2016 will be remembered as a prolific year for the biometric industry. More countries have started integrating biometric identification checks for government services including:<\/p>\n
Private companies are also leaping into the world of biometrics. 2016 brought a surge of private investment into the use of biometrics to help:<\/p>\n
At the end of 2016 we can safely say that the biometric industry shows continued strong growth potential and is now, perhaps used more than ever around the globe and well positioned to continue its spread to additional industries in the near future.<\/p>\n
2016 biometric year in review<\/p>\n
Top 5 Biometrics Trends in 2016<\/strong><\/p>\n We identified the top 5 biometric trends for 2016 as follows:<\/p>\n More end users are now seeking to implement multi-factor authentication system as part of their biometric deployments. They realize that multi-factor biometrics are more secure and reliable than a single credential authentication system. Recently technology giant Windows Hello brought multifactor authentication<\/a> to Intel security’s True Key. In addition, a recent report says that multimodal biometrics strengthen mobile security<\/a> and is the best solution for mobile devices.<\/p>\n Implementing biometric systems for security is not a new idea. It continues to be widely used for security purposes in airports, banks, military bases, prisons, and hospitals. The US plans to continue its mission to build border security technology with biometric identity verifications.<\/p>\n Many banks and financial institutions around the world started using biometric authentication to secure transactions and create a concrete audit trail in 2016. Mobile payment authentication through biometric identification is also rapidly increasing in popularity around the globe. To better understand the scale and scope of using biometrics in banking and finance, consider that the Indian Gov\u2019t recently announced an Aadhaar mobile payment app<\/a> . Citibank announced<\/a> that their clients will see more biometric authentication options available this year. Visa also plans to start pushing mobile biometrics for customer authentication.<\/p>\n In an effort to prevent duplicate medical records, medical ID theft, and fraud, and increase patient safety in healthcare, biometric technology is now widely used for accurate patient ID in hospitals across the world. For example, in August of 2016 the University Health Care System implemented the RightPatient\u00ae biometric patient identification<\/a> platform with its Epic electronic health record (EHR). A recent report stated<\/a> that the world healthcare biometrics market will grow to US $5.8 billion by 2019. Furthermore, another report shows that 0.6% of patients experience an adverse event due to misidentification.<\/p>\n The market for biometrics in automobile access systems greatly improved in 2016. In fact, a recent report stated that the biometric vehicle access system market is expected to reach US $854.8 million by 2021<\/a>. Multi-factor authentication is one of the reasons behind this jump in the use of biometrics in vehicle access systems. Another report says that the global automotive biometric vehicle access system market is poised to grow at an impressive CAGR of more than 19% during 2016-2020<\/a>.<\/p>\n In addition to these 2016 trends, we also must mention that the use of biometric identification in workforce management<\/strong> continues to be a vital growth sector. A report by the Biometrics Research Group, Inc<\/a>. says that the demand for biometric applications for labor management, workforce productivity, and time and attendance solutions is growing significantly.<\/p>\n\n
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