openPR Logo
Press release

Growth of Fingerprint Scanner Market Projected to Amplify During 2017 - 2025

Growth of Fingerprint Scanner Market Projected to Amplify

Fingerprint scanners are a type of biometric system which uses stored information about a person’s unique fingerprint traits for authentication purposes and to provide access to a system. These scanners are widely used across various end-user segments including consumer electronics, commercial, health care, and defense. The global fingerprint scanner market is expected to witness robust growth from 2017 to 2025 owing to the product’s high accuracy and low cost. The significant adoption of fingerprint scanners in cloud computing along with their extensive use in smartphones are likely to boost the demand for them in the next few years. In addition, fingerprint scanner have significant application in online payment transaction and in smartphone applications.

To view TOC of this report is available upon request @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=27059

The global fingerprint scanner market is predicted to expand rapidly during the forecast period due to the emerging trend of the single sign-in system which helps the user to log on to his or her computer with a single touch of the finger rather than having to use a password or login ID every time. It provides security; eliminates the use of patterns, PIN codes, and passwords; and reduces threats related to stealing, hacking, and misuse of data. The emergence of mobile commerce is another important factor anticipated to drive the market for fingerprint scanners during the forecast period. The product offers advanced security in banking and other payment applications for mobile users. Mobile payments are increasing gradually with more people transferring money and shopping on phones. For instance, application such as Apple Pay and Samsung Pay are likely to drive the fingerprint scanner market.

Despite the multiple drivers, the lack of awareness among users regarding security issues and absence of standardization in the process of implementation & development of the technology are projected to lower its adoption rate during the forecast period.

The global fingerprint scanner market is classified on the basis of type into the swipe and area & touch varieties. The latter is estimated to expand at a high rate during the forecast period as it is preferred by several OEMs due to its accuracy, smaller size, and convenience. Based on technology, the fingerprint scanner market is categorized into the capacitive & RF capacitive sensing, optical sensing, and others segments. The capacitive & RF capacitive sensing technology is predicted to dominate the market during the forecast period due to its compactness and high accuracy. Based on end-user, the fingerprint sensor market is divided into the following categories: consumer electronics, aerospace & defense, immigration, banking & finance, health care, and others. The rising demand for consumer electronics is expected to drive this segment during the forecast period besides the increasing use of fingerprint sensors in laptops, tablets, and smartphones.

In terms of geography, the global fingerprint scanner market has been distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held a major share in the fingerprint scanner market in 2016. The market in Asia Pacific is predicted to display growth during the forecast period due to the burgeoning consumer electronics sector in the region. The government here has started taking the initiative to implement biometric systems due to security concerns. In October 2016, Japan’s Ministry of Economy, Trade, and Industry planned to test cashless payment using the fingerprint technology to make transactions easier and safer for tourists. These are the primary propellants of the market in this region.

A sample of this report is available upon request @https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=27059

Key players operating in the global fingerprint scanner market include Apple Inc. (The U.S), Synaptics Inc. (The U.S), Goodix Ltd. (China), NEC Corporation (Japan), and Thales SA. (France), BioEnable Technologies Pvt Ltd. (India), SecuGen Corporation (The U.S), HID Global (The U.S), Fingerprint Cards AB (Sweden) among others.

About US
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact US
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Website: https://www.transparencymarketresearch.com/
Email: sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Growth of Fingerprint Scanner Market Projected to Amplify During 2017 - 2025 here

News-ID: 764890 • Views: 226

More Releases from Transparency Market Research

Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals

All 5 Releases


More Releases for Fingerprint

Fingerprint Technology Growth, Opportunities and Development 2023
A report added to the rich database of Qurate Business Intelligence, titled “Global Fingerprint Technology Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context
Fingerprint Sensors Market Analysis, Forecast, and Assessment
A fingerprint sensor captures extract biological features of the finger prints in the form of the live scan and compares it with existing biometric template stored in the database. Fingerprint sensors are used to provide authentication and authorization to the individual. Finger print sensors are most commonly used biometric authentication system for commercial securities. Fingerprints provide reliable, fast and easy access to personal contact details, payment information, mails, location data
World Fingerprint Scanner Market Research Report 2022
Worlds Fingerprint Scanner market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. View Complete Report: https://www.bigmarketresearch.com/world-fingerprint-scanner-research-report-2022-covering-usa-europe-china-japan-india-south-east-asia-and-etc-market The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and
Fingerprint Lock Market Trends and 2022 Forecast
Global Fingerprint Lock market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including DIGI ZKS Kaadas Demann BE-TECH Bangpai ARCHIE EKF Guanying GUTE Keylock ADEL SAMSUNG Dorlink Yale Request a sample copy at http://www.reportsweb.com/inquiry&RW0001825998/sample Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD) , market share and growth rate of Fingerprint Lock in these regions, from 2012 to 2022 (forecast) , covering North America Europe China Japan Southeast Asia India For more information about this report at
Global Fingerprint Reader Market Research Report 2017
In this report, the global Fingerprint Reader market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Fingerprint Reader in these regions, from 2012 to 2022 (forecast), covering North
Global Fingerprint Sensors Market 2017- Apple, Fingerprint Cards, Synaptics
Global Fingerprint Sensors Market 2017 Report presents a professional and deep analysis on the present state of Fingerprint Sensors Market 2017. In the first part, Fingerprint Sensors Market study deals with the comprehensive overview of the Fingerprint Sensors market, which consists of definitions, a wide range of applications, classifications and a complete Fingerprint Sensors industry chain structure. The global Fingerprint Sensors market analysis further consists of competitive landscape of Fingerprint Sensors