Fingerprint payment cards to reach 160m shipments by 2022

ABI Research has published its latest Biometric Technologies and Applications report, which finds that biometric technologies are consistently growing their presence in more banking applications. The report states that embedded fingerprint sensor payment cards are the latest addition finally ready to go public. Fingerprint embedded payment cards will experience a significant growth over the next years reaching 160 million shipments by 2022 with a 5-year CAGR of approximately 400 percent. While the Middle East, Africa and North America will be

Report finds enterprises prefer fingerprints over facial recognition for mobile authentication

Bitglass released the findings of its BYOD and Identity research report, which includes insights from more than 200 IT and security professionals surveyed at the Gartner Symposium/ITxpo conference. According to the research, one in four organizations lack some form of multi-factor authentication when securing BYOD, which is consistent with well-known enterprise security gaps. With several high-profile data breaches in recent months, enterprises are looking to technology as a means of solving the secure identity management challenge. “Enterprises often misjudge the

Automated security eGate market to grow 9% CAGR from 2017-2021

Technavio has published its latest market research report on the global automated security e-gate market, which examines key trends expected to impact the market outlook from 2017-2021. Titled “Global Automated Security E-gate Market 2017-2021“, the report forecasts the global automated security e-gate market to grow at a CAGR of close to 9 percent during the forecast period. Countries like the US and those in the European Union (EU) have comprehensive policies for reinforcing border security. Meanwhile, emerging economies such as

Mobile biometrics market to grow 79% CAGR to 2021

Technavio has published a new market research report that forecasts that the global mobile biometrics market will grow at a CAGR of more than 79 percent from 2017 to 2021. The report, ‘Global Mobile Biometrics Market 2017-2021’, provides an in-depth analysis of the market in terms of revenue and emerging market trends, including up to date analysis and forecasts for various market segments and all geographical regions. “Various sectors, such as healthcare and defense, and enterprises are increasingly using the mobile

Opus Research report aims to dispel fears and myths of voice biometrics

Opus Research has penned a new report addressing some of the fears and myths surrounding the use and deployment of voice biometrics. Titled “Voice Biometrics, What Could Go Wrong? Understanding threats, weaknesses, attack vectors and how to mitigate them“, the report is aimed at differentiating the real threats from the hype, as well as providing effective techniques for voice biometrics implementation. The report summarizes “Intelligent Authentication” methodologies to guide decision-makers in driving rapid deployments and accelerated adoption. Authored by Opus

BCC Research projects forensics market to reach $19.2B by 2022

BCC Research has published a new report entitled “Forensic Technologies: New and Growing Markets“, in which it forecasts the total U.S. market for forensic technologies to reach $19.2 billion by 2022 from $12.7 billion in 2016 at a CAGR of 7.7 percent. The report states that computer forensics and forensics accounting will remain the largest sectors of this market, followed by DNA testing and fingerprinting/biometrics. In contrast, BCC predicts that analytical instruments and supplies to have the lowest growth rate.

FPC, Counterpoint Research reports project smartphone fingerprint growth

Fingerprint Cards (FPC) commissioned research group Kantar TNS to conduct a study on how consumers perceive biometrics, including which methods are being used, for what, and why. The fingerprint is the number one biometric used today on smartphones. According to the study, fingerprint readers are only available on 42 percent of devices but 82 percent of respondents with access to the technology use fingerprint authentication. “As a leader in biometrics, and in order to develop future solutions as well as

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. What a weird couple of weeks. Stock markets continue to hit record highs. The Dow Jones Industrial Average, the MSCI All Country World Index and the S&P 500 all continue to arc into uncharted territory.

Facial recognition not an effective enterprise security measure: Bitglass report

Bitglass has released its “Data Games: Security Blind Spots According to Experts report” in which hackers rated facial recognition as one of the least effective enterprise security measures six times more often than fingerprint authentication. The finding is an intriguing insight in light of the new iPhone X’s migration to face-recognition authentication feature. Bitglass’ new report features survey insights from 129 White Hat and Black Hat hackers that attended the Black Hat 2017 national cybersecurity conference. Hackers emphasized that the

Apple Face ID to impact global mobile biometrics market

Goode Intelligence published a new analyst report that explores the impact of Apple Face ID on the market, as well as forecasts that revenues for mobile & wearable biometric authentication will surpass $14.75 billion by 2022. In its latest “Analyst Report, Mobile & Wearable Biometric Authentication Market Analysis and Forecasts 2017-2022 (fourth edition)”, Goode Intelligence also forecasts that by 2022 over 1.7 billion devices will have integrated biometric hardware and over 2.1 billion biometric software licenses will be sold. “The