http://www.acuity-mi.com/GBMR_Report.php The market for...

http://www.acuity-mi.com/GBMR_Report.php

The market for Biometrics is staggering, with latest projections now suggesting that global mobile biometric market revenues will reach $33.3 billion annually. When you think of WBT's technologies and just how close they are to rolling out, my mind boggles.

The Global Biometrics and Mobility Report:
The Convergence of Commerce and Privacy
Market Analysis and Forecasts 2014 to 2020​

"Mobility is the driving force that will unleash
the long awaited biometric revolution!"
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Acuity projects that by 2020, global mobile biometric market revenues will reach $33.3 billion annually. This includes 4.76 billion biometrically enabled smart mobile devices generating $6 billion in biometric sensor revenue, 4 billion biometric app downloads generating $20 billion in annual revenues from direct purchase and software development fees, and 825 billion biometrically secured payment and non-payment transactions generating $6.8 billion in authentication fees.

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Acuity segments the mobile biometrics into three major sectors:

• Biometric Sensors embedded in smart mobile devices: smart phones, tablets, and wearables.
• Biometric Apps offered by biometric vendors, or mobile service providers such as banks, payment processors, retailers, or online identity providers, downloaded to smart devices.
• Biometric Authentication for payment and non-payment transactions provided via secure cloud-based services linked to smart device Biometric Apps.

"Biometrics are a natural fit for the smart mobile devices we literally hold onto nearly every waking hour. The explosion in the use of smart devices over the past five years, along with anticipated growth over the next five -- especially in developing economies where sub $100 smart phones have begun to alter the mobile landscape -- will bring biometrics into the daily lives of half the global population. By 2020, 100% of smart mobile devices will include embedded biometric sensors as a standard feature"

Cheers
GF