The Tech Bubble Is Bursting. VCs Are Nervous. What Does That Mean for Biometrics?

Market watchers have predicted 30 of the last three crashes, but this time the tech bubble really does seem to be bursting. In April, the Nasdaq had its worst decline since 2008. Major tech companies like Amazon, Microsoft, and Alphabet have all seen declines of at least 20 percent of their market value this year. Apple’s value has declined by over half a trillion dollars since January.

So how will this affect the biometrics industry? It is, after all, a tech space. But it happens to be one that has seen legitimate and dramatic technological advancements over the past several years, and delivered real growth in terms of deployments and revenues.

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