Fingerprint Sensors, Facial Recognition, and Biometric Surveillance in the Global Biometrics Industry

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It is encouraging to observe that, consumer electronics are increasingly aware of the stake related to the security of their data in our ever-connected world. Consumers are increasingly putting their trust behind biometric-based authentication and searching for security, convenience, and personalization in multiple layers.
 
According to ABI Research, Consumer electronics, particularly smartphones, continue to boost the biometrics market, with embedded fingerprint sensors anticipated to reach two billion shipments by 2021 at a 40% CAGR. 

Fingerprint Sensors, Facial Recognition, and Biometric Surveillance expected to propel the Global Biometrics Industry to $30 Billion by 2021.
North America and the Asia-Pacific regions lead the momentum in terms of biometric implementations. 

ABI Research market data suggests that Latin America and the Middle East can also expect a gain; primarily in banking and personal finance, followed by the governmental and security sectors.

The respective governments have to push for new legislation and regulations for data management and exchange initiatives.

New biometric form factors and technologies include USB-connected devices; embedded sensors in consumer electronics and payment cards; 4-finger, iris, and facial recognition in smartphones; and vein recognition in ATMs; to name a few. 

Among Industry leaders, we have: Gemalto, STMicroelectronics, FPC, Precise Biometrics And Morpho (Safran).