Product Code: CMI5444
The global fingerprint sensors market is estimated to be valued at US$ 10.26 Bn in 2024 and is expected to reach US$ 21.97 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 10.26 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
11.50% |
2031 Value Projection: |
US$ 21.97 Bn |
Figure. Fingerprint Sensors Market Share (%), By Region 2024
The global fingerprint sensors market has been witnessing significant growth in recent years. Fingerprint sensors work by scanning and recognizing the fingerprints of users to provide secure access to devices and applications. They are being widely adopted across smart devices such as smartphones, laptops, and smart TVs owing to their convenience as a biometric identification method. Factors such as growing digitization, increasing demand for robust security features in consumer electronics and IoT devices, and the need for contactless biometrics amid the COVID-19 pandemic are driving the demand for fingerprint sensors globally.
Market Dynamics:
The global fingerprint sensors market is driven by the growing adoption of biometrics for authentication across various end-use industries. The demand for contactless and hassle-free identification solutions is surging due to the COVID-19 pandemic, benefitting the market growth. However, high production costs and complexity compared to other biometric technologies restrain the market growth. Meanwhile, the emerging areas of application, such as payment security, IoT access control, and automotive sector, present lucrative opportunities. Advancements in fingerprint sensor technologies towards smaller sizes, lower power consumption, and higher accuracy will further aid the market expansion over the forecast period.
Key Features of the Study:
This report provides in-depth analysis of the global fingerprint sensors market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global fingerprint sensors market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Apple Inc., CrucialTec, Egis Technology Inc., Fingerprint Cards AB, Goodix Technology, IDEX Biometrics, Invixium, M2SYS Technology, NEXT Biometrics, Novatek Microelectronics Corp., Qualcomm Technologies, Inc., Synaptics Incorporated, Touch Biometrix, Vicharak, and VKANSEE
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global fingerprint sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fingerprint sensors market
Detailed Segmentation-
- By Type
- Optical Fingerprint Sensors
- Capacitive Fingerprint Sensors
- Ultrasonic Fingerprint Sensors
- Others (Thermal, Piezoelectric, etc.)
- By Technology
- Touch Fingerprint Sensors
- Swipe Fingerprint Sensors
- Area Fingerprint Sensors
- By Vertical
- Consumer Electronics (Smartphones, Laptops, Tablets)
- Banking, Financial Services, and Insurance (BFSI)
- Government and Law Enforcement
- Healthcare
- Automotive
- Others (Industrial, Retail, etc.)
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- Apple Inc.
- CrucialTec
- Egis Technology Inc.
- Fingerprint Cards AB
- Goodix Technology
- IDEX Biometrics
- Invixium
- M2SYS Technology
- NEXT Biometrics
- Novatek Microelectronics Corp.
- Qualcomm Technologies, Inc.
- Synaptics Incorporated
- Touch Biometrix
- Vicharak
- VKANSEE
Table of Contents
1. RESEARCH OBJECTIVES AND ASSUMPTIONS
- Research Objectives
- Assumptions
- Abbreviations
2. MARKET PURVIEW
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Fingerprint Sensors Market, By Type
- Global Fingerprint Sensors Market, By Technology
- Global Fingerprint Sensors Market, By Vertical
3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Fingerprint Sensors Market, By Type, 2024-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Optical Fingerprint Sensors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Capacitive Fingerprint Sensors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Ultrasonic Fingerprint Sensors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Others (Thermal, Piezoelectric, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
5. Global Fingerprint Sensors Market, By Technology , 2024-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Touch Fingerprint Sensors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Swipe Fingerprint Sensors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Area Fingerprint Sensors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
6. Global Fingerprint Sensors Market, By Vertical, 2024-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Consumer Electronics (Smartphones, Laptops, Tablets)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Banking, Financial Services, and Insurance (BFSI)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Government and Law Enforcement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Others (Industrial, Retail, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
7. Global Fingerprint Sensors Market, By Region, 2019 - 2031, Value (US$ Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (US$ Bn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (US$ Bn)
- Regional Trends
- Introduction
- Market Size and Forecast, By Type , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Technology , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Vertical , 2019 - 2031, Value (US$ Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Type , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Technology , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Vertical , 2019 - 2031, Value (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Type , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Technology , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Vertical , 2019 - 2031, Value (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Type , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Technology , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Vertical , 2019 - 2031, Value (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Type , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Technology , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Vertical , 2019 - 2031, Value (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Type , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Technology , 2019 - 2031, Value (US$ Bn)
- Market Size and Forecast, By Vertical , 2019 - 2031, Value (US$ Bn)
- South Africa
- North Africa
- Central Africa
8. COMPETITIVE LANDSCAPE
- Apple Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- CrucialTec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Egis Technology Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Fingerprint Cards AB
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Goodix Technology
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- IDEX Biometrics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Invixium
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- M2SYS Technology
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- NEXT Biometrics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Novatek Microelectronics Corp.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Qualcomm Technologies, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Synaptics Incorporated
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Touch Biometrix
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Vicharak
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- VKANSEE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us