Finger Print Sensors Market Size, Share, Analysis, Trends, Growth Report, 2032

Finger Print Sensors Industry Perspective:

The Global Finger Print Sensors Market size accounted for USD 5.74 Billion in 2023 and is expected to reach USD 17.23 Billion by 2032, growing at a CAGR of 14.73% from 2024 to 2032.

Fingerprint sensors are utilized in biometric fingerprint scanners and other fingerprint detecting systems. These gadgets have a fingerprint detection module built-in and are used for security and authenticity. The key characteristics of a biometric fingerprint scanner are accuracy, improved performance, and robustness, all of which are based on proprietary fingerprint biometric technology. A fingerprint scanner is a very safe and appropriate equipment. A fingerprint sensor's operation is mostly dependent on processing. Enrollment and matching are the two fundamental components of fingerprint processing.

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The fingerprint sensor is a type of electronic device used for the identification and verification of the fingerprints of an individual. The main objective of such sensors is to decide whether to allow or deny access of an individual to any physical facility. To summarize, fingerprint sensors are basically a combination of both hardware and software in any physical facility.

The globally rising market penetration rate in Smartphone applications is propelling market demand to a greater extent. In the recent five years, worldwide smartphone penetration has witnessed significant growth that has led to intense competition among leading smartphone OEMs. Globally leading smartphone providers are continuously inducing the latest technologies to attain a huge consumer base. This in return has increased market demand for fingerprint sensors that not only enhance the overall consumer experience but additionally increase the cyber security of customer data.

However, the overall increase in threats due to the biometric database is hampering market growth to some extent. Moreover, the emergence of IoT-based biometric solutions is anticipated to result in lucrative market opportunities during the forecast time frame.

Finger Print Sensors Market: Segmentation

Finger print sensors market is segmented on the basis of technology, type, end-use application area, and region.

The type segment of the market is majorly categorized into swipe, area, and touch.

On the basis of technology, the market is segmented into capacitive, ultrasonic, thermal, and optical sub-segment.

The capacitive technology segment is anticipated to hold a substantial market share during the forecast time frame. one of the major reasons responsible for the notable share of extensively rising usage of various consumer electronics devices such as laptops and smartphones.

By End Use Industry Segment in diversified application areas such as consumer electronics, government & law enforcement, banking & finance, travel & immigration, commercial, military, healthcare and defense, & aerospace among others.

Out of all end-use industries, the consumer electronics sub-segment is observed to account largest market size. The rising adoption of finger print sensors in Smartphones is mainly driving the segment and is expected to continue its dominance during the forecast time frame as well.

On the basis of geography, the global fingerprint sensor market is primly classified into five major regions including North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Attributing to the strong presence of smartphone OEMs such as Oppo, Samsung, and Vivo, Asia Pacific held a prominent market share geographically. China accounted highest market demand in the region and is forecasted to continue its dominance in upcoming years as well.

Fingerprint Sensor Market Regional Insights:

The growing use of biometric devices in various companies, the rise of wearable devices, and rising security and safety concerns are expected to propel the fingerprint sensors market in the Asia Pacific region at a substantial rate throughout the forecast period. One of the major drivers for the mobile biometrics market in the area is expected to be the rise in mobile transactions in countries like India and China.

The number of Smartphone shipments in China is really high. It is also projected to propel the region's fingerprint sensor industry, with nearly all recent smart phones including one, whether capacitive or optical. In 2022, China shipped 369 million smart phones, while distribution channels began clearing 4G inventories in preparation of 5G adoption in the coming year. 5G smart phones are predicted to exceed 150 million units in 2022, thanks to a greater rollout of 5G and more incentives provided by carriers this year. In the fourth quarter of 2022, Huawei alone shipped 33 million smart phones.

The objective of the report is to present a comprehensive analysis of the global Fingerprint Sensor market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

Finger Print Sensors Market: Report Scope

Finger Print Sensors Market: Competitive Space

Some of the globally renowned companies in finger print sensors market are 

• Shenzhen Goodix Technology Co.Ltd.
• Fingerprint Cards AB
• Synaptics Incorporated
• Apple Inc.
• Egis Technology Inc.
• CrucialTec
• NEXT Biometrics Group ASA
• Novatek
• Microelectronics Corp.
• Q Technology (Group) Company Limited
• Qualcomm Technologies.Inc.
• IDEX Biometrics ASA
• CMOS Sensor Inc.
• ELAN Microelectronics Corporation
• FocalTech
• id3 Technologies
• IDEX Biometrics
• Japan Display Inc.
• OXi Technology
• Sonavation Inc.
• Touch Biometrix
• Vkanse

The report segment of global finger prints sensor market as follows:

Global Finger Print Sensor Security Market: Type Segment Analysis

• Swipe
• Area and Touch

Global Finger Print Sensor Security Market: Technology Segment Analysis

• Capacitive
• Ultrasonic
• Thermal
• Optical

Global Finger Print Sensor Market: End Use Industry Segment Analysis

• Consumer Electronics
• Government & Law Enforcement
• Banking & Finance
• Travel & Immigration
• Commercial
• Military
• Healthcare
• Defense, & Aerospace
• Others

Global Finger Print Sensor Market: By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa