by providing a user-friendly, globally accessible platform.
By grabbing hold of the smartphone market, biometrics have been near universally embraced - often unknowingly - by consumers.
"What's a biometric?"
"The fingerprint sensor on you phone."
This massive, globally-available smartphone platform is driving an unprecedented opportunity for sustained biometric sensor, software, and app-based revenue as well as enormous potential for Cloud-based BIDaaS (Biometrics Identity as a Service) solutions.
The potential for consumer-driven use of mobile biometrics, and the associated revenue it will generate, is magnitudes greater than any previous application of biometrics.
ACUITY MOBILE BIOMETRICS PROJECTIONS
Biometrics will be standard on 100% of the 2.7+ billion consumer smart mobile devices sold each year.
With an installed base of 5.6 billion, 98% of all smart mobile devices in use will be biometrically enabled.
More than 16.7 billion biometric apps will be downloaded annually, and more than 1.37 trillion transactions, that require some level of biometric authentication, will be processed on mobile devices each year.