Working in a competitive industry demands that you become a data-driven organization. As a technology solution provider, effectively leveraging data can unlock significant advantages, such as driving market expansion and fostering innovation. Unfortunately, all too many companies lack an analytical approach to decision-making.
The eIDAS 2.0 regulation set a target for the upcoming European Union (EU) Digital Identity (EUDI) wallet to be available to 80% of EU citizens by 2030. While ABI Research doesn’t anticipate the European Commission’s target being met, there's significant momentum building for the borderless wallet. Since mid-2023, there have been a number of large-scale pilot projects across the continent testing the digital wallet in select EU countries. The wallet’s upcoming launch is a pivotal part of the EU’s digitalization ambitions, providing a digital version of physical ID documents. The primary goal of EUDI is to provide a consistent Electronic Identity (eID) wallet that unifies all personal documentation and simplifies life for EU citizens.
If you’re running a business, you can’t put a price on security. Customers have become accustomed to assuming the personal information they share with you is safe and secure. If your company suffers a data breach, your customers will hear about it and turn to your competitors. In the financial sector, this fact is amplified because customers trust banks the most with their data. Banking, Financial Services, and Insurance (BFSI) businesses are increasingly adopting biometric technologies to curb the ever-present cyberthreat. The advantage of biometrics in banking is that it adds a form of identity management that is not easily faked. After all, everyone has unique fingerprints, facial geometry, and even voice.
Market research goes hand-in-hand with maximizing profits at a business enterprise. Whether you’re a vendor or an enterprise implementer of a new technology, in-depth, data-backed intelligence can safely guide your organization toward sustained success. Technology research deliverables identify potential roadblocks and lucrative revenue opportunities for organizations, while giving you a reliable partner to consult with when questions about your respective market inevitably arise. Take, for example, the technology market research case studies we recently compiled, showcasing how our forward-looking methodologies help some of our biggest clients with their digitization journeys. In this blog post, let’s review four of these case studies to give you a better idea of what kind of results you can expect from ABI Research as a technology intelligence partner.
After the September 11th terrorist attacks on the United States in 2001, the world changed in many ways, with perhaps the most profound effects happening in border security (airports, seaports, etc.) and law enforcement. Biometric-based identity emerged as a critical solution, but governments and security agencies experienced several challenges over the years. Fast forward to today, those challenges (e.g., data leaks, poor facial recognition accuracy, inconsistent algorithms, etc.) have mostly been resolved, making Automated Border Control (ABC) technologies ready for more extensive deployment. Electronic gates (eGates) are the pinnacle of this next generation of border security.
More than 50,000 technology innovators and decision makers rely on ABI Research for deep insight and analysis of transformational technologies and key markets. In addition, we also provide an impartial and expert perspective on the companies that are shaping these technologies and industries.
In the technology space, it’s vital that your organization stay on top of prevailing trends in your respective industry. This extends to keeping tabs on the competition or, if you’re seeking a solution provider, weighing your options. That’s why ABI Research released its 40 Technology Companies To Watch In 2023 whitepaper to better understand which tech firms are winning in terms of innovation and implementation of their technology products/software.
As pointed out in the blog post Government Issued ID: Key Trends to Know Before Green Lighting New Projects, the government Identification (ID) market was largely spared from the global semiconductor chip shortage. While demand for government-issued smart cards is growing and will continue to keep growing, thanks to most COVID-19 travel restrictions being lifted, this also means smart card personalization players will face relentless competition. Gaining market share boils down to succeeding in four key areas: personalization flexibility, advanced printing technologies, additional security features, and scalable solutions.