Fingerprint recognition biometric systems are the most used type of biometric systems across the globe, owing to their ease of use, low cost, high speed and accurate results.
Biometric systems are used across various public as well as private offices for boosting the security of data and information, as these systems provide an accurate validation as compared to traditional methods such as ID cards, PINs, passwords, etc.
The increased use of biometrics in ecommerce and cloud computing solutions, coupled with initiatives taken by the government of various countries across the world to adopt biometrics systems for identification and verification purposes are some of the major factors driving demand for biometric solutions, at a global level.
The introduction of electronic passports and electronic visas, use of biometrics in criminal identification, increasing demand for smartphones integrated with biometric technologies and implementation of biometric technology in election administration are anticipated to drive the global biometrics market.
However, in terms of growth, vein scanner biometrics systems segment is anticipated to outpace fingerprint recognition biometrics systems by 2021.
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