Military Biometrics Market - Growth, Trends and Forecast (2019 - 2024)
The military biometrics market is estimated to grow at a CAGR of over 4% during the forecast period (2019 - 2024).
Biometrics refers to the measurement as well as the statistical analysis of an individual's unique physical and behavioral characteristics. Moreover, a biometric identification authenticates the secure entry, data or access via human biological information such as DNA or fingerprints. The report also covers the analysis of different types of biometric recognition such as Fingerprint Recognition, Facial Recognition, Iris Recognition, and Other Recognition Type. Vein recognition, voice recognition as well as palm recognition have been included in Other Recognition type.
Iris Recognition is Anticipated to Register the Highest CAGR During the Forecast Period
Currently, Iris Recognition has the highest share of all the segments. Various ongoing developments shall lead to the growth of iris recognition in the coming years. Iris recognition is the process of making use of visible and near-infrared light in order to take a high-contrast photograph of the iris of a person. Making use of iris recognition shall help law enforcement users to confirm the identity of a suspect by matching their iris scan results against a stored database of suspect images. Various advantages of iris recognition such as fast and accurate recognition, the possibility of recognition during the dark shall lead to iris recognition being increasingly used in the near future. The necessity of biometric applications have increased in recent years and the coming years shall lead to military worldwide widely adopting iris recognition. Likewise, in recent years, the usage of iris recognition has been widely adopted by the US military in Iraq and Afghanistan for identifying and authorizing the entrance of selected personnel in military facilities. For example, the IriShield USB BK 2121U developed by Fulcrum Biometrics company is a dual iris capture camera. The camera is powered via USB port and can be used with PCs and laptops, which run Microsoft Windows OS. The binocular-shaped camera system makes it possible to capture the image of an individual's iris from a long distance. Thus, upcoming developments shall increase the focus on this segment, and this shall be the reason for its expected high CAGR.
North America is expected to witness the highest growth
In the military biometrics market, North America shall experience the highest growth. The region of North America is witnessing increasing developments in terms of military biometrics. The US military is also heavily investing for the development of a biometric identification system which shall be able to replace traditional password for web users. Additionally, the US military has also signed a deal with West Point for the development of cognitive fingerprints which makes use of behavioral traits and not fingerprints to determine the identity of the individual. Biometric Enabled Intelligence or BEI is now the major trend which is being followed by the US military. The Electronic Warfare & Sensors division of the US Army is developing a new biometric data collection which shall be used by the soldiers on the field. The newer system, known as "Next Generation Biometric Collection" is in a developmental process and shall feature face scanning in the updated version. The system shall also be compact and lightweight thus making it easier to use. Additionally, the US is also in the process of developing DNA as well as voice biometric technologies for the military. Currently, the US is in plans to replace their current biometric technologies and upgrade to newer and advanced biometric technologies. Likewise, newer and advanced biometric technologies shall lead to the US army which shall help them to identify individuals both close and at distant. Thus, various ongoing developments in terms of military biometrics shall lead to its growth in North America in the near future.
Crossmatch Technologies, Inc., M2SYS Technology, Aware Inc., Fulcrum Biometrics LLC, and Leidos Holdings Inc. are some of the prominent players in the market. Various initiatives, as well as product innovations, which are being done by companies, have led them to strengthen their presence in the market. In 2017, Crossmatch Technologies, Inc. which is a recognized company globally in terms of biometric identity management and secure authentic solutions was awarded a contract of USD 5.8 million by Intelligence Advanced Research Projects Activity (IARPA) in order to develop next-generation Presentation Attack Detection (PAD) technologies for IARPA's Thor program. The Thor program aims to develop reliable PAD technologies in order to prevent biometric breaches.