Description

As the global biometrics industry enters a new phase technological development, vendors must be able to demonstrate the types of tasks that their solutions can help businesses accomplish through the use of biometric scans. For solutions that fall under the biometric verification category, the aim is to make the task of verifying a user's identity simple and efficient, where a scanned biometric image is matched to either a single stored profile or to a specific profile held within a broader identity database. Efficiency and user experience are paramount to vendors seeking to accomplish verification tasks, all while ensuring that the matching process and any biometric data collected during verification remain secure, anonymized, and logged within the organization’s identity security practices.

In the biometrics industry, vendors can pair authentication and verification tasks within the same solution. However, for this analysis, Frost & Sullivan included vendors that focus mainly on the ongoing verification of users. The vendors profiled here were selected at the analyst team’s discretion regarding the key functions of a verification solution.

The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.