By 2022, the global biometric sensor market is expected to reach $1.5 billion. This new technology will soon be incorporated in the government sector, commercial retailers, banks, hospitals and other industries.
Why should you care? Because biometrics will become an everyday part of your life.See by the numbers what the latest trends for biometrics are.
The New Password
The number of people’s private information that was stolen in the multiple data breaches in 2016. The password is proven to be a faulty security method, and different industries including banks, mobile phone manufactures, airlines and more are looking into using biometrics to authenticate and verify people’s identity.
Is the estimated amount researchers believe world healthcare biometrics will reach by 2019. In 2016 the University Health Care System implemented a biometric patient identification platform to prevent negative experiences and complications due to patient misidentification. India is also implementing staff biometric identification among government hospitals. Starting February 15 all doctors and healthcare staff at Rajasthan government hospitals will have mark attendance with biometric verification.
Facial Recognition Security
Is The Homeland Security Advanced Research Projects Administration’s new budget for their biometric database. Under Trump’s new leadership, publications believe that facial recognition will be used to prevent and stop terrorist threats. A portion of this budget will be used to explore facial recognition surveillance methods.
Of U.S. millennials said they would use fingerprints for bank account access, and 25% of UK consumers believe that banks should have higher security measures that better protect user’s finances.
Banks and other industries that are interested in using biometrics for verification and security can depend on Gardevant.
The Gardevant Card is a multimodal biometric card, and no type of purchase is authorized without the authentication of the user’s fingerprint. In addition to biometric verification, the Gardevant Card is encrypted to protect all funds in the case of a security breach.