Global Biometric Market All Set to Expand During 2011-2014
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.
read more http://www.sbwire.com/press-releases/sbwire-85924.htm
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.
read more http://www.sbwire.com/press-releases/sbwire-85924.htm
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Devo - Fresh
"Fresh" is from Devo's 2010 album, Something For Everybody. Video producer – Brian Carr/David VotteroVideo director – Gerald Casale & Davy Forcehttps://www.C...
"Remember that song by Alan Parsons "Eye in the Sky"?"
ancient lost worlds ~ DNA
"The area of Ket and Selkup peoples.There have been groups of people that have long…"
FEYNMAN: THE QUEST FOR TANNU TUVA (1988)
"Wow. And as strange coincidence this could be the very place of the great migration ( to America,…"
FEYNMAN: THE QUEST FOR TANNU TUVA (1988)
100th birthday present! Richard Feynman (1918-88), physicist, and his friend Ralph Leighton became fascinated by the remote and mysterious Asian country of T...
"That's right. Many countries head down that road into a terrorising future of Self ID-ers. (…"
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network