Deloitte has released the 11th iteration of its annual Tech Trends report. The 2020 edition explains how enterprises are blending multiple technologies to drive innovation and deliver more rewarding interactive experiences for consumers. The report places a particular emphasis on artificial intelligence, analytics, and digital technologies, all of which have transformed the way that large…
Acuity Market Intelligence is taking some time to reflect on the state of the biometrics industry as it enters another decade. In doing so, the research firm highlights some of the major trends that helped biometric tech transition from a fringe concept to an everyday reality for millions of people around the world. The firm…
The results for the FindBiometrics’ 2019 Year in Review are in, with over 230 responses from industry experts offering the latest insights into how those most familiar with biometric technology see the state of the art. FindBiometrics is kicking off its Year in Review analysis with a look at the year’s most interesting application areas…
MarketsandMarkets is forecasting major growth in the global eye tracking market, predicting that the appetite for such tech will jump from $560 million to $1.786 billion between 2020 and 2025. Those numbers represent a CAGR of 26.1 percent for that five-year period. The research firm attributes much of that growth to the healthcare industry, where eye tracking…
Facial recognition will help to drive considerable growth in the overall image recognition market over the next several years, according to a new forecast from Fortune Business Insights. The market research firm estimates that the global image recognition market had a value of $20.19 billion in 2018, and that it will reach a whopping $81.88…
2019 proved to be another year that saw a number of major developments in the biometrics industry – technological advancements, important partnerships, regulatory changes, and more. But it also delivered a new outlet for industry leaders to communicate in the form of the ID Talk podcast, presented by FindBiometrics and Mobile ID World. Now, with…
Biometric technology has been around for quite some time, and in recent years has become an integral part of the mobile revolution, helping to deliver security and convenience to many millions of consumers as they use their smartphones to log into bank accounts, transfer money, and perform many other sensitive transactions online. But in the…
“…it remains a critical matter to get as much accurate information as possible about how the industry is doing, where it’s headed, and how its leaders are thinking – and the best way to do that is through this year’s survey.” The 2019 FindBiometrics Year in Review survey is now open, offering industry insiders, analysts,…
FindBiometrics’ annual Year in Review survey asks our industry a number of compelling questions, but one of the most interesting of them in 2019 is surely the matter of whether we are comfortable with how our governments are using biometric technology. This issue exploded into the spotlight last year, thanks in large part to the…
ABI Research is predicting that the demand for better security solutions will drive the market for biometric hardware to $19 billion by 2024. The firm expects Body-Worn Cameras (BWC), surveillance cameras, and access control technology to display the most growth over that time period, with much of that revenue coming from the public sector. Law…
Meticulous Research has released a new report that predicts that the Automatic Identification and Data Capture (AIDC) market will reach $100.5 billion by 2025. That figure represents a CAGR of 12.9 percent based on the size of the market in 2019. The AIDC market covers a wide range of identification and authentication technologies, including biometric…
Mitek has released a new report that examines digital identity from the consumer perspective. The report highlights some of the key trends that digital identity providers will need to take into account if they want to encourage more widespread use of their technology. Mitek found that only 25 percent of consumers feel like they have…
A new report from Grand View Research is predicting significant growth for the vehicle access control market over the next several years, with biometric technology poised to play an important role. The overall market is forecast to reach a value of $17.3 billion by 2025, reflecting a CAGR of 10.6 percent for the 2019-2025 forecast…
The access management specialist BeyondTrust has issued a series of security predictions for the next five years. The company highlighted the threats facing enterprises and consumers, as well as the steps that cybersecurity providers will take to stop them leading up to 2025. Most notably, BeyondTrust suggests that people should pay more attention to the…
MarketsandMarkets has released a new report that predicts that the Biometric System Market will hit $65.3 billion by 2024. That figure represents a CAGR of 14.6 percent from the firm’s $33 billion market valuation for 2019. The research firm attributes much of that anticipated growth to the general demand for strong multi-factor security solutions, and biometric…
SITA has won a contract to expand its services at Kotoka International Airport in Ghana. The company’s new contract with Ghana Airports Company Limited will see SITA managing all airport passenger processing and baggage management in Terminal 3 over the next five years. SITA already began deploying its systems to the airport a year ago,…
“The market research firm has been ahead of the curve in assessing the booming airport and border biometrics markets with previous reports and analysis.” Acuity Market Intelligence has published new updates to its Automated Border Control (ABC) eGate and Automated Passport Control (APC) Kiosk Deployment Lists. The market research firm has been ahead of the…
Biometrics News – Voice Biometrics Reports and Data has released a new report on the voice biometrics market, forecasting that the market will hit $3.91 billion by 2026. The figure represents a CAGR of 23.5 percent based on the firm’s 2018 valuation of the market, which stands at $0.69 billion. The prediction seems anomalously low…
Biometrics News – Fingerprint Recognition The fingerprint sensor market will grow from a value of $3.5 billion this year to $7.1 billion by 2024, according to a new forecast from MarketsandMarkets. This trajectory will reflect a CAGR of 15.3 percent. The report comes after Apple helped to prompt a shift in the mobile biometrics market…