The Global Fingerprint Sensors Market is forecasted to be worth USD 10.36 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of in-display and capacitive fingerprint in smartphones & other IoT devices owing to its more accurate personal identification, reduced risks of security breaches, and huge overall growth of the IoT device industry.

The report offers an exhaustive overview of the market, along with a precise summary of the market’s leading regions. Our team of analysts has studied the existing competitive landscape of the market inside out, focusing on the leading companies and their business expansion strategies. The report ends with conclusive data offering useful insights into the market growth on both regional and global levels.

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The prominent players of the global Fingerprint Sensors market are expected to contribute significantly to the revenue generation owing to increasing demand for the Fingerprint Sensors products in the industry.

Prominent Players Profiled in the Fingerprint Sensors Market:

Honeywell Commercial Security, Axis Communications, Bosch Security and Safety Systems, FLIR Systems, Panasonic i-PRO Sensing Solutions, NEC, Nice Systems, Huawei Technologies, Hanwha Techwin, and CP Plus, among others.

Further key findings from the report suggest

• In June 2020, TCL and China Star Optoelectronics Technology Co., Ltd (CSOT) revealed their recent development of a new full-screen single-point in-display fingerprint technology for the LCD screens. This new fingerprint sensor is also said to have an ultra-high fingerprint recognition rate that is supposed to reach the level offered by the existing OLED displays with under-display fingerprint sensors and even could have the potential to surpass it.
• The ultrasonic fingerprint recognition sub-segment is growing with the fastest growth rate of 19.2% during the projected period with an extensive implementation in the smartphone industry owing to higher accuracy & precision in a sonic-pulse wave-based three-dimensional fingerprint image sensing system.
• The developing regions including China, India, Vietnam, Taiwan, and South Korea in the Asia Pacific are experiencing a rapid development in the smartphone & electronic devices and growing incidences of security threats, and a huge concern for the personal authentication along with a higher economic development in the developing countries deliberately help propel the market enforcement.

Fingerprint Sensors Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Fingerprint Sensors Market on the basis of Technology, Industry Vertical, Type, System Type, Component, and Region:

• Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
  • Capacitive
  • Optical
  • Thermal
  • Ultrasonic
• Industry Vertical Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
  • Consumer Electronics
  • Government & Defense
  • Banking, Financial services, and Insurance (BFSI)
  • IT & Telecommunication
  • Retail and E-commerce
  • Human Resource
  • Healthcare
  • Others
• Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
  • Minutiae-based Matching
  • Pattern Matching
• Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
  • Hardware
  • Software
• System Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
  • Unimodal Biometric Systems
  • Multimodal Biometric Systems

Key Geographical Segments:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Research Methodology

Our team of analysts has performed an accurate analysis of significant market elements leveraging advanced primary and secondary research tools. They have deployed well-known analytical tools like SWOT Analysis and Porter’s Five Forces Analysis for the comprehensive market study. A great deal of vital data &information related to the Fingerprint Sensors market has been gathered in the report from various reliable sources. Under the primary research study, detailed supply chain analysis, value chain analysis, several industry experts’ interviews, and a brief analysis of the Fingerprint Sensors market’s vendor landscape have been covered. Therefore, as part of secondary research, the report offers vital information pertaining to the company profiles of the key market contenders. Hence, the report’s market segmentation section looks at the global sector to scrutinize key trends, regional markets, and recent industry developments.

Reasons to Purchase this Report:

• The report performs qualitative and quantitative analyses of the Fingerprint Sensors market based on both the economic and non-economic factors.
• It accurately indicates the regional segments expected to witness the fastest market growth rate.
• The report endows the reader with an in-depth understanding of the competitive landscape of the Fingerprint Sensors market, with the market ranking of the major players and their new product launches, partnerships, and various other business expansion strategies.

Table of Content
Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Fingerprint Sensors Market Segmentation & Impact Analysis
    4.1. Fingerprint Sensors Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growing incidences of security breaches
                    4.2.2.2. Extensive proliferation of smartphone industry
                    4.2.2.3. Huge growth in the IoT devices & fingerprint biometric implementation in them
          4.2.3. Market restraints analysis
                    4.2.3.1. Rising cases of identity data losses
                    4.2.3.2. Inefficient research methodologies
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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