Global government biometrics spending to reach $122M by 2019
Technavio has published a new research report titled “Global Biometrics Spending Market in the Government Sector 2015-2019“, which forecasts global biometrics spending in the government sector to grow at a CAGR of more than 14% to reach more than USD $122 million by 2019.
According to the report’s findings, North America currently has the largest market share with about 33% as a result of US and Canadian governments investing in various biometric solutions.
The report details key drivers such as high-security and around-the-clock monitoring and reliability are triggering demand for cloud-based biometrics in the government sector.
Other key trends such as e-voting, which is being implemented by various governments using cloud-based biometrics, are responsible for growth.
The e-voting system provides remote accessibility, transparency and security to the voting process, by verifying the identity of the voter by matching their biometrics against a database.
The report also finds that governments of many countries are adopting biometrics to monitor employee attendance, rationing, and border control.
One prominent example of this is the Unique Identification Authority of India (UIDAI) issuance of the Aadhaar Card for biometric attendance systems in government organizations.
“Governments are adopting multimodal biometric system, which is a combination of biometric technologies such as fingerprint, face, palm, vein, and iris recognition,” said Navin Rajendra, Technavio Research’s lead analyst for IT hardware, software and services. “For instance, Defense Advanced Research Projects Agency (DARPA) has introduced the HumanID Program, which helps officials identify suspects from a distance of less than 10 feet and up to 150 feet.
“SecuRegister is a multimodal biometric system that captures several biometric features, which are then linked to documents such as passport and driver’s license, thereby helping to retrieve data about an individual from the database.”
The report details the largest vendors in the global biometrics spending market in the government sector, including 3M Cogent, BioEnable, Crossmatch, NEC and Safran.
Previously reported, TechNavio will publish on September 16th its new report, “Biometrics Market in the United States in Education Sector 2015-2019”, which forecast the biometrics market in the US education sector to grow at a CAGR of 23.65% from 2014 to 2019.