Global Biometric Adoption Soars as Biometric Smartphone Prices Plunge; 120 Models for $150 or Less
DENVER, Jan. 23, 2017 /PRNewswire-USNewswire/ -- The latest mobile market research from Acuity Market Intelligence reveals that biometric smartphone prices have dropped dramatically. The quarterly average price of a biometric smartphone decreased from $849 in Q1 2013 to $276 in Q4 2016. There are now 120 sub-$150 models on the market at an average price of $116, up from just 28 a year ago at an average price of $127.
According to Maxine Most, Acuity Market Intelligence Principal, "Biometric Smartphones are a global phenomenon offered by 87 handset vendors. At 7% model share, ZTE is the market leader followed by Huawei at 6.2%, and Lenovo, Xiaomi, and Coolpad each at about 4%. Samsung falls just below this threshold offering 3.4% of the biometric smartphone models. Another 22 vendors each offer at least 1% of the total number of models with the remaining 59 vendors collectively offering 35% of currently available biometric smartphone models."
"India's Government recently called for domestic handset manufactures to develop $30 smartphones," says Most, a leading biometric market expert. "Integrating biometrics into smartphones at this price point would not only transform the Indian market of one billion, but would pave the way for mass replacement of traditional handsets across Asia, Africa, and the rest of the developing economies creating a globally available, universal biometric authentication platform."
"Though Android is the principal operating system powering 97% of all biometric smartphone models, Apple remains the dominant player capturing 45%-unit market share of the nearly one billion biometric smartphones in use today with just a handful of iPhone models," Most said. "However, with 500 biometric smartphone models available from 87 vendors in 22 countries offered at rapidly plunging price points, global accessibility with reshape the market landscape."
Acuity's "Biometric Smartphone Update" offers detailed information on every biometrics smartphone on the market including brand, model, biometric mode, sensor, OS, price, availability, and links to detailed specifications and reviews. Preview at www.acuity-mi.com/BSP.php.
"The Global Biometrics and Mobility Report" provides unit and revenue forecasts for biometric smartphones, tablets, and wearables, and biometric apps and payment. Preview at vwww.acuity-mi.com/GBMR_Report.php.
About Acuity Market Intelligence Acuity Market Intelligence (www.acuity-mi.com) is an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometric and digital identity market trends.
Contact: Acuity Market Intelligence +1 303 449 1897
SOURCE Acuity Market Intelligence
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