Press release
Fingerprint Sensor Market: Escalating Growth Driven by Internet of Things, Projected to Reach $15.35 Billion by 2029
Fingerprint Sensor Market
The global fingerprint sensor market is witnessing rapid growth due to enhanced security needs, proliferation of mobile devices, regulations, and technological innovations.
What Is The Projected Market Size Of The Global Fingerprint Sensor Market And Its Growth Rate?
• Historical period market size: The fingerprint sensor market has grown from $6.86 billion in 2024 to $8.07 billion in 2025 with a CAGR of 17.5%.
• Forecast period market size: The market is projected to reach $15.35 billion by 2029 with a CAGR of 17.5%.
Driving forces include increased focus on e-commerce and online security, protection of healthcare data, auto biometrics, regulatory compliance, and enhanced border security and immigration controls.
What Is Driving The Growth In The Fingerprint Sensor Market?
Trends in the Internet of Things (IoT) are substantial factors propelling the fingerprint sensor market growth. IoT is a network of interconnected digital devices that can exchange data without human intermediation. Growing IoT adoption enhances efficiency, convenience, and connectivity across diverse domains. For instance, Ericsson reported a rise from 15.7 billion global IoT connections in 2023 to an expected 38.8 billion connections by 2029, further boosting the fingerprint sensor market.
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Who Are the Key Players Driving Fingerprint Sensor Market Growth?
• Anviz Global
• Apple Inc.
• Egis Technology Inc.
• Fingerprint Cards AB
• Shenzhen Goodix Technology Co. Ltd.
• Idex Biometrics ASA
• Nippon Electric Company
• NEXT Biometrics Group ASA
• Qualcomm Technologies Inc.
• Synaptics Incorporated, BIO-key International
• CrucialTec
• Hid Global Corporation
• M2SYS Technology
• Novatek Microelectronics
• Secugen Corporation
• Goodix Technology Inc.
• CMOS Sensor Inc.
• ELAN Microelectronics, Focaltech
• Japan Display Inc.
• Sonavation Inc.
• Touch Biometrix
• Vkansee
• AuthenTrend, BioEnable Technologies
• Crossmatch
• Dermalog Identification Systems GmbH
• HID Global Corporation
• Precise Biometrics AB
• Suprema Inc.
• ZKTeco Inc.
• BioScan Tek
• FacePhi Biometria S.A.
• Fujitsu Limited
• Innovatrics
• Nuance Communications Inc.
What Are The Key Trends In The Fingerprint Sensor Market?
Notable trends in the forecast period include:
• In-display fingerprint sensors
• Ultrasonic fingerprint technology
• Under-display cameras
• Multimodal biometrics
What Are The Segments Of The Global Fingerprint Sensor Market?
• By Type: Area and Touch Sensors, Swipe Sensors
• By Technology: Capacitive, Optical, Thermal, Ultrasonic
• Sensor Technology: 2D, 3D
• By Application: Consumer Electronics, Government and Law Enforcement, Military, Defense, and Aerospace, Travel and Immigration, Banking and Finance, Commercial, Healthcare, Smart Homes, Other Applications
Which Region Leads The Fingerprint Sensor Market?
Asia-Pacific was the largest region in the fingerprint sensor market in 2024. Other regions analyzed in the fingerprint sensor market report include Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Fingerprint Sensor Market Global Market Report?
• Market Size Analysis
• Market Segmentation Analysis
• Key Player Focus
• Growth Trends Analysis
• Market Contribution
• Growth Drivers
• Industry Challenges
• Competitive Developments
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