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North American Biometrics in Border Control Applications Markets
Frost & Sullivan, June 2008, Pages: 73
This research service titled North American Biometrics in Border Control Applications Markets provides an in-depth analysis of the key market drivers and restraints, revenue forecasts, technology trends, and competitive structure. The meticulous analysis of the border control applications market will allow for a clear understanding of market penetration, revenue potential, and growth opportunities. The study also alerts the market participants and new entrants to position themselves favorably in the changing environment. In addition, it portrays the key application areas and the future market potential. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: fingerprint recognition, face recognition, and iris recognition.
This analysis is available through our Automatic Identification & Security Growth Partnership Services program. With continuous access to intelligence and resources from all seven perspectives of the complex business universe, the Growth Partnership Services program ensures that you and your Growth Team™ are able to maintain a 360° view of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.
Need to Counter Fraudulent Activities and Illegal Immigration Drives Use of Biometric Solutions in Border Control Applications
Tightened security measures in the wake of September 11, 2001 have created a strong case for biometric solutions in border control applications. The convenience and user friendliness of biometric solutions such as e-passports have made them the security solution of choice for clamping down on illegal cross-border activities. Although the government was initially reluctant to lend support to biometrics, a few major successful deployments at the air, land, and seaports won market vendors the support of the federal government.
'Regulatory standards including the Visa Waver program mandated by the United States have opened up significant revenue generating opportunities for biometric vendors,' says the analyst of this research. 'Collaborating and marketing the right technology for a specific application and educating the people regarding privacy concerns through more trade shows and conferences will help vendors achieve significant profit margins.'
Technological Innovation to Help Biometric Vendors Beat the Competition
Vendors will be looking to exploit any opportunity they can gain, since the competition has been continuously escalating. They could strategically position products as early in their life cycle as possible or focus on providing higher, accurate, and cost-effective solutions. 'Historically, fingerprint recognition technology has been the most economical and well-suited technology for documents issuance and physical access control,' notes the analyst. 'However, a shift in dynamics is expected as the price of face recognition and iris recognition systems declines.'
Market participants are increasingly investing in R&D to gain an edge in technological competence and provide enhanced, non-invasive security solutions. Iris recognition technology has taken a great leap with the development of a solution that can measure from a distance of more than 20 meters. Another novel solution in this segment, which can identify stationary as well as mobile objects, is expected to witness remarkable growth. In the face recognition segment, the invention of 3D face recognition has eliminated a number of problems such as feature localization, pose, and illumination, which were associated with 2D face recognition. Market participants can leverage these product benefits to establish a strong foothold in the market once they sort out the issues of standardization and sales cycle.
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