Global Fingerprint Sensor Market Size study, By Technology (Capacitive, Optical, Thermal, Ultrasonic), By Sensor Technology (2D, 3D), By Type (Area and Touch Sensors, Swipe Sensors), By Products (Authentication System in Smart Device, Attendance Recording System, Access Control Systems, Biometric Smartcards, Others), By End-Use (Consumer Electronics, Travel and Immigration, Government and Law Enforcement, Banking & Finance, Commercial, Automotive, Smart Homes, Healthcare, Military, Defense, and Aerospace, Others), and Regional Forecasts 2022-2028
Global Fingerprint Sensor Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.
Fingerprint sensors are fingerprint detection module that is integrated into electronic devices to maintain safety and authenticity. These sensors offer better accuracy, improved performance, and robustness as per the exclusive fingerprint biometric technology. The rising adoption of fingerprint sensors in consumer electronic devices for biometric authentication, growing implementation of biometric time & attendance systems for calculating employee productivity and work hours, and technological developments attributing towards the market growth. In addition, the increasing number of identity threats, growth of the consumer electronics industry, as well as rising R&D spendings are further key factors that are surging the market demand across the globe. For instance, according to the India Brand Equity Foundation (IBEF), in India, the appliance and consumer electronics (ACE) market were accounted for USD 10.93 billion in 2019. Moreover, the industry is likely to double to reach USD 21.18 billion by 2025. Accordingly, the growth of the consumer electronics industry is fostering the demand for fingerprint sensors, which, in turn, impels market growth. However, the rising adoption of substitute technologies, such as face and iris scanning, and threats pertaining to biometrics databases impede the growth of the market over the forecast period of 2022-2028. Also, the emergence of biometric smartcards in BFSI applications and the latest trend of in-display fingerprint sensors in smartphones are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Fingerprint Sensor Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the adoption of novel technologies, along with surging demand for the smartphone. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growth of the consumer electronics sector, as well as the presence of the leading companies, would create lucrative growth prospects for the Fingerprint Sensor market across the Asia-Pacific region.
Major market players included in this report are:
Fingerprint Cards AB
Synaptics
Apple Inc.
Egis Technology, Inc.
Crucialtec Co. Ltd.
Novatek Microelectronics Corp.
Qualcomm
CMOS Sensor Inc.
ELAN Microelectonics Corp.
Japan Display Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Capacitive
Optical
Thermal
Ultrasonic
By Sensor Technology:
2D
3D
By Type:
Area and Touch Sensors
Swipe Sensors
By Products:
Authentication system in smart device
Attendance recording system
Access Control Systems
Biometric Smartcards
Others
By End-Use:
Consumer Electronics
Travel and Immigration
Government and Law Enforcement
Banking & Finance
Commercial
Automotive
Smart Homes
Healthcare
Military, Defense, and Aerospace
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Fingerprint Sensor Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Fingerprint Cards AB
Synaptics
Apple Inc.
Egis Technology, Inc.
Crucialtec Co. Ltd.
Novatek Microelectronics Corp.
Qualcomm
CMOS Sensor Inc.
ELAN Microelectonics Corp.
Japan Display Inc.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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