Smartphones with fingerprint sensors are expected become more ubiquitous in the future as sensors become more in-demand and affordable, according to a report from PC World.
At present, the technology is mostly found in premium phone models from Samsung and Apple. Chinese companies such as Huawei and Oppo are also incorporating it into their handsets, with Gionee and Yulong soon to follow.
More phone makers are expected to follow suit as the prices of fingerprint sensors continue to drop following a significant cost reduction of around 25 per cent in 2014.
Jörgen Lantto, the CEO of Swedish sensor maker Fingerprint Cards, commented that the market is taking off, adding that it’s already possible to manufacture a US$150 smartphone with this security feature
Aside from the lower prices, another demand booster is Google’s plan to support fingerprint sensors in Android M, its new generation mobile OS. This will make it easier for service providers and application developers to utilise this hardware. Another market driver is the expectation that smartphones will replace wallets in future.
“The adoption rate across a broader range of products will grow faster now,” noted Anthony Gioeli, the VP for marketing in the biometrics division of Synaptics.
Looking ahead, Lantto expects about 50 per cent of all smartphone units sold next year to have fingerprint sensors. He is so bullish about the prospects of this market that his company has raised its revenue target for 2015 from around 1.5 billion Swedish kronor to 2.2 billion Swedish kronor.