Smartphone fingerprint sensors – additional information
Fingerprint sensors, which are used for authentication and mobile security, are gaining popularity in the smartphone industry. Despite existing issues regarding security and possible identity theft/fraud, smartphone with fingerprint sensors are a promising segment of this industry with significant growth projections for the coming years. Shipments of smartphones with fingerprint sensors worldwide are forecast to increase from 246 million units to more than one billion units by 2018, while the penetration rate of this type of device is expected to total 67 percent by the same year.
Only a few smartphone manufactures have explored this feature before the release of Apple’s Touch ID. Apple’s fingerprint recognition, Touch ID, was the first one implemented into an operating system. Announced in late 2013, Apple shipped 175 million iPhones with fingerprint sensors worldwide in 2014. By 2018, shipment of Apple’s iPhone with fingerprint sensors is forecast to increase to 245 million units. Samsung, leading global smartphone vendor, is also investing in fingerprint sensors. The South Korean company is projected to nearly double its shipment of smartphones with fingerprint sensors between 2015 and 2017, and shipments of Samsung smartphones with fingerprint sensors are expected to total 228 million units by 2018.
With this projected increase in demand and popularity of smartphones with a fingerprint sensor, the average selling price of fingerprint sensors worldwide is forecast to drop from 5.5 U.S. dollars in 2014 to 2 U.S. dollars by 2020, making the technology accessible for smartphone manufactures and customers, and encouraging the production of low-end devices featuring the sensor.