EMEA region rife with biometric growth opportunity
16 December, 2009
category: Biometrics, Government
The Europe, Middle East and Africa (EMEA) region has been showing signs for continued future growth in the biometrics market, according to a report from Frost & Sullivan, a research firm. Specifically, they cite the growing government sponsored biometric programs, such as e-passport and other national identification programs, as counter-balancing the negative impacts failing economies otherwise would have had on the industry.
The report further specifies an expected compound annual growth rate of 25.5% between 2008 and 2015 and includes fingerprint recognition, face recognition, iris recognition, hand geometry, and voice and signature verification technologies. Researchers from Frost & Sullivan also cite the rising demands for better security alternatives in a number of areas where biometrics have already emerged as both an affordable and viable option. These areas include logical and physical access control, time and attendance tracking and border control.
Other happenings expected to push biometrics adoption in the EMEA region are the International Civil Aviation Organization 9303 mandate and the European Commission 2252 passport regulation that will further drive biometric passport program adoption.