According to a report recently published by Acuity Market Intelligence, growing demand for smartphones, tablets and wearable devices that incorporate biometric features is expected to drive a global market of 2.5 billion users with nearly 4.8 billion biometric devices in use by 2020.
"The market for biometrically-enabled mobile devices will surge over the next five years. Apple's launch into biometrics and payments will be followed by similar efforts by Samsung and others, and within three years, biometrics will become a standard feature on smartphones as well as other mobile devices," said Maxine Most, principal and lead analyst for Acuity.
The research firm projects that embedded fingerprint sensors will dominate the market initially and become a standard feature in smartphones and tablets by 2017, generating more than $1.5 billion in revenues annually.
"Emerging biometric sensors that rely on an individual's pulse, skin texture, or other yet unknown metrics will evolve rapidly, especially on wearables," added Most. "This is in addition to biometric apps, such as facial or eye-based recognition, that will leverage the camera or other built-in device features."
For more information about the market for mobile biometrics, visit http://www.acuity-mi.com/Mobile_Biometric_Market.php.
