Fingerprint Sensor Market to Witness High CAGR in the Forecast Period of 2019 to 2026 Due to Increasing Adoption of Biometric Systems

Fingerprint Sensors Market is forecasted to grow at 15.98% for 2019 to 2026 to an estimated value of USD 11.73 billion by 2026 with factors such as risk associated with the biometric database and risk associated with the security are some of the factors hampering the market growth.

Fingerprint sensors market has shown a significant adoption rate and preferences from the Asia- Pacific. Increasing adoption of biometrics system in enterprises and rising awareness about the advantages of fingerprint sensing technology will enhance the demand for fingerprinting sensors technology in the market.

Fingerprint Sensors Market Scenario

According to Data Bridge Market Research the fingerprint sensors market in developing regions is witnessing a growth in terms of its adoption rate, due to increasing adoption of biometrics by government, increasing usage in consumer devices for biometric authentication and growing demand for security in business applications.

Now the question is which are the regions that fingerprint sensors market players should target? Data Bridge Market Research has forecasted market leaders to target Asia- Pacific developing regions to help them in attaining better volume of revenue generation.

Fingerprint sensors market is becoming more competitive every year with optical currently being the largest market technology for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the fingerprint sensors market.

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Fingerprint Sensors Market Developments

Qualcomm announced the launch of their second generation 3D sonic in-display fingerprint sensor in December 2019. Qualcomm's Sonic Max 3D sensor measures 20 mm x 30 mm, offering fingerprint authentication with a sensing area of 600 square millimeters.

Scope of the Fingerprint Sensors Market

The global fingerprint sensors market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa

  • All country based analysis of the fingerprint sensors market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the fingerprint sensor market is segmented into swipe sensors, materials used in fingerprint sensors and area & touch sensors. Based on technology, the fingerprint sensor market is segmented into capacitive, optical, thermal, and others. On the basis of application the fingerprint sensor market is segmented into into consumer electronics, travel & immigration, government & law enforcement, military, defense, & aerospace, banking & finance, commercial security, healthcare, smart homes, and other applications.
  • Fingerprint sensors is a kind of a technology which is specially designed for identifying and authenticating an individual's fingerprints for the purpose of granting or denying access to a computer system or facility. It is a combination of a software and hardware so they can scan an individual fingerprint.  These sensors are widely used in application such as commercial security, banking & finance, military, consumer electronics, banking & finance, and defense & aerospace.

To know more about the study

Key Pointers Covered in the Fingerprint Sensors Market Industry Trends and Forecast to 2026

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Apple Inc
  • Synaptics Incorporated
  • Shenzhen Goodix Technology Co
  • Egis Technology Inc
  • NEXT Biometrics
  • Anviz Global
  • Gemalto NV
  • 3M Congent, Inc
  • Crossmatch
  • SecuGen Corporation
  • HID Global Corporation
  • Precise Biometrics
  • BIO-key

Above are the key players covered in the report to know about more and exhaustive list of fingerprint sensors companies, contact us

Research Methodology: Global Fingerprint Sensors Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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