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Biometrics and Banking

  • Author:zz
  • Source:zz
  • Release on :2017-03-28

This report by Biometrics Research Group, Inc. provides an updated overview and market synopsis of biometrics for the global financial sector.
Biometrics Research Group, Inc. believes that the financial services sector has emerged as a primary end-user market for biometrics technology worldwide. By the end of 2016, we believe that revenue will continue to increase to US$2.2 billion and we further estimate that the financial biometrics market will eventually account for almost a third of total biometrics market revenues globally by 2020. Biometrics Research Group also projects that the market will grow at a compound annual growth rate (CAGR) of more than 50 percent from 2016 to 2020.