With rapid adoption of biometric technology in government organizations and financial institutions, the sector is set to witness a CAGR of around 23% during 2011-2014; says RNCOS.
Noida, UP -- (SBWIRE) -- 04/03/2011 -- Demand for biometric systems is growing at a fast pace as many government organizations and financial institutions are adopting this technology across the globe. It is rapidly being used in areas, such as defense, aviation, and criminal and civil identification. A rise in identity thefts and terrorist attacks are the key reasons for the growth in this market. Besides, the systematic replacement of existing passports and adoption and the issue of new e-passports represent an important market for contactless technology.
According to our research report “Global Biometric Forecast to 2012”, global biometric market will grow at CAGR of around 23% during 2011-2014. As the technology continues to improve, the prices continue to decrease and consumers are becoming more accustomed to use it as an efficient way to prove their identity and make secure transactions. Besides, increasing adoption of biometric system across government organizations and financial institutions is fueling the growth in the industry for the past few years.
John Kiriakou served 15 years in the CIA as a Case Officer (Spy) and as CIA's Head of Counterterrorism Operations in Pakistan where he lead the raid that cap...
An examination of the Tavistock Institute, a theory which seeks to explain how Western societies have been brainwashed by a cabal of social scientists and th...
In this short clip, Patrick Bet-David, Sebastian Gorka Adam Sosnick, and Tom Ellsworth George Soros and what motivates him to do the things he does. FaceTime...
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network