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Biometric technologies - Statistics & Facts

Biometrics is the measurement and analysis of people's physical characteristics. Since biometric data is unique to each individual, it is often used to identify individuals, giving rise to biometrics authentication as a form of identification and access control – computers are able to search and store such data in seconds to identify, authenticate, and make decisions on whether or not to allow access. As the technology has developed, biometric technology usage is changing from primarily criminal identification to a wide range of everyday tasks, such as unlocking a smartphone. Many different markets of biometric tech exist today, most of which seem to be growing rapidly. The global biometric technologies market is expected to reach 19.08 billion U.S. dollars in 2020, while the contactless biometric technologies market is expected to grow to over eight billion U.S. dollars in size. The technology is used in airports, military applications, businesses, and is becoming increasingly popular among everyday consumers.

Over 75 percent of U.S. consumers have used some sort of biometric technology, ranging from fingerprint scanning and facial recognition to signature dynamics and hand geometry. Businesses are also seeing the security and convenience advantages of utilizing biometric technologies can add to their organization. The finance and technology industries have been particularly quick to adopt the technologies, and as of 2018 are its largest users. When it comes to authentication for organizations, on-site solutions remain the most popular, but as more mobile devices are outfitted with the technology, mobile solutions are becoming important as well. Business are utilizing the technology in a variety of other ways in addition to simply securing mobile devices: 17 percent are using it for their time clock system, 11 percent for server room door locks, and smaller percentages for email usage and applications with sensitive data Apple’s Touch ID and Face ID technologies are the most popular in their respective categories, placing the company firmly at the forefront of the growing industry.

While the technology is helpful in increasing security and convenience in many ways, it does create some new risks. With consumers increasingly worried about data privacy, biometric data only increases this fear. IT professionals view the technology as one of the most secure forms of authentication available, but many still fear the risk of false positives and or compromised identifiers. Overall, biometric technology has established itself as an integral security feature in a world that is becoming more digital every day, and hence requires increasingly advanced methods of securing information.

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Biometric technologies

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