Acuity also projects that more than 650 million, or 80% of the world's passports are now ePassports with 826 million or 92% of global passports in circulation incorporating RFID chips and biometrics by 2020. In addition, more than 611 million National eIDs will be issued globally this year with this number growing to 786 issued annually million by 2020.
"The proliferation of biometric devices for consumer, enterprise, and civil use, the explosive growth of biometrically enabled transactions, and the global consensus that passwords and tokens have become dangerously obsolete have created an unstoppable force for change," says Maxine Most, Acuity Market Intelligence Principal. "These forces are not only transforming e and m-commerce and on and off-line payments, but enterprise physical and logical access control, home security, border control, the Internet of Things, and civil identity programs as well."
Ms. Most shares her insight and Acuity's wealth of market data during a talk at Ideco Biometrics' "The Future of Who I Am" event in Cape Town South Africa on July 22, 2016. Ideco is Africa's leading supplier of next generation biometrics.
Acuity's extensive research, insight, and analysis on biometrics, mobility, and identity can be found at www.acuity-mi.com. Preview and purchase research on Biometrics and Mobility, Biometric Smartphones, Automated Border Control, Automated eGates and Passport Control Kiosks, National IDs, ePassports, and more at http://www.acuity-mi.com/Research_Reports.php
About Acuity Market Intelligence Acuity Market Intelligence (http://www.acuity-mi.com) is an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometric and electronic identity (eID) market trends.
Contact: Acuity Market Intelligence +1 303 449 1897
SOURCE Acuity Market Intelligence