Global ID Technologies Market: Brief Overview ID technology is the technology of smart cards, optical character recognition, barcodes, biometrics, magnetic stripes and voice recognition. Technologies like these are used for identifying objects, collecting data and entering it into computer systems with the help of a communication medium, this communication may be internet or Intranet. Such technologies are used on a wide scale in industries, residential applications, as well as commercial enterprises. The ID technologies market is basically driven by the growth in the number of fraudulent cases in many commercial transactions. Due to the current increase in the number of terrorist activities throughout the world, further boosts the need for sophisticated ID technology tremendously. The growing cross-border activities like trade and tourism among others are increasing the need for unique identification cards like e-passport and other national and international IDs. The need for empl...