The global fingerprint sensor market was worth USD 3.9 billion in 2021 and is anticipated to grow with a CAGR of 10.9% over 2022-2030, thereby amassing a valuation of USD 8.88 billion by end of the stipulated timeline.
Fast, safe, and simple access to personal contact information, emails, payment information, location data, and other forms of encrypted data are provided to authenticated users through optical fingerprint sensors. Fingerprint sensors enable quick record keeping and control of attendance portals. They are less expensive when compared to other biometric authentication technologies. These elements contribute to the fingerprint sensor market's continued growth.
The primary factors driving the fingerprint sensor market are the introduction of optical fingerprint sensors in smartphones and other consumer devices, government financing for fingerprint sensor adoption, and the usage of biometrics in mobile commerce. The market is also anticipated to rise due to the widespread use of fingerprint sensors in smartphones for functions including unlocking devices and applications and processing payments. The market expansion for consumer electronics is supported by ongoing improvements and breakthroughs in fingerprint scanning technology.
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Global 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
By Products
- Authentication System in smart device
- Attendance recording system
- Access Control systems
- Biometric system
- Digital locks
- Biometric Smartcards
- Financial card
- ID Card
- Others
Top Key Players:-
- Synaptics
- 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
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