Fingerprint Module Market Competitive Landscape Bioenable Technologies, Cross Match Technologies, Fingerprint Cards, Fulcrum Biometrics, 360 Biometrics, Futronic Technology Company Limited

Fingerprint module helps establish the identity of a person, using two processes, namely finger enrolment and finger matching. Data security become one of the major driver for growth of the fingerprint module market, globally.

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Owing to increased hacking, the demand for new technically advanced security products in the security market has increased globally. This increasing demand for security products provides swift growth to the fingerprint module market worldwide. Moreover, the increasing trend of ‘bring your own device’ in various enterprises and rising penetration of smart phone users pose as major drivers accelerating the market of fingerprint module, globally.

Fingerprint Module Market Taxonomy

On the basis of product type, the global Fingerprint module market is classified into:

-Fingerprint readers
-Fingerprint scanners

On the basis of end users, the global Fingerprint module market is classified into:

-Banks
-Government organization
-Telecommunication firms
-Hospitals
-IT Industry

On the basis of devices, the global Fingerprint module market is classified into:

-Smart phones
-Tablet pc
-Laptops
-multimodal biometric readers

Fingerprint Module Market Outlook – North America holds the Largest Market of the Global Fingerprint Module.

North America’s fingerprint module market will hold the dominating position in the global fingerprint module market and is predicted to hold the dominating position in the forecasted period. The expanding usage of the unique finger impression recognition technology in individual document verification, for example, visas and e-passport, to identify travelers at airport terminals in nations like the US and Canada, and the expanding trend of incorporating facilities with biometric frameworks such as fingerprint scanners by OEMs and financial bodies, will reinforce the growth prospects for the fingerprint module market in this locale.

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Bioenable technologies pvt ltd, Cross Match Technologies, Inc, Fingerprint Cards AB, Fulcrum Biometrics, LLC, HID Global, Suprema HQ, 360 Biometrics, Futronic Technology Company Limited, Liteon, Shenzhen CAMA Biometrics Co., Ltd. are some major companies of the global fingerprint module market. Acquisition, merger, innovation and new product launch are some of the major strategies adopted by the market leaders to sustain in the global fingerprint module market.

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This release was published on openPR.