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Biometrics Industry, Strategies and Forecasts: 2001-2006
WinterGreen Research, Inc., Pages: 153
People do not communicate through words alone. They use gesture, body language and tone of voice, and infer subtleties from the way others behave as they talk. Computers, by comparison, have much less to go on. Typed search engine commands, mouse clicks and cursor movement keys fall well short of the richness and emotion of human discourse. Passwords are neither satisfactory nor reliable as a means of authenticating a user identity.
Breakthroughs in these areas benefit from long-standing research programs in biometrics. As biometrics becomes commercialized, computer security is better and less expensive. The science of biometrics includes recognition and identification through features such as eye characteristics, fingerprints, voice and even dimensions of your head or bodily odor and the control of computers using gestures or eye movements.
To authenticate an identity to a system several methods of authentication have been developed. Criteria are composed of passwords, PINs, tokens, or biometrics. Passwords and PINs are currently the most inexpensive and commonly used methods of authentication although biometric-based and token-based systems provide more security.
Biometric security applications are based on semiconductor or optically based direct contact fingerprint image capture devices. Other methods of biometric identification include retinal blood vessel or iris pattern recognition, hand geometry recognition, voice pattern recognition, and facial structure.
Proprietary algorithms and customizable application software suites represent a primary industry trend.
Microsoft and the International Biometric Industry Association (Ibia), BioAPI consortium represent standards forces driving market growth. Microsoft is integrating biometric authentication technology into its next version of Windows, thereby validating the technology. The Microsoft implementation sends a message to the market that this technology is ready for widespread adoption.
Biometric solutions have not gained widespread commercial acceptance. The biometrics and Afis $392 million in 2000 is expected to reach $2.1 billion by 2006.
The biometrics business at $110 million in 2000 is expected to reach $1.9 billion by 2006. Fingerprint technology represents over 50% of revenue. All the technologies are growing in popularity. Fingerprint and electronic signature verification represent the largest market segments by 2006.
In 2000 the fingerprint biometric markets were at $57.8 million. The World Trade Center bombings are expected to drive demand for increased security worldwide. The biometrics market is expected to reach $907.6 million by 2006.
KEY Topics
Biometrics Drives Computer Consumer Security Usage
Biometric Media Property Strategies
Uses of Biometrics for Airport and Airline Security
Biometric Building Security Market Positioning
Companies Profiled:
Communication Intelligence Corporation (CIC)
Cyber-sign
EyeTicket
Interlink Electronics
IrScan
Identix
International Digital Holding / TrueTouch Technologies
Litronic Litronic
Motorola
Veridicom
VeriSign
Visionics Corporation
Report Methodology
This is the sixty first report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary data bases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.
About the principal authors
Ellen T. Curtiss, Technical Director, co-founder of WinterGreen Research, conducts strategic and market assessments in technology-based industries. Previously she was a member of the staff of Arthur D. Little, Inc., for 23 years, most recently as Vice President of Arthur D. Little Decision Resources, specializing in strategic planning and market development services. She is a graduate of Boston University and the Program for Management Development at Harvard Graduate School of Business Administration. She is the author of recent studies on worldwide telecommunications markets and the Top Ten Telecommunications market analysis and forecasts.
Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Regional Bell Operating Companies' marketing strategies, Internet equipment, a study of Internet Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, and Application Integration markets. Ms. Eustis is a graduate of Barnard College.
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