Wednesday, March 21, 2012

Biometrics market set to grow to "$14.685 billion" by 2019

Frost & Sullivan has carried out a new assessment of the global biometrics market (info4 Security)
Frost & Sullivan has carried out a new assessment of the global biometrics market that predicts 2010 revenues of $4.49 billion will increase to $14.685 billion by 2019.

Universal adoption of biometric passports will be the driving force in this growth as so-called eGates are implemented at borders around the world.

Portable devices used by the police and the military will also become increasingly common in the fight against crime and terrorism, according to the report.

Frost & Sullivan also suggests that biometrics will be almost universally adopted in the identification of citizens through IDs, driver's licenses and healthcards complete with biometric capabilities.