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
"The Chinese sent more than 100 thousand visitors to the US after the failure of the Wuhan lab to…"
"Burbia! Thank you for the video, yes Texas aint puttin up with this shit! "
"This is encouraging."
"There was no trail of death from the first case in the US landing in Seattle and brought north of…"
[OFFICIAL TRAILER] The Grand Deception
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Архітектурне планування двоповерхового будинку: ключові рішення для комфортного простору
Проєктування двоповерхового будинку — це складний, але захоплюючий процес, що поєднує…See More
© 2026 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network