Frost & Sullivan

Frost & Sullivan Finds Vast Potential for Biometrics Industry in APAC

Published in Healthcare Finance, Tax and Law Weekly, March 17th, 2010

The beginning of 2009 had many worried about how the biometrics industry was going to perform in the wake of the economic recession. As expected, there were a few cancellations and delays in biometric related projects, primarily due to budget cutbacks.

According to Frost & Sullivan Asia Pacific Senior Research Analyst of Smart Cards and AutoID Navin Rajendra, 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."

Voice biometrics, which...

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Source: Healthcare Finance, Tax and Law Weekly (2010-03-17)

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