“By sticking In-display fingerprint sensors and cameras behind the screen, manufacturers increase the amount of real estate available on its face.” A new report from ABI Research suggests that smartphones manufacturers looking to maximize screen size should be investing in biometric tech rather than flexible or foldable screens. The report arrives as those same manufacturers…
Despite the rise of facial recognition in smartphones, the fingerprint sensor market will continue to see substantial growth over the coming years, according to a new market forecast from ABI Research. The firm predicts that the fingerprint sensor market will see 1.26 billion shipments this year, and that this ties into a predicted CAGR of…
“At a time when many mobile-focused fingerprint sensor makers have been assessing the fiscal impact of dropping ASPs, the reports offer some much-needed perspective on the big picture.” Another market research firm is pointing to the ongoing ascendancy of the fingerprint sensor market. The latest evidence comes by way of ABI Research. In a report…
The market for ‘powered payment cards’ is on the cusp of a boom, according to a new report from ABI Research. It’s the firm’s term for new payment card solutions like biometric payment cards and cards featuring dynamic code verification (DCV). According to ABI Research, 260,000 of these kinds of payment cards are expected to…
The rapidly ascending popularity of mobile fingerprint scanning is helping to lead growth in numerous other areas, says ABI Research. Reporting on findings from its Biometric Technologies and Applications publication, the market research firm says that by 2022, fingerprint sensors will reach a 95 percent penetration rate of the smartphone market. That echoes a forecast…
Despite its massive recall, Samsung’s Galaxy Note7 smartphone could help to pioneer the next wave in mobile biometrics—iris scanning. That’s a potential implication of a new forecast from ABI Research. Citing the high-profile Note7, the firm predicts that in 2o21, the number of smartphones shipping with iris scanning technology will come to nearly 300 million.…
Chip card vendors need to embrace new technologies to beat the EMV market slump, according to a new report from ABI Research. While the global transition to contactless payment cards will continue to bring in revenues, ABI Research reports that “[v]endors are already reporting reductions in US orders” as market becomes more saturated, and that,…
ABI Research is predicting that the overall biometrics market will reach a value of $30 billion by the year 2021. In a statement summarizing recent findings, the market research firm says this will reflect growth of 118 percent since 2015. The main market driver continues to be mobile fingerprint sensors, which ABI Research says will…
ABI Research is raising some concerns about the security of biometric technologies. In the synopsis of a new report entitled Biometric Data Security, the market research firm argues that “biometric vendors are just starting to pay more attention to the complexities of biometric data and implement new security protocols in this US$26 billion industry.” ABI says…
There’s major growth in store for biometric technologies in the areas of mobile devices, ATMs, and healthcare, according to ABI Research. In new findings from the market research company’s Biometric Technologies and Applications service, the group predicts strong growth for modalities ranging from fingerprint sensors to iris scanners. ABI points to the already strong trend…
The overall biometrics market is going to reach $26.8 billion USD in revenues by the year 2020, according to a new report from ABI Research. The market analysis firm sees high potential, but also notes dispiriting challenges for the industry. The biggest challenge lies essentially in some companies over-promising and under-delivering. It isn’t deliberate, but rather…
Market research firm ABI Research has released some new findings and predictions on the governmental biometrics market. The firm expects governmental biometric expenditures to reach $8.6 billion USD by the year 2020. In a statement, ABI Research Analyst Dimitrios Pavlakis pointed out that while the consumer electronics and enterprise segments of the global biometrics market…