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

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

UL Solutions Launches Artificial Intelligence Safety Certification Services

UL Solutions Inc., a global leader in safety science, today announced the launch of artificial intelligence (AI) safety certification services, enabling comprehensive assessments for evaluating the safety of AI-powered products. Read Now
- Artificial Intelligence
Ransomware Attacks Rise for the First Time in Six Months

Ransomware attacks have risen for the first time in six months, increasing by 28% month-on-month to 421 attacks. While overall attack volume remained below 500, the uptick may signal a renewed escalation heading into the year’s most active period for cyber criminals. Read Now
- Cybersecurity
Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now
- Guard Services
Identity Governance at the Crossroads of Complexity and Scale

Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now
- Cybersecurity
Eagle Eye Networks Launches AI Camera Gun Detection

Eagle Eye Networks, a provider of cloud video surveillance, recently introduced Eagle Eye Gun Detection, a new layer of protection for schools and businesses that works with existing security cameras and infrastructure. Eagle Eye Networks is the first to build gun detection into its platform. Read Now
- Active Shooter

Security Today eNews

Sign up today for essential industry news and product information that can help you stay afloat in the fast-paced world of security.

Email Address*Country*

Please type the letters/numbers you see above.

Webinars

Whitepapers

New Products

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.
Automatic Systems V07

Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.
HD2055 Modular Barricade

Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation.