Fingerprint Sensor Market Size will be valued at USD 9.28 billion by 2030, and it was valued at USD 3.99 billion in 2022, and grow at a CAGR of 11.1% over the forecast period 2023-2030.
Fingerprint sensor is part of a biometric security system that scans a person's fingerprints and is used to verify identity. It takes pictures of vivid fingerprints, converts them into digital code, and saves them as minutiae fingerprints. Fingerprint sensor is fast, reliable, convenient, affordable, and can be seamlessly integrated into a variety of devices. As a result, it finds use in consumer electronics, government and law, aerospace, healthcare, defense, military, banks and any other financial and insurance, as well as tourism and international travel sectors.
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Increased identity threats leading to the development of fingerprint technologies.
Biometrics system are often used in government and law enforcement applications to improve security.
Widespread usage of fingerprint sensors for biometric identification in consumer electronics.
Increased use of replacement technology, such face- and iris-scanning.
Threats to the database of biometrics.
IoT-based biometric technology is being adopted more widely.
Biometric smartcards are becoming more common in BFSI applications.
Smartphones with in-display fingerprint sensors are the newest trend.
Use of facial recognition technologies in various applications.
The COVID-19 epidemic has had a small impact on the growth of the fingerprint sensor market. From a regional point of view, the outbreak of COVID-19 has led to a sharp decline in the export-oriented economy due to the temporary closure of manufacturing plants. Aside from the problems related to exports and imports, the growth of the manufacturing industry in Germany was hampered by the closure of the manufacturing industry and the decline in production to accommodate the distribution of COVID-19. Due to the closure, major smartphone companies such as Samsung, Oppo, Vivo, and Xiaomi, had suspended production of smartphones for more than 30 days. As Lockdown closure limits are narrowing in various APAC countries, the fingerprint sensor market is expected to gain momentum in the next two segments. Consumer electronics, including products such as smartphones and smart homes, have become a luxury and a great necessity. This segment, which includes apparels, laptops, desktops, and other electronic devices, has had an impact, as production has slowed down due to disruptions in the global supply chain, including China, the largest OEMs base in the region. From a consumer standpoint, there is an increase in the use of smartphones and other technology, which promotes the expansion of the fingerprint industry.
Based on Type, the fingerprint market is segmented into Swipe Sensors and Area and Touch Sensors. Area and touch sensors are widely used in consumer electronics as these sensors offer a high level of accuracy and precision, thus capturing a large market share. Touch sensors are becoming smaller and more expensive and easier to use. OEMs prefer these sensors over swipe sensors, especially to mobile devices that require smaller sensors to gain integrated products as they are popular with end users in the market.
Based on Technology, the fingerprint market is segmented into Optical, Ultrasonic, Capacitive and Thermal. Ultrasonic sensors read the epidermal skin layer and skin membrane, capturing fine details. Therefore, these sensors can read wet fingers and toes with broken skin or damaged skin. Advances in sensor technology are expected to accelerate the growth of the ultrasonic finger sensor market
Based on Sensor Technology, the fingerprint market is segmented into 2D and 3D.
The market for 2D sensor technology is expected to reach high valuation. 2D sensor technology well suited to perform various detection and operations. Technology is always the preferred choice for OEMs because of its low cost, especially for mobile devices that require less sensors, to produce smaller products that are preferred by end users in the market. However, the 3D fingerprint market is expected to grow at a higher CAGR at the time of forecasting. 3D data provides the most accurate representation of real fingerprints.
Based on Application, the fingerprint market is segmented into Travel and Immigration, Commercial, Automotive, Healthcare, Consumer Electronics, Government and Law Enforcement, Banking & Finance, Smart Homes, Military, Defense, and Aerospace and Others. The consumer electronics application is likely to face a huge market size of fingerprint sensors in the coming years mainly due to the increasing demand for these sensors in consumer devices such as smartphones, tablets, laptops, and notebooks. Consumer IoT devices are expected to provide market opportunities during forecasting.
Area and Touch Sensors
Attendance recording system
Authentication system in smart device
Access Control Systems
By Sensor Technology
Travel and Immigration
Government and Law Enforcement
Banking & Finance
Military, Defense, and Aerospace
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APAC dominates the fingerprint sensor market mainly because consumer electronics are an important application for fingerprint sensors, and APAC is a major consumer electronics market. Key APAC countries include China, Japan, India, and South Korea. The great need for fingerprint sensors is driven by OEMs based in China and South Korea. The major smartphone manufacturers in China include Huawei, Xiaomi, Oppo, and Vivo, while Samsung, based in South Korea, is one of the leaders in the smartphone market, accelerating the growth of the fingerprint market at APAC. Other critical applications for receiving fingerprint sensors at APAC include banking and finance, government and law enforcement, and migration.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The key players in the fingerprint sensor market are Shenzhen Goodix Technology, Synaptics Incorporated, Apple, NEC Corporation, IDEX Biometrics ASA, Fingerprint Cards, Qualcomm Technologies, Thales Group, IDEMIA, HID Global Corporation & Other Players.
NEC Corporation- Company Financial Analysis
|Market Size in 2022
|US$ 3.99 billion
|Market Size by 2030
|US$ 9.28 Million
|CAGR of 11.1% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
|• By Type (Swipe Sensors, Area and Touch Sensors)
• By Product (Attendance Recording System, Biometric Smartcards, Authentication System in Smart Device, Access Control Systems, Others)
• By Technology (Optical, Ultrasonic, Capacitive, Thermal) By Sensor Technology (2D, 3D)
• By Application (Travel and Immigration, Commercial, Automotive, Healthcare, Consumer Electronics, Government and Law Enforcement, Banking & Finance, Smart Homes, Military, Defense, And Aerospace, Others)
|North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Shenzhen Goodix Technology, Synaptics Incorporated, Apple, NEC Corporation, IDEX Biometrics ASA, Fingerprint Cards, Qualcomm Technologies, Thales Group, IDEMIA, HID Global Corporation
|• Increased identity threats leading to the development of fingerprint technologies.
• Biometrics are often used in government and law enforcement applications to improve security.
|• Increased use of replacement technology, such face- and iris-scanning.
• Threats to the database of biometrics.
The market Size will be valued at USD 9.28 billion by 2030.
IoT-based biometric technology is being adopted more widely, Biometric smartcards are becoming more common in BFSI applications, and Smartphones with in-display fingerprint sensors are the newest trend.
The COVID-19 epidemic has had a small impact on the growth of the fingerprint sensor market. From a regional point of view, the outbreak of COVID-19 has led to a sharp decline in the export-oriented economy due to the temporary closure of manufacturing plants.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Fingerprint Sensor Market Segmentation, By Type
8.2 Swipe Sensors
8.3 Area and Touch Sensors
9. Fingerprint Sensor Market Segmentation, By Product
9.2 Attendance recording system
9.3 Biometric Smartcards
9.4 Authentication system in smart device
9.5 Access Control Systems
10. Fingerprint Sensor Market Segmentation, By Technology
11. Fingerprint Sensor Market Segmentation, By Sensor Technology
12. Fingerprint Sensor Market Segmentation, By Application
12.2 Travel and Immigration
12.6 Consumer Electronics
12.7 Government and Law Enforcement
12.8 Banking & Finance
12.9 Smart Homes
12.10 Military, Defense, and Aerospace
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Shenzhen Goodix Technology
14.3 Synaptics Incorporated
14.5 NEC Corporation
14.6 IDEX Biometrics ASA
14.7 Fingerprint Cards
14.8 Qualcomm Technologies
14.9 Thales Group
14.10 HID Global Corporation
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
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