Security News > 2017 > February > Global biometrics market revenue to reach $15.1 billion by 2025 (Help Net Security)

The biometrics market has reached a tipping point. Driven largely by the confluence of organizations’ desires to better authenticate or identify users and users’ distaste for knowledge-based systems (password and challenge questions), biometrics is working its way into consumer, industrial, and government systems at an increasing pace. Tractica forecasts that annual biometrics hardware and software revenue will grow from $2.4 billion in 2016 to $15.1 billion worldwide by 2025, representing a compound annual growth rate … More →

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