Worldwide Biometrics Market to Excel $12 Billion by 2015, Says MarketResearch.com

Date: 2011/04/28
Source: MarketResearch.com
Biometrics refers to the technology of measuring and analyzing a single or multiple forms of biological data. Biometrics are used to measure and analyze human body characteristics, such as fingerprints, eye retinas and irises, voice patterns, facial patterns and hand measurements or behavioral aspects of a human, such as signature, keystroke dynamics or gait. The different characteristics are used to identify people and to authenticate their identity. The global market for biometrics is expected to reach between US$12 billion and $14 billion by 2015.