The total Southeast Asian and Australia-New Zealand biometrics market revenue was US$295.3 million in 2011. The market is expected to witness a CAGR of 15.2 percent between 2011 and 2016, reaching $597.9 million by the end of the forecast period. Southeast Asian biometrics market is expected to witness a CAGR of 16.7 percent during the forecast period. The market growth is being driven by implementation of large-scale government programs. Australia-New Zealand biometrics market has reached a mature state and is estimated to witness a CAGR of 13.0 percent by 2016.
The government end-user vertical currently contributes to 95.8 percent of the total revenue and is expected to witness a CAGR of 9.8 percent by 2016. Applications considered for sizing include border control projects, national ID programs, and those used for law enforcement, voting systems and access control. Border control includes e-passports, e-visas and e-gates.
The revenue generated by the banking vertical, including access control in banks and ATMs and phone banking, is estimated to witness a CAGR of 67.4 percent by 2016. The revenue generated by the consumer electronics vertical, including applications on laptops, smartphones, tablets and gaming consoles, is estimated to witness a CAGR of 67.5 percent by 2016. The revenue generated by the health care vertical is estimated to witness a CAGR of 19.1 percent by 2016. Applications include logical access control, physical access control and authentication for secured transactions.
Sales Breakdown (Biometrics Market in Southeast Asia, Australia and New Zealand)
Note: Others include modalities such as finger vein, voice, DNA and emerging technologies such as gait, signature verification and so on.
Note: All figures are rounded. The base year is 2011. Source: Frost & Sullivan analysis
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