Security News > 2020 > January > Facial recognition hardware to reach over 800 million devices by 2024

A new report from Juniper Research found that facial recognition hardware, such as Face ID on recent iPhones, will be the fastest growing form of smartphone biometric hardware.

The new research, Mobile Payment Authentication: Biometrics, Regulation & Forecasts 2019-2024, however notes that the majority of smartphone facial recognition will be software-based, with over 1.3 billion devices having that capability by 2024.

This is made possible by advances in AI, with companies like iProov and Mastercard offering facial recognition authentication that is strong enough to be used for payment and other high-end authentication tasks.

Originally envisioned for contactless payment use, the report expects over 60% of biometrically-authenticated payments in 2024 will be for authorizing remote payments.

As the longest running biometric modality, fingerprint payments will take the lead in this market as standards coalesce around the technology more easily than for facial recognition payments.

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