Persistence Market Research

Smartphone Biometric Sensors Market Significant Profits Estimated to Be Generated by 2025

A biometric sensor is a transducer which converts a biometric trait of a person i.e. voice, fingerprint, and face, etc. into an electric signal. The sensor measures or reads pressure, speed, light, temperature, electrical capacity or other types of energies.


New York, NY -- (SBWIRE) -- 10/24/2017 -- A biometric sensor is a transducer which converts a biometric trait of a person i.e. voice, fingerprint, and face, etc. into an electric signal. The sensor measures or reads pressure, speed, light, temperature, electrical capacity or other types of energies. Different technologies can be accustomed to common digital cameras or sophisticated network or combination of sensors. The biometric forms of authentication is adopted by the mobile manufacturers to enhance the user convenience and experience for the smartphones.

According to the International Telecommunication Union (ITU), in 2015, the mobile broadband networks (LTE) has gained adoption by reaching about 4 billion subscriptions out of almost 7 billion mobile users. At least 1 biometric solution is expected to be incorporate into internet enabled-smartphones by 2025 which commonly include fingerprint recognition sensors.

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The smartphone biometric sensors market is expected to witness double digit penetration rate by 2025. This industry growth is dominated by the fingerprint sensors followed by new opportunities in biometric technologies such as eye recognition. The manufacturers are aggressively adopting the various modes of recognition technologies for physical access control applications. Eye recognition technology is expected to be the most secure modalities for secure mobile payments and consumer electronics authentication. Banking and other financial sectors are expected to adopt these biometric deployments in payment apps and mobile banking.

The enterprises are leveraging the biometric technologies to secure the access to the systems, apps and the networks. Facial recognition, fingerprint and voice biometrics are the three common biometric technologies but the firms are working on bringing other forms of biometric recognition such as vein and iris detection.

The technological advancements in the virtual assistant is expected to support the demand for smartphone biometric sensors market over the forecast timeline. Voice biometrics helps in providing significant improvement in security over the passwords. Voice biometrics are expected to be the most convenient and natural interaction modes when considered for enhancing the user experience. Voice biometrics when combined with virtual assistant enable end-to-end speech interaction allowing user to experience true mobile engagement as the mode of interaction becomes hands-free.

The smartphone biometric sensors market is segmented into palm, eye, face, vein, and voice recognition technologies. Face, iris and voice recognition technologies are expected to have the highest growth potential with majority of the industry dominated by the fingerprint sensors segment. The fingerprint segment share is attributed to their easy usability, reasonable performance, low costs and well-developed supply chain.

Security, payments and data access are the three major functions of the smartphone biometric sensors. Rising adoption of smartphone linkages to the daily activities often requires storing highly sensitive information. Consumers are concerned about the security protection of their passwords. A multi-factor security access using biometric recognition provides smartphone users higher convenience and security. Biometric payments for Point of Sale (PoS) technologies for financial transactions is expected to spread rapidly across all smartphones. For instance, PayPal and ApplePay are working on implementing biometric based payment solutions to eliminate the need for carrying credit cards or cash.

In-display biometric sensors are expected to be the next emerging technologies which would help in increasing the display sizes. Currently the smartphones screens are limited by providing home button which generally features an embedded fingerprint scanner and a camera. Most of the manufacturers have eliminated the home button bezel by placing the scanner on the device's backside. Therefore, it is important to develop a sensor which can be embedded under the glass into phone's display. The companies have started R&D for the same and are into the launching phase. For instance, LG Innotek has announced its under-glass fingerprint sensing module for the smartphones. Apple has demonstrated its exploration into embedding its Touch ID fingerprint sensing system into the iPhone's display with patent filings. Apple, 3M Cogent, NEC Corporation, Fujitsu, ImageWare Systems, BioEnable Technologies, Mobbeel, M2SYS, SIC Biometrics, and Precise Biometrics are the prominent vendors of the smartphones biometric sensors market.

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