News and insight into biometric identification and authentication

Biometrics spending to reach record highs by 2013

Monday, July 28, 2008

According to ABI Research, biometrics spending is expected to more than double from $3 billion currently to $7.3 billion by 2013. The growth is due to a number of factors including terrorist attacks earlier this decade and biometric developers working to improve the technology.

The creation of government standards for use and operation of biometrics also is expected to help push the growth. The firm expects much more widespread use and adoption of the technologies in the next five years.

ABI expects to see the increase in use of the technology to be present in both the public and private sectors for security. Furthermore they expect the technology to find more wide-spread use in simplifying daily life through replacing logins and passwords as well as speeding up travel checkpoints. [end] 

Related Articles
Quantifying the e-passport marketplace

Ten years ago, the e-passport was a concept circulating among forward thinking individuals and small groups of associated industry, government and non-government agencies. In the wake of the terrorist attacks on the World Trade Center in 2001 and the subsequent transit attacks in Madrid in 2004 and London in 2005, the e-passport idea rapidly transformed into a foundation for global security. Today, e-passports have not only become mainstream but have also created a multi-billion dollar industry poised to fundamentally change the global travel and border control infrastructure.

read more »
ClearStar partners with Advanced Livescan for new solution

ClearStar Logistics, a developer of employee and tenant screening solutions, has partnered with biometric developer Advanced Livescan Technologies for a biometric-based capture and criminal history screening solution. The new system, which integrates ClearStar.net screening technology with Livescan’s E-VeriTech SOLO, utilizes fingerprint biometrics to search the National Criminal History Record Search database.

read more »
Military using biometrics to categorize Afghans

U.S. soldiers stationed in Afghanistan are depending on various biometric devices and the enrollment of Afghani citizens into their databases to better tell civilians from militants and other criminals in the area, according to a CJTF-101 article.

read more »
Hitachi rises to the top meeting market demands

Hitachi ID Systems has worked to address the trends in the identity and access management market as reported in the February 2010 report “Market Trends: Identity and Access Management Market, Worldwide 2007-2013” from Gartner. The top trends were identified as: vendor consolidation, passwords acting as primary authentication, strong interest in cloud computing and software-as-a-service, internal controls as the key driver for ID management projects, and the fact that many of these projects continue to fail or run over-budget.

read more »
Report: US mobile payments market to reach $56 billion in 2015

MarketsandMarkets has released a new report predicting that the value of mobile payment transactions in the US will reach $56 billion in 2015.

According to the report, “Mobile Payment - Advanced Technologies (NFC), Strategies And Future Of Remote & Proximity Payment In US,” the market for NFC mobile payment in the US is currently in its infancy, with an adoption rate of only 1.7%.

read more »
Automated Valet offers biometric time and attendance solution

Automated Valet has released a valet operating system that includes a biometric time and attendance feature. The system, called AVPM, marks a potential change in the valet industry wherein hours worked may be more accurately tracked as compared to the multitude of traditional hour tracking systems valets normally use including manual reporting.

read more »

Copyright © 2010, AVISIAN, Inc. All rights reserved.