Smart City Growth Creates Biometrics Opportunity
Note: This article was originally published in Biometric Update. Dr Venkatachalam Anbumozhi was quoted.
Smart city development is a growing market, especially within the realm of security, innovation and public health. Biometrics are due to play a key role; the global access control market alone, which largely includes biometric technology for smart cities, is projected to grow from USD 8.6 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 8.2%, according to MarketsandMarkets.
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