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Global Fingerprint Scanner Market Size, Growth Analysis Report, Forecast to 2027

07-15-2021 10:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global fingerprint scanner Systems market is anticipated to grow at a modest CAGR of around 11.2% during the forecast period (2021-2027). The fingerprint scanners are widely used as biometric detection systems for the identification and safety of data. The rising adoption of smartphone and devices coupled with fingerprint scanning technologies are the prime factor driving the growth of the market. The fingerprint scanners find their major use in various verticals especially government sectors is gaining popularity. Many modern IoT applications depend on fingerprint scanner technologies for added safety and security, and to easily identify users.

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Fingerprint scanners are wide-spreading from smartphones and other wearables to smart industry and smart home applications. The recent developments in fingerprint scanners have increased their importance and are likely to increase the market growth. The market players are also coming up with new and advanced biometric identification systems to fulfil the market demands. Some of the latest systems launched by major market players are:

In Jan 2021, Qualcomm Technologies, Inc. has introduced Qualcomm 3D Second Generation Ultrasonic Sensors for fingerprinting scanning devices. The new device is compatible with smart Flagship smartphones and can identify print with wet hands.
In April 2019, HID Global launched the iCLASS SE RB25F fingerprint reader. The reader includes built-in optical tamper protection, and it supports the Open Supervised Device Protocol (OSDP).

A Full Report of Global Fingerprint Scanner Market is Available at: https://www.omrglobal.com/industry-reports/fingerprint-scanner-market

Besides, these market players are also expanding their product portfolio by adding several new additions to the pipeline of fingerprint scanners to meet growing demand from enterprises and the government. For instance, in April 2021, BIO-Key International, Inc has introduced Pocket10, as a new addition to the fingerprint scanner pipeline. The company also unveiled USB-C versions of its popular SidePass and SideSwipe fingerprint scanners.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Fingerprint Scanner Systems Market Report by Segment

By Sensor Type

Optical Reader
Capacitive Reader
Ultrasonic Reader
Thermal Reader
Others (Pressure, Infrared)

By Matching Software

Minutiae Matching
Pattern Matching

By End-User

Healthcare
Defense
Banking & Finance
Government
Retail
Information and Telecommunication Technology
Education
Manufacturing
Other

Global Fingerprint Scanner Systems Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

Reasons to Buying From us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fingerprint-scanner-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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