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ABI Projects $7.3B in Global Security Biometrics Spending by 2013

Worldwide spending on biometrics for security will go from around $3 billion this year to $7.3 billion by 2013, according to a new report by ABI Research (http://www.abiresearch.com/products/market_research/biometrics). A summary of the reports says that despite increased interest in biometrics following 9/11, the introduction of the technology into the market has taken time. "Over the next five years the effort to create standards for biometrics technologies will be rewarded with a significant growth in biometrics system adoption," says Jonathan Collins,…

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