According to Goldstein Research, global fingerprint sensors market is expected to reach USD 13.80 billion by 2024, growing at a CAGR of 19.0% over the forecast period 2016-2024. Ongoing technological advancements in fingerprint sensing technologies and rising penetration of fingerprint sensor in smartphones are projected to boost the growth of fingerprint sensors market across the globe. Global fingerprint sensors market segmentation has beendoneon the basis of sensor type, sensor technology type, application and geography. The requirement for high security to keep person’s identity and data secure primarily for e-commerce and banking applications is enabling penetration of fingerprint technology. Smart devices embedded with fingerprint sensors expected to hold significant position in market in the coming years.

Global fingerprint sensors industry is largely dominated by North America owing to high sales of smartphones and tablets and large adoption of advance technologies and applications of biometrics in the region. North America is followed by Europe fingerprint sensors market, which is expected to grow at CAGR of 16.0% from value USD 1.08 billion in 2016 over the forecast period.
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Market Segmentation
On the basis of our in-depth analysis, Global Fingerprint Sensors Market can be segmented as follows:

Based on Sensor Type

o Swipe Sensor
o Area & Touch Sensor

Based on Sensor Technology Type

o Optical Sensor Technology
o Capacitive Sensor Technology
o Ultrasonic Sensor Technology
o Thermal Sensor Technology

Based on Application

o Mobile Devices
o Travel & Immigration
o Aerospace & Defense
o Healthcare
o Banking & Finance
o Others ( Commercial Security, Smart Homes)

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Fingerprint Sensors Market Outlook 2024” contains detailed overview of the global fingerprint sensors market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by sensor type, sensor technology type and application.

Further, for the in-depth analysis, Global Fingerprint Sensors Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Apple Inc., Synaptics Incorporated, Fingerprint Cards AB, Precise Biometrics, Next Biometrics, Egis Technology Inc., NEC Corporation, VKANSEE Technology, Goodix Ltd, Bio-Key International Inc., Atmel Corporation, Samsung Electronics Co., Ltd, HTC Corporation, LG Electronics, Integrated Biometrics, Inc., Idex ASA, Cross Match Holdings, Inc.,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global fingerprint sensors market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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