Juniper Research is predicting the rise of software-based biometric authentication in a new report. Entitled “Mobile Payment Security: Biometric Authentication & Tokenisation 2018-2023,” the forecast predicts that end users of such systems will rise from about 429 million this year to 1.5 billion in 2023.
The prediction essentially points to the rise of facial recognition. All mobile biometric authentication systems are based on software, of course; but some of the more sophisticated systems, such as Apple’s 3D face scanning system and Samsung’s iris recognition technology, require specialized hardware. Juniper Research’s report is gesturing to the rise of biometric solutions that don’t require any more hardware than what’s standard on smartphones, meaning that there are going to be a lot more systems leveraging mobile microphones and especially mobile cameras, which can facilitate 2D facial recognition and even three-dimensional face scanning when video is used instead of a static image.
In a report summary, Juniper Research explained that the “hardware-agnostic nature of this will be key to driving adoption, increasing biometrically-authenticated transactions at an average of 76% per annum globally.” The firm added that the Asia market will drive this trend, with North American usage growing at only 46 percent per year.
Meanwhile, fingerprint scanners, which today are essentially standard features on smartphones, are going to see a slight decline as software-driven systems become more prominent. Juniper Research estimates that 95 percent of smartphones this year feature fingerprint sensors, but that this will drop to 90 percent by 2023, with fingerprint authentication becoming a “much more contextual” approach to user authentication.
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