While offering several benefits, slow return on investment (ROI) and high initial investment costs are the main restraints to the widespread uptake of biometric technologies. Projects related to universal census or the issuance of eIDs might result in extremely high costs due to sheer volumes. Another crucial aspect restraining the adoption of biometrics are concerns related to privacy as well as lengthy sales cycles in governments.
"While the ROI may not be visible at the very outset, nevertheless, once the technology is in place, faster verification and portable devices will decrease the amount of travel required, which will be beneficial in the long-run," remarks Rutkowski. "Privacy is the main hindrance in biometric government programmes; detractors believe that this type of identity verification can be offensive, distasteful, invasive, or simply embarrassing."
As the market gathers momentum, becoming a recognisable participant will be crucial since the majority of customers are governments.
"Becoming more significant through the acquisition of competitors will not only positively influence a company's market share but will support an enhanced position on the international markets," concludes Rutkowski. "Acquiring a foreign company may decrease the affect of protectionism by certain governments."
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Global Civil and Military Biometrics Market Assessment is part of the Defence Growth Partnership Services programme, which also includes research in the following markets: United Kingdom Civil Security Market
|SOURCE Frost & Sullivan|
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