IT Security Market at $21 billion in 2004, with Access Control System & Devices Industry Market at $1.8 billion

An impressive growth of the IT security market at $21 billion in 2004 is accompanied by growth-induced anti-viruses and firewalls. Markets for access control systems and security applications, which are worth $1.8 billion, have become progressive in the post Fahrenheit and 7/7 incidences. Thus, an emergence of demand for safe logical access and authorized physical access for safe networking has taken place. They should be highly authenticated with minimum human intervention.

A recent market research report by RNCOS, "Access Control Technologies and Market Forecast World Over [2007]" discusses that 40% of global businesses require establishing security systems in their premises costing $4.08 billion in 2007. While the market research report gives a study of demand for access control market technology, there is more about R&D for secured and innovative solutions.

In the present era when use of smart cards is rapidly growing and accommodating immigration control, biometric identification is a primary tool. Large investments are expected in this sector. Organizations are also merging new technologies in biometrics with existing ones essentially to benefit on costs and quality.
RNCOS