Quantifying Biometric and Electronic Identity Markets

Society is undergoing rapid and fundamental change in how identity is defined, valued, and used. Paper-based identity documents are migrating to electronic credentials at an unprecedented pace. These electronic identity (eID) credentials are based on a number of rapidly emerging technologies such as smart chips, RFID, NFC, and biometrics and can take the form of smart tokens or cards, or can be embedded in smart mobile devices. Regardless of the format or technologies, eID’s hold the key to development of a range of on-demand citizen and consumer based applications.

The underlying identification infrastructure, once limited to localized visual and, in some cases, virtual spot checks, is being primed to facilitate global, interoperable, and transactional ecosystems. Applications from the government and commercial sectors such as healthcare, transportation, financial services, telecom, enterprise, and the Internet will rely on shared trust infrastructures that provide secure, proportionate, privacy enhancing eID services. In the near future, this application explosion will enable an unprecedented variety of secure, on-demand citizen and consumer services that enhance the user experience, increase government and commercial revenues, and reduce operational costs.

Acuity Market Intelligence provides Biometrics and eID data driven market analysis grounded in a thorough understanding of technology concepts and processes. As the electronic identity revolution unfolds, Acuity will help vendors, integrators, investors, and policy makers clarify the context and quantify the data that is required to understand this rapidly evolving eID marketplace.

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