Biometrics Technology entails the use of Authentication Devices based on various physical characteristics for security purpose
Biometrics Technology Biometrics Technology is used to identify human beings by the pattern of their features. In 2002, the Face Recognition Vendor Test evaluated the effectiveness of face recognition. It is now used to identify individuals in a wide range of situations, including access control, payment processing, and the identification of criminals. For instance, in April 2022, SecureAuth was granted four patents on password-less authentication solutions by the U.S. Patent and Trademark Office (PTO) to provide its behavioral biometrics technology. According to Coherent Market Insights, The global Biometrics Technology Market was valued at US$ 23,311.5 Mn in 2019 and is estimated to reach US$ 1,05,970 Mn by 2027 exhibiting a CAGR of 20.8% between 2020 and 2027. The restaurant industry is already using biometrics technology to identify and track customers. Dallas-based BurgerFi and Malibu Poke have implemented biometric facial recognition systems to identify customers. In...