FindBiometrics
Global Identity Management
MarketsandMarkets has released a new report that predicts that the market for Biometrics-as-a-Service products will more than double in the next five years. The report places the current value of the market at $1.5 billion, and forecasts that that will grow to $3.7 billion by 2025. Those numbers represent a CAGR of 19.7 percent. The […]
“As we look to the future, our positioning is strong having established a secure remote work process and cloud infrastructure, enabling a seamless virtual working environment.” – Bob Eckel, CEO, Aware, Inc. Biometrics specialist Aware, Inc. has announced its latest quarterly results, which indicate that it is one of the many companies to have taken […]
Allied Market Research (AMR) is predicting that the market for behavioral biometric technology will reach $3.92 billion by 2025. That number echoes an earlier AMR report from January of 2019, which suggested that the market would grow at a CAGR of 23.7 percent for the forecast period, based on a 2017 market valuation of $720 […]
It’s summer and the global economy has been slowed way down by the COVID-19 pandemic, but you wouldn’t necessarily know it from this week’s roundup of FindBiometrics’ top stories. Covering a diverse range of topics, they generally suggest that the biometrics industry is pushing ahead full steam. One highly popular story, for example, concerned a […]
MarketsandMarkets has released a new report that details the impact of COVID-19 on fingerprint sensor markets. In that regard, the firm expects the market for that technology to double between 2020 and 2025, growing from $3 billion to $6 billion even though the coronavirus has raised health concerns and discouraged the use of shared fingerprint readers. […]
The Biometrics Institute has shared the results of its 11th annual Industry Survey, which revealed that the majority of people (60 percent) believe that COVID-19 will fundamentally alter the way in which biometric technology is used and deployed moving forward. The respondents echoed other organizations in predicting that the virus will motivate technology providers to […]
The Homeland Security Research Corp. (HSRC) has released a new report that predicts that COVID-19 will be extremely lucrative for companies that offer products that can help control the spread of the disease. The cumulative market for the four-year period between 2020 and 2024 could be worth anywhere from $1.7 to $2.2 trillion depending on […]
ForgeRock has released its latest Consumer Identity Breach Report, which found that data breaches cost U.S. organizations more than $1.2 trillion in 2019 alone. That number is considerably larger than the comparable 2018 figure of $654 billion. The story is similar with regards to the total number of breaches. ForgeRock found that more than 5 […]
Valuates Reports is predicting that the global gesture recognition market will jump from $13.8 billion to $34.3 billion between 2018 and 2025. Those figures represent a CAGR of 13.87 percent for the forecast period. The research firm believes that new commercial and industrial applications of gesture recognition technology will drive much of that growth. In that regard, […]
“Other important factors include the growing prominence of IP camera systems, increasing interest in smart city technologies, and growing VSaaS demand.” Advancements in facial recognition technology are a key factor driving the broader video surveillance market, according to a new analysis from Valuates Reports. The firm estimates that the global video surveillance market was valued […]
Follow Us