MarketsandMarkets: Global Next Generation Biometric Technologies Market worth $13.89 Billion by 2017

MarketsandMarkets: Global Next Generation Biometric Technologies Market worth $13.89 Billion by 2017 PR Newswire DALLAS, June 20, 2012 DALLAS, June 20, 2012 /PRNewswire/ -- According to a new market research report "Next Generation Biometric Technologies Market - Global Forecast & Analysis (2012 - 2017)" published by MarketsandMarkets (http://www.marketsandmarkets.com), the total biometric technologies market is expected to reach $13.89 billion by 2017, at a CAGR of 18.7%. Browse 148 tables spread through 315 pages and in-depth TOC on "Next Generation Biometric Technologies Market -Global Forecast & Analysis (2012 -2017)". http://www.marketsandmarkets.com/Market-Reports/next-generation- biometric-technologies-market-697.html Early buyers will receive 10% customization on reports. "Biometric" implies the identification or authentication of humans by their traits such as face, fingerprint, voice, iris, palm, DNA, and signature. Biometric authentication has become the most important part of security due to increase in unauthorized immigration, visa frauds, border intrusion, etc. It has increasingly getting deployed at all the security checkpoints of airports, stations, commercial complex, retail malls, etc. Biometric technology provides accurate authentication and negligible margin of duplicity or error. The 2002 film Minority Report features extensive use of casual Iris/Retina scanning techniques for both personal Identification and Point Of Sale transaction purposes.