[0] International Biometric Group Releases Biometric Market Report 2000-2005.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Sept. 5, 2001 Biometric bi·o·met·rics n. (used with a sing. verb) The statistical study of biological phenomena. bi Industry Revenues Projected to Grow from $399 Million in 2000 to $1.9 Billion in 2005 International Biometric Group announces the availability of the Biometric Market Report 2000-2005 (246 pages, 75 charts), a comprehensive analysis of revenues, growth trends, and industry developments in the current and future biometric marketplace. The Report is essential reading for institutions deploying biometric technology, investing in biometric companies, or developing biometric solutions. Selected highlights from Biometric Market Report 2000-2005 and information on purchasing the report are available at www.biometricgroup.com. Among the Report's top level findings are the following: -- Biometric revenues are expected to grow from $399.4 million in 2000 and $523.9 million in 2001 to $1.9 billion in 2005 -- Large-scale public sector biometric usage, currently 70% of the biometric market, will be surpassed by private sector deployments -- Biometrics sales for PC/network access will reach $423 million in 2005 -- The two industry verticals that will adopt biometrics most rapidly are financial services and health care, with revenues increasing at average annual rate of 72% and 56% respectively The Report addresses dozens of questions and provides detailed financial statistics fundamental to understanding the biometric market: -- What factors will drive growth in key verticals such as Financial Services, Health Care, Transportation, and Government? -- What market share will leading biometric technologies - Finger-Scan, Facial-Scan, Iris-Scan, Voice-Scan, Hand-Scan, Signature-Scan, Middleware Software that functions as a conversion or translation layer. It is also a consolidator and integrator. Custom-programmed middleware solutions have been developed for decades to enable one application to communicate with another that either runs on a different platform or comes from a , Keystroke-Scan, and AFIS AFIS Automated Fingerprint Identification System AFIS Aerodrome Flight Information Service AFIS Armed Forces Radio and Television Service AFIS Airborne Flight Information System AFIS Automated Fingerprinting Identification System (Pakistan) -- capture over the next five years? -- What are the projected revenues for biometric applications such as PC/Network Access, Physical Access, Citizen Identification, Retail/Point of Sale, e-Commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. , Surveillance, and Criminal Identification? -- How will developments in the biometric middleware and services market affect industry growth? -- How will revenues be generated in the biometric industry over the next five years? Hardware and packaged software See software package. solutions will comprise a comparatively smaller portion of biometric revenues. Instead, new service models will leverage a burgeoning biometric infrastructure comprised of finger-scan readers, telephones, signature tablets, and video cameras. Today's leading biometric companies will face increased merger and acquisition possibilities, as well as competition from much larger technology firms entering the biometric market. The purchase price for the Report is $3995. About International Biometric Group International Biometric Group is the leading biometric integration and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , addressing the identification and authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. needs of mid to large size organizations. IBG IBG Informatie Beheer Groep (Netherlands) IBG Institute of British Geographers IBG International Biometric Group IBG Interbank GIRO (General Interbank Recurring Order) IBG Inter-Block Gap IBG Interblock Gap works on behalf of both private and government clients to evaluate, design and integrate biometric solutions for Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the applications, public sector programs, network security, point of sale applications, physical access and time & attendance systems. Learn more at www.biometricgroup.com. |
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