"The Future of Biometrics" - Biometrics Market will Exhibit Sustained Growth Through 2020 as Revenues Approach $10 Billion Annually
Acuity reports that a confluence of factors including the central role of Digital Identity in IT systems, population mobility and workforce decentralization, demand for eGovernment services, ubiquitous reliance on digital transactions, and the inevitability of broadband access everywhere will require a level of authentication available only through the use of biometrics.
Louisville, CO -- Acuity Market Intelligence of Louisville, Colorado, an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometrics market trends, today released prepublication results from the market research report: "The Future of Biometrics". This much anticipated report, available mid-April, indicates that the biometrics market is poised for sustained growth through 2020 approaching revenues of $10 billion USD annually.
Acuity reports that a confluence of factors including the central role Digital Identity in IT systems, population mobility and workforce decentralization, demand for eGovernment services, ubiquitous reliance on digital transactions, and the inevitability of broadband access everywhere will require a level of authentication available only through the use of biometrics.
"The entry of sophisticated, well funded market players with technology expertise in high resolution image capture, large scale data management and high speed processing, and pattern recognition and matching algorithms will enable the biometrics industry to meet this challenge," says Acuity Principal, C. Maxine Most. "Market entrants from fields such as robotics and astronomy will elevate technological capability and provide the requisite knowledge for the industry to leverage the opportunity and experience sustained global growth."
"The Future of Biometrics" assesses the impact of these mega trends and market entrants while addressing fundamental questions about how the biometrics marketplace will evolve through 2020 and where the most lucrative market opportunities will be. The report is intended to provide a basis for short and long term strategic planning for technology and solution development by vendors, integrators, investors, consultants, distributors, solution providers, and end-users.
"Acuity has consistently provided reliable strategic insight into how the biometrics market will develop," says Most. "This has enabled Acuity's clients to position themselves well ahead of emerging market trends increasing their opportunities for success. For the first time this level of strategic advantage will be available to the industry at large."
"The Future of Biometrics" presents Acuity's trademark brand of concise, strategic, hype-free insight into the trends, drivers, and opportunities that will shape the biometrics industry through 2020 and provides detailed market forecasts through 2015.
The report will be available in an innovative format and pricing model. It is presented in two parts, which can be purchased together or individually. Part 1 contains in-depth analysis and Part 2 contains the market segmentation and forecasts.
A report preview including the Table of Contents and List of Charts. Tables and Diagrams are available at www.acuity-mi.com/Future_of_biometrics.html.
Ms. Most, will discuss findings from "The Future of Biometrics" as she moderates and presents at the upcoming i-Pira Biometric Series conference in Washington DC, April 11 through 13. During the conference Ms. Most will facilitate expert panel discussions and interactive Q&A sessions as well as present "The Transformation of the Iris Recognition Market 2007- 2020" based on findings from the report.
To preview and reserve a copy of "The Future of Biometrics", contact Acuity at +1 303 449 1897 or visit http://www.acuity-mi.com/Future_of_biometrics.html
Pricing:
Part 1: Market Analysis $ 495
Part 2: Market Forecasts $ 995
Parts 1 & 2: Market Analysis & Forecasts $1295
Prepublication orders received by April 4, 2007 will be discounted 10%.
For more information on the i-Pira Biometric Series conference, visit http://www.intertechusa.com/ipira
About Acuity Market Intelligence
Acuity Market Intelligence (www.acuity-mi.com) is an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometric and associated identification solutions market trends. The company provides strategic planning, market research and analysis, sector tracking, opportunity sizing, solution and deployment analysis, due diligence, executive briefings, and customized consulting. Acuity publishes the industry leading biometrics market analysis newsletter, the "Biometrics Market Intelligence eUpdate". Qualified readers can subscribe at www.biometricsmi.com. Founded in October 2001, Acuity is headquartered in Louisville, Colorado, USA with clients in the United States, Asia and Europe.
For further information, please contact:
Acuity Market Intelligence
+1 303 449 1897
http://www.acuity-mi.com
Download this press release as an Adobe PDF document.
March 28, 2007
Read more about Biometric Technologies:
Fingerprint, Iris Recognition, Hand & Finger, Facial Recognition, Voice/Speaker, Consultants, Smart Cards/Multimodal, Signature/Keystroke, 2D Barcodes, Sensors, Middleware/Software, Vascular Pattern Recognition
Read more about Biometric Applications:
Physical Access Control, Logical Access Control, Justice/Law Enforcement, Time and Attendance, Border Control/Airports, HIPAA, Financial/Transactional, Integrators/Resellers, Safes, Door Locks, Other
March 28, 2007
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