Security of consumer tech devices- Statistics & Facts

Consumer electronics security

Nowadays people store important information on their electronic devices, especially smartphones, with consumers often making purchases via mobile services like PayPal and Apple Pay. However, smartphone users may be at risk, for example having their devices accessed by cybercriminals and, therefore, want to protect their devices. When talking about the security of consumer electronics, we can think of unlocking our smartphones through fingerprint and/or facial recognition sensors. Both the fingerprint sensor and facial recognition markets are expected to grow in the coming years. Indeed, the number of fingerprint sensors shipped worldwide amounted to around 380 million in 2021, while the facial recognition market size is forecast to peak at 12.9 billion U.S. dollars by 2027.
There is also the possibility for consumers to set up passwords to control who accesses their devices or download firewalls and antivirus software to protect them from computer threats like ransomware and spams. For instance, Bitdefender and Kasperksy are said to provide the best protection against the above-mentioned threats, while Simantec Corporation and McAfee are the best vendors for Windows anti-malware applications.

Smart home security

Security is one of the main goals people want to achieve when making their homes smart. In fact, the smart home security market has grown significantly in the last five years and is expected to reach a revenue figure of over five billion U.S. dollars by 2025. The market is made up of several products such as smart security cameras, smart locks and doorbells, and motion detectors. Despite growing on a global level, the United States and China rule over this market, with expected revenues of 8.95 and 6.76 billion U.S. dollars, respectively, in 2026.

The other side of the coin: consumers’ concerns

Despite their pros, fingerprint access, facial recognition, IT and smart home security systems have also their cons. Consumers are, indeed, worried about some aspects of biometrics technology and smart home security devices. For instance, during a 2021 survey on biometrics, it was found that consumers are concerned about being linked to databases leading to mass surveillance and misidentification. Moreover, a Statista survey revealed that people living in smart homes are concerned with potentially being spied on through their smart home security devices.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.