Data Driven Insight for Biometrics, Digital Identity & eIDs

Biometrics, Mobility, Digital Identity, ePassports, eIDs, Automated Border Control, eGates, Secure Documents...

Biometric Smartphones have officially gone “Mainstream”

Posted: February 11th, 2016 | Author:

Our latest research is shutterstock_357654659-2 out. And the BIG NEWS: Biometric Smartphones are officially mainstream!  More than 200 fingerprint, iris, and eye-vein biometric smartphones have been introduced since Q1 2013 under 70 brand names including market leaders such as Apple, Samsung, Huawei, Xiaomi,, TCL, Oppo, Vivo, and ZTE. Acuity projects that 600 million biometric smartphones are currently in use representing 28% of the global installed base.

This explosion of biometric smartphones is just the beginning. The number of models increased from 52 a year ago to 197 today with additional announcements expected by the end of Q1. Acuity is confident the market will achieve the 100% biometric smartphone adoption forecast for 2018 in last year’s Global Biometrics and Mobility Report.

Biometric smartphone prices have dropped dramatically as new low-end options expand adoption, especially in emerging markets. Since Fujitsu introduced the Arrows XF-02 models in February 2013, and Apple the groundbreaking iPhone 5S in September 2013, the quarterly average price of biometric smartphones has plunged from $800 to just $251. This includes 28 models introduced since May 2014 selling for $150 or less.

While 93% of all biometric smartphone models run Google’s Android OS and Fingerprint Cards sensors are used in more than 60% of current models, Apple maintains a dominant 45% total device and fingerprint sensor market share. This is, however, about to change as an onslaught of Android based Chinese phones along with aggressive plans by Chinese sensor manufacturers alter the market landscape during 2016.

Check GMBRrepCOV-2out the “Biometric Smartphone Update” for details of all biometric smartphones shipped since Q1 2013 including brand, model, OS, price point, release date, and availability as well as biometric type, vendor, and sensor, and links to complete specifications and reviews at http://www.acuity-mi.com/BSP.php.

It is a great companion to “The Global Biometrics and Mobility Report” which provides detailed unit and revenue forecasts for smartphones, tablets, and wearables, biometric apps, and biometric payment and other transactions from 2014 to 2020. Preview and purchase at  www./GBMR_Report.php .


Filed under: Biometrics, Data Driven Analysis, Market Forecast, Market Insight, Market Research, Mobile Biometrics, Mobility | No Comments »

Identity 3.0: Mobile Biometrics Redefine Digital Identity and Disrupt Global Commerce

Posted: August 20th, 2015 | Author:

wordle 10The global market for mobile biometrics is at the center of a firestorm of converging market forces driving new and complex relationships between identity, commerce, and the indispensable personal mobile devices that more than 6 billion consumers carry with them at all times. The proliferation of these powerful mobile devices within the emerging global ecosystem connecting commerce, community, and consumers has fundamentally changed the way we communicate, work, conduct business, shop, entertain ourselves, interact socially, and now identify ourselves.

Two central themes provide the context for understanding the scope of this massive market revolution:

The first is the transformation and convergence of commerce and privacy as they relate to individual consumer identity. How do consumers navigate this complex, interconnected world ensuring their privacy is protected and their PII is secure while they maintain frictionless access to the information, communities, and the goods and services they want to purchase?

Mobile iPhone and Watch MEDThe second is how will enterprises that rely on the accumulation, management, use, and sale of PII evolve or be displaced as this massive global platform based on personal mobile devices disrupts conventional business models? Can businesses based on data aggregation survive the creation of consumer centric ecosystems that transfer data ownership from commercial powerhouses to individual consumers?

This is the framework for evaluating the critical role biometrics has begun and will continue to play as the mobile identity ecosystem is conceived, constructed, and deployed across the globe over the next five years and beyond.

Got your attention?   For more register for Acuity’s Mobile Biometrics Webinar: Redefining Digital Identity and Disrupting Global Commerce on Sep 3, 2015 11:00 AM EDT.

The Webinar will draw extensively from Acuity’s latest research report The Global Biometrics and Mobility Report: The Convergence of Commerce and Privacy.


Filed under: Biometrics, Data Driven Analysis, e/mCommerce, Market Insight, Mobility, Payments, Smart Devices | No Comments »

Mobility Fuels Biometric “Boom”!

Posted: June 10th, 2015 | Author:

Acuity just released revised forecasts for the mobile biometrics market. Annual revenues from biometrics embedded in smart mobile devices, biometric app downloads, and biometric authentication of transactions are projected to grow from $1.6 billion in 2014 to $34.6 billion in 2020 representing a CAGR of nearly 67% with total forecast period revenues exceeding $117 billion.

MBimage Today’s mobile biometrics are primarily a convenience factor; a pin alternative for device, application, and account access, as well as mobile payment authorization. I believe that by 2017, hardened biometric security on mobile devices will begin in earnest and we will see a genuine transformation in identity and commerce and the true end of “the password as we know it.”

The potential for consumer use of mobile biometrics and the associated revenue is magnitudes greater than any previous application of biometrics. This massive, globally available platform will provide an unprecedented opportunity for sustained sensor, software and app based revenue as well as enormous potential for biometric authentication services for high-risk and high-value transactions.

Acuity also projects that by 2020, biometrics will be standard on 100% of the nearly 3 billion consumer smart mobile devices sold each year. With an installed base of 4.8 billion, more than 89% of all smart mobile devices in use will be biometrically enabled. In addition, more than 5.5 billion biometric apps will be downloaded annually, and more than 800 billion transactions that require some level of biometric authentication will be processed on mobile devices each year.

For detailed forecasts and analysis of the consumer mobile biometric market, preview and purchase “The Global Biometrics and Mobility Report: The Convergence of Commerce and Privacy” at www.acuity-mi.com/GBMR_Report.php


Filed under: Biometrics, Data Driven Analysis, e/mCommerce, Market Forecast, Market Insight, Market Research, Mobile Biometrics, Mobility, NFC, Payments | No Comments »

“Mobility is the driving force that will unleash the long awaited biometric revolution”

Posted: January 27th, 2015 | Author:

Biometrics in mobile payments, banking, and a host of other mobiles services and applications are poised to transform and accelerate the globalization of mCommerce.

The latest research from Acuity Market Intelligence reveals a mobile biometric marketplace more complex, broadly based, and growing faster than previous forecasts indicate.

Acuity segments the mobile biometrics into three major sectors:

  • Biometric Sensors embedded in smart mobile devices: Smart Phones, Tablets, and Wearables.
  • Biometric Apps offered directly by biometric vendors, or downloaded to smart devices via mobile service providers such as banks, payment processors, social media sites, retailers, or online identity providers.
  • Biometric Authentication for payment and non-payment transactions provided via secure cloud-based services linked to Biometric Apps on smart devices.

Acuity projects that by 2020, global mobile biometric market revenues will reach $33.3 billion annually. This includes 4.76 billion biometrically enabled smart mobile devices generating $6 billion in biometric sensor revenue, 4 billion biometric app downloads generating $20 billion in annual revenues from direct purchase and software development fees, and 825 billion biometrical secured payment and non-payment transactions generating $6.8 billion in authentication fees.

Biometrics are a natural fit for the smart mobile devices we literally hold onto nearly every waking hour. The explosion in the use of smart devices over the past five years, along with anticipated growth over the next five — especially in developing economies where sub $100 smart phones have begun to alter the mobile landscape — will bring biometrics into the daily lives of half the global population. By 2020, 100% of smart mobile devices will include embedded biometric sensors as a standard feature

For more on the mobile biometric market, download your free copy of the NEW  Mobile Report Market Brief which previews Acuity market forecast data on mobile biometric smart devices, transactions, and global market revenue (Brief registration required).

For a comprehensive view of the marketplace and detailed forecasts, order The Global Biometrics and Mobility Report.

And as always, more information about all of Acuity’s research is available at the Acuity Research Page.


Filed under: Biometrics, Data Driven Analysis, Market Development, Market Forecast, Market Research, Mobile Biometrics, Mobility, Payments, Smart Devices | No Comments »

Two of World’s Busiest Airports Deploy Biometric Automated Passport Control Kiosks; Global Market to Grow 22% CAGR from 2014 – 2018

Posted: May 12th, 2014 | Author:

Earlier this month, Atlanta Hartsfield-Jackson and Chicago O’Hare — two of the world’s busiest airports — announced the introduction of biometric Automated Passport Control (APC) kiosks.

APC kiosks offer a cost effective and rapidly deployable means of reducing congestion at international arrivals. These announcements reflect a decisive global trend towards expediting international airport passengers through rapid adoption of automated border control technology.

Acuity’s latest research “The Global Automated Border Control Industry Report: Airport eGates and Kiosks” projects North American and European airports will drive a global APC Kiosk market of nearly 8,000 units and more than $550 million in revenues by 2018, reflecting a 22% CAGR over five years.

ABCair

Currently, less than 400 APC kiosks have been deployed in 13 airports in the US and Canada,  APC kiosk numbers will grow rapidly as they migrate globally to EuropeAsia, and the Middle East. Though North America currently represents 100% of the APC Kiosk market, by 2018 Europe will dominate with 42% market share, while Asia at 24.4% will exceed North America at 16.6%.

APC kiosks enable international travellers to rapidly clear passport control by entering their own immigration information. Automating this process via self-service kiosks decreases international arrival wait times by as much as 80% for kiosks users and 50% for all passengers.

The first generation of APC kiosks did not include biometrics and were available only to US and Canadian passport holders. Biometric APC kiosks extend this service to international travelers from 38 visa-waiver countries including AustraliaJapan,Germany and the United Kingdom.

For  detailed APC kiosk market forecasts, check out  “The Automated Border Control Industry Report: Airport eGates and Kiosks” at www.acuity-mi.com/ABCair_Report.php .

 


Filed under: Automated Border Control, Biometrics, Data Driven Analysis, Market Development | No Comments »