Smartphones have emerged as the new frontier of growth for fingerprint biometrics.
So says Guillaume Lefevre, VP for market development and sales at Morpho, who notes there is a new wave of consumer applications that will drive innovation in the biometrics space.
"The significant increase in the adoption of biometric technologies in smartphones is largely due to factors such as growing concerns over data integrity and security among mobile users, rising popularity of the mobile wallet concept for accomplishing banking and financial transactions, and a move towards mobile cloud computing," says Lefevre.
He adds that in 2014, the top smartphone vendors all rolled out products with biometrics.
A recent study by ReportsnReports notes the fingerprint sensors market is going to jump to $14.35 billion in 2020.
It points to the rapid technological developments, increasing demand for simple and secured access for users to their devices, mobile commerce, and high adoption rates of smartphones as the major drivers for such a high growth of the fingerprint sensors market.
The fingerprint sensors market is estimated to grow at CAGR of 16.8% from 2014 to 2020, it points out.
According to a report by IHS Technology Research, shipments of fingerprint-enabled handsets and tablets will reach 1.4 billion in 2020.
Meanwhile, Future Market Insights says fingerprint sensors are now increasingly used in consumer electronics like smartphones, tablets and laptops, and are expected to drive the market in the future. The fingerprint sensors offer many advantages, such as wide acceptance, security, reliability and ease of access.
The integration of biometrics into smartphones has gone from being a trend to becoming the norm, Lefevre states.
"We have seen some important milestones for the adoption of biometrics. Apple's new iPhone and iPad devices all have fingerprint readers and it also launched payments services with secure identity verification through fingerprint technology.
"Huawei was first to launch an Android phone with a fingerprint touch sensor. Since then, others like Samsung have followed."
Share