The fingerprint sensor market is expected to cross US$ 3.50 billion in 2022 and is projected to hit US$ 11 billion by 2030, recording a CAGR of 15% during the forecast period.
Fingerprint Sensor Market research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.
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The final report will add the analysis of the Impact of Covid-19 in this report Fingerprint Sensor Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Fingerprint Sensor Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Fingerprint Sensor Market is analyzed and depicted in the report.
Some of the companies competing in the Fingerprint Sensor Market are
· Vaporsens
· ISENSE, LLC
· Stratio, Inc.
· Vkansee Technology
· Flexenable
Fingerprint Sensor Market Research Report 2030 carries in-depth case studies on the various countries which are involved in the Fingerprint Sensor Market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. Important contents analyzed and discussed in the report include market size, operation situation, and current & future development trends of the market, market segments, business development, and consumption tendencies. Moreover, the report includes the list of major companies/competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.
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The scope of the Report:
The report segments the Fingerprint Sensor Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the Fingerprint Sensor Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Fingerprint Sensor Market Segmentation
Technology:
· Capacitive Sensors
· Optical Sensors
· Thermal Sensors
· Ultrasonic Sensors
· Pressure Sensors
Type:
· Swipe Sensors
· Area Sensors
· Touch Sensors
End-User Industry:
· Military and Defense
· Consumer Electronics
· Banking and Finance
· Healthcare
· Commercial Security
· Government
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The report "Fingerprint Sensor Market by Technology (Capacitive, Optical, Thermal, Ultrasonic), Type (Touch, Swipe), Application (Consumer Electronics, Banking & Finance, Government & Law Enforcement, Commercial, Smart Homes), and Region-Global Forecast to 2024", is projected to grow from USD 3.5 billion in 2019 to USD 7.1 billion by 2024; it is expected to record a compound annual growth rate (CAGR) of 15.3%.
The emergence of biometric smart cards in BFSI applications and the newest trend of in-display fingerprint sensors in smartphones provide an opportunity for market growth.Browse 107 market data Tables and 45 Figures spread through 173 Pages and in-depth TOC on "Fingerprint Sensor Market -Global Forecast to 2024" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=169519533 Capacitive technology to lead the fingerprint sensor market during the forecast period (2019–2024)Capacitive technology is expected to hold the largest share of the fingerprint sensor market.
This is mainly because of the increasing use of capacitive sensors in devices such as smartphones, laptops, and other consumer electronics devices.
Apart from consumer electronics, capacitive sensors are also being used in new applications such as door locks and start engine operations in automobiles.
Increased security & privacy concerns in laptops, along with the efforts by OEMs to offer wearables with dynamic security features are some of the major factors affecting the growth of the market.
Goodix, Egis Technology, Q Technology, and CrucialTec are among the major players of the fingerprint sensor market in APAC.Shenzhen Goodix Technology Co., Ltd. (China), Fingerprint Cards AB (Sweden), Synaptics Incorporated (US), Apple Inc. (US), Egis Technology Inc. (Taiwan), CrucialTec (South Korea), NEXT Biometrics Group ASA (Norway), Novatek Microelectronics Corp. (Taiwan), Q Technology (Group) Company Limited (China), Qualcomm Technologies, Inc. (US), IDEX Biometrics ASA (Norway), CMOS Sensor Inc. (US), ELAN Microelectronics Corporation (Taiwan), FocalTech (China), id3 Technologies (France), IDEX Biometrics (Norway), Japan Display Inc. (Japan), OXi Technology (China), Sonavation Inc. (US), Touch Biometrix (UK), and Vkansee (US) are among a few major players in the fingerprint sensor market.
