Asia-Pacific’s biometric market has witnessed immense growth in the past couple of years, and the sector is set to register a remarkable CAGR of 21.56 per cent by 2027. The impetus behind this substantial growth is the growing instances of security breaches that are compelling businesses to improve their security statures. Biometric systems are especially gaining a lot of traction in corporate and government facilities that are seeking to coalesce their digital transformation and security strategies. Furthermore, biometric solutions are also finding applications when integrated with point-of-sale (POS) solutions, helping companies manage their transactions, cash flow, payroll, inventory, and billing.
In the public sector domain, biometric solutions are finding applications in e-passport and e-visa services, where government agencies are using the technology to track illegal migration, along with rising investments in smart city projects in several APAC nations, substantially contributing to the region’s biometric segment.
This edition of Enterprise Security Magazine APAC brings the spotlight on the key developments in APAC’s biometric domain and how companies are leveraging contemporary technologies to mitigate the risks associated with rising security threats. The edition features the Top 10 Biometric Solution Providers in APAC in 2022, such as KT&C and Octatco. These companies offer innovative and highly efficient biometric solutions that help corporates and public sector entities bolster their security competence.
This edition also features thought leadership articles by Felipe Medina, AVP of Information Security Engineering at BankUnited and Mohamad Mahjoub, CISO, VEOLIA sharing their views on how enterprises can bolster their security stature by leveraging contemporary technologies, such as security analytics.
We hope the valuable insights from industry thought leaders and the cutting-edge solutions from the features companies in this edition help you make informed decisions. Let us know your thoughts / write to us about how you are leveraging these biometric solutions in your organizations.