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Biometrics market in EMEA examined in new report

Research And Markets : 16 December, 2009  (New Product)
The report on "EMEA Biometrics Market" from Research and Markets examines the different technologies and the markets they serve with growth prediction
Research and Markets has announced the addition of Frost & Sullivan's new report 'EMEA Biometrics Market' to their offering.

Economic Slowdown Notwithstanding, EMEA Biometrics Market Offers Growth Opportunities

Since the rebound of the global economy in 2004 from the severe economic crisis of 2000, the biometrics market has gained steady momentum in the Europe, Middle East and Africa (EMEA) region. The current economic downturn in the commercial and financial segments is likely to be counterbalanced by government projects in the next three years. Physical access control, personal computer (PC) and network security, time and attendance, law enforcement, transactional authentication, travel documents, police force and border control applications have boosted market revenues from 2004 to 2008. 'There is great demand for more reliable, accurate and secure measures to validate and authenticate the right individual for both physical and network/IT access,' notes the analyst of this research. 'Hence, biometric technologies including fingerprint, face and iris recognition are increasingly finding use for physical/logical access control, transactional authentication, time and attendance, travel/identity documents and border control applications.' The convergence of security for physical and logical access control through the use of smart cards with embedded fingerprint biometric technology is a major market driver. It is projected to become the standard in many organisations for secure identity/credential management.

The International Civil Aviation Organisation (ICAO) 9303 mandate and European Commission (EC) 2252 passport regulation are anticipated to push the deployment of biometric passports. Biometric national IDs, driving license and healthcare card schemes are also expected to gain momentum in more European countries in the next three years. 'The Schengen Visa, which has an embedded fingerprint biometric technology, will continue to boost revenues for border control solutions,' adds the analyst. 'The iris recognition immigration system (IRIS) programme is currently functional in airports such as Birmingham, Gatwick, Heathrow, Manchester and Stansted.' It is set to be widely adopted in more UK and other European airports in the next three to five years.

In the current economic climate, sales and quotations have varied with negotiations on maintenance contracts occurring in all segments. Although customers still perceive biometric solutions as key value additions to their security deployments, there have been severe budget cuts on spending for high capital-intensive investments. For instance, the Department of Transportation in the United Kingdom withdrew tenders for the development and implementation of a facial recognition pilot scheme that was intended to develop into a full system in November 2008.

Since the recession started in 2008, many financial and commercial sectors have received setbacks and pulled away from high capital-intensive biometric deployments due to budget constraints. 'Biometric vendors need to reiterate the cost benefits of their products,' advises the analyst. 'They need to constantly redefine their product portfolio and the value added services they provide and ensure a faster return on investment (ROI) for the end user.'

Expert Frost & Sullivan analysts thoroughly examine the following end-user sectors in this research:

* Government/law enforcement
* Finance
* Healthcare

By Application:

* Physical access control/time and attendance
* E-documents
* Criminal identification
* Transactional authentication
* Consumer electronics

The following technologies are covered in this research:

* Non-AFIS
* Face recognition
* Iris recognition
* Hand geometry
* Voice and signature verification

This Frost & Sullivan research service titled EMEA Biometrics Market provides an in-depth vertical, application and geographic analysis of the Europe, Middle East and African markets. Market drivers, restraints, vertical split, application split and geographic split are studied. Also provided is an examination of technology and distribution trends together with a look at the competitive structure. In this research, Frost & Sullivan's expert analysts thoroughly examine the following end-user sectors: government/law enforcement, finance and healthcare. Physical access control,time and attendance, e-documents, criminal identification, transactional authentication and consumer electronics are some of the application areas that are scrutinised. Technologies covered include non-AFIS fingerprint, face recognition, iris recognition, hand geometry as well as voice and signature verification.

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