Biometric Capital Partners

b i o m e t r i c   m a r k e t

The market for personalized, biometric access concepts is booming, and the growth figures are high. That’s the consensus of all market researchers. Since 2004 many state-funded large scale biometrics projects were launched, such as passports, visa, law enforcement systems and various forms of access control. Currently world wide roll outs are taking place for European visa enrollment stations, biometric passports, law enforcment systems and access control systems for critical environments. In the near future we will face the development of European and international biometrics based registered traveler programs at major airports and border control systems for all EU member states.
The fast development of this market is characterized by strong dynamics in the industry. Mergers, Acquisitions and IPO’s are taking place at an increased rate.

According to studies conducted by Frost & Sullivan, the worldwide market for biometric access concepts will grow to more than $3.5 billion in 2009, gowing to $6bn by 2010, comparing to approximately $158 million in 2002. Expectations are that the biometrics market is poised for sustained growth through 2020 approaching revenues of $10 billion USD annually, according to Acuity Market Intelligence. These strong figueres, mainly driven by solid procurements and long term contracts from governments around the world, make the biometrics market very attractive for Venture Capitalists and Private Equity Participants.