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U.S. Biometric Network Authentication MarketsPublished by: Frost & Sullivan Published: Mar. 19, 2004 Table of Contents1 EXECUTIVE SUMMARY
AbstractConvincing End Users of Cost Savings and ROI May Combat High-priced Hardware PeripheralsPrice sensitivity has constantly challenged the software market reaching magnified proportions in the biometrics market where the software operates in conjunction with essential but expensive hardware devices. Costs reaching up to $170 for fingerprint scanners and going in excess of $200 for iris scanning cameras are prohibitive for end-user companies with restricted IT budgets. Hence, biometric software vendors must compete for IT budgets where funds are primarily allocated by end users for critical external security solutions such as antivirus and firewalls that provide tangible benefits. As an internal security solution, biometric software vendors are challenged to quantify benefits, ROI, and cost savings. Real-time case studies that educate end-users regarding the advantages of replacing conventional "password-based" security solutions with single sign-on (SSO) biometric authentication solutions may be a successful strategy. Such a replacement allows organizations to downsize IT personnel and achieve significant annual cost savings of approximately $65,000 required for each IT support staff. The planned integration of biometric software with future versions of Microsoft Windows is also expected to ease costs and catalyze the adoption process. This Frost & Sullivan research analyzes the biometric network authentication market in the United States and provides a comprehensive coverage of leading technologies such as fingerprint and iris scanning software. Analysis of key market drivers and challenges coupled with strategic recommendations, enables market participants to strategize on their business growth plans. Pricing, demand, and revenue trends allow participants to explore emerging opportunities and the latest developments in this market. Single Sign-on Solutions to Popularize Biometrics and Ease the Authentication Process The emergence of numerous enterprise applications makes password management a complex and frustrating task for end users, often resulting in compromised security. Password-based solutions require renewal every 60 to 90 days and remembering multiple usernames and passwords also becomes difficult for users. End-users are adopting the biometric SSO solution to remove loopholes in security procedures. "SSO ensures greater security through a single username and password that is stored and automatically retrieved for immediate network access," explains the analyst. "It also increases productivity with the elimination of repetitive physical entry of usernames and passwords," the analyst adds. Biometrics - An Ideal Solution to Counter Identity Theft Biometric network authentication uses physical traits or behavioral characteristics for reliable identity authentication and thereby effectively tackles identity theft that has evolved into a chronic problem in the U.S. ATM machines, port-of-entry scans for U.S. immigration, driver’s licenses, and credit card applications are expected to benefit from biometric authentication. "In most biometric authentications, end users must submit to a biometric scan on a networked application in order to complete a transaction and provide an audit trail that cannot be repudiated," says the analyst.
Technology advances in iris scanning and fingerprint sensors facilitate faster, simplified, accurate, and non-intrusive authentication procedures. For example, direct positioning of the eye with iris scanning cameras has been eliminated and a reasonable distance from the camera can automatically locate the eye for scanning. Also, replacement of optical fingerprint sensors with silicon-based scanners that use ultrasound reduces the incidence of false identifications.
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