Biometric credit card firm SmartMetric has welcomed a report which states that fingerprint is the dominant modality in the biometrics industry.SmartMetric cites a report by French research group Yale, which states that “fingerprint” based biometrics dominate the biometrics hardware market with an estimated 91% market share.According to the company, this gives a value of 2016 of $4.1 Billion for fingerprint based biometrics. All other biometric hardware solutions.SmartMetric believes that while the $4.1 billion market value for 2016 of fingerprint biometric hardware is significant it is only the start of what will become a much bigger market. “As fingerprint sensor based user validation solutions proliferate into more and more industries and are used more as a leading security solution, we will see market value figures going forward that will overshadow these 2016 figures. After all we are only at the beginning of the mass adoption of biometric fingerprint technology,” said SmartMetric's President & CEO, Chaya Hendrick.The company President also stated, “We are at the beginning of the mass adoption of fingerprint biometric technology and you will see a huge increase in fingerprint sensor based tech. As we move to roll out our biometric fingerprint sensor technology for instance into credit cards you will see that fingerprint technology will become a more and more ubiquitous feature of modern life.”

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