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Biometrics sector to grow big in EMEA region

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CIOL Bureau
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LONDON, UK: The business of biometrics in the Europe, Middle East and Africa (EMEA) region earned revenues to the tune of 216.1 million euros in 2008 (around $300 million). The earnings are projected to touch 1,058.0 million euros (about $1.5 billion) by 2015.

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A growth like this, according to the market research firm Frost & Sullivan, shows a compound annual growth rate (CAGR) of 25.5 per cent from 2008 to 2015.

The technologies related to biometric identification constitute face recognition, iris recognition, hand-geometry, voice verification, and signature verification.

It is expected that different government projects, like national identity schemes and e-passports, will “counterbalance” the negative impact that the present global economic recession, Frost & Sullivan said in its report.

Matia Grossi, an analyst at Frost & Sullivan, said in the report that there is good demand for more accurate, reliable and secure measures for validating and authenticating individuals for both physical access and network/IT access. As a result, biometric technologies – including face, iris and fingerprint recognition – are increasingly being used for controlling physical/logical access, time and attendance, transactional authentication, documents on travel and identity, and for border control applications.

According to experts, the International Civil Aviation Organization (ICAO) Document 9303 and the European Commission EC 2252 passport regulation are likely to impel the use of biometric passports. In addition, use of biometric national IDs, healthcare-card schemes and driving licence are expected to spread to more European countries in the next 3 years.

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