Fingerprint Sensor Market

Global Fingerprint Sensor Market Size, Share, Growth Analysis, By Technology(Capacitive, Optical), By Product Type(Area Touch Sensors, Swipe Sensors), By Materials Used(Piezoelectric Materials, Pyroelectric Materials), By Products(Authentication system in a smart device, Attendance recording system), By End-use(Consumer Electronics, Travel), By Sensor Technology(2D sensor technology, 3D sensor technology) - Industry Forecast 2024-2031

Report ID: SQMIG45J2183 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 176 | Figures: 79

Global Fingerprint Sensor Market Regional Insights

In 2021, Asia Pacific held the largest global fingerprint sensor market share of more than 40 %. The growing use of biometric sensors in various companies, along with an increase in wearable devices, and rising security and safety concerns are anticipated to propel the fingerprint sensors market in the Asia Pacific region during the forecast period. Growing mobile transactions in countries like India and China are also anticipated to have a substantial impact on the mobile biometrics industry in the region. Smartphone shipments are at an all-time high in China. It is also anticipated to fuel the region's fingerprint sensor market, as nearly all modern smartphones use capacitive or optical fingerprint sensors which are expected to drive the market growth during the analysis period.

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FAQs

Fingerprint Sensor Market size was valued at USD 3.5 billion in 2019 and is poised to grow from USD 3.88 billion in 2023 to USD 9.85 billion by 2031, growing at a CAGR of 10.9% in the forecast period (2024-2031).

The Fingerprint Sensor market is relatively fragmented, with a high level of competition. Few large players, like Qualcomm, Fingerprint Cards AB, and Egis Technology Inc., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Apple Inc.', 'Synaptics ', 'Fingerprint Cards AB', 'Goodix Ltd.', 'Egis Technology Inc.', 'NEC Corporation', 'Qualcomm Technologies, Inc.', 'Idemia', 'Precise Biometrics AB', 'IDEX Biometrics ASA', 'Shenzhen Goodix', 'Anviz Global Inc.', 'Bio-key International Inc.', 'SecuGen Corporation', 'Crossmatch Technologies Inc. (HID Global)', 'NEXT Biometrics Group ASA', 'AuthenTrend Technologies Inc.', 'Infineon Technologies AG', 'Sonavation Inc.', 'Neurotechnology'

Growing use of biometric authentication technologies for employee attendance and preventing online and offline scams made it a must-have for smartphones, tablets, PCs, laptops, wearables, etc. Fingerprint, face detection, and iris scanning are integrated with devices to ensure security. Fingerprint sensing technology is being rapidly used in consumer devices like smartphones and tablets because of its popularity and unique qualities, such as the capacity to collect characteristics like ridges, valleys, and tiny points of every individual are some of the major factors propelling the market growth during the analysis period.

Ultrasonic sensors detect epidermal and dermal skin layers to capture details. These sensors can read moist and injured fingers. Technological advances will boost the ultrasonic fingerprint sensor industry.

In 2021, Asia Pacific held the largest global fingerprint sensor market share of more than 40 %. The growing use of biometric sensors in various companies, along with an increase in wearable devices, and rising security and safety concerns are anticipated to propel the fingerprint sensors market in the Asia Pacific region during the forecast period. Growing mobile transactions in countries like India and China are also anticipated to have a substantial impact on the mobile biometrics industry in the region. Smartphone shipments are at an all-time high in China. It is also anticipated to fuel the region's fingerprint sensor market, as nearly all modern smartphones use capacitive or optical fingerprint sensors which are expected to drive the market growth during the analysis period.

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