The Global Fingerprint Sensors Market is forecasted to be worth USD 10.36 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of in-display and capacitive fingerprint in smartphones & other IoT devices owing to its more accurate personal identification, reduced risks of security breaches, and huge overall growth of the IoT device industry.

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. Additionally, increasing usage of multimodal two-step authentication system along with a higher preference of fingerprint sensors in such multimodal systems has been a major propelling factor for this market

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Key players in the market Honeywell Commercial Security, Axis Communications, Bosch Security and Safety Systems, FLIR Systems, Panasonic i-PRO Sensing Solutions, NEC, Nice Systems, Huawei Technologies, Hanwha Techwin, and CP Plus, among others.

Fingerprint Sensors 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.

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

Fingerprint Sensors  Market Size USD 3.46 billion in 2019, Market Growth - CAGR of 14.6%, Market Trends Higher usage of under-display ultrasonic fingerprint sensors in smartphones

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.

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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The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The Global Fingerprint Sensors  Market Report offers extensive knowledge and information about the Fingerprint Sensors  market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Fingerprint Sensors  market further validated and verified by the industry experts and professionals. The Global Fingerprint Sensors  Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Fingerprint Sensors  market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

Market Taxonomy:

Chapter 1: Methodology & Scope

Definition and forecast parameters

Methodology and forecast parameters

Data Sources

Chapter 2:

Executive Summary

Business trends

Regional trends

Product trends

End-use trends

Chapter 3:

Industry Insights

Industry segmentation

Industry landscape

Vendor matrix

Technological and innovation landscape

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