Biometrics: Future Vision
Biometric technologies are already making our lives easier, more convenient and more secure. We’re using facial and voice recognition to log into our smart phones and control our smart homes. It’s helping us become a passwordless society, which is an enormously welcome thing for those of us who can’t remember the all those secret words and special characters, or those who use one password across all accounts and devices (that’s a no-no by the way).
In addition to replacing passwords, the applications of biometrics technology will also help us become a tagless society, thanks to the innovations at BagsID. The same principles of measuring body type, size, shape, color and unique characteristics are being implemented for tracking baggage – which will do away with hundreds of thousands of pounds in waste with current paper/ink and RFID solutions.
The future is exciting. In fact, according to MarketWatch, the global market revenue for biometrics is projected to rise by over 18% annually between now and 2030 (to a whopping $139.6 billion). Here’s what’s in store for in the next few years, driving that trend: