Biometrics-as-a-service monetization strategies to drive border control market to $3.5B by 2025
Demand for biometrically-enhanced authentication and identity management for border control is growing at rapid pace, as the technology delivers high security and fast passenger processing times. Biometric kiosks, e-gates, surveillance cameras and fingerprint, iris and face recognition for border control will reach an estimated revenue of $3.5 billion by 2025, ABI Research says in a recent report.
“Not only are these new technologies bringing forth a wide spectrum of monetization strategies for service integrators and stakeholders, they also are creating a new set of challenges,” explains Dimitrios Pavlakis, Industry Analyst at ABI Research.
Investments in biometric technology for border control operations are delivering a higher return-on-investment and improving monetization strategies such as reducing identity management and passenger flow, cutting down processing time and automating passenger authentication, among others.
“This is predicated on the assumption that new infrastructure investments for Automated Border Control (ABC) management, new devices and software services will be in place,” Pavlakis says. “ABC is greatly dependent upon biometric e-gates and passenger registration self-service kiosks using face, fingerprint, and iris recognition.”
Border control agencies have introduced a number of hardware devices in their daily operations such as handhelds, and biometric device add-ons for immigration ID and authentication, access control and workforce management, which are expected to generate revenue of $1.6 billion by 2025.
Government and law enforcement agencies leverage biometric technology and services to share information and collaborate at international level to boost security and surveillance, and improve operations related to counter-terrorism at land, air and sea border. The border control revenue for surveillance camera shipment is estimated at $1.9 billion by 2025 globally, following a high interest in building up border security with video analytics, behavioral analytics, machine learning and machine vision technologies.
“Integrating biometrics into border control is not an easy task – at least not if one is planning on maximizing their ROI,” Pavlakis points out. “While biometric technologies are currently enjoying an increased penetration rate, border authorities and stakeholders must balance several conflicting variables.
“These variables include supporting law enforcement, balancing biometric surveillance operations and interoperable services, decreasing operational latency, automating authentication, and streamlining passenger flow,” he adds. “All while complying with governmental mandates, regulations, data protection standards, and dealing with infrastructure upgrades and cybersecurity investments.”
Pavlakis advises companies developing biometric technology and services focus on the challenges and tailor their biometrics-as-a-service monetization strategies to industry ROI demands, expansion plans, and infrastructure needs.
“Specialization is a key prerequisite, and innovative companies like Gemalto (Thales Group), Idemia, Collins Aerospace, Gunnebo, Vision-Box, Dermalog, HID Global and Aware, each are developing their own unique market strategy by targeting different applications like e-gate and kiosk solutions, face/fingerprint/iris recognition hardware options, passenger management authentication, consumer and mobile biometric solutions, inter-agency data sharing and interoperable service platforms,” Pavlakis concludes.