Fingerprint Sensors Market Size, Share, Scope and Comprehensive Analysis

Fingerprint Sensor Market was worth US$3.5Bn. in 2021 and total revenue is expected to grow at a rate of 10% CAGR from 2021 to 2029, the Fingerprint Sensor Market is reaching almost US$7.50Bn. in 2029.

Fingerprint Sensor Market Overview

The report provides an analysis of the Fingerprint Sensor market’s current and future market scenario, and provides insights and updates on the important sectors. The demand across the world, product manufacturing, income generation, and sales and revenue are all crucial research topics in the Fingerprint Sensor Market. Two scenarios have been provided for a complete analysis of the Fingerprint Sensor Market, including Fingerprint Sensor sales in the forecast period.

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Fingerprint Sensor Market Report Scope and Research Methodology

The Fingerprint Sensor market report covers recent developments, trade regulations, import/export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths and regional growth. In the regional and country sections of the Fingerprint Sensor market analysis, factors and changes in market regulation that impact current and future market trends are also included in the report. PESTLE Analysis has been included to provide the micro and macro level factors influencing the Fingerprint Sensor market. 

Fingerprint Sensor Market Regional Insights

The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil,  Middle East and Africa.

Fingerprint Sensor Market Dynamics:

In May 2021, OPPO unveiled the K9 5G Smartphone, showcasing the company's ongoing partnership with the provider of software and integrated chip design solutions by including ground-breaking features like a Goodix in-display fingerprint sensor. The Redmi K40, K40 Pro, and K40 Pro+ Smartphone Applications from Xiaomi will incorporate the small and curved FPC1542 capacitive touch sensor from Fingerprint Cards in February 2021, enabling more streamlined mid-frame integration.

Tracking employee attendance and thwarting online and offline scams are just two applications where biometric identification systems have emerged as a crucial component of security measures. As a result, biometric authentication is now a required feature in electronic devices such as smartphones, tablets, PCs, laptops, wearable technology, and other gadgets.

Fingerprint Sensor Market Segmentation

The market is divided into Area, Touch, and Swipe Sensors based on Type. Area and touch sensors are frequently used in consumer electronics because they offer a high level of convenience and accuracy, enabling them to gain a larger market share. Touch sensors are getting smaller, more affordable, and more practical to use. OEMs prefer these sensors over swipe sensors, particularly for mobile devices that need smaller sensors to produce more user-friendly, compact products. IDEX, Synaptics, Fingerprints, Apple, and Sweden-based Fingerprints are just a few companies that manufacture touch and area sensors (Norway). Among the smartphone OEMs that employ touch sensors are Xiaomi (China), Samsung (South Korea), and Apple (USA).

The market is divided into two categories based on technology: 2D and 3D. The market for 2D sensor technology is anticipated to be worth USD 5,407 million by the end of 2029. 2D sensor technology works best for detection and range tasks. Due to its low cost, the technology is still favoured by OEMs to produce downsized products that end users prefer on the market, particularly in mobile devices that require smaller sensors. On the other hand, the market for 3D fingerprint sensors is anticipated to grow at a faster CAGR over the course of the forecast period. 3D data is the most accurate representation of an actual fingerprint.

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Fingerprint Sensor 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)

Key questions answered in the Fingerprint Sensor Market are:

  • What is the expected CAGR of the Fingerprint Sensor market during the forecast period?
  • What are the emerging trends in the Fingerprint Sensor Market?
  • What are the factors contributing to the final price of Fingerprint Sensor ?
  • What are the major challenges that the Fingerprint Sensor Market could face in the future?
  • Who held the largest market share in the Fingerprint Sensor Market?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments and their sub-segments
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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