TechNavio, a technology research and analysis firm, has released a new report on the Biometrics Market in the APAC Region. The report indicates that the market is expected to grow at a rate of 20.5 percent (CAGR) over the next four years.
According to the report, the growth in the region is being propelled by security concerns related to terrorism, which as led many governments to implement electronic passport programs using multimodal biometrics systems. Some countries, such as Singapore, are interested primarily in securing transportation terminals; while others are embarking on more ambitious programs, such as India’s nationwide biometric citizen registry.
The trend isn’t much of a surprise. Governments around the world have been eager to get their hands on biometric technology for security purposes, and certain sectors within the biometrics field have seen decreasing technological costs which have made technology like fingerprint-scanning viable for widespread use. But there’s plenty of more detailed information available in the full report.
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November 25, 2014 – by Alex Perala
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