Global market for various biometric technologies to grow to $12 billion by 2015

December 2, 2010

The global market for various biometric technologies is estimated at $4.2 billion in 2009, a figure that is expected to reach 5 billion in 2010 and nearly $12 billion by 2015, a compound annual growth rate (CAGR) of 18.9%.

Learn about the global as well as regional markets for biometric technologies and devices, applications for each type of biometric technology with future forecasts through 2015, industry structure, patents and major biometric companies…

Use this report to:

  • Understand the rapidly evolving technology of biometrics, its full range of applications, and its potential for new applications in civilian areas as more private sector units start using biometric technologies in their day-to-day operations
  • Develop strategies to expand your present market position and identify newer markets based on an analysis of the product and technology life cycles of various types of biometric devices and methods
  • Prepare for key factors driving change in the biometrics industry including technology capability and performance improvements and innovative uses of biometrics to solve specific problems
  • Learn about worldwide government initiatives and recent legislation and government security programs that will continue to drive demand for biometrics technologies.

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

Global Market for Biometric Technologies through 2015

 

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Move To Biometrics Unlocks Privacy Pandora’s Box

July 30, 2008

There’s no question that the market for biometric technologies—including fingerprint sensors, palm print readers, eye and facial scanners, and voice recognition systems—is booming. BCC Research estimates global 2007 biometrics sales of $2.7 billion will grow to $7.1 billion by 2012, an annual compound growth rate of more than 20%.¹

¹Carmi Levy; Processor.com
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Pacific Biometrics, Inc. Reports Third Quarter Fiscal 2008 Results

May 15, 2008

Commenting on the performance of the new biomarker services unit, Dr. Mario Ehlers, President of Pacific Biomarkers, Inc., said: “Since introducing clinical biomarker services less than 12 months ago we have seen rapid growth in that area and the new subsidiary is already making a meaningful contribution to overall financial results.

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¹Pacific Biometrics, CNNMoney.com

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Siemens combines identity management and biometrics units

May 12, 2008

Siemens has announced that it will combine its identity management and biometrics businesses into a new unit that will begin operations in June. The new unit, which will employ 130 people, will be formed from the combination of Siemens’ IT Solutions and Services biometrics center in Graz, Austria, and its Siemens Healthcare arm which provides identity and access management. The company said the move will enable it to offer cross-sector biometric applications.¹

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¹Computer Business Review, cbronline.net

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