In a global biometric hardware market worth over $4B, traditional fingerprint/palm sensors still monopolize 95% of the market, but face and iris sensors lie in wait.
Fingerprint technology impressively dominates the market - but changes are expected
Due to historical reasons, like the criminal fingerprint database established by the FBI with ink-based techniques, fingerprint sensing is the most common biometric technology currently used, by far. We estimate that the annual revenues generated by fingerprint-based solutions are currently $4.25B, representing 95% of the hardware market. Fingerprint sensing dominates technologies like iris, face, palm or voice recognition, because it meets almost all the requirements of a “perfect” biometric recognition technology. It is robust, stable and repeatable, time-invariant, difficult to spoof, has a distinctive meaning, is "unique" amongst a population, accessible, easy to use and acceptably non-intrusive. All other biometric technologies do not yet fulfill those requirements as specifically as fingerprint technology. Hardware revenues generated by the other biometric technologies are relatively low, estimated at $250M, mostly from iris and face recognition. This report identifies the players in the biometric hardware market, and provides technology, market and trend evolution insights. The fingerprint market has experienced an incredible volume increase in the consumer market with the adoption of the active capacitance detection on an increasing number of smartphones to answer the demand of online identification, mobile payment and unlocking applications. Diverse technologies, such as optical, thermal, and Piezoelectric Micromachined Ultrasonic Transducers (PMUT), are also trying to penetrate the consumer market, but are still very limited. The industrial and homeland/security markets are still widely using optical technology. Other biometric solutions like iris, face or voice recognition have been introduced but with a limited impact. Their performance hasn’t yet reached the requirements with regards to cost, reliability, false rejection rate and false acceptance rate to significantly penetrate either the consumer, industrial or homeland/security markets....
More information on that report: http://www.i-micronews.com/report/product/sensors-for-biometry-and-recognition.html