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Biometrics Increasing by Goode Intelligence

  • Author:zz
  • Source:zz
  • Release on:2016-11-16

Biometric and Financial industry analyst Alan Goode of Goode fingerprint biometric time attendance management system Intelligence projects that fingerprint sensing will be the most commonly used biometric identifier within the next several years. Frost & Sullivan analyst Ram web based biometric time attendance system Ravi says palm reading and facial-identification biometrics are all experiencing rapid market expansion. Several industry predictions state that the next-generation biometric market, including face, fingerprint, iris/retina, voice, vein, signature, palm-print, and DNA recognition.

Banking and payments industries are increasingly turning Largest Fingerprint Capacity Attendance to biometrics, which has led to significant growth projections: 114 percent from 2012 to 2015, when biometric revenue is forecast to reach $15 billion, and an additional 57 percent through 2020, when the market will be worth $23.54 billion.