“Telecom, banking, and payments were the industries most invested in smart card applications, while the Asia Pacific region was the biggest 2018 smart card market geographically.” A new report from Adroit Market Research predicts that the global smart card market will hit $32.65 billion by 2025. Contact-based cards currently represent the largest portion of that…
“By sticking In-display fingerprint sensors and cameras behind the screen, manufacturers increase the amount of real estate available on its face.” A new report from ABI Research suggests that smartphones manufacturers looking to maximize screen size should be investing in biometric tech rather than flexible or foldable screens. The report arrives as those same manufacturers…
“…Yoti’s Head of Social Impact, Ken Banks, explained that many charity organizations felt that technological solutions based on smartphones would actually hinder access to services, since many charity recipients will either not have the required hardware or technological literacy to confidently use the new tools.” Yoti has concluded its research on the digital identity needs…
“…66 percent of all respondents said they were unlikely to do business with an organization that suffered a data breach in which sensitive information was compromised.” Newly published survey research is further highlighting the need for companies to protect consumer data. Conducted by Vanson Bourne on behalf of Gemalto, the study polled 10,500 consumers on…
“In Southeast Asia, interview subjects showed an interest in biometric technology for identity verification and preventing fraud, and also pointed out that poor ID management could have serious consequences for individuals’ safety in states where corruption is pronounced.” Yoti is capping off its research project on digital identity in Africa and Southeast Asia with an…
“…45 percent of the financial services firms surveyed for the report said that they see major tech companies like Apple and Google as their key competitors over the next five years.” AI and smart automation could add up to $512 billion in revenues to the financial services industry over the next couple of years, according…
Goode Intelligence is predicting some serious growth for biometric technology in the banking sector. In a new report entitled “Biometrics for Banking: Market & Technology Analysis, Adoption Strategies and Forecasts 2018-2023 – Second Edition,” the market research firm predicts that by the end of 2020, 1.9 billion bank customers around the world will be using…
Starbucks, of all companies, is leading the mobile payments race, beating out Apple Pay, Google Pay, and Samsung Pay, according to a new market report from eMarketer. The market research firm estimates that this year about 23.4 million people aged 14 and over will use the Starbucks app for an in-store purchase at least once…
A market research firm is predicting massive growth for the Internet of Things. IDC says that by 2020, the IoT market will be valued at a whopping $1.7 trillion, having skyrocketed from last year’s valuation of $655.8 billion. The firm gets pretty detailed with its predictions, going so far as to estimate the number of…
Market research firm Tractica believes that we’re on the cusp of an explosion in the wearable tech market. In a new report, the firm asserts that the nascent wearables market taking shape with the smartwatch is going to usher the broader smart clothing and body sensor market into the mainstream. In its report, the firm…
Analysis from TechNavio predicts strong growth for the voice recognition market over the next few years. Entitled “Global Voice Recognition Market 2015-2019”, the new market study predicts growth of 9.4 percent CAGR for the forecast period. The report cites an increasing interest in biometric technology in general as a major market driver, and also points to the healthcare…
A new survey by 451 Research indicates that Apple Pay is “gaining momentum”, the tech market research company says. The mPayment platform is even apparently displacing PayPal. A quarter of the survey respondents who own smartphones said they expect to use an mPayment app sometime in the following 90 days – a six-point increase from a…
Market research firm Javelin Strategy & Research has come out with some new data and predictions for the Apple Watch and the overall smartwatch market. The findings are available in a report entitled “What Apple Watch Means for Banking and Payments”. Basically, it’s good news. In a synopsis, Javelin says that the release of the…
