A quick peek into the report
Table of Contents
1.1 | Scope of the Report |
1.2 | Market Research Methodology |
2.1 | Market Drivers |
2.1.1 | Massive Proliferation of Smartphones and Tablets |
2.1.2 | Provision of Second/Third level of Security Using Fingerprint Authentication Devices |
2.1.3 | Increased Security and Convenience for Consumers |
2.1.4 | Adoption of Biometrics by Various Governments |
2.2 | Market Challenges |
2.2.1 | Latent Fingerprinting and Spoofing |
2.2.2 | Integration of Fingerprint Sensors Technology into Existing Software |
2.3 | Market Opportunities |
2.3.1 | Increasing Adoption of Fingerprint Authentication in Banking and Healthcare Sector |
2.3.1.1 | Banking and Financial Institutions |
2.3.1.2 | Healthcare |
2.3.2 | Increasing Adoption of E-Commerce Services |
3.1 | Key Strategies and Developments |
3.1.1 | Mergers and Acquisitions |
3.1.2 | Product Development and Launch |
3.1.3 | Partnerships and Collaborations |
3.1.4 | Business Expansions |
3.1.5 | Other Developments |
3.2 | Industry Attractiveness |
3.3 | Value Chain Analysis |
4.1 | Assumptions and Limitations |
4.2 | Market Overview |
4.3 | Swipe Sensors |
4.4 | Area Sensors |
4.5 | Touch Sensors |
5.1 | Market Overview |
5.2 | Optical Sensors |
5.3 | Thermal Sensors |
5.4 | Ultrasonic Sensor |
5.5 | Capacitive Sensors |
5.6 | Others |
5.6.1 | Pressure Sensor |
5.6.2 | Radio Frequency (RF) Sensor |
6.1 | Market Overview |
6.2 | Mobile Devices |
6.3 | Travel |
6.4 | Commercial |
6.5 | Smart Cards |
6.6 | Residential |
6.7 | Automotive |
6.8 | Healthcare |
6.9 | Government |
7.1 | Market Overview |
7.2 | North America |
7.2.1 | The U.S |
7.2.2 | Canada |
7.3 | Asia Pacific (APAC) |
7.3.1 | China |
7.3.2 | India |
7.3.3 | Japan |
7.3.4 | South Korea |
7.3.5 | Others |
7.4 | Latin America |
7.4.1 | Mexico |
7.4.2 | Brazil |
7.4.3 | Argentina |
7.5 | Western Europe |
7.5.1 | The U.K |
7.5.2 | Spain |
7.5.3 | France |
7.5.4 | Germany |
7.6 | Rest of the World (RoW) |
7.6.1 | Middle East |
7.6.2 | Africa |
7.7 | Central and Eastern Europe |
8.1 | 3M Cogent |
8.1.1 | Company Overview |
8.1.2 | Product Portfolio |
8.1.3 | Financials |
8.1.4 | Financial Summary |
8.1.5 | SWOT Analysis |
8.2 | 4G Identity Solutions |
8.2.1 | Company Overview |
8.2.2 | Product Portfolio |
8.3 | Anviz Global |
8.3.1 | Company Overview |
8.3.2 | Product Portfolio |
8.3.3 | SWOT Analysis |
8.4 | Aware Inc. |
8.4.1 | Company Overview |
8.4.2 | Product Portfolio |
8.4.3 | Financials |
8.4.4 | Financial Summary |
8.4.5 | SWOT Analysis |
8.5 | BIO-Key International |
8.5.1 | Company Overview |
8.5.2 | Product Portfolio |
8.5.3 | Financials |
8.5.4 | Financial Summary |
8.5.5 | SWOT Analysis |
8.6 | Crossmatch Technologies |
8.6.1 | Company Overview |
8.6.2 | Product Portfolio |
8.7 | Diamond Fortress Technologies |
8.7.1 | Company Overview |
8.7.2 | Product Portfolio |
8.8 | Fingerprint Cards AB |
8.8.1 | Company Overview |
8.8.2 | Product Portfolio |
8.8.3 | Financials |
8.8.4 | Financial Summary |
8.8.5 | SWOT Analysis |
8.9 | FlexEnable |
8.9.1 | Company Overview |
8.9.2 | Product Portfolio |
8.10 | Fulcrum Biometrics |
8.10.1 | Company Overview |
8.10.2 | Product Portfolio |
8.11 | GenKey |
8.11.1 | Company Overview |
8.11.2 | Product Portfolio |
8.12 | HID Global |
8.12.1 | Company Overview |
8.12.2 | Product Portfolio |
8.12.3 | SWOT Analysis |
8.13 | Innovatrics |
8.13.1 | Company Overview |
8.13.2 | Product Portfolio |
8.14 | iPulse Systems |
8.14.1 | Company Overview |
8.14.2 | Product Portfolio |
8.15 | M2SYS Technology |
8.15.1 | Company Overview |
8.15.2 | Product Portfolio |
8.16 | NEC Corporation |
8.16.1 | Company Overview |
8.16.2 | Product Portfolio |
8.16.3 | Financial Summary |
8.16.4 | Financial Summary |
8.16.5 | SWOT Analysis |
8.17 | NEXT Biometrics |
8.17.1 | Company Overview |
8.17.2 | Product Portfolio |
8.17.3 | Financials |
8.17.4 | Financial Summary |
8.17.5 | SWOT Analysis |
8.18 | Precise Biometrics |
8.18.1 | Company Overview |
8.18.2 | Product Portfolio |
8.18.3 | Financials |
8.18.4 | Financial Summary |
8.18.5 | SWOT Analysis |
8.19 | Safran Identity & Security (Morpho) |
8.19.1 | Company Overview |
8.19.2 | Product Portfolio |
8.20 | Synaptics |
8.20.1 | Company Overview |
8.20.2 | Product Portfolio |
8.20.3 | Financials |
8.20.4 | Financial Summary |
8.20.5 | SWOT Analysis |
9.1 | Related Reports |
Table 3.1 | Mergers and Acquisitions |
Table 3.2 | Key Product Launches |
Table 3.3 | Partnerships and Collaborations |
Table 3.4 | Business Expansion |
Table 3.5 | Other Developments |
Table 4.1 | Fingerprint Sensors Market by Type 2016-2023 ($Million) |
Table 5.1 | Fingerprint Sensors Market by Technology 2016-2023 ($Million) |
Table 6.1 | Fingerprint Sensors Shipments by Application, 2016-2023 (Million Units) |
Table 6.2 | Fingerprint Sensors Market Size by Application, 2016-2023 ($Million) |
Table 6.3 | Fingerprint Sensors Shipment in Mobile Devices (Million Units) |
Table 6.4 | Fingerprint Sensors Market, Mobile Devices ($Million) |
Table 6.5 | Fingerprint Sensors Shipments in Mobile Devices by Region, 2016-2023 (Million Units) |
Table 6.6 | Fingerprint Sensors Market in Mobile Devices, by Region, 2016-2023 ($Million) |
Table 6.7 | Fingerprint Sensors Shipments in Mobile Devices in APAC, by Country, 2016-2023 (Million Units) |
Table 6.8 | Fingerprint Sensors Market in Mobile Devices in APAC, by Country, 2016-2023 ($Million) |
Table 6.9 | Fingerprint Sensors Shipments in Mobile Devices in North America, by Country, 2016-2023 (Million Units) |
Table 6.10 | Fingerprint Sensors Market in Mobile Devices in North America, by Country, 2016-2023 ($Million) |
Table 6.11 | Fingerprint Sensors Shipments in Mobile Devices in Latin America, by Country, 2016-2023 (Million Units) |
Table 6.12 | Fingerprint Sensors Market in Mobile Devices in Latin America, by Country, 2016-2023 ($Million) |
Table 6.13 | Fingerprint Sensors Shipments in Mobile Devices in Western Europe, by Country, 2016-2023 (Million Units) |
Table 6.14 | Fingerprint Sensors Market in Mobile Devices in Western Europe, by Country, 2016-2023 ($Million) |
Table 6.15 | Fingerprint Sensors Shipments in Mobile Devices in Middle East and Africa, by Region, 2016-2023 (Million Units) |
Table 6.16 | Fingerprint Sensors Market in Mobile Devices in Middle East and Africa, by Region, 2016-2023 ($Million) |
Table 6.17 | Fingerprint Sensors Shipments in Travel Segment, by Region, 2016-2023 (Million Units) |
Table 6.18 | Fingerprint Sensors Market in Travel Segment, by Region, 2016-2023 |
Table 6.19 | Fingerprint Sensors Shipments in Travel Segment in APAC, by Country, 2016-2023 (Million Units) |
Table 6.20 | Fingerprint Sensors Market in Travel Segment in APAC, by Country, 2016-2023 ($Million) |
Table 6.21 | Fingerprint Sensors Shipments in Travel Segment in North America, by Country, 2016-2023 (Million Units) |
Table 6.22 | Fingerprint Sensors Market in Travel Segment in North America, by Country, 2016-2023 ($Million) |
Table 6.23 | Fingerprint Sensors Shipments in Travel Segment in Latin America, by Country, 2016-2023 (Million Units) |
Table 6.24 | Fingerprint Sensors Market in Travel Segment in Latin America, by Country, 2016-2023 ($Million) |
Table 6.25 | Fingerprint Sensors Shipments in Travel Segment in Western Europe, by Country, 2016-2023 (Million Units) |
Table 6.26 | Fingerprint Sensors Market in Travel Segment in Western Europe, by Country, 2016-2023 ($Million) |
Table 6.27 | Fingerprint Sensors Shipments in Travel Segment in Middle East and Africa, by Region, 2016-2023 (Million Units) |
Table 6.28 | Fingerprint Sensors Market in Travel Segment in Middle East and Africa, by Region, 2016-2023 ($Million) |
Table 6.29 | Fingerprint Sensors Shipments in Commercial Segment, by Region, 2016-2023 (Million Units) |
Table 6.30 | Fingerprint Sensors Market in Commercial Segment, by Region, 2016-2023 ($Million) |
Table 6.31 | Fingerprint Sensors Shipments in Commercial Segment in APAC, by Country, 2016-2023 (Million Units) |
Table 6.32 | Fingerprint Sensors Market in Commercial Segment in APAC, by Country, 2016-2023 ($Million) |
Table 6.33 | Fingerprint Sensors Shipments in Commercial Segment in North America, by Country, 2016-2023 (Million Units) |
Table 6.34 | Fingerprint Sensors Market in Commercial Segment in North America, by Country, 2016-2023 ($Million) |
Table 6.35 | Fingerprint Sensors Shipments in Commercial Segment in Latin America, by Country, 2016-2023 (Million Units) |
Table 6.36 | Fingerprint Sensors Market in Commercial Segment in Latin America, by Country, 2016-2023 ($Million) |
Table 6.37 | Fingerprint Sensors Shipments in Commercial Segment in Western Europe, by Country, 2016-2023 (Million Units) |
Table 6.38 | Fingerprint Sensors Market in Commercial Segment in Western Europe, by Country, 2016-2023 ($Million) |
Table 6.39 | Fingerprint Sensors Shipments in Commercial Segment in Middle East and Africa, by Region, 2016-2023 (Million Units) |
Table 6.40 | Fingerprint Sensors Market in Commercial Segment in Middle East and Africa, by Region, 2016-2023 ($Million) |
Table 6.41 | Fingerprint Sensors Shipments in Smartcards (Million Units) |
Table 6.42 | Fingerprint Sensors Market in Smart Card Segment, by Region, 2016-2023 ($Million) |
Table 6.43 | Fingerprint Sensors Market in Smartcard Segment in Asia Pacific, by Country, 2016-2023 ($Million) |
Table 6.44 | Fingerprint Sensors Market in Smartcard Segment in North America, by Country, 2016-2023 ($Million) |
Table 6.45 | Fingerprint Sensors Market in Smartcard Segment in Latin America, by Country, 2016-2023 ($Million) |
Table 6.46 | Fingerprint Sensors Market in Smartphone Segment in Western Europe, by Country, 2016-2023 ($Million) |
Table 6.47 | Fingerprint Sensors Market in Smartcard Segment in Middle East and Africa Region, 2016-2023 ($Million) |
Table 6.48 | Fingerprint Sensors Shipments in Residential Sector, 2016-2023 (Million Units) |
Table 6.49 | Fingerprint Sensors Market in Residential Sector, by Region, 2016-2023 |
Table 6.50 | Fingerprint Sensors Market in Residential Sector in APAC, by Country, 2016-2023 ($Million) |
Table 6.51 | Fingerprint Sensors Market in Residential Sector in North America, by Country, 2016-2023 ($Million) |
Table 6.52 | Fingerprint Sensors Market in Residential Segment in Latin America, by Country, 2016-2023 ($Million) |
Table 6.53 | Fingerprint Sensors Market in Residential Segment in Western Europe, by Country, 2016-2023 ($Million) |
Table 6.54 | Fingerprint Sensors Market in Residential Segment in Middle East and Africa, 2016-2023 |
Table 6.55 | Fingerprint Sensors Shipments in Automotive, 2016-2023 (Million Units) |
Table 6.56 | Fingerprint Sensors Market in Automotive Segment, by Region, 2016-2023 ($Million) |
Table 6.57 | Fingerprint Sensors Market in Automotive Sector in APAC, by Country, 2016-2023 ($Million) |
Table 6.58 | Fingerprint Sensors Market in Automotive Sector in North America, by Country, 2016-2023 ($Million) |
Table 6.59 | Fingerprint Sensors Market in Automotive Sector in Latin America, by Country, 2016-2023 ($Million) |
Table 6.60 | Fingerprint Sensors Market in Automotive Sector in Western Europe, by Country, 2016-2023 ($Million) |
Table 6.61 | Fingerprint Sensors Market in Automotive Segment in Middle East and Africa, 2016-2023 ($Million) |
Table 6.62 | Fingerprint Sensors Shipments in Healthcare Segment, by Region, 2016-2023 (Million Units) |
Table 6.63 | Fingerprint Sensors Market in Healthcare Segment, by Region, 2016-2023 ($Million) |
Table 6.64 | Fingerprint Sensors Market in Healthcare Segment in APAC, by Country, 2016-2023 ($Million) |
Table 6.65 | Fingerprint Sensors Market in Healthcare Segment in North America, by Country, 2016-2023 ($Million) |
Table 6.66 | Fingerprint Sensors Market in Healthcare Segment in Latin America, by Country, 2016-2023 ($Million) |
Table 6.67 | Fingerprint Sensors Market in Healthcare Segment in Western Europe, by Country, 2016-2023 ($Million) |
Table 6.68 | Fingerprint Sensors Market in Healthcare Segment in Middle East and Africa, 2016-2023 ($Million) |
Table 6.69 | Fingerprint Sensor Shipments in Government Segment, by Region, 2016-2023 (Million Units) |
Table 6.70 | Fingerprint Sensors Market in Government Segment, by Region, 2016-2023 ($Million) |
Table 6.71 | Fingerprint Sensors Market in Government Segment in APAC, by Country, 2016-2023 ($Million) |
Table 6.72 | Fingerprint Sensors Market in Government Sector in North America, by Country, 2016-2023 ($Million) |
Table 6.73 | Fingerprint Sensors Market in Government Segment in Latin America, by Country, 2016-2023 ($Million) |
Table 6.74 | Fingerprint Sensors Market in Government Segment in Western Europe, by Country, 2016-2023 ($Million) |
Table 6.75 | Fingerprint Sensors Market in Government Segment in Middle East and Africa Region, 2016-2023 ($Million) |
Table 7.1 | Fingerprint Sensors Market Size by Geography, 2016-2023 ($Million) |
Table 7.2 | North America Fingerprint Sensors Market, 2016-2023 ($Million) |
Table 7.3 | Asia Pacific Fingerprint Sensors Market, 2016-2023 ($Million) |
Table 7.4 | Latin America Fingerprint Sensors Market, 2016-2023 ($Million) |
Table 7.5 | Western Europe Fingerprint Sensors Market, 2016-2023 ($Million) |
Table 7.6 | ROW Fingerprint Sensor Market, 2016-2023 ($Million) |
Figure 1 | Increasing Fraud Cases Leading to Increased Adoption of Fingerprint Sensors |
Figure 2 | Fingerprint Sensors Market by Type |
Figure 3 | Optical Fingerprint Sensors to Grow Fastest |
Figure 4 | Fingerprint Sensors in Automotive Sector Expected to Witness the Fastest Growth |
Figure 5 | Asia Pacific to Witness Fastest Growth |
Figure 1.1 | Fingerprint Sensors Market Scope |
Figure 1.2 | Top Down and Bottom up Approach |
Figure 1.3 | Assumptions and Limitations |
Figure 2.1 | Market Dynamics Snapshot |
Figure 3.1 | Porter’s Five Forces Analysis |
Figure 3.2 | Value Chain Analysis |
Figure 4.1 | Classification of Fingerprint Sensor Market by Type |
Figure 4.2 | Fingerprint Sensors and their Applications |
Figure 4.3 | Fingerprint Sensors Market by Type Snapshot |
Figure 4.4 | Area Sensors Market Size, 2016 – 2023 |
Figure 4.5 | Touch Sensors Market Size, 2016 - 2023 |
Figure 5.1 | Classification of Global Fingerprint Sensors Market by Technology |
Figure 5.2 | Fingerprint Sensors Market by Technology Snapshot |
Figure 5.3 | Optical Sensors Market Size, 2016 - 2023 |
Figure 5.4 | Thermal Sensors Market Size, 2016 - 2023 |
Figure 5.5 | Ultrasonic Sensors Market Size, 2016 - 2023 |
Figure 5.6 | Capacitive Sensors Market Size, 2016 - 2023 |
Figure 6.1 | Fingerprint Sensors Application Market Snapshot |
Figure 6.2 | Market Snapshot |
Figure 6.3 | Fingerprint Sensors Market in Mobile Devices Snapshot |
Figure 6.4 | Fingerprint Sensor Market in Travel Segment Snapshot |
Figure 6.5 | Fingerprint Sensors Market in Commercial Segment Snapshot |
Figure 6.6 | Fingerprint Sensors Market in Smart Cards Snapshot |
Figure 6.7 | Fingerprint Sensors Market in Residential Segment Snapshot |
Figure 6.8 | Fingerprint Sensors Market in Automotive Segment Snapshot |
Figure 6.9 | Fingerprint Sensors Market in Healthcare Segment Snapshot |
Figure 6.10 | Fingerprint Sensors Market in Government Segment Snapshot |
Figure 7.1 | Fingerprint Sensors Market: Geographical Segmentation |
Figure 7.2 | Fingerprint Sensors Market by Region Snapshot |
Figure 7.3 | North American Fingerprint Sensor Market Size, 2016-2023 |
Figure 7.4 | The U.S Fingerprint Sensor Market, 2016-2023 ($Million) |
Figure 7.5 | Canada Fingerprint Sensor Market, 2016 -2023 ($Million) |
Figure 7.6 | Asia Pacific Fingerprint Sensor Market, 2016-2023 ($Million) |
Figure 7.7 | China Fingerprint Sensor Market, 2016-2023 ($Million) |
Figure 7.8 | India Fingerprint Sensor Market, 2016-2023 ($Million) |
Figure 7.9 | Japan Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.10 | South Korea Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.11 | APAC Others Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.12 | Latin America Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.13 | Mexico Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.14 | Brazil Fingerprint Sensors Market 2016-2023 ($Million) |
Figure 7.15 | Argentina Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.16 | Western Europe Fingerprint Sensors Market, 2016-2023 |
Figure 7.17 | U.K Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.18 | Spain Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.19 | France Fingerprint Sensor Market, 2016-2023 ($Million) |
Figure 7.20 | Germany Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.21 | RoW Fingerprint Sensor Market, 2016-2023 ($Million) |
Figure 7.22 | Middle East Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.23 | Drivers for the Growth of Fingerprint Sensor Technology in Middle East |
Figure 7.24 | Africa Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 7.25 | Central and Eastern Europe Fingerprint Sensors Market, 2016-2023 ($Million) |
Figure 8.1 | 3M Cogent: Overall Financials (2014-2016) |
Figure 8.2 | 3M Cogent: Revenue by Business Segment (2014-2016) |
Figure 8.3 | 3M Cogent:Net Revenue by Geography (2014-2016) |
Figure 8.4 | Aware Inc.: Overall Financials (2014-2016) |
Figure 8.5 | Aware Inc.: Net Revenue by Segment (2014-2016) |
Figure 8.6 | BIO-Key International: Overall Financials (2014-2016) |
Figure 8.7 | Fingerprint Cards AB: Overall Financials (2014-2016) |
Figure 8.8 | NEC Corporation: Overall Financials (2014-2016) |
Figure 8.9 | NEC Corporation: Financials by Business Segments (2014-2016) |
Figure 8.10 | NEXT Biometrics: Overall Financials (2014-2016) |
Figure 8.11 | Precise Biometrics: Overall Financials (2014-2016) |
Figure 8.12 | Precise Biometrics: Revenue by Business Segment (2014-2016) |
Figure 8.13 | Synaptics: Overall Financials (2014-2016) |
Figure 8.14 | Synaptics: Revenue by Business Segments (2014-2016) |
Figure 8.15 | Synaptics: Revenue by Business Region (2014-2016) |
Report Description
The global fingerprint sensor market was worth XX billion in FY 2016 and is expected to witness a tremendous growth, growing at a CAGR of XX.XX% during the forecast period of 2017-2023. The market is growing due to increasing smartphone proliferation and growing security and safety concerns. Growing usage of biometric devices across various organizations has also propelled the growth of fingerprint sensors market. The report is a compilation of various segments including market dynamics, market breakdown by sensor type, by technology, by application and by geography.
The report provides a comprehensive market analysis and forecast along with the recent trends influencing the markets. While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financials, financial summary and SWOT analysis.
The company profiles section includes highlights of significant information about the key companies involved along with their corporate overview, financial summary, SWOT analysis, key strategies & developmental activities of recent years (2015-2017). Some of the key players are Synaptics, Precise Biometrics, Next Biometrics, NEC Corporation, Fingerprint Cards AB and Bio-Key International.
Key Questions Answered in this Report
• What are the major market drivers, challenges and opportunities in the global fingerprint sensors market?
• How will the fingerprint sensors market evolve and what is its scope in the future?
• What is the market share of the leading segments and sub-segments of the global fingerprint sensors market in 2016 and 2023?
• How will each segment of the global fingerprint sensors market grow during the forecast period and what will be the revenue generated by each of the segments by the end of 2023?
• How will the industry evolve during the forecast period between 2016 and 2023?
• What will be the growth rate of different segments during the forecast period? Which is the leading segment by application?
• How the market has been segmented on the basis of application?
• Which geographical location will dominate the fingerprint sensors market?
• What are the new strategies adopted by the existing market players to make a mark in the industry?
• Who are the key players in the fingerprint sensors market?
• What major opportunities do the fingerprint sensors companies foresee?
• What strategies are adopted by fingerprint sensors manufacturers to sustain or grow in the market?
• What are the impacts of recent big acquisitions in the fingerprint sensors market?
Market Overview
Fingerprint sensors market has undergone a transformation in the last couple of years and these sensors offer security, ease of access and reliability. This form of authentication is considered to be one of the most viable deterrent to people with malevolent intentions. It has helped to identify known suspects traversing crowded security areas such as airports, railway stations and others. Further, multiple terror attacks have been prevented using the innovations in this physical security form.
North America being an early adopter of fingerprint sensors boasts of market worth XX.XX million. However APAC region being led by two developing nations, India and China is adopting the fingerprint sensors across various applications thus witnessing the fastest growth. The APAC region is expected to grow at a CAGR of XX.XX% to become a $XX.XX million market by 2023. Proliferation of smart phones coupled with government initiatives to adopt fingerprint sensors will drive the growth in the region.
In terms of fingerprint sensors split by technology, capacitive sensors had the largest share in 2016. However Optical sensors are expected to witness the fastest growth. Significant developments and innovations are taking place in optical sensors. A major factor that drives the growth of optical sensors is significant increase in demand of optical sensors across wide range of applications.
In terms of application, Mobile Devices had the largest share in 2016. However automotive segment is expected to grow fastest throughout growing at a CAGR of XX percent from 2017 to 2023. This growth can be attributed increasing interest of car manufacturers towards implementing fingerprint solutions in their cars so as to strengthen car’s security.
Some of the key companies in the market are Synaptics, Precise Biometrics, Next Biometrics, NEC Corporation, Fingerprint Cards AB and Bio-Key International. These companies are actively aiming for an increased participation through partnerships and new product launches in order to expand their operations and offerings to target potential clientele.
Global Fingerprint Sensors Market, Analysis and Forecast, 2017-2023
Focus on Area, Swipe and Touch Sensors, Technology- Capacitive, Optical, Ultrasonic, Thermal Sensors, Application- Mobile Devices, Travel, Commercial, Smart Cards, Residential, Automotive, Healthcare and Government