A new report by biometric analyst group, Acuity Market Intelligence, predicts that by 2020, 100% of smart mobile devices will include embedded biometric sensors as a standard feature.Report author Maxine Most commented: “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.”Overall, from 2014-2020 the report – The Global Biometrics and Mobility Report – forecasts a CAGR of 67%. This equates to a global mobile biometric market revenue of $34.6 billion annually by 2020, up from $1.62 billion in 2014 and a predicted $4.08 billion this year.Drilling down into the data, the analyst firm predicts that by 2020 there will be 4.8 billion biometrically enabled smart mobile devices generating $6.2 billion in biometric sensor revenue, 5.4 billion biometric app downloads generating $21.7 billion in annual revenues from direct purchase and software development fees, and 807 billion biometrically secured payment and non-payment transactions generating $6.7 billion in authentication fees.

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