industry trends

MarketsandMarkets Predicts Major Growth in the Far-field Voice Recognition Market

MarketsandMarkets Predicts Major Growth in the Far-field Voice Recognition Market

A new report from MarketsandMarkets suggests that the demand for far-field voice recognition tech will skyrocket in the next few years. The market is expected to jump from $969 million in 2018 to $3.5 billion by 2024 thanks to the rising popularity of smart speakers, smart TVs, and an ever-expanding range of other smart devices. North America…

Acuity Report Points to Enormous Potential in Airport Biometrics Market

Acuity Report Points to Enormous Potential in Airport Biometrics Market

“As airport AI-enhanced biometrics become mainstream, so too will consumer comfort and preference for the convenience of the experience.” – Maxine Most, Principal, Acuity Market Intelligence A new Acuity Market Intelligence forecast is pointing to the vast potential in the airport biometrics market. The renowned market research firm predicts that between 2019 and 2022, the…

The Border Security Market will Nearly Double by 2028: Frost & Sullivan

The Border Security Market will Nearly Double by 2028: Frost & Sullivan

Frost & Sullivan is projecting that the border security market will nearly double in the next ten years, jumping from $19.22 billion in 2018 to $35.23 billion by 2028. The forecasted growth will occur as countries try to reduce illegal trafficking while making it easier for legitimate travelers to pass through border checkpoints, and is detailed in…

The Week’s Most-Read Biometrics News: March 16-22

The Week’s Most-Read Biometrics News: March 16-22

This week’s most-read articles on FindBiometrics cover a range of topics, including liveness detection, security in the Internet of Things, and even a bit of biometrics controversy. First, though, some good news. Despite incursions from facial recognition in the wake of Apple’s launch of Face ID, the overall fingerprint biometrics market is going to continue…

NuData Receives SC Media Award 30 Years in the Making

NuData Receives SC Media Award 30 Years in the Making

SC Media pulled out all of the stops for its 30th Anniversary Awards celebration, adding a slew of special categories to its annual SC Media Awards. NuData Security became one of the major beneficiaries when its NuDetect behavioral biometrics platform was named the Most Critical Solution in the last 30 years. “NuData has most assuredly…

Fingerprint Biometrics Market to See Solid Growth Through 2023: ABI Research

Fingerprint Biometrics Market to See Solid Growth Through 2023: ABI Research

Despite the rise of facial recognition in smartphones, the fingerprint sensor market will continue to see substantial growth over the coming years, according to a new market forecast from ABI Research. The firm predicts that the fingerprint sensor market will see 1.26 billion shipments this year, and that this ties into a predicted CAGR of…

US-China Trade War, Apple Hinder Goodix Growth: Exec

US-China Trade War, Apple Hinder Goodix Growth: Exec

The US-China trade war is slowing growth in the mobile biometrics market, suggest comments made by a senior Goodix executive at the latest Mobile World Congress. Speaking to the Nikkei Asian Review, Goodix CTO and COO Pi Bo said, “Under the current conditions, it has become very unlikely for Chinese tech companies like us to…

This Week’s Most-Read Biometrics News

This Week’s Most-Read Biometrics News

Taking stock of FindBiometrics’ most popular articles this week, there’s no clear through line. And maybe that’s the point: In early 2019, biometric technologies have spread across a diverse array of applications spanning a range of industries. And there’s considerable variety in the biometric technologies themselves, with a number of modalities now in the middle…

OneSpan: Most Financial Institutions Still Rely on Outdated Password Security

OneSpan: Most Financial Institutions Still Rely on Outdated Password Security

In recent years, more and more financial institutions have turned to biometric technology to improve security and customer service, incorporating solutions that range from voice banking software to facial recognition scans at ATMs. However, a new report from OneSpan suggests that it will take a considerable push to make the full transition to biometric authentication…

Gemalto Orders Biometric Card Tech From Fingerprints

Gemalto Orders Biometric Card Tech From Fingerprints

As it works toward commercially launching biometric payment cards, Gemalto has ordered fingerprint scanning technology from Fingerprint Cards. More specifically, Gemalto is leveraging Fingerprints’ T-Shape fingerprint sensor module and its recently announced Biometric Software Platform in the continuing development of payment cards that can scan a user’s fingerprint for authentication during transactions. Announcing the order…

Samsung Bets Big On In-Display Fingerprint Sensor Tech in Galaxy S10

Samsung Bets Big On In-Display Fingerprint Sensor Tech in Galaxy S10

The cat is out of the bag, and the fingerprint sensor is under the display in Samsung’s latest flagship smartphone, the Galaxy S10. In officially announcing the new device this week, just ahead of this year’s Mobile World Congress in Barcelona, Samsung was keen to emphasize the all-around technical prowess of the S10, but the…

BRIEF: Cutting-Edge IT at HIMSS 2019

BRIEF: Cutting-Edge IT at HIMSS 2019

The healthcare sector represents a byzantine industry with a complex set of technological needs. Accordingly, it’s an area in which biometric technology offers some compelling applications, and is starting to make some serious inroads. It’s no wonder, then, that such technologies showed a stronger presence than ever at this year’s healthcare IT-focused HIMSS conference in…

Veridium Survey Finds Growing Support for Biometric Authentication in the Workplace

Veridium Survey Finds Growing Support for Biometric Authentication in the Workplace

Veridium has shared the findings of its Biometric Consumer Sentiment Survey, revealing that more adults are warming to the benefits of biometric authentication. The survey found that a full 70 percent of respondents would like to see biometric authentication used more often in the workplace, alternately citing speed, security, and convenience (and the difficulty of…

AMR Forecasts a Booming Keystroke Dynamics Market

AMR Forecasts a Booming Keystroke Dynamics Market

A new report from Allied Market Research suggests that the keystrokes dynamic market is set to explode in the next few years. According to AMR, 2017’s $129.8 million keystroke market figure will climb to $754.9 million by 2025 as more companies look for behavioral biometric solutions to increase security and combat the rising number of…

Data a Central Concern in New HIMSS Predictions for 2019

Data a Central Concern in New HIMSS Predictions for 2019

HIMSS has launched a new annual predictions report, with the inaugural publication entitled, “2019 Healthcare Trends Forecast: The Beginning of a Consumer-Driven Reformation”. The white paper includes insights from leaders across HIMSS and its partner organizations Health 2.0, Healthbox, and PCHAlliance. In a statement announcing the new publication, HIMMS offered a few highlights from its…

OPPO K1 Smartphone to Launch in India with In-Display Fingerprint Biometrics

OPPO K1 Smartphone to Launch in India with In-Display Fingerprint Biometrics

“Other features of the OPPO K1 include a 6.4″ Super AMOLED display, a Snapdragon 660 processor, a 25MP selfie camera, a dual 16MP and 2MP rear-facing camera system, and a 3,600mAh battery.” OPPO’s K1 smartphone will soon launch in India, further spreading the reach of in-display fingerprint sensor technology after the device’s launch in China…

AFIS Market to Reach $26.55B by 2026: Report

AFIS Market to Reach $26.55B by 2026: Report

“Stratistics Market Research Consulting asserts that demand for AFIS systems is being fuelled in large part by increasing spending in the government sector…” A new market report from Stratistics Market Research Consulting is predicting solid growth for the fingerprint authentication market over the next several years. Entitled “Automated Fingerprint Identification System (AFIS) – Global Market…

MIT AI Policy Congress Convenes to Discuss AI and Ethics

MIT AI Policy Congress Convenes to Discuss AI and Ethics

The inaugural MIT AI Policy Congress recently convened in Massachusetts, bringing together leading researchers, industry insiders, and policy experts for a series of discussions about the future of artificial intelligence. Hosted by MIT’s Internet Policy Research Initiative (IPRI) and the Organization for Economic Cooperation and Development (OECD), the conversation stressed the importance of collaboration and…

Year in Review: ‘Frictionless’ is the New F-word

Year in Review: ‘Frictionless’ is the New F-word

One of the clearest trends at last autumn’s Money20/20 event in Las Vegas was the emergence of a popular new buzzword: “Frictionless”. As one of the event’s participants quipped, friction is the new F-word, and while that may be especially true in the financial services sector, it’s a sentiment that is spreading rapidly across a…

IT Professionals Express Concern About Data Security: Ping Identity

IT Professionals Express Concern About Data Security: Ping Identity

In its latest report on The State of Enterprise IT Infrastructure and Security, Ping Identity teamed with MarketCube to survey more than 300 IT professionals. They found that most large companies are wary of cloud and SaaS infrastructure, with many citing security concerns in a year with many high-profile data breaches. As a result, most…

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