Present biometric advances have led to numerous technical developments, and their effects are poised to influence how organisations conduct their business operations. They are widely used in schools, colleges, businesses, and governmental buildings in Europe as they are reliable, accurate, and difficult to forge. In terms of applications, the potential for biometric technology is limitless and leans toward better data security as it is used to establish an audit trail and boost accountability against internal threats. Applications of biometrics are expanding in the military and defence sector in European nations due to the growing security concerns, assisting in tracing criminal activity and streamlining access control in sensitive departments.
Furthermore, the widespread digitisation of numerous services and products across various industries and increased security breaches is driving the market growth. The coronavirus disease (COVID-19) outbreak is propelling the demand for contactless biometric solutions in temperature detection and access control systems, significantly impacting the market growth. In 2021, the European biometrics market had a value of 7.8 billion USD. The market will grow at a compound annual growth rate (CAGR) of 16.8 per cent from 2022 to 2027, reaching US 20.0 billion dollars.
This edition of enterprise security highlights the key developments in the European biometric industry and how biometric companies are leveraging the latest technologies and market expertise to authenticate someone’s identity. It features a combination of thought leadership articles Dimitar Mutafchiev, Data Protection Officer/Head of Data Protection Section, DSK Bank, and Aleksander Radosavljevi, Global Chief Information Security Officer, STADA Group [FWB: SAZ], with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. This edition brings you the stories of some of the most successful Biometric Solution Providers in Europe in 2022, like Incode, that reinvents how humans verify and authenticate their identity through a simple, secure, and fast AI-based platform.
We hope this edition empowers you to find the right biometric solution provider and leads you into the future fully equipped. We present to you the Top 10 Biometric Solutions Providers in Europe – 2022.
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