November 21, 2014 -
Research and Markets announced it has published its “2014 Border Control & Biometrics Market Assessment” report, which explores the border control and biometrics market, as well as a forecast for 2014-2022.
The report illustrates how the increase in international border controls has resulted in the authentication process becoming more convenient for the customer, all without compromising the security level.
In addition, the report states that the border control and biometrics market covers border control, eGovernment and law enforcement, and is influenced by ePassports and electronic identification solutions.
Meanwhile, major market drivers are lower-cost and easier integration of systems, ending product life cycles, and increasing government spending.
Other key findings in the report include the fact that while the majority of countries have adopted biometric border control solutions, there is still a lot of room for growth.
The most attractive regions by revenue are Asia-Pacific, followed by Europe and North America. This is primarily driven by new eGovernment programs in Asia-Pacific and North America, as well as new border control programs in Europe.
Border control continues to be the most attractive segment in terms of revenues earned, with the growing demand for ePassports and eVisas being the key driver in this segment.
In comparison, the eGovernment segment is not as attractive as border control because of its maturity. However, the segment is still expected to ensure large revenues throughout the 2014-2022 period due to its global market reach.
The report also includes an in-depth analysis of the law enforcement segment, as well as overviews of North America, Latin America, Europe, The Middle East, Central Asia, Africa, and APAC.