industry trends

AU Optronics Announces Full-Screen Biometric Fingerprint Sensor

AU Optronics Announces Full-Screen Biometric Fingerprint Sensor

“…given the growing consensus that mobile fingerprint sensors are moving into device displays, extending the scanning capability across the entire display surface would seem to be a logical next step for smartphone brands…” In the midst of the SID Display Week trade show in San Jose, Taiwan-based optoelectronics specialist AU Optronics (or “AUO”) has announced…

Mobile Tech Market is Moving Toward Full-Screen Fingerprint Biometrics, says Precise CEO

Mobile Tech Market is Moving Toward Full-Screen Fingerprint Biometrics, says Precise CEO

“Its new Precise YOUNiQ solution, which combines fingerprint, facial, and behavioral recognition with geodata, is also an area of intensifying focus, with Precise Biometrics aiming for commercialization in 2020.” Full-screen fingerprint scanning could be the next big thing in mobile biometrics, according to comments from Precise Biometrics‘ CEO in the company’s latest quarterly update. “The…

FPC Celebrates Major Milestone: 1 Billion Biometric Sensors Shipped

FPC Celebrates Major Milestone: 1 Billion Biometric Sensors Shipped

Fingerprint Cards is celebrating a big milestone this week, announcing that it has now shipped over a billion fingerprint sensors. The Sweden-based biometrics specialist established itself over the last several years as one of the most prominent suppliers of fingerprint sensors to the mobile market, particularly with respect to Asia-made smartphones. While Fingerprint Cards never…

Biometrics Market to Hit $59.31 Billion by 2025: Report

Biometrics Market to Hit $59.31 Billion by 2025: Report

The demand for biometric technology will continue to grow, according to a new report from Grand View Research. The company’s latest analysis predicts that the biometric technology market will hit $59.31 billion by 2025, with a CAGR of 19.5 percent during the 2018-2025 forecast period. The overall pattern is in keeping with similar reports from…

More Cars Will Implement Biometric Safety Features in 2019: Fact.MR

More Cars Will Implement Biometric Safety Features in 2019: Fact.MR

A new report suggests that automotive biometrics providers are about to enjoy a lucrative year. Fact.MR valued the market for biometric driver identification systems at $10 billion in 2018, and expects that figure to skyrocket with 25 percent year-over-year growth in 2019. According to the report, much of the projected growth will come from North…

The Far-Field Voice Recognition Market is About to Skyrocket

The Far-Field Voice Recognition Market is About to Skyrocket

A new report from MarketsandMarkets suggests that the demand for far-field voice recognition tech will skyrocket in the next few years. The market is expected to jump from $969 million in 2018 to $3.5 billion by 2024 thanks to the rising popularity of smart speakers, smart TVs, and an ever-expanding range of other smart devices. North America…

Samsung Extends In-Display Fingerprint Scanning to Mid-Range Line

Samsung Extends In-Display Fingerprint Scanning to Mid-Range Line

Samsung is bringing in-display fingerprint scanning to at least one mid-range smartphone, signalling that this could become a mainstay feature in the company’s overall mobile lineup. The newly-announced Galaxy A70 smartphone (pictured above) echoes the recent flagship Galaxy S10 in some other ways, too. There’s a strong focus on imaging, with the A70 sporting a…

GSMA China Report Projects Major 5G Expansion

GSMA China Report Projects Major 5G Expansion

The GSMA has released the findings of its first Mobile Economy report on China, revealing that the mobile industry was responsible for 5.5 percent of the country’s GDP in 2018. The industry generated $750 billion in value, all while supporting 8.5 million jobs and adding $84 billion in tax revenue to the country’s coffers.   …

Report Shows Mobile Wallet Usage Rates will Continue to Rise Through 2020

Report Shows Mobile Wallet Usage Rates will Continue to Rise Through 2020

The growth of mobile wallets doesn’t look like it’s likely to slow down anytime soon. That’s according to new research from Germany’s yStats.com, which indicates that the usage rates for Apple Pay, Samsung Pay, and Google Pay will continue to rise through 2020. Apple Pay was the most popular of the three, and is expected…

GSMA: Mobile Tech is Driving Economic Development in Tanzania

GSMA: Mobile Tech is Driving Economic Development in Tanzania

Mobile technology is playing a vital role in the ongoing economic development of Tanzania. A new GSMA report found that the country’s mobile operators generated $2.5 billion in value in 2016 alone, a figure that represents 5.2 percent of the country’s GDP. The mobile industry also creates jobs for around 1.5 million Tanzanian people, which…

Goodix Exec: US-China Trade War Slowing Mobile Biometrics Market Growth

Goodix Exec: US-China Trade War Slowing Mobile Biometrics Market Growth

The US-China trade war is slowing growth in the mobile biometrics market, suggest comments made by a senior Goodix executive at the latest Mobile World Congress. Speaking to the Nikkei Asian Review, Goodix CTO and COO Pi Bo said, “Under the current conditions, it has become very unlikely for Chinese tech companies like us to…

Financial Institutions Still Rely on Vulnerable Password Security: Report

Financial Institutions Still Rely on Vulnerable Password Security: Report

In recent years, more and more financial institutions have turned to biometric technology to improve security and customer service, incorporating solutions that range from voice banking software to facial recognition scans at ATMs. However, a new report from OneSpan suggests that it will take a considerable push to make the full transition to biometric authentication…

5G Networks to Reach 2.7B People by 2025: GSMA Report

5G Networks to Reach 2.7B People by 2025: GSMA Report

“…the report predicts that by 2025, there will be about 1.4 billion 5G connections around the world, accounting for 15 percent of the global mobile market.” Just ahead of this year’s Mobile World Congress, the GSMA has issued a new report predicting the spread of 5G networks and the transformative impact it will deliver together…

Gemalto Places Volume Order for Biometric Card Tech from FPC

Gemalto Places Volume Order for Biometric Card Tech from FPC

As it works toward commercially launching biometric payment cards, Gemalto has ordered fingerprint scanning technology from Fingerprint Cards. More specifically, Gemalto is leveraging Fingerprints’ T-Shape fingerprint sensor module and its recently announced Biometric Software Platform in the continuing development of payment cards that can scan a user’s fingerprint for authentication during transactions. Announcing the order…

Samsung Introduces In-Display Fingerprint Biometrics with Galaxy S10

Samsung Introduces In-Display Fingerprint Biometrics with Galaxy S10

The cat is out of the bag, and the fingerprint sensor is under the display in Samsung’s latest flagship smartphone, the Galaxy S10. In officially announcing the new device this week, just ahead of this year’s Mobile World Congress in Barcelona, Samsung was keen to emphasize the all-around technical prowess of the S10, but the…

Americans Want More Biometrics in the Workplace: Survey

Americans Want More Biometrics in the Workplace: Survey

Veridium has shared the findings of its Biometric Consumer Sentiment Survey, revealing that more adults are warming to the benefits of biometric authentication. The survey found that a full 70 percent of respondents would like to see biometric authentication used more often in the workplace, alternately citing speed, security, and convenience (and the difficulty of…

OPPO K1 India Launch to Further Expand Reach of In-Display Fingerprint Tech

OPPO K1 India Launch to Further Expand Reach of In-Display Fingerprint Tech

“Other features of the OPPO K1 include a 6.4″ Super AMOLED display, a Snapdragon 660 processor, a 25MP selfie camera, a dual 16MP and 2MP rear-facing camera system, and a 3,600mAh battery.” OPPO’s K1 smartphone will soon launch in India, further spreading the reach of in-display fingerprint sensor technology after the device’s launch in China…

MIT AI Policy Congress Discusses the Need for Ethical AI Regulation

MIT AI Policy Congress Discusses the Need for Ethical AI Regulation

The inaugural MIT AI Policy Congress recently convened in Massachusetts, bringing together leading researchers, industry insiders, and policy experts for a series of discussions about the future of artificial intelligence. Hosted by MIT’s Internet Policy Research Initiative (IPRI) and the Organization for Economic Cooperation and Development (OECD), the conversation stressed the importance of collaboration and…

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