in ,

TechNavio: 3D Facial Recognition Demand to Drive Govt Biometrics Market Through 2019

TechNavio: 3D Facial Recognition Demand to Drive Govt Biometrics Market Through 2019 - top government contractors - best government contracting event

biometricsA report by TechNavio predicts that global biometric spending in the government sector will climb in value from 2015 to 2019 at a compound annual growth rate of more than 14 percent.

The company said Friday the availability of user-friendly and cost-effective biometric systems and past violent incidents that have created the need for 3-D facial recognition technology drive market growth.

“There has been an increase in the implementation of 3-D facial recognition technology in the government, utilities, military, homeland security, retail and BFSI sectors,” said Faisal Ghaus, a vice president at TechNavio.

Other technologies include fingerprint, DNA, iris and voice recognition tools, as well as mobile biometrics for law enforcement applications.

TechNavio said vulnerabilities and high costs of some biometric systems present challenges to the market.

The report listed the following key vendors:

  • 3M Cogent
  • BioEnable
  • Crossmatch
  • NEC
  • Safran
ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Biometrics News

mm

Written by Anna Forrester

MarketsandMarkets: Global Drones Market to Attain 32% CAGR by 2020 - top government contractors - best government contracting event
MarketsandMarkets: Global Drones Market to Attain 32% CAGR by 2020
Inmarsat's Rebecca Cowen-Hirsch: Ka-Band Satcom Tech Can Help Accelerate Military Data Transfers - top government contractors - best government contracting event
Inmarsat’s Rebecca Cowen-Hirsch: Ka-Band Satcom Tech Can Help Accelerate Military Data Transfers