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Fingerprint Sensors Market 2021 Strategic Assessments - Qualcomm Incorporated, TDK Corporation (Invensense), Vkansee Technology Inc., Egis Technology Inc.

09-13-2021 11:58 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

The Fingerprint Sensors Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The fingerprint sensors market was valued at USD 6.29 billion in 2020 and is expected to reach USD 18.87 billion by 2026 and grow at a CAGR of 20.5% over the forecast period (2021 - 2026).

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Top Leading Companies of Fingerprint Sensors Market are Qualcomm Incorporated, TDK Corporation (Invensense), Vkansee Technology Inc., Egis Technology Inc., Fingerprint Cards AB, Goodix Ltd., Idex ASA, NEC Corporation, Next Biometrics Group ASA, Sonavation Inc., Synaptics, Inc., Thales Group (Gemalto NV), Idemia France SAS and others.

Regional Outlook of Fingerprint Sensors Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Industry News and Developments:

- December 2019 - Qualcomm has launched a second-generation version of its ultrasonic in-display fingerprint sensor, the 3D Sonic Max, that to fix the issues with the original 3D Sonic Sensor by offering a sensor that’s 17 times bigger than the one that was launched previously.
- Jan 2020 - Samsung has launched its premium Galaxy Chromebook at CES. It features Fingerprints Card AB’s FPC1145 sensor for a convenient extra layer of corporate and end-user security. For this model, the company delivered its unique software with features like FPC OneTouch, FPC 360Touch, and EvoTouch.

Key Market Trends:

Asia-Pacific to Witness Highest Growth

- The increasing usage of biometric devices in various organizations and the growth in the usage of wearable devices and growing security and safety concerns are anticipated to drive the fingerprint sensors market in the Asia-Pacific region with a significant growth rate over the forecast period. The increasing mobile transactions in countries such as India and China are also expected to be one of the significant drivers for the mobile biometrics market in the region.
- China is witnessing a high mobile volume of smartphone shipments is also expected to drive the fingerprint sensor market in the region with almost all of the recent smartphones that are incorporating them be it capacitive or optical. In 2019, China's smartphone shipments were valued at 369 million units, whereas distribution channels started to clear 4G inventory in anticipation of 5G uptake in the new year. With the wider rollout of 5G and more incentives given by operators this year, 5G smartphones are expected to exceed 150 million units in 2020. Huawei alone shipped 33 million smartphone units in the last quarter of 2019.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082591862/fingerprint-sensors-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=PD                                                               

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Fingerprint Sensors Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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