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: Drivers & restraint
- 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.
- 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.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2021-2027 (2021 estimated year, forecasted up to 2027)
Value (USD Million)
Type, Technology, Application, and Region
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
- 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
- Others (Ultrasonic)
Fingerprint Sensor Market, by Application
- Consumer Electronics
- Aerospace & Defense
- Smart Homes
- Travel & Immigration
Fingerprint Sensor Market, by Region
- North America
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- 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?
- 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