Apple Face ID to impact global mobile biometrics market
Goode Intelligence published a new analyst report that explores the impact of Apple Face ID on the market, as well as forecasts that revenues for mobile & wearable biometric authentication will surpass $14.75 billion by 2022.
In its latest “Analyst Report, Mobile & Wearable Biometric Authentication Market Analysis and Forecasts 2017-2022 (fourth edition)”, Goode Intelligence also forecasts that by 2022 over 1.7 billion devices will have integrated biometric hardware and over 2.1 billion biometric software licenses will be sold.
“The market continues to evolve and the announcement that Apple is replacing Touch ID fingerprint authentication with 3D facial recognition technology for its new flagship model, the iPhone X, is significant,” said Alan Goode, author of the report and founder of Goode Intelligence. “3D facial recognition technology uses infrared (IR), neural networks and machine learning to support biometric authentication on a bezel-less OLED display – which so far has proved problematic using a fingerprint sensor.
“When Apple announced Touch ID in 2013 it revolutionized consumer biometric authentication and led to an explosion of fingerprint sensors being integrated in almost all new smartphones. We expect that Face ID is likely to be disruptive and to impact the market – we’ll see Android original equipment manufacturers’ (OEMs) replicate Apple’s move by integrating 3D facial recognition technology into their flagship models – however fingerprint will continue to play an important role for OEMs both in single and multi-modal strategies.”
The report covers the latest developments and trends in this sector, including impact analysis on Apple Face ID facial recognition such as its impact on fingerprint sensor integration, the emergence of non-security applications for biometrics exemplified by Apple Face ID and its use in animoji and augmented reality (AR) applications, and the emergence of multi-modal biometric authentication.
In addition, the report examines the importance of liveness and anti-spoof technologies and how this is being integrated, how new smart mobile device design is affecting hardware biometric sensor design and integration, the latest mergers and acquisitions (M&A) activity, and average selling price (ASP) for the fingerprint sensor market.
The report investigates the adoption of both biometric hardware (fingerprint sensor, iris recognition, heartrate (ECG) and face) and biometric software applications (face, voice, eye vein, behavioral and sensorless fingerprint).
Goode Intelligence also highlights several leading vendors in the market including Daon, Encap Security, HYPR, Nok Nok Labs, RSA, VASCO, Veridium, BehavioSec, Biometric Signature ID, BioCatch, EyeLock, Delta ID, FotoNation, SRI International / Princeton Identity, EyeVerify, Applied Recognition, KeyLemon, SoftKinetic, Goodix, IDEX, Precise Biometrics, Qualcomm, Silead, Sonavation, Synaptics, Vkansee, Diamond, Fortress Technologies, IDair, Veridium, Nymi, B-Secur, VoiceVault, and VoiceTrust.
Apple | biometrics | facial recognition | Goode Intelligence | market report