News and insight into biometric identification and authentication

Frost & Sullivan report displays a promising biometric marketplace in Asia Pacific

Wednesday, January 19, 2011

Frost & Sullivan has released a report detailing the state of the market for video surveillance and contactless biometric solutions in the Asia Pacific region.

The report, titled Asia Pacific Profiles of Local Industry Participants: Physical Security, paints a promising picture of the marketplace for the technologies in region wherein many local companies have responded to growing needs by providing a complete range of the products and services necessary for deployment and implementation.


Some of the market drivers the report details include technological advances, reduction in prices in technology and a surge of national ID and other government programs calling for such technology.

The report also makes suggestions for how the marketplace can be further tapped such as addressing end-user privacy concerns due to other non-biometric options remaining a cheaper and less intrusive option. [end] 

Market research firm RNCOS has released a report called “The Biometric Market Forecast to 2014,” which predicts double-digit growth for the sector by 2014.

As reported on AZOSensors.com, RNCOS believes the market will grow by a 21% compound annual growth rate from 2012 to 2014. Companies’ efforts to combat identity theft and enhance corporate security will drive this growth.

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The introduction of biometric multimodal fusion has helped lead to greater accuracy in biometric authentication, but its adoption rate is still overall fairly low, reports ZDNet Asia.

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Reportlinker.com has added a new report by Frost and Sullivan to its catalog that examines the global health care biometrics market. Called “Strategic Analysis of the Global Healthcare Biometrics Market,” this study looks at the technology around all types of biometric capture, including fingerprint, face, iris, hand and voice.

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C-SAM, a U.S.-based provider of secure mobile transactions technology, has announced a joint initiative with MasterCard to offer a white label mobile wallet solution to mobile operators, retail banks and payment providers in Asia Pacific, Middle East and Africa.

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