by PaymentsJournal | June 4, 2020
Data for today’s episode is provided by Mercator Advisory Group’s report – Biometrics: Driven by Standardized Authentication, Adopted by Consumers.
By 2024, How Many Smartphone Owners Will Use Biometrics?
- By 2024, Mercator forecasts that 66% of smartphone owners will use biometrics for authentication.
- Currently, Mercator estimates that 41% of smartphone owners are using biometrics.
- Just one year ago, in 2019 only 27% of consumers used biometrics to authenticate.
- Although fingerprint readers remain the top option for authentication, an increasing percentage of users are reporting facial and voice recognition.
- Voice recognition increased to 20% of biometric authentication in the last year – up from 11% in 2019.
- Facial recognition jumped to nearly 30% of biometric authentication, up from 11% in 2019.
- Phone brands play a big role in dictating authentication methods, with Android and iPhone owners clearly emerging as more likely to use voice and facial recognition.