Fingerprint Sensors Market Research Report by 2021, Forecast till 2027 | Emergen Research

The increasing number of security breaches and extensive rise in the adoption of fingerprint biometric systems in smartphones & IoT devices are the major factors influencing the market growth.

Fingerprint Sensors market size is forecasted to be worth USD 10.36 billion by 2027, according to a current analysis by Emergen Research., that offers a comprehensive analysis of the Global Fingerprint Sensors Market that offers beneficial information to the users to offer an overview of the Fingerprint Sensors market.

Extensive growth in the smartphone usage and higher requirement of effortless quick biometric security in smartphone and tablet devices have been a substantial impulsive factor behind the growth of this market growth. Smartphone manufacturers have been investing enormously in the research development of various types of fingerprint biometric techniques and implementing those in smartphones tablets.

The report covers the rapidly changing market scenario and offers an initial and future assessment of the impact of the Fingerprint Sensors market. The research report is furnished with data validated from the experts, along with an analysis of the historical data. It also discusses growth prospects, industry facts, sales figures, distribution channels, competitive landscape analysis, market shares, gross margin, key regions, demand trends, and developments, among others.

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Global Fingerprint Sensors Market Segmentation:

The market has been divided into types, applications, and regions. The report offers a growth analysis of each segment to provide an accurate calculation and forecast of sales in the time period 2020-2028. The analysis offers strategic insights that provide fruitful information to the readers to help them capitalize on the business offerings.

Market Segments

  • Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Capacitive
    • Optical
    • Thermal
    • Ultrasonic
  • Industry Vertical Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Consumer Electronics
    • Government Defense
    • Banking, Financial services, and Insurance (BFSI)
    • IT Telecommunication
    • Retail and E-commerce
    • Human Resource
    • Healthcare
    • Others
  • Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Minutiae-based Matching
    • Pattern Matching
  • Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Hardware
    • Software
  • System Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Unimodal Biometric Systems
    • Multimodal Biometric Systems

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Some Key Highlights From the Report

  • In June 2020, TCL and China Star Optoelectronics Technology Co., Ltd (CSOT) revealed their recent development of a new full-screen single-point in-display fingerprint technology for the LCD screens. This new fingerprint sensor is also said to have an ultra-high fingerprint recognition rate that is supposed to reach the level offered by the existing OLED displays with under-display fingerprint sensors and even could have the potential to surpass it.
  • The ultrasonic fingerprint recognition sub-segment is growing with the fastest growth rate of 19.2% during the projected period with an extensive implementation in the smartphone industry owing to higher accuracy precision in a sonic-pulse wave-based three-dimensional fingerprint image sensing system.

Major Players Profiled in the Report:

  • Honeywell Commercial Security
  • Axis Communications
  • Bosch Security and Safety Systems
  • FLIR Systems
  • Panasonic i-PRO Sensing Solutions
  • NEC
  • Nice Systems
  • Huawei Technologies
  • Hanwha Techwin
  • CP Plus

Global Fingerprint Sensors Market Regional Analysis:

The developing regions including China, India, Vietnam, Taiwan, and South Korea in the Asia Pacific are experiencing a rapid development in the smartphone electronic devices and growing incidences of security threats, and a huge concern for the personal authentication along with a higher economic development in the developing countries deliberately help propel the market enforcement.

The report also covers an in-depth analysis of the key geographical regions as well as their countries. It further covers radical insights about the key market players along with their company overview, total revenue, market share and size, price analysis, product portfolio, and strategic initiatives adopted by the companies.

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