Mumbai, July 03, 2007 : The world is increasingly becoming security conscious on account of the constant threats, transaction frauds  and security breaches faced by it. The governments and financial institutions all over the world  have began to adopt biometric technology to safeguard their interests which is an automated recognition technique of individuals based on their behavior and biological characteristics. According to International Biometric Group (IBG), in 2006, the total global biometrics market was shared by the following sectors: Fingerprint Identification 44%, Facial Recognition 19%, Hand Geometry 9%, Iris Recognition 7%, Voice Verification 4%, Signature Verification 2%, Multi-modal Verification 4% and Middleware 11%.

Bharat Book Bureau ( www.bharatbook.com ), a leading market information aggregator has put forth a report "Global Biometric Market - New Opportunities (2007 - 2010)" (http://www.bharatbook.com/detail.asp?id=50061) which analyses the market scene, the factors driving the change in this market along with the upwards trends of the industry.

Currently, various biometrics technologies such as DNA residue, voice recognition, hand morphology, dynamic signature, iris recognition, face recognition, fingerprints, etc. are being tried and adopted world over. The figures projected are from US$3.01b in 2007 to US$7.41b in 2012, driven by government identity management programs and private-sector initiatives such as Consumer ID. Fingerprint identification, face recognition, iris recognition are also expected to substantially especially iris recognition revenues will reach US$400m by 2010.

Its major areas of application include financial institutions, government agencies related to defense, aviation and border security, Banking & Financial Services, Health Care Industry, Aviation Industry, Stock Exchanges, Universities and Schools, Police Business Processes, Residential Locations, Government Organizations and Credit Monitoring Organizations. Biometrics will have an important role to play in the future as the technology continues to be used as a second form of authentication for online authentication, ATMs, and in devices such as PCs, laptops and cellular phones.

This report "Global Biometric Market - New Opportunities (2007 - 2010)" provides an extensive research and objective analysis of the global biometric technology, the opportunities at global and country level which could be successful. The major areas detailed are the present biometric technologies used, areas of growth of the industry at a global level, the major drivers and challenges for the industry and its future application.

A detailed research overview of the key players of the  industry  viz Entrust, Inc, Identix Incorporated, L-1 Identity Solutions, Bioscrypt Inc., Daon Inc., BIO-key International, Inc., AuthenTec, Inc, NEXUS Group International Inc., International Biometric Group, LLC, Wherify Wireless, Inc, HID Corporation, Cognitec Systems GmbH, Biometrics 2000 Corporation, Biometrics Access Company, Acsys, Biometrics Corporation, Lau Technologies, Biometric Security Card Incorporated etc has been provided in the report. The information has been collected from a vast and reliable databases whereas their analysis has been done through authentic statistical methods for the accuracy and realistic results. The details are accompanied by facts and figures both in text format as well as in tabular format for better understanding of the industry. A series of figures too accompany the report for  presenting a clear picture of the biometric industry.

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