TrendBiometrics revenues to reach 8.9 billion Pounds by 2015
Worldwide revenue from biometric technology is set to treble in the coming years, reaching 8.9 billion Pounds in 2015; as well as the usual access control uses of biometrics, corporations are beginning to utilize the technology to protect their data
Worldwide revenue from biometric technology is set to treble in the coming years, reaching £8.9 billion in 2015.
Biometric technology is used in access control systems, particularly for intruder detection and perimeter security in the form of facial recognition software. Much of the increase in revenue will come from this sector.
Wavestore quotes Ahmed Pauwels, chief executive of Epoc Messe, which is organizing the Middle East’s premier security trade fair Intersec, to say that the interest in biometrics is increasing at a “remarkable” rate in all sectors.
“Both the public and private sector in the region are increasingly interested in incorporating biometric technology as part of their overall security environment,” he said.
Specifically, said Pauwels, there has been an increase in finger scans, eye scans, and facial recognition technology in airports and other security-sensitive sites.
As well as the usual access control uses of biometrics, corporations are beginning to utilize the technology to protect their data.
