Biometrics Market worth $7.59Bn in 2012

Wednesday 17 October 2012, Amsterdam

An analysis indicates that the Biometrics market is set to be worth $7.59bn in 2012, as demand continues for advanced personal identification and verification systems for a range of military, governmental and civilian applications.

The author of the Biometrics report comments that: ‘Biometric technologies are an increasing viable prospect for both military and civilian purposes. With progressively increasing technological advances and codification of doctrinal usage, biometric technologies are set to fulfil a range of security demands. Despite defence cutbacks, the global biometrics market is to be both sustained and enhanced by the commercialisation of the technology, which is increasingly finding applications within the civilian marketplace, providing security from criminal enterprises and identity theft.’

The report has 217 pages and contains 137 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the Biometrics market. This report provides a range of forecasts for the period 2012-2022, as well as for 3 submarkets (government/Homeland Security, military, and private sector) of the Biometrics market. In addition, the 8 leading national Biometrics systems markets are analysed over the period 2012-2022 (as well as an analysis of the ‘Rest of the World’ market, which is divided into forecasts across five market regions). The report also provides profiles of 30 leading companies operating within the market, including 3 interviews with Cross Match Technologies, DigitalPersona, and BIO-key providing expert insight alongside analyses.

The Biometrics Market 2012-2022 report will be of impressive value to current, and future, investors into the Biometrics industry, as well as to companies and research centres who wish to broaden their knowledge of the Biometrics market.