Although biometrics face numerous privacy issues, successful large-scale government adoptions have helped the technology emerge as among the most viable means to counter identity related issues. Its reliability, coupled with further decline in prices, is poised to open up rewarding market opportunities for biometrics vendors.
New analysis from Frost & Sullivan (http://www.autoid.frost.com), World Biometrics Market, finds that the market earned revenues of $1.2 billion in 2009 and estimates this to reach $5.3 billion by 2016.
Friday, March 25, 2011
New Frost & Sullivan biometrics report
Frost & Sullivan Projects Success within Government Applications to Open Opportunities for Widespread Adoption of Biometrics Globally (Frost.com)
