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Showing posts with label Worldwide. Show all posts
Showing posts with label Worldwide. Show all posts

National Electronic ID Programs Generate $54 Billion Between 2013 and 2018 with 3.5 Billion National eID Card Holders Worldwide

DENVER, July 9, 2014 /PRNewswire/ -- Acuity Market Intelligence today released forecasts from "The Global National eID Industry Report: 2014 Edition" indicating that the global market for National Electronic ID (eID) programs will generate $54 billion in revenues between 2013 to 2018. During this time, the number of National eID cards in circulation will double from 1.75 billion to 3.5 billion. Asia, with its vast population, will dominate the market representing nearly 70% of all National eID cards issued, while Europe trails a distant second at 11%.

According to Acuity Principal and biometrics and secure document market expert, Maxine Most, "In five years time, half of the world's population will have a chip-based National eID card, including near-complete regional coverage in Europe. This eID platform will encourage significant expansion of eGovernment services and provide the foundation for the development of national and global trusted authentication infrastructures."

Most continued, "The evolution of National eIDs is also an evolution towards mobility as these physical electronic credentials evolve towards virtual credentials that are easily stored in mobile devices. This separation of credential from form factor will fundamentally shift the way identity is established, referenced, and used everyday across the globe."

While the total number of countries with some form of National ID program is projected to increase just 6.5%, from 142 to 152 between 2013 and 2018, the number of countries issuing National eID cards will increase 70% from 56 to 95 during this period.

In addition to the 3.5 billion chip-based National eIDs issued by these 95 countries, another 300 million National ID cards will be issued by 31 countries that have integrated biometrics into non chip-based card programs.

Additional analysis and projections are available in "The Global National eID Industry Report: 2014 Edition" which includes comprehensive, country-by-country, regional, and global unit and revenue forecasts for all National eID cards programs including cards, and card and biometrics readers. 

To order, preview, or get more information on "The Global National eID Industry Report: 2014 Edition", visit www.acuity-mi.com/GNeID_Report.php.

About Acuity Market Intelligence
?Acuity Market Intelligence (http://www.acuity-mi.com) is an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometric and electronic identity (eID) market trends.

Contact:? Acuity Market Intelligence?, +1 303 449 1897

SOURCE Acuity Market Intelligence

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Digital Wallets Designed for Eliminating the Need for Credit Cards - NXTD's Wocket™ Looks to Change the Way Consumers Make Credit Card Payments Worldwide

CORAL SPRINGS, Florida, May 20, 2014 /PRNewswire/ --

Smart Technology continues to evolve in the biometrics sector as advanced technologies become available for today's consumer looking for secured methods of future credit card payments: NXT-ID Inc. (OTCBB: NXTD), Apple Inc. (NASDAQ: AAPL), Yahoo! Inc. (NASDAQ: YHOO), Google Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT)

In an exclusive Q&A, Mr. Verdi discusses recent ventures including new movie deals and his investments in game-changing technologies, including Apple and biometric mobile security company NXT-ID Inc., (OTCQB: NXTD) (OTCBB: NXTD), which is currently preparing to launch its smart wallet, the Wocket™, (http://www.wocketwallet.com) with advance orders starting May 28th.

Interview Highlights with Mr. Verdi:

Question:
This past year has already seen you reach some key milestones; making movies with the best in Hollywood, like Martin Scorsese and your investment in NXTD is up over 300 percent in less than a year. What are you most excited about for the balance of this year?

A: Chad A. Verdi
Well, that's a tough one. I guess I am the most excited about NXTD right now, only because they are about to launch the Wocket™ this month. Wocket™ is a smart wallet with a re-programmable single credit card device that operates under a secured system using biometrics.

I feel it will change the way people make credit card payments worldwide. Everyone is trying to get in on this game with mobile payments, mobile wallets, mobile apps like LOOP and COIN. Everyone is trying to figure out the best way to do it. I think Wocket™ has the right approach; separate from your phone. Most people are concerned about what happens if they lose their phone or it gets stolen - what happens with all that payment info on your phone? With Wocket™, it's not a worry because after each transaction it basically goes back to a blank card. Your identity and payment info are safe!

It's great to think I originally invested in this a few years ago and now it may become the leader in the payment sector that I thought it would!  

To read the full Chad A. Verdi  interview, please click here:http://www.fnmprofiles.com/profiles-nxtd.html

Question:
In terms of your investments, you invest in both large companies like Apple (NASDAQ: AAPL) and Yahoo (NASDAQ: YHOO) and other big tech and entertainment companies but you also take risks and invest in smaller companies with emerging technology like NXTD.  Where do you see the biggest potential pay-off?

A: Chad A. Verdi
I obviously wish I would have had the opportunity to get into Apple from the beginning. I would have bet big on it, just like I have with NXTD. Companies that take a different path from what the competition is doing represent the biggest opportunity, if it works. Steve Jobs set the course for Apple, I still love the company but it's hard to know if the vision will stay intact.  NXTD is still young and they are taking a revolutionary approach to payments and identity issues, very different from their competitors and I like that. 

About Chad A. Verdi:  

Mr. Verdi is an established movie producer and businessman with an interest in technology investments. He will be the executive producer of three films with Oscar-winning director, Martin Scorcese. The casts of these films will include names such as Liam Neeson, Andrew Garfield, Miles Teller, Aaron Eckhart and Adam Driver.

Smart Technology News and Notes:  

In other smart technology news around the markets, Google Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT) have also been in the news for their recent developments. Google recently made their famed Google Glass available for the general public for a short amount of time and continue to make developments improving the technology, with the latest move allowing Glass wearers to spend money Bitcoin. Microsoft, on the other hand, is rumored to be developing a smart watch experts say could give both Samsung and Apple a run for their money.

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DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  FFor current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-Id, Inc. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

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SOURCE FN Media Group, LLC

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