In 2011, we observed that:
Mobile hardware is a tricky business. There is a tension between the market signals coming from the “make ’em cheaper” vs the “make ’em more secure” crowds.
It looks like that is set to change in a big way…
IHS technology supports that claim and reports that mobile companies will drive that growth through the use of fingerprint sensors, a market that could be valued at $1.7 billion by 2020. “Fingerprint sensors have arrived in force and we are forecasting that shipments of fingerprint enabled handsets and tablets will reach 1.4 billion units by 2020,” Marwan Boustany, senior analyst at IHS Technology, told the publication.
As with many things in the technology world — domestic air travel, vehicle air bags, mobile phones, etc. — mobile biometric hardware started out with high cost and limited appeal. If International Data Corporation (IDC) is correct in its assessment, mobile biometrics could take a similar path to ubiquity.