EMEA Biometrics Market expected to grow by 25 per cent from 2008 to 2015
(17/12/2009)
According to new analysis from Frost & Sullivan, the EMEA Biometrics Market earned €216.1 million in 2008 and is anticipated to reach €1,058.0 million by 2015, growing at a compound annual growth rate (CAGR) of 25.5 per cent from 2008 to 2015.
The biometrics market has gained steady momentum in the EMEA region (Europe, Middle East and Africa) in recent years. The various government projects newly issued are expected to counterbalance the negative impact that the current economic recession is having on the commercial and financial sectors. Infrastructure security developments like e-Passports, the national ID programme, as well as seaports, and airports will be driving the market. Technologies covered include: non-AFIS, face recognition, iris recognition, hand geometry as well as voice and signature verification.
The convergence of security for physical and logical access control through the use of smart cards with embedded fingerprint biometric technology is a major market driver. It is projected to become the standard in many organisations for secure identity management.
The International Civil Aviation Organisation (ICAO) 9303 mandate and European Commission (EC) 2252 passport regulation will likely push the deployment of biometric passports. Biometric national IDs, driving license and healthcare card schemes are also expected to gain momentum in additional European countries in the next three years.
“There is great demand for more reliable, accurate and secure measures to validate and authenticate individuals for both physical and network/IT access,” notes Frost & Sullivan Industry Analyst Matia Grossi. “Hence, biometric technologies including fingerprint, face and iris recognition are increasingly finding use for physical/logical access control, transactional authentication, time and attendance, travel/identity documents and border control applications.”
“The Schengen Visa, which features embedded fingerprint biometric technology, will continue to boost revenues for border control solutions,” adds Grossi. “The iris recognition immigration system (IRIS) programme is currently functional in airports including Birmingham, Gatwick, Heathrow, Manchester and Stansted. It is set to be widely adopted in other UK and European airports in the next three to five years.”
Customers still perceive biometric solutions as key value additions to their security deployments; however the severe budget cuts on spending for high capital-intensive investments in the current economic climate have negatively impacted the market. For example, the Department of Transportation in the United Kingdom withdrew tenders for the development and implementation of a facial recognition pilot scheme that was intended to develop into a full system in November 2008.
“Biometric vendors need to reiterate the cost benefits of their products,” advises Grossi. “They should constantly redefine their product portfolio and the value added services they provide and ensure a faster return on investment (ROI) for the end user.”
Related topics: Eye biometrics Face biometrics Fingerprint biometrics Hand biometrics ID card
Print version |
Email to a friend |
Related articles
Data breaches: Trends, costs and best practices gives you all the latest information on securing personal and corporate data, key recommendations for immediate action to improve data security, and how to respond to data breaches.
Other Security news and resources
Security News
Suppliers Directory
Jobs forum
Classifieds
Knowledge base
White papers
Research library
Security books
Special reports
Security interviews
Security companies
Security events
Security links
Security market
Product channels
Access Control Biometrics CCTV Intruder Alarms IT Security Manned Guarding Perimeter Protection Physical Security Remote Monitoring Security Services Fire, Health & Safety Other Security Products
IT Security white papers and research library
Access Control Authentication Data Management Data Security Digital Signatures Email Security Identity Management Internet Security Intrusion Prevention Network Security Remote access security Security Management Security Policies Security Software Security Threats Virus Detection Software Virus Protection VPN Vulnerability Assessment Wireless Security
Security books, guides, standards and toolkits
RFID and Smart Cards books, guides and reference documents Biometric books, guides and reference documents CCTV books, guides and reference documents Intruder alarms and intrusion detection systems books, guides and reference documents Monitoring and surveillance books, guides and reference documents IT Governance, ISO 27001 ISO 17799 and BS 7799 toolkits Fire, Health & Safety books, guides and reference documents


