Release date: 2014-09-22
Research organization Frost & Sullivan (Froost Sullivan Consulting, Global Business Growth Consulting) recently released a market development report on biometrics on the mobile side. The report believes that the development of global mobile payment requires a secure authentication system, which will drive the organism. Identification of development.
More than just mobile payments, social media and mobile e-commerce development also require a secure authentication system. Biometrics will be a better alternative to traditional authentication techniques.
According to the Frost & Sullivan survey, the number of biometric-enabled mobile phones in 2013 was 43.23 million, and by 2017, the number of biometric-enabled smartphone users will reach 471 million.
Analysts from Frost & Sullivan believe that the vast majority of biometric growth is voice and face recognition technology.
Although the application of fingerprint authentication technology in new devices will promote the development of biometrics, the acceptance of fingerprint recognition will be infertile until the market begins to have more accurate and more complex authentication software.
Frost & Sullivan also believes that the main problem currently hindering the development of biometrics is the lack of investment in infrastructure, while consumers are less willing to disclose personal information.
The reporter learned that in the recent consumer experience survey, the application of biometrics in mobile payment will be a breakthrough point. The convenience brought by biometrics will obscure consumers' concerns about personal privacy and will have strong performance in mobile phones.
Source: Zhongguancun Online
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