Goode Intelligence predicts that biometric technology will be in use in 5.5 billion mobile and wearable devices by 2019.
The research and consultancy company says that the growth in biometric technology will initially be driven by the integration of fingerprint sensors in smartphones and tablets. Further growth will come from other biometric technologies deployed as part of multi-factor authentication (MFA) platforms, FIDO (Fast IDentity Online) Aware solutions and proprietary-device OEM led initiatives such as Touch ID.
Goode Intelligence predicts that Apple will integrate biometrics, either its Touch ID fingerprint solution or another biometric modality, potentially heartbeat recognition, into its iWatch smart watch device later in 2014.
"We are very much at the beginning of another transformational aspect of authentication - the use of wearable technology for authentication purposes, in particular leveraging the next wave of biometric technology to create seamless, continuous, authentication. What will be truly transformational about the use of biometrics on wearable devices, is the birth of the universal authenticator - a device that intuitively knows who we are, where we are, what we want to do and can open doors - both physical and virtual.
"We have already seen two of the largest smart mobile device (SMD) manufacturers (Apple and Samsung) launch flagship models with integrated fingerprint sensors allowing convenient biometric authentication for millions of users around the world.
"With millions more mobile devices being launched during 2014 that allow users to biometrically authenticate into a wide range of services including payment and enterprise services, this report provides detailed analysis on one of the most dynamic areas of technology today."
Goode Intelligence's Mobile and Wearable Biometric Authentication: Market Analysis and Forecasts 2014-2019 report highlights the drivers of biometric adoption including the convenience of biometrics for authentication; the need to replace less secure PINs and passwords; biometrics as an enhanced method of security for mobile payments and enterprise mobility, and as a universal authenticator of interactions between humans and connected devices in the Internet of Things.
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