Biometric Solution Market Projection

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Worldwide ID Solutions Demand Curves
Demand Curves indicate the relative intensity of market demand for a given class of solutions within a specific market sector over a given period of time. They are not specifically correlated to actual revenue for a given market nor do they indicate relative scale of one market sector to another.

Public Sector
The three key Public Sector Demand Drivers are: 1) Integrated eBorders—the full scope of electronic and automated border control management including travel documents, transportation worker IDs, vehicle access, immigrant Visas and IDs, and expedited passenger systems, 2) eID—includes national and other identity cards, benefits distribution, voter registration, drivers licenses, and other physical and virtual credentials, and 3) eGovernment—fully transactional interactive service delivery for citizens and commercial entities.



Post 9/11, 3/11, 7/7 terrorist fears along with US-VISIT and other international border control requirements have increased demand for integrated eBorders solutions worldwide. The initial demand peak has already begun in Europe and the US and will remain in force through 2013. The subsequent demand curve for eID solutions–which benefits from the systems architected for use in integrated eBorders applications–peaks around 2010. Demand for eGovernment will lag sustaining peak demand around 2017 as the authentication implications of large-scale, transactional eGovernment systems are recognized and solutison implemented. As millions of citizens worldwide rotuinely rely on biometrically enabled identificiaotn to travel, identify themselves in vriaous ways, and interact and transact with local, regional and federal governments daily, human-machine authentication will become an integral aspect of 21st century government.

Commercial
Commercial market demand will revolve around opportunities for 1) Enterprise Security - which includes physical and logical access for employees and third parties (customers, vendors, etc.) as well as credentialing and surveillance, 2) Information Transactions – corporate and personal access to travel, financial and healthcare information, business account, supplier and customer information, as well as IP management for technical, scientific and research firms, and 3) Financial Transactions – consumer, business to business, ATM, and inter-bank transactions. As security threats multiply and various forms of identity theft, fraud, and abuse schemes proliferate, biometrics will offer an extremely cost-effective and truly reliable alternative to more traditional and less secure and convenient forms of authentication.