An increasing amount of Chinese smartphone vendors are investing in equipping their devices with fingerprint sensors. Fingerprint sensors for smartphones are expected to reach 1 billion shipments by 2020, marking a 17% CAGR increase.
Biometrics on smartphone devices have moved past the simple authentication option and are headed towards establishing a more robust mobile payment solution. However, other biometric modalities like face, voice and eye-based recognition are currently moving out of the fledgling phase and are to be integrated as highly-secure - albeit more expensive - biometric capabilities in smartphone devices with a 5-year CAGR revenue growth of 144%.
In the banking and finance sector, ATMs receive a long overdue and much needed boost. ATMs are now incorporating finger-vein and palm-vein technologies as a primary or additional form of identification while voice recognition will maintain a leading position as fraud prevention software. Iris recognition is booming in the healthcare sector as a form of logical and physical access control, and hospitals are gradually investing more in biometric-based patient ID and Electronic Medical Records (EMR) software. Leading suppliers of biometric technology include vendors Saffran Morpho, NEC, 3M Cogent, Agnitio and FPC. Promising up-and-comers include Techshino, EyeVerify and VKansee.
These findings are part of ABI Research’s Biometric Technologies and Applications Research Service, which includes comprehensive Research Reports, quarterly Market Data files, and timely Insights.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.
Asia: +65 6950.5670