August 11, 2022

Europe increases spending on biometric technology by 20%

The rise of the hybrid and even remote workplace is clearly driving biometrics around the world. IDC expects enterprise spending on this technology in Europe to reach $3.3 billion this year. An amount that will increase to $6,100 million in 2026.

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There is a pressing need for European companies—indeed, the tone is global—to improve their employee experiences and innovate in job performance from anywhere with the rise of hybrid models (a mix of teleworking and facials). . -face to face in the office) driving these Organizations increasingly investing in biometric technology solutionsaccording to the report European Human Growth Forecast, 2021-2026prepared by the analysis firm IDC,

The study concludes that European companies will spend $3.3 billion on biometrics this year in 2022That is, 20% more than in 2021. The firm expects this investment continue at a rate of 20% per annum until 2026, so that that year the figure is $6,100 million,

What biometric technologies will European companies focus on?

The document indicates that the majority of . will use the technologies of Fingerprint, face and voice recognition, which will remain the most widespread form of authentication and identification. A limited number of organizations will use gait analysis, keystroke dynamics, hand geometry, or iris/eye scanning for specific environments.

“The job situation is changing and a focus on biometric solutions that foster innovation, employee experience and facility security will be critical to ensuring the smooth operation of European businesses,” he says. andrea minone, Director of Research and Head of Human Enhancement Research at IDC. The expert believes the pandemic and the war between Russia and Ukraine have stoked security concerns and shown how biometrics can “provide extraordinary results and have a positive impact on companies and society.”

About 60% of companies in the old continent will use biometrics in 2023

The study concludes that, despite the fact that biometric solutions face a number of challenges such as privacy, security and bias, 59% of European companies will use biometric solutions in 2023, as consulted by managers to expand the document .

The study says that companies use this technology Strengthen security and manage employees automaticallyIDC says that facility access control, employee authentication for data access, and employee time and attendance management, will be the most popular biometric use cases. Finance with most investments to address cyber security, physical security, and regulatory compliance Will lead to expected adoption.

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