Biometric Technology Market Revenues Set to Treble by 2012
Written on 4:29 AM by AKS
The global biometric products market is slated to cross US$7 billion mark by 2012, riding on government identity management programmes, criminal ID and surveillance and private sector initiatives such as employee ID, etc. This growth gels well for Epoc Messe Frankfurt organisers of Intersec trade fair and conference, scheduled to take place at the Dubai International Convention and Exhibition Centre from 18-20 January 2009 where as many as 30 companies are showcasing products related to the biometrics field.
The global biometrics market is teeming with opportunities, trends, and growth drivers and around 30 companies exhibiting at Intersec trade fair and conference will have the opportunity to network with patrons strategic planners, systems integrators, equipment developers, and companies and professionals looking to explore the current and future landscape of the biometrics industry.
Global biometric revenues are projected to grow from AED 11 billion in 2007 to AED 27 billion in 2012. The key areas for growth include fingerprint non-AFIS biometrics followed by face recognition at and iris recognition. Asia and the Middle East region in particular are expected to be the largest global markets for biometric products and services.
Biometric technologies that will be displayed at Intersec trade fair and conference include areas such as fingerprint scan, face recognition, automated fingerprint identification systems (AFIS), live-scan, iris recognition, middleware/biometric identity management software, vein recognition, multiple-biometric, hand geometry and voice recognition.
The commercial security stream of the conference will feature pivotal topics, such as convergence of IP and physical security, analytics of video IP, security and biometrics based on eyeball reflexes, intelligent video surveillance, and many more.
If you enjoyed this post Subscribe to our feed