The global Fingerprint Sensor Market was worth USD 3,900 million in 2022 and is anticipated to amplify at a CAGR of 10.9% over 2023-2033, thereby accumulating USD 8,800 million by end of the analysis timeline.
The biometric security system’s fingerprint sensor reads a person’s fingerprints, which are subsequently used to confirm that person’s identification. It records high contrast fingerprint images as fingerprint minutiae and turns them into digital code. The fingerprint sensor may be easily implemented into a variety of devices and is quick, dependable, practical, and affordable. As a result, it has applications in a variety of industries throughout the world, including consumer electronics, government and law enforcement, aerospace, healthcare, defense, and banking, financial services, and insurance (BFSI). The sales of fingerprint sensors are being driven by the rising number of security breaches in various businesses. These tools are used to improve authentication procedures and offer safe access control to a variety of locations and IT systems.
In addition to this, these sensors are being widely used in corporate and governmental organizations all over the world to digitize time and attendance systems. Additionally, fingerprint sensors are widely incorporated into smartphones, wearables, and modern automobiles to initiate engine operations and unlock phones, applications, and door locks due to the growing trend of automation. The demand for fingerprint sensors from smartphone manufacturers has begun to soar dramatically on a global scale. In actuality, they are now the technology’s greatest consumers of fingerprint sensors. They employ it to protect user information and guarantee that only individuals with permission can access their accounts. To protect user data, laptop makers are increasingly adopting fingerprint sensors. In addition, automakers are starting to employ them to regulate vehicle operations and let users authenticate themselves before starting the engine.
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Global l Fingerprint Sensor Market: Segmental Analysis
By Technology
- Capacitive
- Optical
- Thermal
- Ultrasonic
By Sensor Technology
- 2D
- 3D
By Type
- Area and Touch sensors
- Swipe Sensors
By Materials
- Piezoelectric Materials (Quartz)
- Pyroelectric Materials (Lithium Tantalate)
- Adhesives
- Coating Materials
Global Fingerprint Sensor Market: Key Companies
- Fingerprint Cards AB
- Synaptic, Apple Inc
- Egis Technology
- Crucialtec
- Next Biometrics
- Novatek Microelectronics
- Qualcomm
- Q Technology
- CMOS Sensor Inc
- ELAN Microelectonics
- Focaltech
- ID3 Technologies
- IDEX Biometrics
- Japan Display Inc.
- OXI Technology
- Sonavation Inc.
- Touch Biometrix
- Vkansee
- Goodix
- Notably
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Market Trends:
fingerprint technologies are emerging as a result of rising identity concerns. In order to increase security, government and law enforcement frequently deploy biometric systems. fingerprint sensors are widely used in consumer gadgets for biometric identification. Better performance, accuracy, and validity based on absolute fingerprint biometric technology are the main characteristics of fingerprint sensors. In smartphones, biometric access control systems, security door locks, and other Internet of Things-based gadgets, the fingerprint sensor is widely used. The paper also examines the technological and regulatory issues that will affect regional and global dynamics as well as market expansion generally. The market will experience consistent growth over the forecast period as a result of the increasing demand.
More thorough readings are possible with higher resolutions, and these readings can be helpful for forensic or person-identification purposes. More fingerprints can be scanned simultaneously with larger sensor arrays, which is helpful for large-scale applications like crowd control and border control. Newer fingerprint sensor technologies can now deliver readings that are more accurate and dependable, making them more acceptable for use in security-critical applications. The study on the fingerprint sensor market offers a thorough analysis of the major trends and problems that will have a significant impact on growth. One of the significant market trends for fingerprint sensors that will drive growth is the increasing use of IoT-based fingerprint technology. Additionally, the government’s extensive use of fingerprint technology for security will affect the market for fingerprint sensors
