Navigation Links
Frost & Sullivan: Global Commercial Biometrics Market to Grow Considerably as Awareness Increases
Date:10/23/2013

LONDON, Oct. 23, 2013 /PRNewswire/ -- Increasing awareness of biometrics across industries will spur the global commercial biometrics market. While historically the adoption of biometrics has been concentrated in the government sector, recent years have witnessed considerable demand for applications such as ATMs, retail points of sale, and finance. Iris and face recognition algorithms have undergone substantial advancements and are gaining prominence, while fingerprint technologies remain the most popular.

New analysis from Frost & Sullivan (http://www.autoid.frost.com), Analysis of the Global Commercial Biometrics Market, finds that the market earned revenues of $1.48 billion in 2012 and estimates this to reach $6.15 billion in 2019. In addition to fingerprint, facial and iris biometrics, the study covers hand geometry, voice, and signature technologies.

"Better end-user recognition of the unique capabilities of biometric technologies, including enhanced security as well as physical and logical access control in applications, has helped vendors win a number of projects and contracts," said Frost & Sullivan Senior Research Analyst Ram Ravi. "Focus on building robust, error-free and efficient solutions will create added revenue-generating opportunities for biometric vendors."

Although improvements in technology augur well for the market, any large-scale biometric project in enterprises takes long to implement and cover every employee. Since many businesses work within a restricted budget for a limited time span, the high cost and extended duration of deploying biometrics restricts installation rates.

Moreover, the lack of knowledge among customers, fear over loss of privacy, and uncertainty over the reliability and security of stored data also dampen adoption of biometrics. With awareness at an early stage, soluti
'/>"/>

SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related biology news :

1. Frost & Sullivan: Safe Cities to directly impact First Responder and Biometric markets positively
2. Frost & Sullivan: Diagnostic and Therapeutic Potential of microRNAs Stimulate Need for More Research Tools
3. Frost & Sullivan Recognizes TATAA Biocenters Complete, Best-in-Class Services for Analyzing Genetic Material
4. Biometrics Can Revolutionise Mobile Payment Security, says Frost & Sullivan
5. Frost & Sullivan: Government Mandates Create Momentum in Uptake of Radio Frequency Identification in Global Cold Chain
6. New knowledge about permafrost improving climate models
7. Frost & Sullivan: Moving the Smart Cities Idea from Concept to Reality
8. Frost & Sullivan: Renewable Energy Targets Help Sustain European Biopower Market amid Economic Uncertainty
9. Frost & Sullivan Applauds geneOnyx for its DNA Testing Solution for the Personalized Cosmeceuticals Market
10. Government Emerges As the Biggest Spender on Biometrics in the SEA and ANZ Markets, Finds Frost & Sullivan
11. Cross Match Technologies Undoubtedly Offers the Highest Value to Customers in the North American Biometrics Market, Says Frost & Sullivan
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/3/2014)... 2014 As part of our commitment to ... pleased to announce the release of a new reader ... the workforce data that they need. The ... by existing readers. Many such devices have serious shortcomings ... technology. Older models force users to navigate numerous complicated ...
(Date:11/21/2014)... VIEW, Calif. , Nov. 20, 2014 ... higher driver efficiency are piloting the North American and ... number of accidents growing, gesture recognition systems that are ... make a mark in the industry. ... the Automotive Gesture Recognition Market in Europe ...
(Date:11/18/2014)... , Nov. 18, 2014  The Secure ... Industry Association today jointly announce the formation of ... release of its Identity and Biometric Entry ... The Framework received official support from BORDERPOL, the ... to improve and provide expertise regarding border security, ...
Breaking Biology News(10 mins):Inception Technologies to Release New Biometric Reader 2Gesture Recognition Intensifies with the Rise of In-car Smartphone Integration, Says Frost & Sullivan 2Gesture Recognition Intensifies with the Rise of In-car Smartphone Integration, Says Frost & Sullivan 3Gesture Recognition Intensifies with the Rise of In-car Smartphone Integration, Says Frost & Sullivan 4Identity Management, Document Authentication and Biometric Companies Form "The Airport Entry and Exit Working Group", Releasing the Framework to Help Guide the Department of Homeland Security and Congress Towards Solutions 2Identity Management, Document Authentication and Biometric Companies Form "The Airport Entry and Exit Working Group", Releasing the Framework to Help Guide the Department of Homeland Security and Congress Towards Solutions 3
... Miss. The University of Mississippi Medical Center will ... of initiatives intended to convert laboratory discoveries into new ... An agreement between the institutions, titled ... was formally announced July 8 at UMMC during a ...
... Bio-NMR Center at the VIB Department of Molecular and Cellular ... a scientific breakthrough that made it into the leading science ... possible to determine the dynamic structure of proteins. So Flemish ... activity of certain proteins involved in the stress physiology of ...
... Defeating the flu is challenging because the virus ... genetic code, making it difficult for scientists to manufacture ... manner. Now, a University of Miami (UM) computer scientist, ... Brook University have developed a rapid and effective approach ...
Cached Biology News:UMMC and Mayo Clinic sign agreement to increase research and training 2UMMC and Mayo Clinic sign agreement to increase research and training 3Flemish researchers provide the first experimental evidence of dynamic allostery in protein regulation 2Scientists use computer algorithms to develop seasonal flu vaccines 2
(Date:12/19/2014)... -- Decision Resources Group finds that the Asia ... through 2023 as the aging population, increasing adoption of ... all spur procedure volumes. Growth will be particularly rapid ... and India , where rising ... a larger proportion of the population. Other ...
(Date:12/17/2014)... Based on the revenues gained from surgical ... dominated by four major players contributing to approximately ... include GE Healthcare (U.K.), Siemens AG (Germany), Philips ... Report Copy at http://www.marketsandmarkets.com/Market-Reports/surgical-imaging-market-210534462.html , The ... to its strong product portfolio, which includes its ...
(Date:12/17/2014)... Texas (PRWEB) December 17, 2014 ... on Global Quartz Tubing industry. For an overview ... definition, classification, application, industry chain structure, industry overview, ... quartz tubing industry has witnessed rapid ... a number of acquisitions. This report mentions quartz ...
(Date:12/17/2014)...  United Therapeutics Corporation (NASDAQ: UTHR ) ... changes to Martine Rothblatt , Ph.D,s compensation program. ... United Therapeutics announced the promotion of Roger Jeffs ... David Zaccardelli , Pharm.D. to Executive Vice President ... Dr. Rothblatt,s title will change from Chairman and Chief ...
Breaking Biology Technology:Asia Pacific Dental Biomaterial Market Will Grow Strongly Through 2023 2Asia Pacific Dental Biomaterial Market Will Grow Strongly Through 2023 3Global Refurbished Surgical Imaging Market by Product & Application is Estimated to Reach $1.25 Billion by 2019 - New Research Report by MarketsandMarkets 2Global Refurbished Surgical Imaging Market by Product & Application is Estimated to Reach $1.25 Billion by 2019 - New Research Report by MarketsandMarkets 3Global Refurbished Surgical Imaging Market by Product & Application is Estimated to Reach $1.25 Billion by 2019 - New Research Report by MarketsandMarkets 42020 Quartz Tubing Market: Global Development & Forecasts Analysis Now at DeepResearchReports.com 2United Therapeutics Corporation Announces Executive Promotions and CEO Compensation Change 2United Therapeutics Corporation Announces Executive Promotions and CEO Compensation Change 3United Therapeutics Corporation Announces Executive Promotions and CEO Compensation Change 4
... , STANFORD, Calif. In what could be a ... University research shows promise in enhancing and controlling the ... human cell cultures, potentially overcoming one of the therapy,s ... synthetic biology, an emerging field in which researchers can ...
... April 26 /PRNewswire-FirstCall/ - YM BioSciences Inc. (NYSE YMI, TSX:YM), ... base shelf prospectus, dated September 16, 2009 , with the Ontario ... 16, 2009 , forming part of its U.S. registration statement, with the ... , , ...
... April 26 Reportlinker.com announces that a new market research report is available in ... Future of Red Biotechnology in China ... http://www.reportlinker.com/p0189383/Future-of-Red-Biotechnology-in-China.html , ... biotechnology (RB) refers to the biotechnology applied in pharmaceutical production and it has become the ...
Cached Biology Technology:New technique reinforces immune cells that seek and destroy cancer, says Stanford researcher 2New technique reinforces immune cells that seek and destroy cancer, says Stanford researcher 3YM BioSciences announces controlled equity offering 2YM BioSciences announces controlled equity offering 3Reportlinker Adds Future of Red Biotechnology in China 2Reportlinker Adds Future of Red Biotechnology in China 3Reportlinker Adds Future of Red Biotechnology in China 4Reportlinker Adds Future of Red Biotechnology in China 5Reportlinker Adds Future of Red Biotechnology in China 6Reportlinker Adds Future of Red Biotechnology in China 7Reportlinker Adds Future of Red Biotechnology in China 8Reportlinker Adds Future of Red Biotechnology in China 9Reportlinker Adds Future of Red Biotechnology in China 10Reportlinker Adds Future of Red Biotechnology in China 11Reportlinker Adds Future of Red Biotechnology in China 12Reportlinker Adds Future of Red Biotechnology in China 13Reportlinker Adds Future of Red Biotechnology in China 14Reportlinker Adds Future of Red Biotechnology in China 15Reportlinker Adds Future of Red Biotechnology in China 16Reportlinker Adds Future of Red Biotechnology in China 17Reportlinker Adds Future of Red Biotechnology in China 18
Rabbit polyclonal to Glutathione S Transferase alpha ( Abpromise for all tested applications). Antigen: Full length protein: Human Glutathione S Transferase alpha. Entrez GeneID: 2938 Swi...
Chicken polyclonal to Thioredoxin domain containing 9 ( Abpromise for all tested applications). Antigen: Full length protein (Human) Entrez Gene ID: 10190 Swiss Protein ID: O14530...
Anti-Mouse IgM Heavy Chain:FITC, Clone LO-MM-9, Monoclonal Antibody...
Mouse anti-IkBa/MAD-3 Class: Antibody Product Group: Signalling molecules and phospho-specific Antibody...
Biology Products: