Market for biometrics: turnover of 1 billion Euros by 2015 in Europe
There seems to be no crisis in the market for biometrics in Europe, says Information Week. Market researchers expect an average growth rate of more than 25 per cent every year for the upcoming five years. Especially the convergence of physical and logical admission controls is advancing, says the report. According to Information Week, even in 2009 the market for biometric products succeeded to grow in Europe and reached a turnover of more than 216 millions Euro. Frost & Sullivan recently published their study on the »EMEA Biometrics Market«: By 2015, they expect a turnover of one billion Euros with biometrical solutions in Europe.