system. The person will be denied access and urged to get tested for Covid-19 and self-monitor their symptoms.
As Covid-19 proceeds to hit globally, the security market fosters new strategic modifications to boost industrial growth. Security businesses have begun utilizing contactless Biometric security system integrated with advanced security technologies. This serves to take the Covid-19 rules sincerely and develop the safety and security of the customers. Embracing new ways is predicated on transforming the security market, improving sales and security positively.