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Biometric technology industry: Trend of innovation arrives, implementation for national security gains importance

May 17, 2019 / Ashutosh Sable

Advances in biometric technology have transformed the conventional ways of identification and verification. Innovation has become a prime focal point for reducing the efforts of people with new ways for verification and ensuring the security. From voice biometric technology used for telephone banking to approval of new patent for Apple’s acoustic imaging system, innovation has gained traction with development of new ways for verification. Moreover, an airport in India will get face scanners that would eliminate the need to print a boarding pass. The Philippines government has acquired a fingerprint biometric technology for conducting elections in safe and fair manner. The market for biometric technology experienced a huge boost with the trend of innovation and deployment in security purposes. According to the research firm Allied Market Research, the global biometric technology market is expected to reach $10.72 billion by 2022.