Biometrics for Enterprise Applications

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1 Biometrics for Enterprise Applications Doorway to Desktop, Enterprise IT Security, Identify Persons of Interest, Personalized Hospitality/Entertainment, Physical Building Access, and Time and Attendance: Market Analysis and Forecasts Biometrics technologies fit every industry. Regardless of the vertical market, companies have IT systems that require logon, physical facilities with restricted access, or employees who clock-in and clock-out. Biometrics can make all of those processes faster and more secure. The emergence of cloud computing, bring your own device (BYOD), and other scenarios mean that many times, system users are not in a controlled environment. Stolen passwords are more dangerous than ever but biometrics can mitigate that risk. Likewise, biometrics can mitigate physical risks such as stolen or shared building access cards and buddy-punching time clocks. Biometrics can make a difference in just about any industry. The enterprise use cases for biometrics are already understood: for example, system logon, building access, and clocking in. However most have only recently have been attempted with biometrics. Among these use cases, logging on to enterprise IT systems is by far the largest and is often satisfied with an inexpensive software solution or with fingerprint readers, among the most affordable biometrics hardware. Therefore, the horizontal enterprise biometrics market is relatively small compared to industry-specific markets: starting from a base of $183 million in 2015, Tractica forecasts that global enterprise biometrics revenue will reach $1.7 billion by 2024, with cumulative revenue for the 10-year period totaling $7.9 billion at a compound annual growth rate (CAGR) of 28%. Nearly every biometrics vendor has something to offer for these use cases, but most vendors focus on specific industries. With moderate revenues and vendors focused on verticals, it is likely that enterprise use cases will be addressed opportunistically. This Tractica report examines the market for enterprise applications for biometrics horizontally across all industries, including 10-year forecasts for the period from 2015 through The report examines five use cases that can occur in any industry, plus a specialized use case for personalized hospitality and entertainment. The report forecasts revenue, device shipments, and software licensing volumes. Within each world region, market forecasts are further segmented by biometric modality and use case. The report also includes profiles of 37 key industry players in the enterprise biometrics market. Key Market Forecasts Markets: Enterprise Biometrics Revenue by Hardware/ Software, World Markets, Enterprise Biometrics Hardware Device Revenue and Shipments by Region, World Markets: Enterprise Biometrics Software License Revenue and Shipments by Region, World Markets: Enterprise Biometrics Revenue and Shipments by Use Case, Enterprise Biometrics Revenue and Shipments by Modality, Biometric Modalities Iris Recognition Fingerprint Recognition Voice Recognition Speech Recognition Facial Recognition Electrocardiogram Recognition Hand Geometry Finger Vein Imaging Enterprise Use Cases Doorway to Desktop Enterprise IT Security Identify Persons of Interest Physical Building Access Time & Attendance Personalized Hospitality / Entertainment Geographies North America Europe Asia Pacific Latin America Middle East and Africa

2 Table of Contents 1. Executive Summary 1.1. The Enterprise Biometrics Market 1.2. Market Forecast 2. Market Issues 2.1. Market Overview 2.2. Scope of This Report 2.3. Market Drivers Common Drivers of Biometrics in All Industries Harder to Compromise than Passwords Cyber Espionage Cloud Computing Bring Your Own Device Physical Access Improvements Reduced Buddy-Punching Stronger Authentication Enables New Use Cases Unified Access Laptop and Mobile Device Thefts Security Breach Notification Laws Harder to Spoof 2.4. Market Barriers Common Barriers in Biometrics Markets Little or No Metrics to Understand Impact Cultural Divide between IT Security and Physical Security Personalized Hospitality Use Case Is Likely to Remain a Niche 2.5. Key Enterprise Biometrics Use Cases Doorway to Desktop Enterprise IT Security Identify Persons of Interest Personalized Hospitality/Entertainment Physical Building Access Time and Attendance 2.6. Regulatory Issues Personal Data Privacy Laws Protected Health Information Requirements Financial Data Privacy Regulations 3. Technology Issues 3.1. Technology Overview Freedom of Choice Integration into Larger Solutions Technology Differentiators 3.2. Key Biometrics Modalities for Enterprise Use Cases ECG Wristband Eye White Recognition Facial Recognition on Mobile Devices Strong Fingerprint Consumer Device Fingerprint Hand Geometry Standalone Device Iris Recognition Mobile Device Iris Recognition Finger Vein Imaging Speech Recognition Voice Recognition 3.3. Accuracy of Biometric Modalities Enrollment Rates False Reject Rates False Accept Rates Cancelable Identities 3.4. Response Time 4. Key Industry Players M Cogent 4.2. Agnitio 4.3. Auraya 4.4. Aurora Biometrics 4.5. BioAXS Co. Ltd BIO-key International 4.7. Cenmetrix 4.8. Cognitec 4.9. Crossmatch EyeVerify FaceFirst Fujitsu Grabba HID Global (Lumidigm) Hitachi Honeywell Identification International, Inc Integrated Biometrics Innovatrics Iris ID Systems, Inc IriTech, Inc LaserLock M2SYS MorphoTrust NEC Neurotechnology Nuance Qualcomm SecuGen Corporation Sensory SmartMetric SRI International Suprema Synaptics Uniphore VoiceTrust VoiceVault 5. Market Forecasts 5.1. Introduction to Forecasts 5.2. Forecast Methodology and Assumptions 5.3. Total Revenue Forecast 5.4. Hardware Forecasts Revenue and Device Shipments 5.5. Software Forecasts Revenue and Licenses 5.6. Use Case Forecasts Revenue and Devices 5.7. Modality Forecasts Revenue and Devices 5.8. Conclusions and Recommendations 6. Company Directory 7. Acronym and Abbreviation List 8. Table of Contents 9. Table of Charts and Figures 10. Scope of Study, Sources and Methodology, Notes

3 Tables Markets: Cumulative Enterprise Biometrics Revenue by Region, Revenue by Region, Enterprise Biometrics Device Revenue by Region, Cumulative Enterprise Biometrics Device Revenue by Region, Device Revenue by Region, World Markets: Enterprise Biometrics Device Shipments by Region, Cumulative Enterprise Biometrics Device Shipments by Region, Device Shipments by Region, World Markets: Enterprise Biometrics Software Revenue by Region, Cumulative Enterprise Biometrics Software Revenue by Region, Software Revenue by Region, World Markets: Enterprise Biometrics Software Licenses by Region, Cumulative Enterprise Biometrics Software Licenses by Region, Software Licenses by Region, World Markets: Enterprise Biometrics Revenue by Hardware/Software, Enterprise Biometrics Revenue by Use Case, North America: Enterprise Biometrics Revenue by Use Case, Europe: Enterprise Biometrics Revenue by Use Case, Asia Pacific: Enterprise Biometrics Revenue by Use Case, Latin America: Enterprise Biometrics Revenue by Use Case, Middle East and Africa: Enterprise Biometrics Revenue by Use Case, World Markets: Cumulative Enterprise Biometrics Revenue by Use Case, Revenue by Use Case, Case, North America: Case, Europe: Case, Asia Pacific: Case, Latin America: Case, Middle East and Africa: Case, Cumulative Enterprise Biometrics Devices and Licenses by Use Case, Devices and Licenses by Use Case, Enterprise Biometrics Revenue by Modality, North America: Enterprise Biometrics Revenue by Modality, Europe: Enterprise Biometrics Revenue by Modality, Asia Pacific: Enterprise Biometrics Revenue by Modality, Latin America: Enterprise Biometrics Revenue by Modality, Middle East and Africa: Enterprise Biometrics Revenue by Modality, World Markets: Cumulative Enterprise Biometrics Revenue by Modality, Revenue by Modality, North America: Europe: Asia Pacific: Latin America: Middle East and Africa: Cumulative Enterprise Biometrics Devices and Licenses by Modality, Devices and Licenses by Modality,

4 Charts Markets: Cumulative Enterprise Biometrics Revenue by Region, Enterprise Biometrics Revenue by Hardware/Software, Enterprise Biometrics Device Revenue by Region, Enterprise Biometrics Device Shipments by Region, Enterprise Biometrics Software Revenue by Region, Enterprise Biometrics Software Licenses by Region, Enterprise Biometrics Revenue by Use Case, World Markets: Case, Case, IT Security Omitted, World Markets: Enterprise Biometrics Revenue by Modality, World Markets: Enterprise Biometrics Devices and Licenses by Modality, Figures Wristband Used for Point-of-Sale Purchase Eye White Verification App on Mobile Phone Immigration Kiosk Using Hand Geometry at Ben Gurion Airport, Tel Aviv Dark Brown Iris Photographed in the IR Light Spectrum Using Finger Vein Reader to Authenticate to a Laptop Equal Error Rate Compared to False Accept and False Reject Rates Enterprise Biometrics Revenue by Region, $1,800 ($ Millions) $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $- North America Europe Asia Pacific Latin America Middle East and Africa (Source: Tractica)

5 0 Enterprise Biometrics Devices and Licenses by Modality, (Millions) ECG Eye White Recognition Facial Recognition Finger Vein Fingerprint - Industrial Hand Geometry Speech Recognition Voice Recognition Iris Image in Mobile Device Iris Image - Standalone (Source: Tractica) Key Questions Addressed What is the size of the market for enterprise biometrics in each region, and globally? What are the likely biometrics hardware device shipments and revenue for biometrics in the enterprise market? What are the likely biometrics software application licenses and revenue for biometrics in the enterprise market? What are they key market drivers and barriers for the use of biometrics in the enterprise market? Which biometrics hardware devices are likely to see adoption horizontally across industries? What are the key enterprise use cases for biometrics? Report Details Price $3,500 Pages 73 Tables, Charts, and Figures 66 Publication Date 3Q 2015 Who Needs This Report? Biometrics device manufacturers Biometrics application developers Application developers Systems integrators Solutions providers Enterprise biometrics end-user organizations Investor community To Order This Report: Phone: sales@tractica.com