The fingerprint sensor market –- energized by the...
The fingerprint sensor market -- energized by the introduction of the iPhone 5s last year and by the Samsung Galaxy S 5 in the spring -- is expected to reach $14.35 billion in 2020, said a report from MarketsandMarkets (http://bit.ly/1qfw1Ro).…
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Among the drivers fueling the fingerprint sensor market are increasing demand for simple, secure user access to mobile devices, mobile commerce and high adoption rates of smartphones, the company said Tuesday. Laptops own the highest share of fingerprint applications, but the segment will be surpassed by smartphones by 2020, with smartphone sensor sales expected to grow at a projected compounded annual rate of 56 percent from now until 2020, it said. Reductions in size of fingerprint sensors will enable integration in smartphones without sacrificing other functionality, it said.