Apple & Samsung Main Market Drivers in Fingerprint Sensors

Apple & Samsung Main Market Drivers in Fingerprint SensorsApple and Samsung have been the main market drivers in fingerprint recognition technology, according to a new report from Daedal Research. The firm suggests that the smartphone makers’ incorporation of fingerprint sensors into their newer mobile devices was a game-changer in the industry.

Apple, pioneered the trend with its Touch ID system but arch-rival Samsung was quick to catch up, and has perhaps more reach in terms of getting the technology into the hands of consumers. In any case, there has indeed been major growth in the fingerprint sensor market, and it looks like more is on the way. The Daedal report pays particular attention to applications in smartphones and also banking, an area where other market researchers have predicted disruptive effects from mobile biometric technologies.

Indeed, the two areas – banking and smartphone applications – very often go together, with financial institutions increasingly issuing mobile apps that require biometric authentication for user access. And the coming mPayment platforms, led by Apple Pay, should further pronounce that trend, with fingerprint sensors to provide the basis for user authentication on Samsung Pay and Android Pay, which will be available to huge swaths of consumers.

July 17, 2015 – by Alex Perala