Report: Global Market For Fingerprint Biometrics To Reach $650 Million By 2013

  • Jun 12, 2009

Despite the hype for biometrics in past years, the uptake of these devices has remained slow. Price, user acceptance and legislation continue to be hurdles that limit the use of biometrics. However, recently a few devices have overcome these barriers and found industry niches. In its latest biometrics market report, IMS Research forecasts the global market for fingerprint devices to reach $650 million by 2013.

“Fingerprint recognition devices have been around for a number of years but they were initially commercially unsuccessful, primarily due to their high price,” said IMS Research analyst Justin Siller. “Over time pockets of opportunity have emerged where fingerprint biometrics have started to find real traction.

“The government sector is starting to get behind biometrics. Live scan devices are being utilized by law enforcement and prisons to collect data on criminals. In governmental buildings the use of fingerprint recognition for access control is increasing as governments worldwide look to incorporate higher levels of security. With certain areas of the government sector finding success with fingerprint devices, additional opportunities for the use of biometrics have been created. The government sector has started to use biometrics for new programs including e-passports, border control, visas, national identification, refugee programs, welfare programs, voter cards, benefit fraud, and food programs”.

With government agencies continuing to benefit from the use of fingerprint devices, other industries have started to follow suit as the interest surrounding biometrics grows. Fingerprint solutions are now becoming more commonplace within airports and for border control applications.

Within healthcare they have found a niche in the protection of patient records while in more industrial areas, such as manufacturing, there is an increasing requirement for fingerprint biometrics in time and attendance applications.

“Biometrics is no longer a dream of the past and truly has a bright future ahead,” Siller said.

Featured

  • Gaining a Competitive Edge

    Ask most companies about their future technology plans and the answers will most likely include AI. Then ask how they plan to deploy it, and that is where the responses may start to vary. Every company has unique surveillance requirements that are based on market focus, scale, scope, risk tolerance, geographic area and, of course, budget. Those factors all play a role in deciding how to configure a surveillance system, and how to effectively implement technologies like AI. Read Now

  • 6 Ways Security Awareness Training Empowers Human Risk Management

    Organizations are realizing that their greatest vulnerability often comes from within – their own people. Human error remains a significant factor in cybersecurity breaches, making it imperative for organizations to address human risk effectively. As a result, security awareness training (SAT) has emerged as a cornerstone in this endeavor because it offers a multifaceted approach to managing human risk. Read Now

  • The Stage is Set

    The security industry spans the entire globe, with manufacturers, developers and suppliers on every continent (well, almost—sorry, Antarctica). That means when regulations pop up in one area, they often have a ripple effect that impacts the entire supply chain. Recent data privacy regulations like GDPR in Europe and CPRA in California made waves when they first went into effect, forcing businesses to change the way they approach data collection and storage to continue operating in those markets. Even highly specific regulations like the U.S.’s National Defense Authorization Act (NDAA) can have international reverberations – and this growing volume of legislation has continued to affect global supply chains in a variety of different ways. Read Now

  • Access Control Technology

    As we move swiftly toward the end of 2024, the security industry is looking at the trends in play, what might be on the horizon, and how they will impact business opportunities and projections. Read Now

Most   Popular

Featured Cybersecurity

Webinars

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. 3

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions. 3

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings. 3