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Global Biometric Forecast to 2012

May 18, 2011 Comments off

rncos

Biometric market has been growing as one of the fastest emerging markets for the past few years especially due to rising need for personal security concerns, and the advent of new technologies that offered numerous future growth opportunities. Recent developments, larger & wider scale adoption, significant capability & performance advancements, standards development, and consumer acceptance, indicate looming and substantial market expansion of the biometric industry.

Many governments across the world are adopting biometric technologies to strengthen national security and maintain individual identity. Besides, corporate security and identity theft are fueling growth in the global biometric market. According to our new research report “Global Biometric Forecast to 2012”, the global biometric market is anticipated to grow at a CAGR of around 23% during 2011 – 2013. The report explains prevalent market trends and future scenario of the biometric market in different verticals, technologies, and regions, underlining the future potential areas and key issues crucial for the market development.

Among the technologies, fingerprint recognition is possibly the most widely used and familiar biometric technology. Further, biometrics is also becoming a Read more…