The group also points to the healthcare industry as one of the most promising sectors for adoption of biometric authentication. A recent report by analyst firm Tractica estimates that the global market for biometric authentication for personal devices will hit $250m in 2015; the firm also expects that value to increase to $3.5bn by 2024. The rise of biometrics is a major shift from traditional security measures such as passwords, which are still used on most online services and websites.
A recent report by analyst firm Tractica estimates that the global market for biometric authentication for personal devices will hit $250m in 2015; the firm also expects that value to increase to $3.5bn by 2024. The rise of biometrics is a major shift from traditional security measures such as passwords, which are still used on most online services and websites.