Yole Group announces its biometrics report

In 2021, the overall biometric market for consumer reached US$6.2 billion. It is expected to reach almost $11 billion in value by 2027. The growth will be driven globally by the need for secure phones where data is becoming increasingly centralised, laptops with sensitive files, and secure homes.

According to Pierre Delbos, Technology & Market Analyst, Sensing and Actuating in the Photonics & Sensing division at Yole Intelligence, part of Yole Group: “The FPS [fingerprint sensors] market will continue growing thanks to ever-increasing penetration in smartphones, along with other end-systems like laptops, tablets, and smart door locks."

Yole Intelligence has updated its dedicated Biometrics for Consumer technology & market report to provide the latest updates on fingerprint, face, voice, and iris scanning solutions, both shipments and revenues, from 2018 to 2027. This 2022 edition details the supply chain structure and analyzes future innovations and technology trends. It also provides a comprehensive overview of the market trends for each end system and new disruptive use cases for biometry.

The full story, named 'Biometrics: a 3rd wave to shake the consumer industry', can be accessed here.