Global Fingerprint Sensor Market 2018-2023: Proliferation of Fingerprint Sensors in Smartphones and Other Consumer Electronics
DUBLIN, May 31, 2018 /PRNewswire/ --
The "Fingerprint Sensor Market by Type, Technology (Capacitive, Optical, Thermal), Application (Consumer Electronics, Government & Law Enforcement, Travel & Immigration, Banking & Finance), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The overall fingerprint sensor market is expected to grow from USD 4.25 Billion in 2018 to USD 8.80 Billion by 2023 at a CAGR of 15.66%
The proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors, and use of biometrics in mobile commerce are the key factors driving the growth of this market.
A fingerprint sensor is a biometric security device that combines hardware and software techniques to identify the fingerprint scans of an individual to identify and authenticate an individual to, ultimately, grant or deny access to a computer system or a physical facility. Fingerprint sensors capture a digital image of the fingerprint pattern called a live scan, which is digitally processed to create a biometric template stored and used for matching the patterns.
The fingerprint sensor market has been segmented, on the basis of technology, into capacitive, optical, thermal, and others. The market for optical fingerprint sensors is expected to grow at the highest CAGR between 2018 and 2023. Optical sensors capture fingerprint images by capturing light and converting it into electrical signals that are used to create the fingerprint image. The growing trend of bezel-less screens in smartphones has led the smartphone makers to develop innovative technologies for fingerprint sensors that occupy less space. This led to the development of in-display fingerprint sensors wherein the sensors are embedded under the display of the devices and users have to touch the phone display to authenticate and unlock the phone. The adoption of in-display fingerprint sensors by smartphone companies is expected to fuel the fingerprint sensor market.
The fingerprint sensor market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is the fastest-growing market for fingerprint sensors. The rise in disposable income in APAC countries has led to the increase in the demand and use of smartphones and laptops, which, in turn, has increased the growth of fingerprint sensor market in this region. The increasing penetration of fingerprint sensors and the influx of global players, along with the emergence of native players, are contributing to the growth of the market. As a result, APAC holds a significant share of the overall fingerprint sensor market.
Key players in the market include Apple (US), Synaptics (US), Fingerprint Cards (Sweden), Goodix (China), IDEMIA (France), Egis Technology (Taiwan), NEXT Biometrics (Norway), Anviz Global (US), IDEX ASA (Norway), and Gemalto (Netherlands).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Fingerprint Sensor Market
4.2 Fingerprint Sensor Market, By Application and Region
4.3 Fingerprint Sensor Market, By Technology
4.4 Fingerprint Sensor Market in APAC, By Application and Country
4.5 Geographic Analysis of Fingerprint Sensor Market
5 Market Overview
5.1 Introduction
5.2 Value Chain Analysis
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 The Proliferation of Fingerprint Sensors in Smartphones and Other Consumer Electronics
5.3.1.2 Government Support for the Adoption of Fingerprint Sensors
5.3.1.3 Digitization in the Time and Attendance Capturing
5.3.1.4 Use of Biometrics in Mobile Commerce
5.3.2 Restraints
5.3.2.1 Adoption Rate in Developing Countries
5.3.2.2 The Credibility of Users for Fingerprint Sensor
5.3.3 Opportunities
5.3.3.1 High Potential for Fingerprint Sensors in IoT Applications
5.3.3.2 Growing Scope for Fingerprint Sensors in the Banking and Finance Industry
5.3.4 Challenges
5.3.4.1 Efficiency and Reliability of Fingerprint Sensors
6 Fingerprint Sensor Market, By Type
6.1 Introduction
6.2 Swipe Sensors
6.3 Area & Touch Sensors
6.4 Materials Used in Fingerprint Sensors
6.4.1 Piezoelectric Material (Quartz)
6.4.2 Pyroelectric Material (Lithium Tantalate)
6.4.3 Adhesives
6.4.4 Coating Material
7 Fingerprint Sensor Market, By Technology
7.1 Introduction
7.2 Capacitive
7.3 Optical
7.4 Thermal
7.5 Others
8 Fingerprint Sensor Market, By Application
8.1 Introduction
8.2 Consumer Electronics
8.2.1 Smartphones
8.2.1.1 In-Display Fingerprint Sensor
8.2.2 Laptops/Notebooks
8.2.3 Wristbands and Smartbands
8.2.4 Usb Flash Drives
8.2.5 Others
8.3 Travel & Immigration
8.4 Government & Law Enforcement
8.5 Military, Defense, & Aerospace
8.6 Banking & Finance
8.7 Commercial Security
8.8 Healthcare
8.9 Smart Homes
8.10 Other Applications
9 Geographic Analysis of Fingerprint Sensor Market
10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking Analysis, 2017
10.3 Competitive Scenario
10.3.1 Partnerships, Agreements, Collaborations, and Contracts
10.3.2 Product Launch
10.3.3 Mergers and Acquisitions
11 Company Profiles
11.1 Key Players
11.1.1 Apple
11.1.2 Synaptics
11.1.3 Fingerprint Cards
11.1.4 Goodix
11.1.5 Egis Technology
11.1.6 Idemia
11.1.7 Next Biometrics
11.1.8 Anviz Global
11.1.9 IDEX ASA
11.1.10 Gemalto
11.2 Other Key Companies
11.2.1 Crossmatch
11.2.2 Secugen
11.2.3 Hid Global
11.2.4 Touch Biometrix
11.2.5 Suprema
11.2.6 Dermalog Identification Systems
11.2.7 NEC Corporation
11.2.8 Ekey Biometric Systems
11.2.9 Bio-Key International
11.2.10 Precise Biometrics
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