BCC Research provides an in-depth analysis of the global biometric technologies market through its report Biometrics: Technologies and Global Markets. According to the report, this market is expected to reach $8.7 billion in 2013 and increase to nearly $11.2 billion by 2014.

Biometric technologies are becoming the foundation for an extensive array of highly secure identification and personal verification solutions. A rapidly evolving technology widely used in forensics for criminal identification and in prison security, biometrics is quickly finding widespread application in a range of industries, including medicine, science, robotics, engineering, manufacturing, and all areas of vertical enterprise businesses. Technological advances, consumer and commercial acceptance and demand of the technology, as well as significant cost reductions across the industry will drive tremendous growth in this market for the foreseeable future.

This report studies the global as well as regional markets for biometric technologies and devices, with a view to locate newer markets and to expand the present application market for various types of biometric devices. Researchers believe they have made realistic forecasts for the future market for different types of biometric technologies and devices. These biometric technologies and products are studied, with attention to their value globally, as well as in different regions, during the last three years and forecasted for the next five years. The application for each type of biometric technology is discussed in detail with a view to establishing global as well as regional usage. A future forecast has been made for such applications.

The report also studies the product life cycle and technology life cycle of various types of biometric devices and the methods employed by different manufacturers and users in maintaining ecological balance. Several types of new and recently developed biometric technologies are becoming more popular in various applications. These are also studied. Finally, the report profiles the major manufacturers and suppliers of biometric devices. The mergers and acquisitions in this field are also studied and discussed.