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.