Fingerprint Sensors Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Process Control and Automation | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC478

Introduction

The fingerprint sensor can effectively capture exact biological features of fingerprints in the structure of live scan and compare it with the existent biometric template that is placed in the database. These fingerprint sensors are used to provide authorization and authentication to an individual. The fingerprint sensors are most widely used for commercial securities in biometric authentication system. Fingerprints tend to provide fast, reliable and easy access to payment information, personal contact details, location data, mails, and other forms of encrypted data in order to authenticate a person. Fingerprint sensors are being increasingly utilized in consumer electronics such as tablets, smartphones, and laptops and are further expected to fuel the growth of fingerprint sensors market. The numerous advantages offered by fingerprint sensors include security, wider acceptance, reliability and ease of access. These sensors further help in keeping records and maintaining attendance portals.

Market Dynamics

In comparison to different biometric authentication systems, the fingerprint sensors are less costly. They are easier to install and train people for utilizing fingerprint sensors. However, the fingerprint sensors suffer from some technical issues related to conditional physical disability and false rejection. Various factors fueling the growth of global fingerprint sensor market include the requirement for secure, simplified and easy user access to services and data and rising demand for biometric authorization and identification along various areas. Owing to the huge market growth of consumer devices like tablets, smartphone, etc., there is a great demand for the use of fingerprint sensors in order to maintain security and privacy of data and access. However, factors such as complexity of incorporation of fingerprint sensors in smaller consumer electronic devices and lack of awareness about security essentials are expected to restrain the growth of global fingerprint sensor market.

Market Classification

The global fingerprint sensor market is categorized based on type, application, material, sensor technology, and region. Based on type, the fingerprint sensor market can be divided into swipe sensor, touch sensor, and area sensor. Based on sensor technology, the fingerprint sensor market can be divided into capacitive sensor, optical sensor, ultrasonic sensor, thermal sensor, and others. The capacitive sensors can be further subdivided into passive and active capacitance. Based on the material, the fingerprint sensor market can be categorized into optical prism, sapphire, adhesive, piezoelectric material, and others. Based on application, the fingerprint sensor market can be divided into law enforcement, banking & finance, mobile devices, government, military & defense, and others. The mobile device segment can be further divided into tablets, smart watches smartphones, and others. Based on geography, the fingerprint sensor market can be divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA).

Report Coverage

Market

Fingerprint Sensors Market

Analysis Period

2014 – 2024

Historic Data

2014 – 2015

Base Year

2016

Forecast Data

2017 – 2024

Market Stratification

Type, Application, Material, Sensor Technology, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Huge market growth opportunities exist owing to the development of cheaper fingerprint sensors for a varied range of applications. There is a rise in adoption of fingerprint sensor incorporated two-way authentication systems or multi-factor authentication systems that can offer an accurate access and security for the application areas that require high-end security.

Market Participants

The fingerprint sensor market is distinguished by low competition and various application areas. The major players operating in the global fingerprint sensor market include IDEX ASA, Fingerprint Cards AB, Synaptics Incorporated, Vkansee Technology Inc., Cross Match Holdings, Inc., and Integrated Biometrics, Inc among others. Countries such as the U.S., U.K., China, Germany, and South Korea hold large market share in the fingerprint sensor market. Also, there are numerous collaborations occurring between mobile device and fingerprint sensor manufacturers.

Market Segmentation

Market By Type

·         Swipe sensor

·         Touch sensor

·         Area sensor

Market By Application

·         Law enforcement

·         Banking & finance

·         Mobile devices

·         Government, military & defense

·         Others

Market By Material

·         Optical prism

·         Sapphire

·         Adhesive

·         Piezoelectric material

·         Others

Market By Sensor Technology

·         Capacitive sensor

o   Passive capacitance

o   Active capacitance

·         Optical sensor

·         Ultrasonic sensor

·         Thermal sensor

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA

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