Fingerprint Sensor Market in Europe 2022-2026

Fingerprint Sensor Market in Europe 2022-2026

Technavio has been monitoring the fingerprint sensor market in Europe and it is poised to grow by 436.52 mn units during 2022-2026, decelerating at a CAGR of 15.78% during the forecast period. Our report on the fingerprint sensor market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising number of data security breach incidents and extensive use of fingerprint sensors in consumer electronic devices for biometric authentication. In addition, the rising number of data security breach incidents is anticipated to boost the growth of the market as well.

The fingerprint sensor market in Europe analysis includes the application segment and geographic landscape.

Technavio's fingerprint sensor market in Europe is segmented as below:

By Application

• Mobile
• PC
• Access

By Geographical Landscape

• Germany
• UK
• France
• Rest of Europe

This study identifies the rising adoption of biometric systems in enterprisesas one of the prime reasons driving the fingerprint sensor market growth in Europe during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on fingerprint sensor market in Europe covers the following areas:

• Fingerprint sensor market sizing
• Fingerprint sensor market forecast
• Fingerprint sensor market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fingerprint sensor market vendors in Europe that include CMOS Sensor Inc., Egis Technology Inc., Fingerprint Cards AB, id3 Techologies, NEXT Biometrics Group ASA, Qualcomm Inc., Shanghai OXi Technology Co. Ltd, Shenzhen Goodix Technology Co. Ltd., Synaptics Inc., and VKANSEE. Also, the fingerprint sensor market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.