Biometrics industry shines despite economic woes

 

The 2009 economic recession cast a cloud over the biometrics industry as analysts wondered how it would fare in a climate of cutbacks. According to Navin Rajendra, Frost & Sullivan Asia Pacific Senior Research analyst of Smart Cards and AutoID, many smaller vendors saw a drastic reduction in their revenues in the first half of 2009.

“In spite of this, the biometrics industry still saw a healthy growth especially in the government vertical with numerous national ID card projects being thrown into the limelight,” he says.

Voice biometrics, which has always been in the shadow of physiological biometrics showed promise in 2009 with banks in Asia and Europe testing voice biometrics for banking verification. There is room for improvement in making the technology more accurate, but biometric participants have plenty of promise for the coming years.

Fingerprint biometrics has always been the most widely used type of biometric recognition with more that 70 percent of the biometrics revenues in the Asia Pacific region attributed to fingerprint recognition.

“We can see, however, that this share will reduce gradually in the coming years especially with other biometric technologies like palm vein and hand geometry becoming more feasible and prevalent. Contactless palm vein biometrics was primarily introduced in the APAC region as many people were not comfortable with touching a scanner that had been touched by a number of other individuals,” says Rajendra.

He continues, “Through the introduction of contactless palm scanners, biometric technology was readily accepted in countries like Japan and South Korea. More than this, other regions started employing the technology because of its advantages for applications where a contactless medium was required. Hospitals in the United States also began employing contactless palm vein scanner as it allowed individuals to have their palms scanned and verified without any physical contact whilst maintaining a sterile environment.”

In terms of industry trends, Rajendra notes that the integration of various biometrics into one single unit for more accurate authentication has been becoming common in the last few years.

“Many vendors in the APAC region are focusing in providing multi modal biometrics that would be able to provide an even higher level of security. More and above this, vendors have been able to penetrate more applications through the integration of biometrics with smart cards,” he says.

He continues, “With the integration of biometrics and smart card, biometric verification can take place on the chip in the card in real time without the need for any online verification, cutting down costs. There are many smart cards integrated with biometrics being implemented for government IDs, border control, banking and rural banking.”

Looking at the immediate future, Rajendra finds that there will not be a significant decrease in the biometric systems, but rather there will be a better product offering for the same price.

“With improvement in scan rates and new analytical software being introduced in the market, biometrics is no longer being marketed for the sole purpose of security but rather as a tool to gather and assimilate information that would help in the management of an organization. As different types of security are being employed in a single building, system integrators have also ensured that the biometric systems are interoperable with other security systems to bring about a seamless operation,” he says.

The APAC region presents itself with a favourable climate for the large scale deployment of biometrics as the region offers the highest population by density as well as by the sheer number. With issues such as rising cost, companies looking at proper management, security threats and so on, the biometrics industry has a vast potential in the APAC region.