Tuesday, April 9, 2013

Market forecasts for Face, Hand Geometry modalities

Facial biometrics sector to total $2.9 billion by 2018 (Companies and Markets)
The facial biometrics market has been forecast to reach a total value of US$2.9 billion by 2018, primarily driven by growing security concerns against the backdrop of increasing terrorist attacks, racial and ethnic disturbances, campus violence, random shootouts, riots, burglary, and physical assaults.



Hand geometry industry to be worth $152 million by 2018 (Companies and Markets)
The hand geometry industry has been forecast to achieve a market value of US$151.5 million by 2018, primarily driven by the well established use of the technology in physical access control, time and attendance, point-of-scale, and interactive kiosks.
More at the links.