According to a new market report by Lucintel, the future of the fingerprint sensor market looks promising with opportunities in the consumer electronics, government and law enforcement, military, defense, and aerospace, travel and immigration, banking and finance, commercial, healthcare, and smart home industries. The fingerprint sensor market is expected to grow with a CAGR of 15% from 2019 to 2024. The major growth drivers for this market are the proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors, digitization in the time and attendance capturing, and use of biometrics in mobile commerce.
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In this market, area and touch sensors, and swipe sensors are the major sensor types. Within the fingerprint sensor market, consumer electronics, government and law enforcement, military, defense, aerospace, travel and immigration, banking and finance, commercial, healthcare, and smart home are the major end use industries. Capacitive, optical, and thermal are the major technology types of the global fingerprint sensor market.
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APAC will remain the largest market over the forecast period due to increasing demand for smartphones and laptops in this region.
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Apple, Synaptics, Fingerprint Cards, Goodix, Egis Technology, Idemia, Next Biometrics, Anviz Global, IDEX ASA, Gemalto are among the major manufacturers of fingerprint sensors
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the fingerprint sensor market by sensor type, technology, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Fingerprint Sensor Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and fingerprint sensor market by sensor type, technology, end use industry, and region as follows:
By Sensor Type [$M shipment analysis for 2013 – 2024]:
- Area & Touch Sensors
- Swipe Sensors
By Technology [$M shipment analysis for 2013 – 2024]:
By End Use Industry [$M shipment analysis for 2013 – 2024]:
- Consumer Electronics
- Government & Law Enforcement
- Military, Defense, & Aerospace
- Travel & Immigration
- Banking & Finance
- Smart Homes
- Other Applications
By Region [$M shipment analysis for 2013 – 2024]:
- North America
- United States
- Asia Pacific
- Rest of the World
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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fingerprint-sensor-market.aspx or email@example.com.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the fingerprint sensor market, by sensor type (area & touch sensors, swipe sensors), technology ( capacitive, optical thermal), end use industry (consumer electronics, government & law enforcement, military, defense, & aerospace, travel & immigration, banking & finance, commercial, healthcare, smart homes), and region (North America, Europe, Asia Pacific (APAC), Rest of the World (ROW))?
Q.2 which segments will grow at a faster pace and why?
Q.3 which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the fingerprint sensor market?
Q.5 what are the business risks and threats to the fingerprint sensor market?
Q.6 what are emerging trends in this fingerprint sensor market and the reasons behind them?
Q.7 what are some changing demands of customers in the fingerprint sensor market?
Q.8 what are the new developments in the fingerprint sensor market? Which companies are leading these developments?
Q.9 who are the major players in this fingerprint sensor market? What strategic initiatives are being implemented by key players for business growth?
Q.10 what are some of the competitive products and processes in this fingerprint sensor area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, fingerprint sensor market?
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