The Contactless Biometrics Market is set to rise from USD 19.12 Billion in 2023 to USD 70.48 Billion by 2032, driven by security concerns and technological innovations. Key players include Aware and NEC Corporation. The sector is segmented by technology and application, with North America leading in market share while Asia Pacific shows rapid growth….
Innovatrics’ updated algorithm for latent fingerprint identification has achieved rank 1 in the NIST ELFT, recording a 98.2% hit rate. It excelled in the FBI-provided dataset, demonstrating low FNIR and FPIR rates. The algorithm also delivered top accuracy against the DoD’s largest dataset. Matus Kapusta praised the achievement as a testament to Innovatrics’ commitment to…
Innovatrics has achieved tenth place in the NIST FRTE 1:N ranking for facial recognition algorithms, particularly excelling in border control applications. This position places Innovatrics among the top three providers of Automated Biometric Identification Systems, trailing NEC and Idemia. The leaderboard showcases both established and new companies, indicating a competitive and evolving biometric technology market….
