LONDON, UK: Goode Intelligence, the leading research and consultancy organisation for the mobile biometric industry, issued an update to its latest analyst report forecasting that by 2019 there will be 604 million users of wearable biometric technology globally.
According to Goode Intelligence, biometric authentication in Smart Mobile Devices (smartphones, phablets and tablets) has become a common feature. The first wave of integration into flagship mobile models from the current top three smart mobile device manufacturers, Apple, Samsung and Huawei, is being emulated by other device manufacturers for integration into more affordable models.
The trend is driven by a number of factors including the need to conveniently protect devices (replacing PINs for device unlock), mobile payment and mobile banking authentication and, will lead into it being integrated into enterprise multi-factor authentication (MFA) platforms.
The next wave of consumer-led biometric adoption will be led by the integration into wearable technology – smartwatches, bands, ear-pods, jewellery and glasses. The wearable device, thanks to its biometric capability, will become the prime personal authentication device allowing authentication and identity verification for both the physical and logical worlds.