Fingerprint Sensor Market by Type (Area & Touch, Swipe), by Technology (Thermal, Capacitive) by Application (Consumer Electronics, Government) by Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast from 2020 To 2027

Fingerprint Sensor Market - Global Industry Analysis and Forecast 2020 to 2027

Fingerprint Sensor Market: Summary

The Global Fingerprint Sensor Market is projected to reach a value of over USD 14.6 billion by 2027 at a CAGR of around 18.4%.

The fingerprint sensor is a type of sensor which is used in a fingerprint detection device. These devices are mainly inbuilt in the fingerprint detection module and it is used for computer or any electronic device safety and security. The working principle of the fingerprint sensor mainly depends on the processing. The fingerprint processing mainly includes two elements such as enrollment and matching. The global players in the fingerprint sensor market are Apple Inc., Shenzhen Goodix Technology Co., Ltd., Synaptics Incorporated, Qualcomm Technologies, Inc., and HID Global Corporation/ASSA ABLOY AB among others.

Fingerprint Sensor Market

Fingerprint Sensor Market: Drivers & restraint

Market Driver:

  • Increasing Need of Biometric Authentication in Consumer Electronic Devices

In the past few years, the consumer electronics is growing at faster rate. This consumer electronics industry includes products such as smartphone, laptops, PCs, and many other products who drive the consumer electronics market. Moreover, in recent five years, data theft issues are also increases and all the consumer electronic products need two factor authentication or double security to protect the devices. The biometric authentication can be used as primary as well secondary method of security and hence, it will drive the fingerprint sensor market during next five years.       

Market Restraint:

  • Usage of Facial Recognition Technology

Face recognition is a method of identifying or verifying the identity of an individual using their face. Face recognition systems can be used to identify people in photos, video, or in real-time. Law enforcement may also use mobile devices to identify people during police stops. In terms of fingerprint, user have to put their thumb or any finger to place on the phone but in case of facial recognition, user have to bring their phone or any facial recognition technology enabled device in level with eye. As compared with fingerprint, facial recognition is more popular now a day due to their service offering, flexible operation, high security, and many other services. Hence, it will restrain the fingerprint sensor market during forecast period.          

Fingerprint Sensor Market: Key Segments

  • Segmentation based on type: Swipe Sensors and Area & Touch Sensors
  • Segmentation based on technology: Thermal, Capacitive, Optical, and Others (Ultrasonic)
  • Segmentation based on application: Consumer Electronics, Government, BFSI, Aerospace & Defense, Healthcare, Smart Homes, Travel & Immigration, and Others
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Fingerprint Sensor Market: Report Scope

The report on the fingerprint sensor market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type, Technology, Application, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • Apple Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Shenzhen Goodix Technology Co., Ltd.
  • Synaptics Incorporated
  • Qualcomm Technologies, Inc.
  • HID Global Corporation/ASSA ABLOY AB
  • Egis Technology Inc.
  • NEXT Biometrics
  • Q Technology (Group) Company Limited
  • id3
  • Japan Display Inc.
  • ELAN Microelectronics Corp
  • IDEX ASA
  • CrucialTrak, Inc.
  • CMOS Sensor Inc.
  • Other Key Companies

FINGERPRINT SENSOR Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Fingerprint Sensor Market, by Type

  • Swipe Sensors
  • Area & Touch Sensors

Fingerprint Sensor Market, by Technology

  • Thermal
  • Capacitive
  • Optical
  • Others (Ultrasonic)

Fingerprint Sensor Market, by Application

  • Consumer Electronics
  • Government
  • BFSI
  • Aerospace & Defense
  • Healthcare
  • Smart Homes
  • Travel & Immigration
  • Others

Fingerprint Sensor Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Switzerland
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Fingerprint Sensor Market Providers
  • Fingerprint Sensor Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Fingerprint Sensor Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE Fingerprint Sensor MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Need of Biometric Authentication in Consumer Electronic Devices
      2. Rapid Adoption Fingerprint-Based Authentication Systems for Various Portable Applications by The Government
    3. Restraint
      1. Usage of Facial Recognition Technology
    4. Opportunities
      1. Emergence of Biometric Smart Cards in BFSI Industry
      2. Increasing Demand for In-Display Fingerprint Sensor
    5. Challenges
      1. Lack of Technological Awareness
  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Technological Impact Analysis
  2. GLOBAL FINGERPRINT SENSOR MARKET BY TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Swipe Sensors
    3. Area & Touch Sensors
  3. GLOBAL FINGERPRINT SENSOR MARKET BY TECHNOLOGY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Thermal
    3. Capacitive
    4. Optical
    5. Others (Ultrasonic)
  4. GLOBAL FINGERPRINT SENSOR MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Consumer Electronics
    3. Government
    4. BFSI
    5. Aerospace & Defense
    6. Healthcare
    7. Smart Homes
    8. Travel & Immigration
    9. Others
  5. GLOBAL FINGERPRINT SENSOR MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Switzerland
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  6. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  7. COMPANY PROFILES
    1.  Apple Inc.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Shenzhen Goodix Technology Co., Ltd.
    3. Synaptics Incorporated
    4. Qualcomm Technologies, Inc.
    5. HID Global Corporation/ASSA ABLOY AB
    6. Egis Technology Inc.
    7. NEXT Biometrics
    8. Q Technology (Group) Company Limited
    9. id3
    10. Japan Display Inc.
    11. ELAN Microelectronics Corp
    12. IDEX ASA
    13. CrucialTrak, Inc.
    14. CMOS Sensor Inc.
    15. Other Key Companies
  8. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : SC 0117

Published : September, 2020


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