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Press Release


  • TrendForce Projects Huge Market Growth for Optical Sensors Used in Iris/Facial Recognition with 2017~2025 CAGR at 24%
    03-02-2017 / Joanne Wu
    The respective additions of 3D Sensing and iris recognition into the next-generation iPhone devices and Samsung Galaxy S8 will generate a new wave of demand for IR (infrared) LEDs used in optical sensors. LEDinside, a division of TrendForce, has recently published its 2017 IR LED/IR Laser and Optical Sensor Market Report. In the report, LEDinside states that that the global market scale of IR LED and IR laser components used in iris and facial recognition solutions will grow from US$145 million in 2017 to US$827 million in 2025. The CAGR in the forecast period is estimated at 24%. [ more ]
  • Diverse Applications to Expand Global IR LED Market to US$792 Million in 2021, Says TrendForce
    09-26-2016 / Joanne Wu
    The value of the infrared (IR) LED market worldwide continues to grow due to rising demand in various applications markets, according to the 2016~2021 Global LED Industry Demand and Supply Database Report by LEDinside, a division of TrendForce. Applications such as security surveillance systems , virtual reality (VR) devices and facial and iris recognition solutions will push up the value of the global IR LED market from about $300 million in 2016 to US$792 million in 2021. Note this estimation excludes revenue from the optical sensor market. [ more ]
  • Samsung’s Galaxy Note 7 Opens New Opportunities in IR LED Market, Says TrendForce
    08-11-2016 / Roger Chu
    In response to the rising demand for mobile payment, Samsung’s latest flagship smartphone Galaxy Note 7 includes iris recognition as a standard feature that assists in user authentication. The arrival of Galaxy Note 7 is expected to trigger a new round of hardware competition among smartphone brands as they will also likely to incorporate iris recognition into their flagship devices. According to the latest analysis from LEDinside, a division of TrendForce, iris and facial recognition features will gradually become prevalent in mobile devices. LEDinside further estimates that in 2020, global shipments of mobile devices with the iris and facial recognition features will reach 400 million units. By that time, the market value of infrared LEDs (IR LEDs) for iris and facial recognition will total around US$250 million. Thus, biometric recognition has become one of the most potentially profitable applications for IR LEDs. [ more ]
  • Mobile Payment Expands into Various Consumer Applications and Will Add Wearables and Cars into Its Ecosystem This Year, Says TrendForce
    03-15-2016 / Kelly Hsieh
    At this year’s Mobile World Congress (MWC), the mobile payment industry took another significant step in progress with the reveal of several cross-device payment services. Visa, for example, announced that it has partnered up with smartwatch maker Pebble and auto giant Honda to bring Visa’s payment services into cars and wearable devices. [ more ]
  • TrendForce Expects Facial Recognition to Hit US$450 Million in Market Value in 2019 Due to the Rise of Smart Security and Smart Retail Applications
    01-25-2016 / Christy Lin
    Facial recognition technology is expected to enjoy accelerated growth over the next five years as its applications emerge in the government, enterprise, finance, consumer and other market sectors. According to the global market research firm TrendForce, the market value of facial recognition solutions is projected to reach US$230 million in 2015 and will grow to an estimated US$450 million in 2019. [ more ]