Frost & Sullivan, a global growth consulting company, has released a new report titled North American Biometrics Market that details technology development, competition and distribution trend analysis for different modes of biometrics such as fingerprint, face recognition, iris recognition, hand geometry, voice verification and signature verification. Each mode has revenue forecasted within the report as well.
Other aspects of the report detail areas such as challenges the industry is facing or expected to face. Among these include a stigma on fingerprint biometrics that attaches them to criminal fingerprint collection by police personnel, pricing on technologies such as iris and face recognition, hygiene issues regarding touch-based biometric scanners and a lack of correctly addressing end-user needs.
The report, however, also addresses aspects that are currently driving the market growth including government initiatives and regulatory activities.