Fingerprint Sensors Market to Reach US$ 12.4 Billion by 2027 | IMARC Group
SHERIDAN, WY, UNITED STATES, April 22, 2022 /EINPresswire.com/ -- The global fingerprint sensor market size reached a US$ 5.15 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.4 Billion by 2027, exhibiting at a CAGR of 16.42% during 2022-2027.
Report Metric Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
Fingerprint sensors are vital components of electronic security systems that rely on fingerprints for biometric authentication and granting the user access to a device, information or approve transactions. These sensors also provide fast, reliable, and easy access to personal contact details, emails, personal information, and location. They are convenient, cost-effective, facilitate record-keeping and assist in managing attendance portals. Consequently, they are widely adopted in the consumer electronics, aerospace, government and law enforcement, healthcare, defense and military, travel and immigration, and banking, financial services and insurance (BFSI) sectors across the globe.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Fingerprint Sensor Market:
At present, the leading smart device manufacturers are focusing on the integration of fingerprint sensors as they assist users in logging in with a single touch. These sensors increase security, eliminate the use of PIN codes, patterns and passwords, and minimize threats related to hacking and misuse of sensitive data. They are also used to strengthen the authentication process and to offer secure access control in several organizations. This, in confluence with the increasing sales of smartphones, is positively influencing the market growth. Apart from this, the rising incidences of security breaches are also driving the fingerprint sensors market. Furthermore, the incorporation of advanced technologies, including artificial intelligence (AI), to provide a personalized user experience is fostering the market growth.
Request Free Sample Report: https://www.imarcgroup.com/fingerprint-sensor-market/requestsample
Global Fingerprint Sensor Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M Cogent Inc., Anviz Global Inc., Apple Inc., BIO-Key International Inc., Egis Technology Inc, Fingerprint Cards AB, IDEMIA (Advent International Corporation), Idex Biometrics ASA, M2SYS Technology, Next Biometrics Group ASA, NEC Corporation, Qualcomm Technologies Inc., Shenzhen Goodix Technology Co. Ltd., Sonavation Inc., Synaptics Incorporated and Vkansee Technology Inc.
The report has segmented the market on the based on region, type, technology and application.
Breakup by Type:
Area and Touch Sensors
Swipe Sensors
Breakup by Technology:
Capacitive
Optical
Thermal
Others
Breakup by Application:
Consumer Electronics
Government and Law Enforcement
Military, Defense and Aerospace
Travel and Immigration
Banking and Finance
Healthcare
Smart Homes
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://bit.ly/3cYGFLE
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Browse related reports:
Insurance Fraud Detection Market Size : https://bit.ly/30hmW7h
Fitness App Market Report: https://bit.ly/3n7vGVW
Construction Equipment Market: https://bit.ly/2YG0vYp
Online Grocery Market: https://bit.ly/3wDIKWa
Solar Shading Systems Market Report: https://bit.ly/3n8RRLp
Electronic Security Market: https://bit.ly/3vAKcbU
Voltage Regulators Market Report 2022-2027
Millimeter Wave Technology Market: https://bit.ly/36AZUeu
Level Sensor Market: https://bit.ly/3k04XZ4
Intelligent Power Module (IPM) Market: https://bit.ly/3Kdy2es
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson
IMARC Services Private Limited
+1 6317911145
email us here
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
![](https://www.einnews.com/tracking/article.gif?aid=569580650§ion=einpresswire&a=XKhYrXVHpRxCK__z&i=FmByxSwPQ5ivEx-7)