RegardingID Archive | Biometrics driving the next age of security in Asia Pacific markets

Wednesday, April 30, 2008

New analysis from Frost & Sullivan (http://www.autoID.frost.com), Biometrics Markets in Asia Pacific, finds that the market earned revenues of $126.3 million in 2007 and estimates this to reach $1.6 billion by 2012. The report found that national ID projects and e-Passport programs are providing the biggest potential for biometrics in the Asia Pacific region.

With the cost of biometric readers declining, biometric border control security is also being implemented in many countries across Asia. The report concluded that in the coming years, biometrics products will all be standardized and interoperable with other security systems, providing a much higher level of security.

New airport e-gate supports multimodal biometrics

Vision-Box, a biometrics solutions provider, has come out with an automatic border control e-gate that supports multimodal biometric authentication.

This new e-gate is a thin system that contains vb i-match, a single sourced design that is modular and flexible and can be adapted to business requirements and infrastructure constraints that would otherwise disrupt passenger flow. It has the ability to cope with industry standards such as ICAO. The e-gate supports iris, fingerprint and facial biometrics.

Report forecasts global health care biometrics market to 2017

Reportlinker.com has added a new report by Frost and Sullivan to its catalog that examines the global health care biometrics market. Called “Strategic Analysis of the Global Healthcare Biometrics Market,” this study looks at the technology around all types of biometric capture, including fingerprint, face, iris, hand and voice.

Aware wins three large-scale biometrics border management contract

Massachusetts-based Aware Inc. has announced it’s won three contracts to provide biometrics software and services for three large-scale border management systems in Europe, the Middle East and North America.

Biometrics market to grow 21% by 2014

Market research firm RNCOS has released a report called “The Biometric Market Forecast to 2014,” which predicts double-digit growth for the sector by 2014.

As reported on AZOSensors.com, RNCOS believes the market will grow by a 21% compound annual growth rate from 2012 to 2014. Companies’ efforts to combat identity theft and enhance corporate security will drive this growth.

UL acquires Witham Laboratories to expand evaluation services

Safety science company UL has acquired Melbourne, Australia-based Witham Laboratories, a global provider of payment software and hardware security reviews.

The acquisition expands UL’s reach into the payment card security assessment field and will enable it to provide security reviews of payment terminal, software and infrastructure.

MasterCard ranks countries for 'Mobile Payments Readiness'

Singapore, Canada, the United States, Kenya and South Korea have topped MasterCard’s newly released Mobile Payments Readiness Index (MPRI), an analysis of 34 countries and their readiness to use three types of mobile payments: person to person, mobile Web commerce and NFC-enabled mobile contactless payments at the point of sale.

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Biometrics driving the next age of security in Asia Pacific markets