Smartphones Primary Driver of Biometrics Revenue in 2015, ABI Says
ABI Research said smartphones will be a primary driver for a forecast $3.1 billion in global revenue in 2015 for the biometrics industry’s consumer and enterprise sectors. Rapid advances in biometrics will drive further smartphone hardware upgrades, ABI said Wednesday. “Biometry is moving rapidly into the security ecosystem and its adoption by CE devices will jumpstart this phenomenon,” said ABI analyst Dimitrios Pavlakis in a news release. “Smartphone biometrics provide not only a secure alternative for authentication, mobile payments, and [bring your own device] initiatives but also enhance user experience, navigation, mobility, and versatility.”