ABI: Fingerprint Sensors to Rise at 10.3% CAGR, Facial Recognition Dominant

Global shipments of fingerprint sensors for smartphones are expected to reach 1.26 billion units this year and increase at a 10.3 percent compound annual growth rate through 2023, despite competition from facial recognition, which will gain wider adoption, said ABI Research Thursday. Top smartphone brands like Apple, Huawei, LG, Samsung and Xiaomi are driving market acceptance of facial recognition, and those apps will rise at a 26.9 percent five-year CAGR, it said. “End-users certainly have a lot of biometric upgrades to look forward to in the coming years.”