Advertising & PromotionGrowth in Specialized Devices and Smartphones Drive Biometric Hardware Revenues to US$9 Billion by 2027
According to a recent report from global intelligence firm ABI Research, revenues for biometric hardware devices are set to reach US$9 billion worldwide by 2027. Alongside strong growth in biometric devices, rising in revenue from US$7 billion in 2022, consumer electronics (smartphone, tablet, wearable) biometric capability will markedly increase in future years. Fingerprint sensor revenues will remain at a steady US$1.5 billion annually, with attach rates for face, voice, vein, ECG, and gesture biometrics increasing rapidly. There are two angles to look...