LONDON--(BUSINESS WIRE)--TechNavio, a tech-focused research firm has published a new report on the Biometrics Market in the APAC Region, which is expected to post a CAGR of 20.5 percent from 2015-2019.
The rise in the number of terrorist threats in the APAC region has increased the need for public safety. In response, governments have started providing e-passports to individuals to enhance security infrastructure, boost public safety, and prevent the loss of confidential data.
The latest report by TechNavio emphasizes the growing adoption of multimodal biometrics, which use more than one behavioral or physiological characteristic for the verification or identification of an individual. This helps improve the security features of the solution to a great extent.
“Multimodal biometrics help meet stringent security requirements and significantly increase accuracy of identification,” says Faisal Ghaus, Vice President of TechNavio.
With multimodal biometrics, a secondary means of enrollment and verification or identification is also possible in case inadequate data is taken from a given biometric sample.
“Airports have started collecting more fingerprint and iris information as part of national ID programs, and vendors offering multimodal biometrics in the APAC region have also increased considerably in order to meet demand.”
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TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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