A new report from Juniper Research has found that that more than 770 million biometric authentication applications will be downloaded per annum by 2019, up from just 6 million this year and dramatically reducing dependence on alphanumeric passwords in the mobile phone market.
The report – Human Interface & Biometric Technologies: Emerging Ecosystems, Opportunities & Forecasts 2014-2019 – found that a number of high-profile deployments of biometric authentication techniques would drive wider adoption. It highlighted Apple’s combination of Apple’s Touch ID authentication allied to tokenisation in NFC payments as a key case in this regard.
Free eBook: Modern Retail Security Risk – Get your copy now.
It argued that fingerprint authentication would account for the overwhelming majority of such apps in the medium term, driven by increasing deployment of fingerprint scanners within mid-range smartphones. However, the report found that other forms of biometric identification that do not require embedded hardware are also emerging, such as Descartes Biometrics’ ERGO ear print biometric authentication app and Nuance’s voice authentication service.
Biometrics ‘Reduces Rejection Rates’
A key benefit of biometrics identified by the report was its capability to enhance accessibility by reducing rejection rates of authentication systems. It argued that in addition to enhanced security, biometric applications can improve the user experience by making it low friction and easy for the consumer to make transactions.
The report also claimed that as consumers seek to reduce the likelihood of their social media profiles being hacked, service providers such as Facebook may turn to facial scanning to add value through increased authentication security.
However, the report cautioned that there was a real need to reassure consumers of the security of biometric technologies over alphanumeric authentication and warned that significant public education would be necessary for this potential of the technologies to be realised.
The whitepaper, ‘Human Interface Technologies ~ Small Gestures, Big Opportunities’ is available to download from the Juniper website together with further details of the full report and the attendant Interactive Forecast Excel (IFxl).
About Juniper Research
Juniper Research was founded in 2001 by the Wireless Industry Consultant Tony Crabtree, in the midst of the telecoms and dot-com crash. The business was fully incorporated in February of 2002 and has since grown to become one of the leading analyst firms in the wireless sector.
Juniper specialises in identifying and appraising new high growth market sectors within the mobile ecosystem. Market sizing and forecasting are the cornerstones of our offering, together with competitive analysis, strategic assessment and business modelling.
The opinions expressed in this post belongs to the individual contributors and do not necessarily reflect the views of Information Security Buzz.