Global Fingerprint Sensor Market - By Usage In Devices (Smartphones, Wearable Devices, Tablets, Gaming Consoles), Industry, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - Electronics & Semiconductor | No. of Pages - 136 | Published By - Mordor Intelligence

Report Highlights

The Global Fingerprint Sensor market is valued at USD 8.15 billion in 2016
and is expected to reach a value of USD 22.07 billion by the end of 2022,
growing at a projected CAGR of 18.06 % during the forecast period of 2017 -
2022. North America is the leading market for fingerprint sensor with USA being the major market in the region. Asia Pacific region is one of the fastest growing regions for fingerprint sensor market with adoption increasing in various offices.

Fingerprint is one of the most unique things that every person has. It differs from person to person. This fact is being used widely in the market as a security feature. This will help the security system to keep anybody out of the system who is not authorized.
Fingerprint scanners have been there in the industry for some years. Many offices, banks, healthcare facilities, homes and manufacturing centres use this technology. This technology also came in earlier versions of laptops or desktops but the users faced various problems with it and stopped using it. This led to a gradual decline in sales of fingerprint scanners in electronic devices. However, the revival in the industry came when Apple released its IPhone 5S which also used this technology. Then many other phones and tablets started including this feature in the devices because the demand for this technology kept increasing.   Now this technology is expanding into payment modes instead of using cash or card like Apple Pay.

However there is a lack of awareness of this technology among the general population to use this feature for different applications. This trend should change in the period to come with the increase in the adoption of these sensors in consumer electronics. This will help the consumers to get more knowledge of how these sensors can be used in daily life applications.
Fingerprint sensors take an image of the finger kept on the screen and start comparing very specific features of the fingerprint. The specific features that are matched include ridges and bifurcations on the fingers. Then the software in the fingerprint scanner compares this to the fingerprint on the record. If maximum of the parameters match then the print is approved or else rejected.

Mordor Intelligence classifies the market based on the use of various types of sensors like optical sensors, thermal sensors, pressure sensor, RF sensors, and ultrasonic sensors; apart from geography, applications and end-user industry. In addition this report also talks about the new technological trends in the Global Fingerprint Sensor Industry.

Major companies in the market like Siemens, Alps Electric, 3M, Atmel, Fujitsu are pushing for more applications of the fingerprint sensors in the market. These companies have been studied and their strategies have been analysed in the report. The report is divided by geography where the market share of each region is analysed and estimates are provided over the period of 2017 - 2022. The various applications of fingerprint sensors have been discussed in detail in addition to a comprehensive overview of the market.

What the Report Offers:                      

1.Market definition for the Fingerprint Sensors along with identification of key drivers and restraints for the market.

2.Market analysis for the Fingerprint Sensors, with region specific assessments and competition analysis on a global and regional scale.

3.Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

4.Extensively researched competitive landscape section with profiles of major companies along with their share of markets.

5.Identification and analysis of the Macro and Micro factors that affect the Fingerprint Sensors on both global and regional scale.

6.A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

 

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