FPC Anticipates Biometrics Growth in PCs, Payments, and Access Control

“Regarding PCs, Fingerprint Cards says that it expects that by 2026, fully two thirds of all such devices shipped will include a fingerprint sensor”

Fingerprint Cards is doubling down on its strategic plans to expand into new market areas, issuing a forward-looking statement to “communicate the company’s view on the long-term potential in key market segments”.

The company acknowledges the success of biometric technology in the mobile sector, where it has been a leading provider of fingerprint sensors for the last several years. But FPC notes that while there is still growth potential there, its leadership expect that biometric technology’s “primary” growth will be in new areas.

These areas include computers, payments, and access control, the company says.

Regarding PCs, Fingerprint Cards says that it expects that by 2026, fully two thirds of all such devices shipped will include a fingerprint sensor. FPC’s aim is to be a leading supplier in this area, with a market share of about 40 percent.

In the area of payments, FPC has already shown considerable enthusiasm about the emergence of biometric payment cards. The company is also expecting biometrics to be used in wearable payment devices and “USB tokens”, with all such payment devices representing “a very large potential market for biometrics.” FPC wants 50 percent of it, and will be banking on the success of its T-Shape sensor module solution.

Finally, Fingerprint Cards says it’s already the global fingerprint sensor market leader in biometric access control, and that it will aim to defend this position as that market grows. The company also offers a touchless solution based on iris and facial recognition that could prove particularly appealing in the automotive and healthcare industries, FPC says.

In the mobile sector, meanwhile, FPC says it’s still aiming to grow its market share from about a third of the global market to roughly 40 percent over the next several years.