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Global Biometrics Market Worth Will Increase To $16.7 billion From 2013 To 2019: Radiant Insights

San Francisco, California, Nov. 19, 2014 (GLOBE NEWSWIRE) -- Worldwide markets are poised to achieve significant growth. As people use electronics in their personal life more, protection of individual information becomes a more compelling problem. Biometrics devices protect individual information.

Biometric identity units provide security protection. Units are comprised of integrated biometric capture devices. Biometrics is used to identify anyone in an accurate, repeatable manner. Physiological characteristics used for biometrics commonly include the face, fingerprints, and DNA. Behavioral characteristics include the user\'s digital signature, his or her voiceprint, and walk.

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As law enforcement programs are redesigned to include information from social media and to initiate smarter cities initiatives, biometrics becomes a more compelling technology, both fingerprinting and facial recognition. Technologies. With the worldwide rise in the threat of terror, biometric systems become a more compelling tool in the hands of the authorities charged with keeping populations safe.

Biometric data protection is being used to replace photographs, passwords and PIN codes.

India, Mexico and Russia are driving the extraordinary growth of biometric systems. China has a biometric national ID program that commenced in 2013. Computer storage of important documents has created an increasing need for biometric security systems.

Selected Market Leaders:

  • NEC 3M / Cogent
  • Safron Morpho Bio-key
  • Gelamto / Avalon Biometrics Tyco
  • Apple / AuthenTec Suprema
  • DigitalPersona Google Motorola
  • Motorola Solutions Cross Match Technologies
  • IBM Aware
  • Green Bit Cognitec Systems
  • Iris ID Systems Iritech

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The global biometrics market is at $5.2 billion in 2012 anticipated to reach $16.7 billion by 2019. Market growth is a result of demand for protection of individual information and for the needs of organization to control access to documents and to areas.

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Source: Radiant Insights