‘Africa’, the Untapped Region in Global Biometrics Market – 6Wresearch

6Wresearch announces the release of exhaustive and detailed “Global Biometrics Market (2014-2020)” report covering technologies, regions, countries and applications. The report estimates and

forecast market by technologies such as Fingerprint, Face, IRIS, Hand/ Palm-Print, Voice, Vein, Keystroke Dynamics, DNA, GAIT and Multimodal biometrics. The report consist regions such as

North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa and further has been

divided into countries including Canada, United States, Brazil, Mexico, Argentina, Colombia, Germany, United Kingdom, France, Italy, Spain, Russia, China, India, Japan, South Korea, Indonesia, Australia, Saudi Arabia, UAE, Turkey, Israel, Egypt, South Africa and Nigeria. The

report also segregates market into time & attendance systems, access control systems and identity solutions based biometric systems by various technologies.

Africa’s biometrics market is in the nascent stage. Lack of awareness and lower security & IT

spending are the key factors that have restricted the adoption of biometrics devices in the African

region. Countries such as South Africa and Nigeria are the key revenue generating countries in

African biometrics market.

South Africa biometrics market growth is buoyed by several factors such as government’s initiation for

biometric based projects, increasing government spending and IT security markets. Additionally,

increasing crimes rates in the country have also driven the need for biometric systems in the country.

South Africa’s IT spending is estimated to reach $11.4 billion in 2014, growing at over 10%, which is

expected to spur the market for biometrics technologies in commercial application specially. In South

Africa’s biometrics market, fingerprint biometrics technology leads and is expected to maintain its

dominance in the overall market.

In the forecast period, the share of African region is expected to increase on account of increasing IT

security spending, government investments and growing demand for low price fingerprint biometrics

systems. South Africa, Nigeria and Algeria would be the major countries procuring fingerprint

biometrics systems for various applications. In addition, government & transportation application is

exhibited as major revenue generating application owing to introduction of national ID and biometrics

based passports.

According to 6Wresearch, Global Biometrics Market is projected to reach $21.9 billion by 2020.

Fingerprint biometrics technology based systems have generated significant revenues owing to low

cost and ease of usage. However, in the forecast period, share of fingerprint biometrics technology is

expected to decline due to growth of face, iris, vein and multi-modal biometrics systems. Need for

higher accuracy and reliability has resulted into the adoption of these biometrics technologies.

Amongst all applications, government & transportation application has captured major share of pie in

overall global biometrics market. Increasing national ID projects, e-passports & visas, biometrics

technology enabled driving license, and several other government projects across the globe have led

for this application dominance. Consumer electronics application is the fastest growing application in

the global biometrics market. Increasing penetration of smart devices such as smartphones and tablet

PCs in the global market is witnessed as major driving factor, where biometrics technologies

especially fingerprint is used for authenticating the individuals over these devices to restrict unwanted

access. Also, fingerprint biometrics technology in smart devices would be used to verify individuals at

payment gateways in financial transactions.

The key companies in global biometrics market include- Morpho Safran, 3M Cogent, NEC, Suprema,

Nuance, Hitachi, Crossmatch Technologies, Iris ID, ZK Technologies and others.