Press release
North American Fingerprint Sensors Market will Grow at 17.5% CAGR During 2018 – 2023 | Global Key Players – Apple, Synaptics, Fingerprint Cards AB, Goodix, Egis Technology, Silead, Suprema
Marketprognosis.com Publish a New Market Research Report On “North American Fingerprint Sensors Market - Segmented by Type, Application, and Country - Growth, Trends and Forecasts (2018 - 2023)” which contains North American key player’s survey information and forecast to 2023.Overview of the North American Fingerprint Sensors Market:
The North American Fingerprint Sensors Market is expected to witness a CAGR of 17.5% over the forecast period (2018 - 2023). The scope of the report is limited to solutions offered by major players, including providers of swipe sensors and area and touch sensors. The countries considered in the scope of the report include the United States and Canada.
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Owing to the increasing usage of biometric devices across various organizations, increasing use of wearable devices and growing security and safety concerns, the market is expected to grow over the forecast period. Smartphone proliferation in North America has also propelled the growth of the fingerprint sensors market. The high market growth of consumer devices like smartphone, tablets, etc., demand use of fingerprint sensors to maintain privacy and security of data and access. Internet-based online and mobile commerce options, and internet banking enabled with smartphones have further enhanced the demand for fingerprint sensors in smartphones in the region.
The increasing penetration of smartphones, especially in Western North America, has caused an increased demand for smartphones with advanced biometric locking systems, causing smartphones to be the fastest-growing segment in this market during the forecast period. Currently, smart devices are used for almost every activity, such as bill payments, purchases, and even banking. Therefore, there is an increased need for secure biometric authentication systems. This has led to the growth in the demand for fingerprint sensors. In 2016, there was an increase in penetration for smart devices in the United States, whereas in Canada, the penetration rate was relatively lower.
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The fingerprint sensing technology is no longer in its infancy in the United States and the advancements in the technology have led to its wider adoption in several application segments. Secure access control is the major driver for the growth of fingerprint sensors. Access control for entry is done using biometrics in which smart touch sensors and smart fingerprint sensors are used. The sensors are further used for employee monitoring, security breaches, and intruder alerts in the country. Moreover, in the United States, the penetration rate of smartphones is extremely high and crossed 85% by 2017. The high replacement rate of smart devices indicates a potential of about more than 80 million devices, in the next two years. All the aforementioned factors are expected to drive the market for fingerprint sensors.
Major Key Players:
1 Apple Inc.
2 Synaptics Inc.
3 Fingerprint Cards AB
4 Goodix Ltd
5 Egis Technology Inc.
6 Silead Inc.
7 Idex ASA
8 Derma log Identification Systems GmbH and More…………………
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This study answers to the below key questions:
1 What will the market size be in 2023 and what will the growth rate be?
2 What are the key market trends?
3 What is driving this market?
4 What are the challenges to market growth?
5 Who are the key vendors in this market space?
6 What are the market opportunities and threats faced by the key vendors?
7 What are the strengths and weaknesses of the key vendors?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Fingerprint Sensors Market.
Table of Contents:
1 Introduction
2 Research Approach and Methodology
3 Market Insights
4 Market Dynamics
5 North American Fingerprint Sensors Market Segmentation
6 Competitive Intelligence - Company Profiles
7 Investment Analysis
8 Future of the North American Fingerprint Sensors Market
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
Contact us:
ProgMark Pvt. Ltd.
Thane – 421501
India.
sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com
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