Biometric Market Forecast
Global Biometrics, Mobility, and Identity Industry Leaders Convene as Mobile Transactions Surge Towards $1 Trillion in Annual ValueBiometrics UnPlugged: Mobility Rules, a first-of-its-kind Executive Forum organized by Acuity Market Intelligence and findBIOMETRICS, gathers experts from around the globe for a highly interactive forum on biometrics as a strategic enabler of the mobile revolution and cloud-based identity.
Global Market for National eID Programs to Reach $11 Billion Annually by 2013 Europe has the Highest National eID Country Adoption Rate, While Asia Dominates the National eID Market in Volume and Revenue Share
Asia Pacific to Issue Nearly 55 Million EPassports Annually by 2014 Twenty-Six Asia Pacific Nations will Issue EPassports by 2014 Accounting for 84% of the Region's Total Passport Issuance and 42% of EPassports Issued Globally
Asia-Pacific ePPs & eVisa Revenues Asia Pacific Dominates Global ePassport & eVisa Market With $4.2 Billion Annual Revenues by 2014 at a CAGR of 47%
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Worldwide ID Value Chain Solutions Forecast
The Value Chain Market Sizing graph indicates the relative revenue for each of the biometric-based ID value chain components. Each component of the value chain incorporates its predecessors. So, for example, the revenue for an Application/Point Solution would include the revenue for Technical Integrated Solution.
The graph illustrates the relatively small percent of revenue generated by biometric core technology relative to the other components of the overall value chain. Ultimately biometrics technology will generate little revenue and be subject to the type or market dynamics that exist in the PC marketplace where margins on core technology—hardware and software—are razor thin and sustained market success is based on developing, deploying and supporting solutions.