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The Biometric Market - A Recession Proof Area of Growth and Opportunities, Says Frost & Sullivan
Date:4/27/2009

Frost & Sullivan to Host Analyst Briefing on Biometrics Market on Thursday, 7 May 2009, at 16.00 BST

LONDON, April 27 /PRNewswire/ -- In 2008 biometric vendors witnessed massive growth; however the same downturn that affected banking, construction industry and retail stores since the end of 2008 also affected some biometric vendors. This said, with the ongoing demand for more integrated security solutions from vertical sectors such as education, law enforcement, government, healthcare and manufacturing facilities, 2009 is anticipated to be a steady uphill year for the market.

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"Since the rebound of the global economy in 2004 from the severe economic crisis of 2000, biometrics market has gained steady momentum in Europe with 30.5% growth rate overall. Although, the deployment of biometrics technology in the corporate and banking sector is expected to decline this year, the impact of the economic crisis is expected to be minimal in those sectors which have access to public funding," notes Suja Chellathurai, Frost & Sullivan analyst.

Frost & Sullivan is pleased to announce its 2009 quarterly analyst briefing presentation on the Biometrics Market to be held on Thursday, 7 May 2009, at 16.00 BST.

Highlights of the briefing involve analysis of economic impact across regions, growth rate analysis, consolidations in the market, future technology trends and best practices.

Biometric hardware/software/algorithm manufacturers, system integrators, distributors and customers will likely benefit from the discussion of the growth and opportunities in the European biometrics market.

"The European biometrics market is expected to grow steadily in 2009 as security concerns and government projects such as national IDs, e-Passport projects, ports, airports, and other critical infrastructure security will continue to drive revenues for vendors," states Suja Chellathurai.

To participate in the briefing, please email Joanna Lewandowska at joanna.lewandowska@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

GIL 2009: Europe

Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20 May, at the Sofitel St James in London. GIL Global is the industry's only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Joanna Lewandowska, Corporate Communications for Frost & Sullivan in Europe, at joanna.lewandowska@frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit www.frost.com/giluk

    Contact:
    Joanna Lewandowska
    Corporate Communications - Europe
    P: +48 (0)22 390 41 46
    E: joanna.lewandowska@frost.com

http://www.frost.com


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SOURCE Frost & Sullivan
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