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Fingerprint Sensor Market To Boost US$ 12.4 Billion By 2027 | CAGR 16.42% - IMARC Group

03-16-2023 06:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Fingerprint Sensor Market:

Fingerprint Sensor Market:

According to the latest research report by IMARC Group, titled "Fingerprint Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global fingerprint sensor market reached a value of US$ 5.15 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.4 Billion by 2027, exhibiting at a CAGR of 16.42% during 2022-2027.

Industry Definition and Application:

A fingerprint sensor is a component of the biometric security system that scans the fingerprint of individuals to authenticate their identity. It captures high-contrast fingerprint images, converts them into digital code, and stores them as fingerprint minutiae. It is fast, reliable, convenient, cost-effective, and can be seamlessly integrated into different devices. As a result, it finds application in consumer electronics, military and defense, government, law enforcement, aerospace, healthcare, banking, financial services and insurance (BFSI), and travel industries across the globe.

Global Fingerprint Sensor Market Trends:

Rapid urbanization and a significant rise in security breaches across various industries represent one of the key factors catalyzing the demand for fingerprint sensors. These sensors enhance the authentication procedures and provide secure access control for various information technology (IT) systems. Moreover, they are employed in corporate and government organizations for digitizing time and attendance systems, which is creating a positive market outlook. Besides this, the integration of fingerprint sensors into smartphones for unlocking phones and applications and modern vehicles for opening door locks is strengthening the market growth. Furthermore, leading market players incorporating advanced technologies, such as artificial intelligence (AI) and machine learning (ML), for improving the accuracy of authentication and offering a personalized user experience, which is stimulating the market growth.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/fingerprint-sensor-market/requestsample

Global Fingerprint Sensor Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

3M Cogent Inc.
Anviz Global Inc.
Apple Inc.
BIO-Key International Inc.
Egis Technology Inc
Fingerprint Cards AB
IDEMIA (Advent International Corporation)
Idex Biometrics ASA
M2SYS Technology
Next Biometrics Group ASA
NEC Corporation
Qualcomm Technologies Inc.
Shenzhen Goodix Technology Co. Ltd.
Sonavation Inc.
Synaptics Incorporated and Vkansee Technology Inc.

The report has segmented the market on the based on region, type, technology and application.

Breakup by Type:

Area and Touch Sensors
Swipe Sensors

Breakup by Technology:

Capacitive
Optical
Thermal
Others

Breakup by Application:

Consumer Electronics
Government and Law Enforcement
Military, Defense and Aerospace
Travel and Immigration
Banking and Finance
Healthcare
Smart Homes
Others

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/fingerprint-sensor-market

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports By IMARC Group

Electronic Security Market: https://www.openpr.com/news/2812518/global-electronic-security-market-size-share-worth-us-80-0

Fiber Laser Market: https://www.openpr.com/news/2814002/fiber-laser-market-to-reach-us-4-1-billion-globally-by-2027

Hybrid devices market: https://www.openpr.com/news/2837739/at-18-07-cagr-hybrid-devices-market-to-be-worth-us-89-3-billion

Industrial Sensors Market: https://www.openpr.com/news/2915615/industrial-sensors-market-size-share-growth-and-forecast

Voltage Regulators Market: https://www.openpr.com/news/2862537/voltage-regulators-market-size-share-demand-key-players

Contact Us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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