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    News in brief

    Global biometrics market to hit $14.9bn by 2024

    News in brief

    The global biometrics market will increase from US$2bn in 2015 to $14.9bn by 2024, with cumulative revenue for the 10-year period reaching $67.8bn, market intelligence firm Tractica forecasts. “Biometric modalities that are likely to generate the most revenue include fingerprint, iris image and voice recognition,” the company says. “Key use cases include consumer device authentication, mobile banking, ATMs, government IT systems, POS transactions, pharmacy dispensing and wearable device authentication.”

    Filed by Email Rian Boden nfcworld.com Published • Last updated 15 May 2015, 12:32

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