Tuesday, January 21, 2014

Research points to growth in government biometrics market and future M&A

Govt biometrics market to hit US$6.9bn (Security Document World)
SDI says: “Government identity and border control initiatives, increasing concerns about data security, and an increase in rebel groups and terrorism are expected to boost the demand for biometric identity and security systems over the coming years. As this sector gains prominence, it is expected that large competitors will try to generate competence by acquiring medium and small sized niche firms which will fill the gaps in their products or services portfolio.”