Biometrics Research Group, Inc.

Biometrics Research Group Inc. projects that the global biometrics market will grow to US$35.5 billion by 2020 from its 2015 value of US$15 billion.

The market for automated fingerprint identification systems and fingerprint biometric technologies account for the greatest share of the global biometrics market and is forecast to continue to be the main source of overall market revenues from 2015 to 2020. This sector was valued at US$10 billion in 2012 and is expected to reach nearly US$25 billion in 2015.

Face, iris, vein, and voice recognition biometric technologies together form the second largest segment. This sector was worth US$5 billion in 2015 and is expected to reach US$10.5 billion in 2020.

Biometrics Research Group Inc. will be presenting research papers through this website. Stayed tuned for updates.

Subscribe for daily email updates, get our rss feed or follow us on twitter.

Special Report: Biometrics and Border Security
This report by Biometrics Research Group, Inc. provides an update concerning the application of biometrics to border security .. Continue reading

Special Report: Biometrics and banking
This report by Biometrics Research Group, Inc. provides an updated overview and market synopsis of biometrics for the global financial sector .. Continue reading

Special Report: Law enforcement and biometrics
This report provides a brief, updated overview of the market size and biometric technologies available for the law enforcement market in the United States .. Continue reading

Special Report: Mobile Biometrics Market Analysis
This report examines the growing drivers for mobile biometric authentication and a primarily mode of biometric standardization .. Continue reading

Special Report: Biometrics in Workforce Management
This report examines the growing demand for biometric applications for labor management, workforce productivity and time and attendance solutions .. Continue reading

Special Report: Biometrics in Healthcare
The growing demand for biometrics solutions is mainly driven by the need to combat fraud, along with the imperative to improve patient privacy along with health care safety.. Continue reading

Special Report: Biometrics and Banking
This report notes that tevenue will primarily be driven by adoption in emerging economies, but market and technological research will continue to be conducted in developed countries.. Continue reading

Special Report: Port Security
This report examines biometric credentialing of transportation workers at U.S. seaports along with the security challenges caused by lack of holistic biometric access control options. Continue reading

Special Report: Mobile Biometric Authentication
This report examines how the total market for mobile biometrics will increase due to smartphone growth along with the drive for password supplantation. Continue reading

Mobile commerce next killer app for biometrics
Mobile commerce is emerging as the next killer application for biometrics. Continue reading

Special Report: National and Civil ID
This report by Biometrics Research Group, Inc. examines the numerous electronic credentials and processes emerging within the National and Civil ID market. Continue reading

Special Report: Voice Biometrics
This report on voice biometrics looks at both speech recognition and speaker/voice recognition and provides a basic analysis of respective market sizes with a look at some of the main vendors controlling the space including Nuance Communications, ValidSoft Ltd. and VoiceTrust. Continue reading

Special Report: Biometrics and National Security
Biometrics Research Group, Inc. provides an overview of the biometric security initiatives that the U.S. military engages in within theaters of war.
Continue reading

Spending on forensic, missing persons DNA biometrics database to grow
The Biometrics Research Group, Inc. estimates that law enforcement spending on forensic DNA databases throughout North America will total approximately $750 million in 2015.
Continue reading

500 million biometric sensors projected for “Internet of Things” by 2018
Now the “Internet of Things” paradigm proposes the possible interconnection of a wider array of devices, which were once thought of as inert or ordinary. The BMRG expects biometric sensors will play a role in this new device environment.
Continue reading

Special Report: Biometrics and Homeland Security
Biometrics Research Group, Inc. provides a brief overview of the spending and programs that the U.S. Government is engaged in surrounding homeland security initiatives.
Continue reading

Special Report: Law Enforcement and Biometrics
Biometrics Research Group, Inc. takes an in-depth look at market size, purchasing patterns and biometric technologies for the law enforcement market in the United States.
Continue reading

ePassports market to reach $10.2 billion by 2015 with 500 million ePassports issued
Biometric Research Group believes that within the next decade, the ePassport will be the ubiquitous travel document.  The research firm estimates that nearly 500 million ePassports have been issued worldwide by over 100 countries and that approximately 485 million are in circulation.  Of these, 54 countries have opted to store facial and fingerprint data in the travel document.
Continue reading

Mobile commerce will drive millions of biometric smartphone shipments, billions in transactions
Biometrics Research Group, Inc. expects that mobile commerce adoption will accelerate due to impending wide-scale integration of biometric technology into smartphones.
Continue reading

U.S. Government Spending on Big Data to Grow Exponentially
Biometrics Research Group, Inc. has observed that national security and military applications are driving a large proportion of “Big Data” research spending.
Continue reading

Genetic testing will drive new luxury advertising market
Biometric Research Group, Inc. expects that genetically-driven personal advertising marketplaces will emerge and become a popular luxury offering to consumers in advanced economies by 2020.
Continue reading ..

Eye tracking and gesture will control future mobile devices
Biometrics Research Group, Inc. expects that technologies that track eye and gesture movements will play a large role in future mobile applications and devices.
Continue reading ..

Next round of smartphones to incorporate biometrics
Biometrics Research Group, Inc. expects that biometrics will become integrated within a wide number of mobile devices in the near future.
Continue reading ..

Biorhythm-based consumer electronics to become mainstream
Biometrics Research Group, Inc. estimates that wearable health and fitness sensors will exceed 40 million shipments by 2015.
Continue reading ..

Biometrics projected to cut bank operational risks by 20 percent
The implementation of new biometric technologies in the banking industry has the potential to cut a financial institution’s operational risks by at least 20 percent over the next 10 years.
Continue reading ..

Mobile devices to drive bank adoption of voice biometrics
Financial institutions have identified voice biometrics as one of the best means to secure its client accounts and financial information.
Continue reading ..

Emerging economies embracing biometric banking technologies
The need for highly secure identification and personal verification information systems is becoming extremely important, especially in the banking and finance sector.
Continue reading ..

Asia to lead growth in biometric banking applications
Identity theft and identity verification has begun to fuel growth for biometric applications in the banking sector.
Continue reading ..

Indonesia most advanced adopter of eID credentials
Implementing a biometrically-enabled identification card in Indonesia, the country with the fourth largest population, has been a vital step in creating a nationwide identification infrastructure.
Continue reading ..

Biometric Research Note: World’s first multilateral eID border crossing program proposed in Caribbean
With the introduction of CARIPASS, the 15 participating governments in the Caribbean aim to enhance regional security and support expedited travel throughout the entire region.
Continue reading ..

Biometric Research Note: Systematic process needed to implement government eID programs
The emergence of national eID technologies are placing pressures upon national governments to migrate to new credential standards in the interest of enhanced security.
Continue reading ..

Biometric Research Note: Market for electronic identity cards projected to grow
The Biometrics Research Group expects the market for electronic identity (eID) cards to reach US$5.2 billion by 2015.
Continue reading ..

Biometric Research Note: ImageWare Systems, Inc.
ImageWare Systems is a “speculative buy” for retail and institutional market investors because they are an attractive acquisition target for larger biometric firms.
Continue reading ..

Biometrics Research Note: Aware, Inc.
Aware, Inc. (NASDAQ: AWRE) is a “speculative buy” for investors that are intent on holding equities that provide exposure to the biometric sector.
Continue reading ..

Biometrics Research Note: Consolidation trend expected to continue in biometrics sector
The Biometrics Research Group has observed significant consolidation of the biometrics industry, where a few large multinational firms, who are actively pursuing government, as well as commercial applications, have acquired many small companies. We expect this trend to continue.
Continue reading ..

Biometrics Research Note: Biometrics to gain traction in security product market
The demand for new technology such as biometrics and smart cards will broaden the market for residential and commercial security products in the United States over the next five years.
Continue reading ..

Biometric Research Note: Integration companies winning military biometric contracts
Integration companies that adopt a consulting based approach to biometric-based security implementations will have a competitive edge in terms of securing military contracts.
Continue reading ..

Biometric Research Note: U.S. Government Driving Biometrics
The U.S. Government is the major driver of biometrics. Biometrics Research Group Inc. conservatively estimates that the U.S. Government is spending at least US$450 million per annum on pure biometric research. Continue reading ..

Biometric Research Notes: FLIR Systems
The stock price of FLIR Systems is projected to rise over 25 percent over the next year. The firm which focuses on the defense, security and law enforcement segments however will be affected by economic instability and by lowered rates of U.S. military expenditures. S&P has placed a hold recommendation on the stock. Continue reading ..

Biometric Research Note: Commercial Applications for Biometrics Growing

Biometrics Research Group Inc. projects that the global biometrics market will grow to $15 billion by 2015 from its 2012 estimated value of $7 billion. The market for automated fingerprint identification systems and fingerprint biometric technologies account for the greatest share of the global biometrics market and is forecast to continue to be the main source of overall market revenues from 2010 to 2015. Continue reading ..