World Fingerprint Sensors Market Growth Driven by Smartphones, Mobile Commerce

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Aug 26, 2014, 12:45 ET

DALLAS, August 26, 2014 /PRNewswire/ --

ReportsnReports.com adds "Fingerprint Sensors Market by Type (Swipe And Area), Material (Optical Prism, Pizeoelectric, Capacitive, and Adhesives), Application (Mobile Devices, Government, Defense, Healthcare, Commercial Security and Banking & Finance), and Geography - Global Trends & Forecasts to 2014 - 2020" research report of 350 pages to its store. This research forecasts that the fingerprint sensors market is going to jump up to $14.35 billion in 2020. Rapid technological developments, increasing demand for simple and secured access for users to their devices, mobile commerce, and high adoption rates of smartphones are the major drivers for such a high growth of the fingerprint sensors market. The fingerprint sensors market is estimated to grow at CAGR of 16.8% from 2014 to 2020. This escalation is developing the need to analyze, review, and to forecast the growth of the fingerprint sensors market. Fingerprint sensing technologies are, at present, more reliable and cost effective than all the other existing biometric technologies, which have diverted the attention of all the leading biometrics manufacturers across the world. Read more at http://www.reportsnreports.com/reports/291399-fingerprint-sensors-market-by-type-swipe-and-area-material-optical-prism-pizeoelectric-capacitiveand-adhesives-application-mobile-devices-government-defense-healthcare-commercial-security-and-banking-finance.html .

Today, using biometrics for authentication purpose provides greater convenience and reliability. Fingerprint sensors are the leading biometric technology in consumer electronics, equipped with secured authentication system. In recent times, smartphones, tablets, and PDAs are becoming the most indispensable gadget of our everyday lives. Fingerprint sensors enable fast, secure, and reliable access to smartphone as lots of personal information like contacts, payment details, texts, location data, and mails are stored in some kind of encrypted form on the phone. The research published on fingerprint sensors covers different technologies such as optical, capacitive, thermal, and ultrasound that are witnessing rapid technological developments, which has improved the performance of fingerprint sensors. Technological improvements have increased the robustness of area sensors but manufacturing challenges have restrained their mass manufacturing and, as a result, the market price of an area sensor is as much as three times of the market price of a swipe sensor. There are several important trends that have been driving the technological innovations in the industry since its early days, and which, directly or indirectly, are driving the fingerprint sensors market, currently. The major trend that is driving the market is the size reduction of the fingerprint sensors, which enables their integration into mobile phone devices without sacrificing other functionalities.

The study elucidates the situation of fingerprint sensors in mobile devices markets, and shows application market of fingerprint sensors in smartphones, tablets, laptops, gaming consoles, and wearable devices, along with accurate market metrics. The study clarifies that, currently, the fingerprint applications' market size is highest for laptops but it is set to be overtaken by fingerprint applications' market size for smartphones by 2020, which is expected to grow at the highest CAGR of 56.4% from 2014 to 2020.

Lastly, the fingerprint sensors market research study is segmented on the basis of geography into North Americas, Europe, the Asia-Pacific (APAC), and Rest of the World (ROW). Among these, the U.S., Germany, Japan, China, U.K., and South Korea are the highest market sharing countries in the fingerprint sensors market.

Major companies covered in fingerprint sensors market report are Infineon Technologies AG (Germany), Atmel Corporation (U.S.), 3M Cogent (U.S.), AuthenTec, Inc. (U.S.), Bio-Key International, inc. (U.S.), Cross Match Technologies, Inc. (U.S.), DigitalPersona, Inc. (U.S.), Dermalog Identification Systems GmbH (Germany), Fingerprint Cards AB (Sweden), Fujitsu Ltd. (Japan), Fulcrum Biometrics LLC. (U.S.), Morpho SA (France), RCG Holdings Ltd. (Hong Kong), Seiko Epson Corporation (Japan), Sharp Corporation (Japan), Siemens AG (Germany), Sony Corporation (Japan), Suprema Inc. (South Korea), Thales SA (France), Murata Manufacturing Co. Ltd. (Japan), Validity Sensors, Inc.(U.S.), EgisTec Inc. (Taiwan), Idex ASA (Norway), and Henkel AG & Company, and KGaA (Germany). Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=291399 .

Fingerprint identification systems discussed in this research include automated fingerprint identification systems (AFIS), civil and criminal automated fingerprint identification systems. A brief on digital fingerprint vs. digital finger-scan is also provided in this report. Future of fingerprints in smartphones as well as list of algorithms providers are also covered in this 2014-2020 fingerprint sensors industry report.

The report "Next Generation Biometric Market by Technology (Fingerprint, Palm, Face, Iris, Vein, Voice & Signature), Function, Application (Government, Defense, Travel & Immigration, Home Security, Banking, Consumer Electronics & so on) & by Geography - Forecasts & Analysis 2014 - 2020" is of 352 pages and segregates the overall biometric technology market into various application areas such as government, defense, banking and finance, travel and immigration, healthcare, consumer electronics, commercial security, and home security. Increasing security threats, unauthorized infiltration across the borders, unauthorized immigration, illegal transaction at the ATMs, and so on give a rise to the biometric technology market. Total revenue of the global biometric market is expected to grow at an estimated CAGR of 17.6% from 2014 to 2020. One of the major drivers for this market is government funding for biometric technology for deployment across the globe. Companies like 3M, Cross Match Technologies, Inc, Facebanx, Fingerprint Cards AB, Fujitsu Ltd., Fulcrum Biometrics, NCE Corporation, RCG Holdings Limited, Safran SA, Siemens AG, Suprema Inc., Thales SA and Validsoft Uk Ltd are profiled in this report available at http://www.reportsnreports.com/reports/166989-next-generation-biometric-technologies-market-global-forecast-analysis-2012-2017.html .

Gesture Recognition & Touch-Less Sensing Market by Technology (2D, 3D, Ultrasonic, IR, Capacitive), Product (Biometric, Sanitary Equipment), Application (Healthcare, Consumer Electronics, Automotive), Geography (Americas, EMEA & APAC) - Global Forecasts and Analysis to 2013 - 2020 is another research report of 310 pages that focuses on a vast application line for gesture recognition technology in the fields of consumer electronics, automotive, healthcare. The major challenges faced by the touch-less sensing technology are high initial cost, replacement cost of the products and devices. The growth of the gesture recognition market may be hindered due to its reliability and high power requirements. There has been a growing demand for gesture recognition and touch less sensing technologies in verticals like banking and finance, and healthcare. The demand for e-passport system has also increased. Due to the factors like increasing concern for hygiene, growth in travel industries and education facilities, enhancement in user experiences, the market for gesture recognition and touch-less sensing technologies are expected to have a high growth rate in years to come. Companies like Cognitec Systems Gmbh, Cognivue Corporation, Cross Match Technologies, Elliptic Labs, Espros Photonics Corporation, Eyesight Tech, Gestsure Technologies, Irisguard, Inc., Microchip Technology Inc., Microsoft Corporation, Morphotrak, Movea SA, Omek Interactive, Pebbles Limited, PMD Technologies Gmbh, Pointgrab Limited, Primesense Limited, Pyreos Limited, Qualcomm, Inc., Softkinetic, Thalmic Labs Inc. and XYZ Interactive Technologies, Inc. are profiled in the report available at http://www.reportsnreports.com/reports/232515-gesture-recognition-touchless-sensing-market-2013-2018-by-technology-2d-3d-ultrasonic-ir-capacitive-product-biometric-sanitary-equipment-application-healthcare-consumer-electronics-automotive-geography-americas-emea-apac-.html .

Explore more reports on semiconductor and electronics market at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/.

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