Fingerprint Sensors Market – Global Industry Analysis and Forecast (2019-2026)

[akash Arjun pingale]

Fingerprint Sensors Market is expected to grow from USD 5.02 Billion in 2019 to USD XX Billion by 2026, at a CAGR of XX % between 2019 and 2026. (Detailed analysis of the market CAGR is provided in the report).

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

Fingerprint Sensors Market

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Fingerprint Sensors Market Segment Analysis

Fingerprint sensor market is segmented on the basis of type, technology, material, and application. Increase in demand for fingerprint sensors for security checks in government and corporate organizations, increasing smartphone proliferation and growing security and safety concerns, need for easy, simplified and secure user access to data & services, and high market growth of consumer devices like smartphone, tablets are the major factors driving the growth of the fingerprint sensor market.

However, technical difficulties associated with false rejection and conditional physical disability and lack of awareness about security essentials & constraints and complexity of integration of smartphone-like devices with fingerprint sensors are the key restraining factors for market growth.

Further key findings from the report:

• Fingerprint sensors market for optical sensor segment is anticipated to experience higher growth rates during the forecast period. Technological advancements, innovations in optical sensors and wide use in various applications is driving the growth of this segment. Capacitive sensors will be largely replaced by optical sensors which can capture images through the display glass

• From application segment, consumer electronics/Mobile Devices accounted for the largest market share of the fingerprint sensors market in 2019. This can be attributed to increasing mobile payment platforms such as Samsung Pay, Apple Pay, ZTE Pay, Alipay, what further drives the gro9wth of fingerprint sensors market

• With the technological advancements and developments, Fingerprint sensors applications in payment cards are anticipated grow more rapidly during the forecast period

• Iris or facial recognition systems are expected to replace or compliment fingerprint sensors between 2019 and 2026 owing to the replacement of capacitive type sensors with the optical or ultrasonic sensors

• Introduction of In-display sensors and 3D facial recognition are considered as the major disruption for the fingerprint market growth
Fingerprint Sensors Market Research Methodology:

The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Fingerprint Sensors Market.
Fingerprint Sensors Market, Key Highlights:

• Fingerprint Sensors Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Fingerprint Sensors Market

• Fingerprint Sensors Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Fingerprint Sensors Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Fingerprint Sensors Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Fingerprint Sensors Market are also profiled.
Fingerprint Sensors Market Key Players

• Apple Inc.
• Fingerprint Cards AB
• Synaptics Inc.
• Egis Technology Inc.
• Goodix Ltd
• Silead Inc.
• Safran Identity & Security (Morpho)
• Idex ASA
• Thales SA
• 3M Cogent Inc.
• Suprema Inc.
• Crossmatch
• Dermalog Identification Systems GmbH
• NEC Corporation
• IDEMIA (France)
• HID Global Corporation (US)
• Thales Group (France)
• Qualcomm Technologies Inc. (US)
• Fingerprint Cards AB (Sweden)
• Shenzhen Goodix Technology Co., Ltd. (China)
Fingerprint Sensors Market Key Target Audience:

• Raw material vendors
• Original equipment manufacturers
• Biometric system providers
• Fingerprint sensor manufacturers
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data center professionals

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Scope of the Fingerprint Sensors Market: Inquire before buying

Research report categorizes the Fingerprint Sensors Market based on type, technology, material, application, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Fingerprint Sensors Market with key developments in companies and market trends.
Fingerprint Sensors Market, by Type:

• Area & Touch Sensors
• Swipe Sensors
Fingerprint Sensors Market, by Technology:

• Optical Sensing Technology
• Capacitive and RF Capacitive Sensing Technology
• Other Sensing Technologies
Fingerprint Sensors Market, by Material:

• Pyroelectric Material (Lithium Tantalate)
• Coating Material
• Piezeoelectric Material (Quartz)
• Adhesives
Fingerprint Sensors Market, by Application:

• Government & Law Enforcement
• Military, Defense, & Aerospace
• Banking & Finance
• Consumer Electronics/Mobile Devices
• Travel & Immigration
• Smart Homes
• Healthcare
• Commercial
Fingerprint Sensors Market, by Geography:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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