Welcome to the December 2014 issue of the Computing Security Newsletter.
One thing you can always be sure of when dealing with emerging technologies is that the stats quoted will almost invariably be going through the roof.
Still, it is interesting to see that the number of global biometrics smartphone users is expected to reach 471.11 million in 2017 from 43.23 million in 2013, transitioning from the early adopter phase to the early maturity phase – thus giving biometrics technology the opportunity to outstrip existing security technologies, such as two-factor authentication (2FA). By 2019, biometrics will no doubt be all over mobile devices.
New analysis from Frost & Sullivan, ‘Biometrics Go Mobile: A Market Overview’, finds that the biometric revenue from smartphones is expected to increase from $53.6 million in 2013 to $396.2 million in 2019, at a compound annual growth rate of 39.6%.
The reality is that biometric technologies need to compete with other easy-to-use identification technologies, such as near field communication (NFC), and they also require significant investments in sensors and infrastructure. Moreover, in many countries, especially in Europe, privacy is a sensitive topic. As biometrics provides personal information, individuals are still reluctant to be tracked using such data.
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Brian Wall, Editor
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