DENVER, COLO. – A report from Acuity Market Intelligence, an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometric and electronic identity (eID) market trends, is projecting that global mobile biometric market revenues will reach $34.6 billion annually by 2020.
The consultancy’s recently published Global Biometrics and Mobility Report: The Convergence of Commerce and Privacy addresses the growth of biometric sensors embedded in smart mobile devices; biometric apps offered by banks, payment processors, retailers, or online identity providers; and biometric authentication for payment and non-payment transactions provided via secure cloud-based services.
C. Maxine Most Principal, Acuity Market Intelligence, said, “Biometrics are a natural fit for the smart mobile devices we literally hold onto nearly every waking hour. The explosion in the use of smart devices over the past five years, along with anticipated growth over the next five — especially in developing economies where sub $100 smart phones have begun to alter the mobile landscape — will bring biometrics into the daily lives of half the global population. By 2020, 100 percent of smart mobile devices will include embedded biometric sensors as a standard feature.”
The consultancy also pointed to recent terrorism and violence across Europe, the United States, and the Middle East, along with concerns about global migration and immigration as driving renewed efforts to vet immigrants and international travelers while enhancing and expanding biometric border security. As an example, Acuity reported that the collection and screening of biometrics for visas and at ports of entry have become global national security standards, with more than two billion biometric National IDs and 690 million biometric ePassports currently in circulation.
This is in addition to the 1,760 biometric eGates deployed in 51 countries at 157 locations, and 1,247 Automated Passport Control Kiosks deployed at 45 locations in North America, Europe, and the Middle East.
Integrated Biometrics strategic partner CLEAR, the nation’s leading biometric service provider, recently announced an expanding network of biometric security lanes at airports and stadiums across the country. CLEAR’s members can use their fingerprint and iris identification technology to expedite the known traveler process at airport security screening checkpoints throughout the U.S., strengthening security and redefining travelers’ experiences at airports including San Francisco, San Jose, Denver, Dallas-Fort Worth, Houston Bush, Houston Hobby, San Antonio, Austin, Orlando, Miami, Las Vegas, Baltimore-Washington, and Westchester County Airport in New York. CLEAR is also available at the MLB stadiums of the New York Yankees, San Francisco Giants, Colorado Rockies, and Miami Marlins in addition to the Miami Heat of the NBA.
CLEAR stations incorporate the Watson Mini FBI Appendix F certified multi-fingerprint scanner from Integrated Biometrics which utilizes innovative, patented light emitting sensor (LES) film for fast, quality fingerprint enrollment and verification in direct sunlight and on dry or moist fingers.
For more information about CLEAR, visit www.clearme.com.
To read about the Acuity Market Intelligence report, visit www.acuity-mi.com.