Industry News

STMicroelectronics and Valencell Launched Development Kit for Biometric Wearables

Switzerland: STMicroelectronics, a global semiconductor manufacturer, and Valencell, a biometric sensor technology provider announced launch of a new powerful and highly accurate scalable development Kit for biometric wearables. It integrates STMicroelectronics’s SensorTile turnkey multi-sensor module with Valencell’s Benchmark(TM) biometric sensor system.

Collaboration of Valencell with STMicroelectronics expands on previous work that incorporated STM32 MCUs and sensors from STMicroelectronics into Valencell’s Benchmark sensor system.

TechSci Research depicts that with this collaboration, the prototyping, evaluation, and development of innovative wearable and IoT solutions will be simplified by delivering a complete Valencell PerformTek technology package. Further, with growing technological advancements and usage, Biometrics market will grow significantly all across the globe.

According to the recent report published by TechSci Research, Global Biometrics Market By Type (Fingerprint Recognition, Facial Recognition, Hand/Palm Recognition, Iris Scanner, Voice Recognition, Vein Scanner & Others), By End Use Sector, By Region, Competition Forecast and Opportunities, 2011 – 2021”, the global biometrics market is projected to cross US $ 24.8 billion by 2021. Fingerprint recognition biometric systems are the most preferred type of biometric systems used across the globe, owing to their ease of use, low cost, high speed and accurate results. However, in terms of growth, vein scanner biometrics systems segment is anticipated to outpace fingerprint recognition biometrics systems over the next five years. In 2015, North America dominated the global biometrics market, and the region is anticipated to maintain its dominance over the next five years as well

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