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
What the fuck?
"When will the perverts picked out of the government and positions of power for thorough…"
"Welcome on board. Your input is welcome, but could you provide a translation in…"
"Did you lose the password= As far as I know we have changed nothing her. Continue as Sullivan."
Death of an F-106 Pilot in Pursuit of the Unknown
The year in between 1970 and 1972 on July 14 on a single night when a series of events led to the…See More
"Hey, buddy! You're right, I can't get into my account! "
The Re-Evaluation of our Current Reality
Surprisingly, there has been talk of mankind being enveloped in an artificial reality for decades…See More
Source: Havana Syndrome investigation is "a massive CIA cover-up" | 60 Minutes
For years, the U.S. government has doubted the stories of those suffering from AHI, commonly called Havana Syndrome. Now, victims hope that reports of a newl...
Regrets That Cling to Me
Talking with my shadow in the nightI know it sounds contriteA vacuum without the lightThe silence…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