technology

New Report Predicts Biometrics Market’s Peak

New Report Predicts Biometrics Market’s Peak

Market research firm Research and Markets has released a new report on the global biometrics market, and predicts solid growth over the next decade. The researchers believe that the global market is currently valued at $4.4 billion USD and will grow at a rate of 8.7 percent (CAGR) to a value of $10.2 billion USD…

Report: Bright Future for Iris Recognition

Report: Bright Future for Iris Recognition

The iris recognition biometrics market is going through a strong growth phase, according to a report from tech research firm TechNavio. The firm’s researchers predict a 23.5 percent CAGR for this market between 2014 and 2019. The researchers point to healthcare, financial, government, defense, and transportation as the key sectors driving demand for iris recognition…

New Cornea-Scanning Tech Could be Spoof-Proof

New Cornea-Scanning Tech Could be Spoof-Proof

A Sydney-based entrepreneur is developing a cornea-based biometric authentication system, according to an article by Beverley Head in The Sydney Morning Herald. Stephen Mason, an optometrist by trade, took a $450,000 loan from Perth-based mining company Nemex Resources, to develop prototypes under his own startup, Wavefront Biometric Technologies. Mason believes the technology he is developing…