Rise in Identity Thefts Driving the Law Enforcement Biometrics Market in the UK: Technavio Report

Renewable energy

 

London, 24 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Law Enforcement Biometrics Market in the UK 2014-2018, which is expected to grow at a CAGR of 12.08 percent during the forecast period of 2013-2018.

“The use of smartphones coupled with the rise in identity thefts are expected to drive the adoption and use of mobile-based fingerprint recognition and facial recognition systems during the forecast period,” says Faisal Ghaus, Vice President of TechNavio.

“The growing advantages of facial recognition can also lead to these solutions being deployed in smartphones in the future.”

Key Market Drivers

  • Increase in Government Spending on Public Safety
  • Rise in Identity Thefts
  • Need for Border Control and Security
  • Increased Investments Because of Strong Economy

Key Market Trends

  • Emergence of Mobile Biometrics System
  • High Adoption of Multimodal Biometrics
  • Integration of Biometrics in Smart Cards
  • Increased R&D Spending by Vendors

Key Market Vendors

  • 3M Cogent Inc.
  • Cross Match Technologies
  • NEC Corp.
  • Safran SA

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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