The global biometric system
market is expected to grow exponentially over the forecast period. Biometric
technology uses a physical or psychological trait for identification or
authentication. By using physical traits, the provider of the trait always has
them with him or her. It can be in the form of the face, fingerprints, voice,
palm, iris, signature, and DNA which can be measured, recorded, and quantified.
These are used to mark or identify a person. Biometrics system is usually used
for identification and access control. Biometrics uses personal features that
are inseparable from an individual, thus improving security.
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The growing use of a biometric
technology in cloud computing and the e-commerce platform for a biometric
technology offer ample opportunities for the biometrics system market. Alternatively,
factors such as government initiatives to implement biometrics in several
fields, increased privacy needs in smartphones, execution of biometric
technology in criminal identification and election administration, and the
introduction of e-passports are expected to propel the growth of the global
biometrics system market.
Growing security concerns have
significantly increased the usage of biometrics system in organizations. One of
the key factors fueling the market is the increased threats to national
security. Increasing thefts and terrorist activities related to critical data
have forced the government to implement biometrics system in several government
organizations. The increased business rivalry has raised confidentiality needs
for organization’s information and data. Incapability of security pins and
passwords to fully secure the data has increased the usage of biometrics
system. Biometrics systems are also used for facilities like driving license
and e-passport. An initiative by the Indian government to offer every citizen
Unique Identity Cards (UID) namely Aadhar card, which contains biometric data
of an individual has propelled the growth of biometrics system market.
Improvement in technology has increased the biometrics systems that can scan
numerous personal traits. Cost reduction of these systems has driven the market
growth in recent past.
One of the major challenges
faced by this market is strict control to access available government databases
as theft of biometric information can lead to a serious threat to nation
security. For a long time, the use of biometrics was limited to forensic
applications. Recently, however, it has become possible to digitize, store, and
retrieve biometric pattern and have them processed by computers. Large scale
deployment can thus be envisaged in, for instance, passports, voter ID cards,
national ID cards, and driver’s licenses, which will reduce waiting time at
border control or for welfare disbursement. Biometrics provides a challenging
solution to increased security needs, as it bases verification on aspects that
are specific to each individual.
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