forecast, industry

Biometrics market forecast…

INDUSTRY FORECAST: Biometric Market Forecast to 2014 (RNCOS)

Key bits:

  • Asia-Pacific region has been emerging as the fastest growing destination for biometric solution applications
  • CAGR of around 21% during 2012-2014
  • AFIS recognition currently dominates the global biometric technology market
  • Other tools are gaining ground
  • Companies are looking for such software products which reduce time spent on integration, and biometric authentication in multi-layer security architecture would be the next big thing in network security.

That last one can be the determining factor for whether or not a Return on Investment rationale exists for adding a biometric capability. At SecurLinx, it also happens to be our specialty.

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