Biometrics

Insights on the Iris Recognition Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio

Monday, November 30, 2020 - 6:17am

The iris recognition market is expected to grow by $ 2.08 bn, progressing at a CAGR of over 23% during the forecast period.

Key Points: 
  • The iris recognition market is expected to grow by $ 2.08 bn, progressing at a CAGR of over 23% during the forecast period.
  • View the full release here: https://www.businesswire.com/news/home/20201129005231/en/
    Technavio has announced its latest market research report titled Global Iris Recognition Market 2020-2024 (Graphic: Business Wire)
    The growing need to reduce identity duplication is one of the major factors propelling the market growth.
  • However, factors such as the vulnerability of biometrics systems will hamper market growth.
  • The increased adoption of iris recognition in the government sector will significantly influence the Iris recognition market's growth in this region.

Global Fingerprint Sensors Market Report 2020 with Analysis of the Top 12 Companies - ResearchAndMarkets.com

Wednesday, November 25, 2020 - 9:46am

The "Global Fingerprint Sensors Market, 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Fingerprint Sensors Market, 2020" report has been added to ResearchAndMarkets.com's offering.
  • The global fingerprint sensors market is competitive and growing quickly.
  • In a field of about 60 global industry participants, the report plotted the top 12 companies.
  • Integration of fingerprint sensors in smartphones, tablets, and other Internet of Things (IoT) devices is spurring exponential market growth.

Worldwide Automated Border Control Industry to 2025 - Airport Applications are Expected to Witness a Rapid Growth - ResearchAndMarkets.com

Tuesday, November 24, 2020 - 11:58am

According to the European Commission, more than 887 million travelers are expected to make arrivals across the European Union.

Key Points: 
  • According to the European Commission, more than 887 million travelers are expected to make arrivals across the European Union.
  • With this enormous difference in traffic, the automated border control system's adoption rate is significantly high compared to seaports and land ports.
  • The number of airports investing in automated border control, check-in, and bag drop solutions, worldwide, is increasing, for enhancing the airport operational efficiency.
  • Further, as of June 2019, travelers that were landing at the Keflavik International Airport (KEF) in Iceland were going through the kiosk-based border control.

NICE Named a Leader in Intelligent Authentication and Fraud Prevention for the Second Consecutive Year by Leading Analyst Firm

Tuesday, November 24, 2020 - 11:30am

NICE (Nasdaq: NICE) today announced it has been recognized as a Leader for its Real-Time Authentication (RTA) and Fraud Prevention solutions by Opus Research for the second year successively.

Key Points: 
  • NICE (Nasdaq: NICE) today announced it has been recognized as a Leader for its Real-Time Authentication (RTA) and Fraud Prevention solutions by Opus Research for the second year successively.
  • NICEs innovative, self-learning ENLIGHTEN Fraud Prevention solution was highlighted as a key differentiator in the report entitled Intelligent Authentication and Fraud Prevention Intelliview.
  • NICE distinguished itself by offering innovative solutions that fulfill requirements for real-time authentication over multiple channels, explained Dan Miller, Lead Analyst at Opus Research.
  • The Opus Research report particularly commended the innovative NICE ENLIGHTEN Fraud Prevention solution that combines NICEs leading voice biometrics technology with its ENLIGHTEN customer engagement AI platform.

ImageWare® Reports Third Quarter and Nine-Months Results

Monday, November 23, 2020 - 9:05pm

SAN DIEGO, Nov. 23, 2020 /PRNewswire/ --ImageWare Systems, Inc. (OTCQB: IWSY), a leader in biometric identification and authentication, today reported financial results for the third quarter and nine-month period ended September 30, 2020.

Key Points: 
  • SAN DIEGO, Nov. 23, 2020 /PRNewswire/ --ImageWare Systems, Inc. (OTCQB: IWSY), a leader in biometric identification and authentication, today reported financial results for the third quarter and nine-month period ended September 30, 2020.
  • Revenue for the third quarter ended September 30, 2020 grew 215% to $2,471,000 compared with $785,000 for the third quarter of 2019.
  • Net loss per share narrowed to ($0.02) for the third quarter ended 2020 versus ($0.04) in the same period in 2019.
  • Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur.

MaxID Designer Creates MozaicID Mobile Credential Reader Compliant with U.S. Coast Guard Reader Rule

Monday, November 23, 2020 - 1:43pm

The MozaicID MCR (Mobile Credential Reader) meets requirements named by the U.S. Coast Guard TWIC Reader Rule for enforcement on December 31, 2020.

Key Points: 
  • The MozaicID MCR (Mobile Credential Reader) meets requirements named by the U.S. Coast Guard TWIC Reader Rule for enforcement on December 31, 2020.
  • The device offers automated, off-site report archiving, which fulfills the 2-year archive requirement with reports pre-formatted to TSA and U.S. Coast Guard information as required.
  • MozaicID's President of Product Development designed the legacy MaxID Biometric Unit, the MaxID iDL500, which was awarded the previous U.S. Coast Guard Reader Contract in 2009.
  • Many of the MaxID units may remain in operation today, but will no longer be compliant as of December 31, 2020.

Mobile Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 - 2024 | Technavio

Friday, November 20, 2020 - 11:45pm

The mobile biometrics market is poised to grow by USD 15.63 billion during 2020-2024, decelerating at a CAGR of about 19% during the forecast period.

Key Points: 
  • The mobile biometrics market is poised to grow by USD 15.63 billion during 2020-2024, decelerating at a CAGR of about 19% during the forecast period.
  • View the full release here: https://www.businesswire.com/news/home/20201120005552/en/
    Technavio has announced its latest market research report titled Global Mobile Biometrics Market 2020-2024 (Graphic: Business Wire).
  • The report on the mobile biometrics market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
  • The mobile biometrics market analysis includes technology segment and geography landscape.

Global Biometric POS Terminals Market 2020-2024 - ResearchAndMarkets.com

Thursday, November 19, 2020 - 5:48pm

The biometric POS terminals market is poised to grow by $ 855.56 mn during 2020-2024 progressing at a CAGR of 32% during the forecast period.

Key Points: 
  • The biometric POS terminals market is poised to grow by $ 855.56 mn during 2020-2024 progressing at a CAGR of 32% during the forecast period.
  • The reports on biometric POS terminals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • This study identifies the growth of self-service market as one of the prime reasons driving the biometric POS terminals market growth during the next few years.
  • Also, the biometric POS terminals market analysis report includes information on upcoming trends and challenges that will influence market growth.

The global biometric in automotive market was valued at USD 183.59 million in 2019, and it is expected to reach USD 503.15 million by 2025, registering a CAGR of 19.06% during the period of 2020-2025

Thursday, November 19, 2020 - 4:30pm

The global biometric in automotive market was valued at USD 183.59 million in 2019, and it is expected to reach USD 503.15 million by 2025, registering a CAGR of 19.06% during the period of 2020-2025.

Key Points: 
  • The global biometric in automotive market was valued at USD 183.59 million in 2019, and it is expected to reach USD 503.15 million by 2025, registering a CAGR of 19.06% during the period of 2020-2025.
  • - The ECG biometric technology is an ideal modality for auto as it supports multiple use cases and applications.
  • - Analog Devices, Inc. (ADI) announced a collaboration with B-Secur Ltd to develop a complete biometric authentication solution for use in automotive vehicles.
  • Based on the forward-looking trends in automotive applications, Lynk & Co. demonstrates various premium high-tech designs on its all-new coupe SUV.

OpenBCI Unveils Galea, A New Platform that Brings Next Generation Biometrics to Mixed Reality

Thursday, November 19, 2020 - 2:00pm

Galea also includes robust SDKs to bring biometric data into common development environments and enable researchers and developers across industries to produce next generation experiences through neurotechnology.

Key Points: 
  • Galea also includes robust SDKs to bring biometric data into common development environments and enable researchers and developers across industries to produce next generation experiences through neurotechnology.
  • "I believe that head-mounted computers integrated with human consciousness will drive the next major technology paradigm shift.
  • We are providing the world with a playground for experimentation and development using multi-modal biometric data in tandem with next generation wearable displays."
  • Starting next year, OpenBCI will provide early access to researchers and developers aiming to leverage BCI combined with mixed reality for commercial and research applications.