People Counting,Footfall Analytics For Public Space,Retail Foot Traffic Analysis,People Counting Analysis OP Retail (Suzhou) Technology Co., Ltd , https://www.opretailtech.com
Fingerprint identification technology, once considered a niche security solution, has now become a key focus for major tech companies such as Samsung, Microsoft, and Apple. As this biometric method gains traction in consumer electronics, it has also captured the attention of investors. Since Apple introduced fingerprint recognition on the iPhone 5S in 2013, companies like Chipbond in Taiwan saw a significant stock rise, exceeding 30%. According to IBG, a leading biometric research firm, the global fingerprint technology market is expected to grow rapidly, with an estimated value of nearly 10 billion yuan over the past five years.
With the rapid expansion of the mobile internet, smartphones are increasingly resembling PCs in functionality. This shift has made mobile phone security a top concern for users. However, most current security measures still rely on simple PINs or pattern locks, which are vulnerable to hacking. Fingerprint scanning offers a more secure and convenient alternative, as it uses unique biological patterns that are difficult to replicate.
There are two main tasks in a fingerprint scanning system: capturing the image of a finger and verifying whether the ridges and valleys match previously stored data. Two common methods are optical and capacitive scanning. Optical scanners use CCD sensors similar to digital cameras, while capacitive scanners detect electrical signals from the skin’s ridges and valleys. Capacitive systems are more secure because they require actual physical patterns rather than visual impressions, and they are also smaller due to their reliance on semiconductor chips.
Although some laptops have adopted fingerprint recognition, its adoption has been limited. Smartphones, on the other hand, are more suitable for this technology due to their touch-based interfaces. As a result, fingerprint authentication is becoming a standard feature in modern smartphones, offering both convenience and enhanced security.
In China, several companies are actively involved in fingerprint technology. Fujin Electronics (600203), part of Furi Electronics, and Weier Technology under Hang Seng Electronics (600570) are among the leaders. Hunchun Baoli, a subsidiary of Furi Electronics, is the world's largest manufacturer of car fingerprint identification systems, with strong technical capabilities in this field. Meanwhile, Zhejiang Wells Technology, a subsidiary of Hang Seng, specializes in biometric solutions and continues to innovate in this area.
Fingerprint technology is widely used in corporate attendance systems, where it helps eliminate issues like time-clock punching and ensures accurate, fair records. It is also gaining popularity in smart communities, where it simplifies access control, parking, and daily transactions. The fingerprint lock market is booming, offering a secure and convenient alternative to traditional keys.
Beyond these applications, fingerprint recognition is being integrated into passports, visas, and ID cards, enhancing security and efficiency. As the technology advances, it is expected to expand further into areas like banking, healthcare, and home automation.
With improvements in algorithms and miniaturization, fingerprint recognition is becoming more accurate and affordable. Combining it with IC cards opens up new possibilities, such as secure financial transactions and identity verification. As the technology matures, its applications will continue to grow, making it an essential part of everyday life.