Biometrics can be defined as body measurements and calculations. Biometrics technology is the science of analysing human body characteristics. Biometrics can be used with an automated recognition process as it is measurable behavioural characteristic. It consists of automated methods through which the identity of an individual can be verified.
Biometric technology has grown to the extent of providing greater accuracy. Biometric technology is basically used as a form of authentication. This technology can be used to identify the user as well as to allow or deny the access. There are certain forms in which biometrics can be measured, these are as follows:
6) Hand geometry
Biometric technology is commonly used to provide authentication of users before allowing access to smartphones, tablets and other electronic devices. The use of biometric fingerprint increases the security of these devices. Security benefits is the primary motive behind the increased rate in biometric technology. Security levels are increased due to the use of biometric technology, just because biometric characteristics cannot be stolen, or lost, or an individual other than user cannot enter the biometrics. Therefore, biometrics technology is the most secure form for user authentication.
Biometric technology market can be divided on the basis of type, end user, and geography. The market is divided into two types based on physical and behavioural characteristics. The biometric technology based on behavioural characteristics include signature recognition, voice recognition, middle ware recognition and others. Defence, Government, banking & finance, healthcare, transport are the end-users of the biometric technology industry. Biometrics is also used in the military for authentication purpose and is also termed as military biometrics.
Biometrics has a great scope of expansion in future it can be used as follows:
- Measuring movement – Research work is in progress by scientists on measuring gait i.e. the person’s way of walking.
Biometric authentication has grown in last few years, which has its own superiority to deal with authentication of users.
- Heartbeat – Cardiac defects can be detected by the sound of the heartbeat.
- Typing Recognition – Research is being done on keystroke dynamics, a behavioural biometric that can be used to analyse the speed and the pressure exerted on each key when typing is done.
According to a new study global biometrics technology market is expected to reach USD 59.31 billion by 2025. The increasing use and demand of biometrics technology across various applications has made an ascent of favour the market growth within the next nine years.
Biometrics is also used in consumer electronics increasingly, therefore to raise customer experiences, it is expected to drive the market in upcoming years. Various e-commerce applications may enable secure transactions and new opportunities can be introduced in market by implementation of biometrics technology.
In 2015, transport/logistics emerged as a dominant end-use segment and holed over 27% of the biometrics technology market. Over 38% of the overall industry revenue non-AFIS technology in 2015, was estimated to be a considerable application segment. The use of non-AFIS technology is done to enable authorized access, because of its accuracy and efficiency.
According to the key findings the global market for all biometric technologies market is projected to increase from $14.9 billion (in 2015) to $41.5 billion by 2020. The growth rate of the AFIS and fingerprint technologies segment is projected to rise from $8.8 billion (in 2015) to $24.4 billion by 2020, representing a 22.8% CAGR. The face, vein, iris and voice technology segment are expected to grow from $4.2 billion (in 2015) to $24.4 billion by 2020, representing a 22.8% CAGR.
In various departments of U.S. biometrics technology is used, due to its outstanding level of accuracy and efficiency. The contribution of Asia Pacific region is also expected, remarkably, to the industry growth with the increased rate of the technology in countries such as India, China and Indonesia.