DENVER, Dec. 22, 2014 /PRNewswire/ -- The 2014
Holiday Season may be the brightest ever for the biometrics
industry as Acuity Market Intelligence reports that the long
anticipated floodgates for consumer biometrics may finally be open.
Acuity forecasts that intensifying demand for smart phones,
tablets, and wearable mobile devices that incorporate biometrics
will drive a global market of 2.5 billion users with nearly 4.8
billion biometric devices by 2020.
According to Maxine Most, Acuity
Market Intelligence Principal and lead analyst, "The market for
biometrically enabled mobile devices will surge over the next five
years. Apple's launch into biometrics and payments will be followed
by similar efforts by Samsung and others, and within 3 years,
biometrics will become a standard feature on smart phones as well
as other mobile devices."
Most, a biometric identity and security technology expert,
continues "Wearables including smart watches, Google's
re-envisioned Google Glass, along with form factors yet to be seen,
will burst onto the market and fundamentally change the way we
think about and manage communication, payments, personal
transactions, healthcare, and social interaction. All of these
devices will include embedded biometrics as well as options to
download software-based biometric apps."
"Acuity projects that embedded fingerprint sensors will
initially dominate the market becoming standard in smart phones and
tablets by 2017, generating more than $1.5
billion in annual revenues. Emerging biometric sensors that
rely on an individuals pulse, skin texture, or other yet unknown
metrics will evolve rapidly, especially on wearables," says Most.
"This is in addition to biometric apps, such as facial or eye based
recognition, that will leverage the camera or other built-in device
features."
For more insight into the mobile biometric marketplace, download
Acuity's Mobile Market Briefs at
http://www.acuity-mi.com/Mobile_Biometric_Market.php. For a
comprehensive view of the marketplace and detailed forecasts,
pre-order "The Global Biometrics and Mobility Report" at
http://www.acuity-mi.com/GBMR_Report.php. The report will be
available in January 2015 and can be
ordered now for a 20% discount.
About Acuity Market Intelligence Acuity Market Intelligence
(http://www.acuity-mi.com) is an emerging technology strategy and
research consultancy with a proven record of accurately
anticipating biometric and electronic identity (eID) market
trends.
Contact: Acuity Market Intelligence +1 303 449 1897
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SOURCE ACUITY MARKET INTELLIGENCE