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Ultrasonic Fingerprint Chip Module Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Ultrasonic Fingerprint Chip Module Market Size Growth Forecast: What to Expect by 2025?
The market for ultrasonic fingerprint chip modules has seen an explosive growth in the past few years. Its market size is anticipated to expand from $1.29 billion in 2024 to $1.57 billion in 2025, with a compound annual growth rate (CAGR) of 22.1%. This significant growth during the historic period can be linked to the rise in smartphone usage, escalated demand for biometric verification, heightened worries about mobile security, wider applications in consumer electronics, and a growing inclination towards touch-free authentication methods.
How Will the Ultrasonic Fingerprint Chip Module Market Size Evolve and Grow by 2029?
The market size for ultrasonic fingerprint chip modules is predicted to undergo a sharp increase in the coming years, reaching $3.46 billion by 2029, with a compound annual growth rate of 21.8%. This anticipated growth in the projected period can be ascribed to the increasing use in the automobile industry, expanding application in smart home gadgets, a surge in demand for an uninterrupted user experience, growth of biometric payment systems, and an escalated usage in governmental identity schemes. Key trends expected in the projection period involve breakthroughs in ultrasonic imaging features, capital infusion in R&D for improved precision, progress in 3D fingerprint identification, creation of multimodal biometric systems, and advancements in energy-efficient chip blueprints.
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What Drivers Are Propelling the Growth of Ultrasonic Fingerprint Chip Module Market Forward?
The increasing count of smartphone users is propelling the expansion of the market owing to the growth of internet penetration.
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What Are the Key Trends Driving Ultrasonic Fingerprint Chip Module Market Growth?
Leading firms in the ultrasonic fingerprint chip module market are concentrating on innovating advanced solutions like in-display fingerprint sensors to enhance device safety and allow smooth incorporation into contemporary electronic gadgets. The in-display fingerprint sensor is a biometric system that situates the sensor below the screen, it facilitates users to either unlock or verify their identity directly on the display. This offers a flawless aesthetic design with a better security solution and convenience, eliminating the need for a separate control button. For instance, in May 2024, the technology company from China, Goodix Technology Inc., unveiled its new cutting-edge ultrasonic fingerprint solution, first incorporated into the vivo X100 Ultra smartphone. This avant-garde ultrasonic fingerprint sensor employs a singular CMOS sensor design and wafer-level acoustic processing to supply clearer fingerprint visuals and quick, reliable recognition even with wet or greasy fingers. It boasts a low-voltage system to keep power consumption down, a super-slim chip module for adaptable mobile design, and uncomplicated hardware for simpler assimilation by manufacturers. With the launch of this solution, Goodix intensively commercialized its ultrasonic fingerprint technology for the first time, the objective being to stimulate its widespread adoption by enhancing production effectiveness and dependability while keeping the costs down.
What Are the Key Segments in the Ultrasonic Fingerprint Chip Module Market?
The ultrasonic fingerprint chip module market covered in this report is segmented
1) By Type: Large-Size Ultrasonic Fingerprint Sensor Chips, Small-Size Ultrasonic Fingerprint Sensor Chips
2) By Application: High-End Mobile Phones, Mid-Range Mobile Phones
3) By End-User Industry: Consumer Electronics, Automotive, Healthcare, Banking, Financial Services, And Insurance (BFSI), Government And Defense, Smart Home And Internet Of Thing (IoT)
Subsegments:
1) By Large-Size Ultrasonic Fingerprint Sensor Chips: Under-Display Integration, Side-Mounted Integration, Back-Mounted Integration, Multimodal Biometric Integration
2) By Small-Size Ultrasonic Fingerprint Sensor Chips: Wearable Device Integration, Smart Card Integration, Internet Of Things Device Integration, Compact Consumer Electronics Integration
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Who Are the Key Players Shaping the Ultrasonic Fingerprint Chip Module Market's Competitive Landscape?
Major companies operating in the ultrasonic fingerprint chip module market are Samsung Electronics Co. Ltd., Qualcomm Incorporated, O-Film Group Co. Ltd., Truly International Holdings Limited, Synaptics Incorporated, HID Global Corporation, Shenzhen Goodix Technology Co. Ltd., FocalTech Systems Co. Ltd., ELAN Microelectronics Corporation, M2SYS Technology LLC, Mantra Softech Private Limited, Egis Technology Inc., UPEK Inc., Parallax Inc., Suprema Inc., CMOS Sensor Inc., ID3 Technologies SAS, SecuGen Corporation, Sonavation Inc., Q Technology Company Limited.
What Geographic Markets Are Powering Growth in the Ultrasonic Fingerprint Chip Module Market?
Asia-Pacific was the largest region in the ultrasonic fingerprint chip module market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in ultrasonic fingerprint chip module report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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