Report: Security Biometrics Spending To More Than Double By 2013

  • Jul 29, 2008

Broad interest and investment in an array of biometrics technologies around the world will drive spending to $7.3 billion by 2013, up from around $3 billion in 2008, according to a recent study by ABI Research.

Interest in biometrics was kick-started by the new wave of terrorism in the early years of this decade, but it has taken time to lead into sales and adoption. In the meantime, biometrics vendors and system integrators that have led the way in biometrics deployments have worked hard to prove the value and efficiency of the technology as well as to enable multi-technology, multi-vendor capabilities.

“Over the next five years the effort to create standards for biometrics technologies will be rewarded with a significant growth in biometrics system adoption,” said Jonathan Collins, principal analyst at ABI Research.

Growth will be driven by increased emphasis on security in both the public and private sectors but it will be underpinned by a raft of technology standards that have enabled more interoperable systems to emerge.

Face, iris, hand, and speech recognition systems have emerged and are being adopted independently and alongside fingerprints, which will continue be the dominant biometric measurement for some time to come. Nevertheless, it will be increasingly essential for organizations and companies, as officials secure facilities, equipment and data, to understand the potential of each of these technologies as well as the potential to combine them to drive system efficiency and reliability.

There is also an emerging interest in biometrics as means toward greater convenience, simplicity and speed in the transactions of daily life. Biometrics is being offered in laptops and mobile phones -- to secure but also speed and simplify log-in -- while “registered traveler” applications are emerging to speed passengers through airports.

Biometrics will increasingly move from being the traditional preserve of large-scale public sector systems to adoption in small-scale private sector and even personal systems use.

Featured

  • Brivo, Eagle Eye Networks Merge

    Dean Drako, Chairman of Brivo, the leading global provider of cloud-native access control and smart space technologies, and Founder of Eagle Eye Networks, the global leader in cloud AI video surveillance, today announced the two companies will merge, creating the world’s largest AI cloud-native physical security company. The merged company will operate under the Brivo name and deliver a truly unified cloud-native security platform. Read Now

  • Security Industry Association Announces the 2026 Security Megatrends

    The Security Industry Association (SIA) has identified and forecasted the 2026 Security Megatrends, which form the basis of SIA’s signature annual Security Megatrends report defining the top 10 factors influencing both near- and long-term change in the global security industry. Read Now

  • The Future of Access Control: Cloud-Based Solutions for Safer Workplaces

    Access controls have revolutionized the way we protect our people, assets and operations. Gone are the days of cumbersome keychains and the security liabilities they introduced, but it’s a mistake to think that their evolution has reached its peak. Read Now

  • A Look at AI

    Large language models (LLMs) have taken the world by storm. Within months of OpenAI launching its AI chatbot, ChatGPT, it amassed more than 100 million users, making it the fastest-growing consumer application in history. Read Now

  • First, Do No Harm: Responsibly Applying Artificial Intelligence

    It was 2022 when early LLMs (Large Language Models) brought the term “AI” into mainstream public consciousness and since then, we’ve seen security corporations and integrators attempt to develop their solutions and sales pitches around the biggest tech boom of the 21st century. However, not all “artificial intelligence” is equally suitable for security applications, and it’s essential for end users to remain vigilant in understanding how their solutions are utilizing AI. Read Now

Most   Popular

New Products

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame.