News and insight into biometric identification and authentication

As security need rises, Chinese biometric market expects growth

Thursday, August 14, 2008

China and surrounding countries have been seeing an increase in computer data security technology, such as biometric access control, and a trend away from physical computer security, such as laptop locks, as computer theft has been heading towards the data being more valuable that the machine itself, according to a Computer Products article.


Companies such as Hong Kong-based Linpo Optics have developed biometric hardware beyond the basic built in fingerprint reader on laptops to include biometric access controlled flash drives and mice. Other companies, such as RCG Corp., have developed facial recognition technology and built them into consumer level laptops that enables the access to the machine. Additionally, many other technologies are being developed and the markets seeing growth as concerns over data security rises in many Asia countries.

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Reportlinker.com expects the global smart card market to grow 12 percent through 2014, it says in a new forecast report, according to ATM Marketplace.

“Smart Card Market Forecast to 2014” is a global look at the shipment of smart cards. Reportlinker.com estimates that shipments will be around 6.1 billion units in 2011, an 11% increase over 2010.

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A new report on the market for biometric technology in India forecasted a 42.4% compound annual growth rate for the industry in the four year span. TechNavio, a market intelligence reporting company, reviews and forecasts the period of 2010 through 2014 from

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Global Industry Analysts has announced the release of a new market research study on the global biometric industry’s marketplace projecting the market to reach $16.47 billion in worth by 2017.

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