Fingerprint Sensor Market by Type, Technology (Capacitive, Optical, Thermal), Application (Consumer Electronics, Government & Law Enforcement, Travel & Immigration, Banking & Finance), and Geography - Global Forecast to 2023

  • ID: 4542299
  • Report
  • Region: Global
  • 153 Pages
  • Markets and Markets
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Fingerprint Sensor Market Expected to Grow from USD 4.25 Billion in 2018 to USD 8.80 Billion by 2023 at a CAGR of 15.66%

FEATURED COMPANIES

  • Anviz Global
  • Crossmatch
  • Fingerprint Cards
  • Hid Global
  • NEC Corporation
  • Secugen
  • MORE

“The fingerprint sensor market is expected to grow at a CAGR of 15.66% between 2018 and 2023”

The fingerprint sensor market is expected to grow from USD 4.25 billion in 2018 to USD 8.80 billion by 2023 at a CAGR of 15.66%. The growth of this market is mainly driven by factors such as the proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors, and use of biometrics in mobile commerce. High potential for fingerprint sensors in IoT applications, and growing scope in the banking and finance industry are the major opportunities for the growth of fingerprint sensor market. However, the adoption rate in developing countries and credibility of users for fingerprint sensor pose restraints for the growth of the market.

“The consumer electronics application is expected to hold a significant share of the fingerprint sensor market by 2023”

The consumer electronics application accounts for the largest share of the fingerprint sensor market. The application includes smartphones, laptops, Tablets, and smart wearable devices. The demand for fingerprint sensors is increasing rapidly in the consumer electronics application owing to the decreasing average selling price (ASP). Fingerprint sensors are used in smartphones for the authentication process to perform various tasks, such as for unlocking the phone and unlocking an application or making payments.

“The market in APAC is likely to grow at the highest CAGR during the forecast period”

The fingerprint sensor market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is the fastest-growing market for fingerprint sensors. The rise in disposable income in APAC countries has led to the increase in the demand and use of smartphones and laptops, which, in turn, has increased the growth of fingerprint sensor market in this region. The increasing penetration of fingerprint sensors and the influx of global players, along with the emergence of native players, are contributing to the growth of the market. As a result, APAC holds a significant share in the overall fingerprint sensor market.

Breakdown of the profiles of primary participants:

  • By Company: Tier 1 = 45 %, Tier 2 = 35%, and Tier 3 = 20%
  • By Designation: C-Level Executives = 50%, Manager Level = 30%, and Others = 20%
  • By Region: North America = 43%, Europe = 29%, APAC = 21%, and RoW = 7%

The major players profiled in this report are as follows:

  • Apple (US)
  • Synaptics (US)
  • Fingerprint Cards (Sweden)
  • Goodix (China)
  • IDEMIA (France)
  • Egis Technology (Taiwan)
  • NEXT Biometrics (Norway)
  • Anviz Global (US)
  • IDEX ASA (Norway)
  • Gemalto (Netherlands)

Research Coverage

In this report, the fingerprint sensor market has been segmented on the basis of type, technology, application, and geography. The market has been segmented on the basis of type into area & touch sensors and swipe sensors. The fingerprint sensor market based on technology has been segmented into capacitive, optical, thermal, and others. On the basis of application, the market has been segmented into consumer electronics; government and law enforcement; military, defense, and aerospace; travel and immigration; banking and finance; commercial; healthcare; smart homes; and other applications. The study also forecasts the size of the market in 4 main regions-North America, Europe, APAC, and RoW.

Reasons to Buy the Report

The report would help the market leaders/new entrants in this market in the following ways:

1. This report segments the fingerprint sensor market comprehensively and provides the closest approximation of the overall market size and those of the subsegments across different types, technologies, applications, and regions.

2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for the growth of the market.

3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, and product launches, partnerships, and mergers and acquisitions carried out by the major players in the market.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Anviz Global
  • Crossmatch
  • Fingerprint Cards
  • Hid Global
  • NEC Corporation
  • Secugen
  • MORE
1 Introduction
1.1 Objectives of Study
1.2 Definition
1.3 Scope of Market
1.3.1 Geographic Scope of Market
1.4 Years Considered for Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Sampling Techniques and Data Collection Methods
2.1.2.2 Primary Sources
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Fingerprint Sensor Market
4.2 Fingerprint Sensor Market, By Application and Region
4.3 Fingerprint Sensor Market, By Technology
4.4 Fingerprint Sensor Market in APAC, By Application and Country
4.5 Geographic Analysis of Fingerprint Sensor Market

5 Market Overview
5.1 Introduction
5.2 Value Chain Analysis
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 The Proliferation of Fingerprint Sensors in Smartphones and Other Consumer Electronics
5.3.1.2 Government Support for the Adoption of Fingerprint Sensors
5.3.1.3 Digitization in the Time and Attendance Capturing
5.3.1.4 Use of Biometrics in Mobile Commerce
5.3.2 Restraints
5.3.2.1 Adoption Rate in Developing Countries
5.3.2.2 The Credibility of Users for Fingerprint Sensor
5.3.3 Opportunities
5.3.3.1 High Potential for Fingerprint Sensors in IoT Applications
5.3.3.2 Growing Scope for Fingerprint Sensors in the Banking and Finance Industry
5.3.4 Challenges
5.3.4.1 Efficiency and Reliability of Fingerprint Sensors

6 Fingerprint Sensor Market, By Type
6.1 Introduction
6.2 Swipe Sensors
6.3 Area & Touch Sensors
6.4 Materials Used in Fingerprint Sensors
6.4.1 Piezoelectric Material (Quartz)
6.4.2 Pyroelectric Material (Lithium Tantalate)
6.4.3 Adhesives
6.4.4 Coating Material

7 Fingerprint Sensor Market, By Technology
7.1 Introduction
7.2 Capacitive
7.3 Optical
7.4 Thermal
7.5 Others

8 Fingerprint Sensor Market, By Application
8.1 Introduction
8.2 Consumer Electronics
8.2.1 Smartphones
8.2.1.1 In-Display Fingerprint Sensor
8.2.2 Laptops/Notebooks
8.2.3 Wristbands and Smartbands
8.2.4 Usb Flash Drives
8.2.5 Others
8.3 Travel & Immigration
8.4 Government & Law Enforcement
8.5 Military, Defense, & Aerospace
8.6 Banking & Finance
8.7 Commercial Security
8.8 Healthcare
8.9 Smart Homes
8.10 Other Applications

9 Geographic Analysis of Fingerprint Sensor Market
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Italy
9.3.5 Rest of Europe
9.4 APAC
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Rest of APAC
9.5 RoW
9.5.1 Middle East and Africa
9.5.2 South America

10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking Analysis, 2017
10.3 Competitive Scenario
10.3.1 Partnerships, Agreements, Collaborations, and Contracts
10.3.2 Product Launch
10.3.3 Mergers and Acquisitions

11 Company Profiles
11.1 Key Players
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, View)*
11.1.1 Apple
11.1.2 Synaptics
11.1.3 Fingerprint Cards
11.1.4 Goodix
11.1.5 Egis Technology
11.1.6 Idemia
11.1.7 Next Biometrics
11.1.8 Anviz Global
11.1.9 IDEX ASA
11.1.10 Gemalto
11.2 Other Key Companies
11.2.1 Crossmatch
11.2.2 Secugen
11.2.3 Hid Global
11.2.4 Touch Biometrix
11.2.5 Suprema
11.2.6 Dermalog Identification Systems
11.2.7 NEC Corporation
11.2.8 Ekey Biometric Systems
11.2.9 Bio-Key International
11.2.10 Precise Biometrics

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, View Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Adoption of Biometrics By Various Countries
Table 2 Recent Developments of Fingerprint Sensors for Banking and Finance Industry
Table 3 Fingerprint Sensor Market, By Type, 2015-2023 (Million Units)
Table 4 Fingerprint Sensor Market, By Type, 2015-2023 (USD Million)
Table 5 Fingerprint Sensor Market, By Technology, 2015-2023 (USD Million)
Table 6 Fingerprint Sensor Market, By Application, 2015-2023 (USD Million)
Table 7 Fingerprint Sensor Market, By Application, 2015-2023 (Million Units)
Table 8 Fingerprint Sensor Market for Consumer Electronics Application, By Technology, 2015-2023 (USD Million)
Table 9 Fingerprint Sensor Market for Consumer Electronics Application, By Region, 2015-2023 (USD Million)
Table 10 Fingerprint Sensor Market for Travel and Immigration Application, By Technology, 2015-2023 (USD Million)
Table 11 Fingerprint Sensor Market for Travel and Immigration Application, By Region, 2015-2023 (USD Million)
Table 12 Fingerprint Sensor Market for Government and Law Enforcement Application, By Technology, 2015-2023 (USD Million)
Table 13 Fingerprint Sensor Market for Government and Law Enforcement Application, By Region, 2015-2023 (USD Million)
Table 14 Fingerprint Sensor Market for Military, Defense, and Aerospace Application, By Technology, 2015-2023 (USD Million)
Table 15 Fingerprint Sensor Market for Military, Defense, and Aerospace Application, By Region, 2015-2023 (USD Million)
Table 16 Fingerprint Sensor Market for Banking and Finance Application, By Technology, 2015-2023 (USD Million)
Table 17 Fingerprint Sensor Market for Banking and Finance Application, By Region, 2015-2023 (USD Million)
Table 18 Fingerprint Sensor Market for Commercial Security Application, By Technology, 2015-2023 (USD Million)
Table 19 Fingerprint Sensor Market for Commercial Security Application, By Region, 2015-2023 (USD Million)
Table 20 Fingerprint Sensor Market for Healthcare Application, By Technology, 2015-2023 (USD Million)
Table 21 Fingerprint Sensor Market for Healthcare Application, By Region, 2015-2023 (USD Million)
Table 22 Fingerprint Sensor Market for Smart Home, By Technology, 2015-2023 (USD Million)
Table 23 Fingerprint Sensor Market for Smart Home Application, By Region, 2015-2023 (USD Million)
Table 24 Fingerprint Sensor Market for Other Applications, By Technology, 2015-2023 (USD Million)
Table 25 Fingerprint Sensor Market for Other Applications, By Region, 2015-2023 (USD Million)
Table 26 Fingerprint Sensor Market, By Region, 2015-2023 (USD Million)
Table 27 Fingerprint Sensor Market in North America, By Country, 2015-2023 (USD Million)
Table 28 Fingerprint Sensor Market in North America for Consumer Electronics Application, By Country, 2015-2023 (USD Million)
Table 29 Fingerprint Sensor Market in North America for Travel & Immigration Application, By Country, 2015-2023 (USD Million)
Table 30 Fingerprint Sensor Market in North America for Government and Law Enforcement Application, By Country, 2015-2023 (USD Million)
Table 31 Fingerprint Sensor Market in North America for Military, Defense, and Aerospace Application, By Country, 2015-2023 (USD Million)
Table 32 Fingerprint Sensor Market in North America for Banking and Finance Application, By Country, 2015-2023 (USD Million)
Table 33 Fingerprint Sensor Market in North America for Healthcare Application, By Country, 2015-2023 (USD Million)
Table 34 Fingerprint Sensor Market in North America for Smart Home Application, By Country, 2015-2023 (USD Million)
Table 35 Fingerprint Sensor Market in North America for Commercial Security Application, By Country, 2015-2023 (USD Million)
Table 36 Fingerprint Sensor Market in North America for Other Applications, By Country, 2015-2023 (USD Million)
Table 37 Fingerprint Sensor Market in Europe, By Country, 2015-2023 (USD Million)
Table 38 Fingerprint Sensor Market in Europe for Consumer Electronics Application, By Country, 2015-2023 (USD Million)
Table 39 Fingerprint Sensor Market in Europe for Travel and Immigration Application, By Country, 2015-2023 (USD Million)
Table 40 Fingerprint Sensor Market in Europe for Government and Law Enforcement Application, By Country, 2015-2023 (USD Million)
Table 41 Fingerprint Sensor Market in Europe for Military, Defense, and Aerospace Application, By Country, 2015-2023 (USD Million)
Table 42 Fingerprint Sensor Market in Europe for Banking and Finance Application, By Country, 2015-2023 (USD Million)
Table 43 Fingerprint Sensor Market in Europe for Healthcare Application, By Country, 2015-2023 (USD Million)
Table 44 Fingerprint Sensor Market in Europe for Smart Home Application, By Country, 2015-2023 (USD Million)
Table 45 Fingerprint Sensor Market in Europe for Commercial Security Application, By Country, 2015-2023 (USD Million)
Table 46 Fingerprint Sensor Market in Europe for Other Applications, By Country, 2015-2023 (USD Million)
Table 47 Fingerprint Sensor Market in APAC, By Country, 2015-2023 (USD Million)
Table 48 Fingerprint Sensor Market in APAC for Consumer Electronics Application, By Country, 2015-2023 (USD Million)
Table 49 Fingerprint Sensor Market in APAC for Travel and Immigration Application, By Country, 2015-2023 (USD Million)
Table 50 Fingerprint Sensor Market in APAC for Government and Law Enforcement Application, By Country, 2015-2023 (USD Million)
Table 51 Fingerprint Sensor Market in APAC for Military, Defense, and Aerospace Application, By Country, 2015-2023 (USD Million)
Table 52 Fingerprint Sensor Market in APAC for Banking and Finance Application, By Country, 2015-2023 (USD Million)
Table 53 Fingerprint Sensor Market in APAC for Healthcare Application, By Country, 2015-2023 (USD Million)
Table 54 Fingerprint Sensor Market in APAC for Smart Home Application, By Country, 2015-2023 (USD Million)
Table 55 Fingerprint Sensor Market in APAC for Commercial Security Application, By Country, 2015-2023 (USD Million)
Table 56 Fingerprint Sensor Market in APAC for Other Applications, By Country, 2015-2023 (USD Million)
Table 57 Fingerprint Sensor Market in RoW, By Region, 2015-2023 (USD Million)
Table 58 Fingerprint Sensor Market in RoW for Consumer Electronics Application, By Region, 2015-2023 (USD Million)
Table 59 Fingerprint Sensor Market in RoW for Travel and Immigration Application, By Region, 2015-2023 (USD Million)
Table 60 Fingerprint Sensor Market in RoW for Government and Law Enforcement Application, By Region, 2015-2023 (USD Million)
Table 61 Fingerprint Sensor Market in RoW for Military, Defense, and Aerospace Application, By Region, 2015-2023 (USD Million)
Table 62 Fingerprint Sensor Market in RoW for Banking and Finance Application, By Region, 2015-2023 (USD Million)
Table 63 Fingerprint Sensor Market in RoW for Healthcare Application, By Region, 2015-2023 (USD Million)
Table 64 Fingerprint Sensor Market in RoW for Smart Home Application, By Region, 2015-2023 (USD Million)
Table 65 Fingerprint Sensor Market in RoW for Commercial Security Application, By Region, 2015-2023 (USD Million)
Table 66 Fingerprint Sensor Market in RoW for Other Applications, By Region, 2015-2023 (USD Million)
Table 67 Top 5 Players in Fingerprint Sensor Market, 2017
Table 68 Partnerships, Collaborations, Contracts, and Agreements, 2017-2018
Table 69 Product Launches, 2017-2018
Table 70 Merger, Acquisitions, and Divestitures, 2017-2018

List of Figures
Figure 1 Markets Covered
Figure 2 Fingerprint Sensor Market: Research Design
Figure 3 Breakdown of Primary Interviews
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Process Flow of Market Size Estimation
Figure 8 Fingerprint Sensor Market: Market Size Analysis (2015-2023)
Figure 9 Fingerprint Sensor Market, By Application: Market for Banking and Finance Application to Grow at Highest CAGR During Forecast Period
Figure 10 Fingerprint Sensor Market, By Technology (2018 vs 2023): Capacitive Fingerprint Sensor to Hold Largest Share of Market By 2023
Figure 11 Fingerprint Sensor Market, By Region, 2017
Figure 12 Increasing Penetration of Fingerprint Sensors in Smartphones and Other Consumer Electronics Drives Fingerprint Sensor Market
Figure 13 APAC Held Largest Share of Fingerprint Sensor Market for Consumer Electronics Application in 2017
Figure 14 Capacitive Technology to Hold Largest Size of Fingerprint Sensor Market During Forecast Period
Figure 15 China Held Largest Share of Fingerprint Sensor Market in 2017
Figure 16 China to Hold Largest Share of Fingerprint Sensor Market By 2018
Figure 17 Value Chain Analysis: Fingerprint Sensor Market
Figure 18 Penetration of Automation in Household Appliances Drives Fingerprint Sensor Market
Figure 19 Sales of Apple iPhone Since Inception of Touch Id (2013-2017)
Figure 20 Area & Touch Sensors to Dominate Fingerprint Sensors Market During Forecast Period
Figure 21 Capacitive Technology to Hold Largest Size of Fingerprint Sensor Market During Forecast Period
Figure 22 Consumer Electronics to Hold Largest Share in Fingerprint Sensor Market Between 2018 and 2023
Figure 23 Fingerprint Sensor Market for Consumer Electronics Application in APAC to Grow at Highest CAGR During Forecast Period
Figure 24 Capacitive Technology to Hold Largest Size of Fingerprint Sensor Market for Government and Law Enforcement Application Between 2018 and 2023
Figure 25 Market for Banking and Finance Application for Sensors Based on Thermal Technology to Grow at Highest CAGR Between 2018 and 2023
Figure 26 Capacitive Technology to Hold Largest Size of Market for Healthcare Application During Forecast Period
Figure 27 Market for Smart Home Application in APAC to Grow at Highest CAGR During Forecast Period
Figure 28 Fingerprint Sensor Market in APAC to Grow at Highest CAGR Between 2018 and 2023
Figure 29 Snapshot: Fingerprint Sensor Market in North America
Figure 30 US to Dominate Fingerprint Sensor Market in North America for Banking and Finance Application Between 2018 and 2023
Figure 31 Snapshot: Fingerprint Sensor Market in Europe
Figure 32 Fingerprint Sensor Market in Germany for Travel and Immigration Application to Grow at Highest CAGR Between 2018 and 2023
Figure 33 Germany to Hold Largest Size of Fingerprint Sensor Market in Europe for Commercial Security Application Between 2018 and 2023
Figure 34 Snapshot: Fingerprint Sensor Market in APAC
Figure 35 Fingerprint Sensor Market in China for Military, Defense, and Aerospace Application to Grow at Highest CAGR During Forecast Period
Figure 36 Middle East and Africa to Hold Larger Size of Fingerprint Sensor Market in RoW for Consumer Electronics Between 2018 and 2023
Figure 37 Key Developments in Fingerprint Sensor Market, 2016-2018
Figure 38 Apple: Company Snapshot
Figure 39 Synaptics: Company Snapshot
Figure 40 Fingerprint Cards: Company Snapshot
Figure 41 Goodix: Company Snapshot
Figure 42 Next Biometrics: Company Snapshot
Figure 43 IDEX ASA: Company Snapshot
Figure 44 Gemalto: Company Snapshot
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Anviz Global
  • Crossmatch
  • Fingerprint Cards
  • Hid Global
  • NEC Corporation
  • Secugen
  • MORE
The overall fingerprint sensor market is expected to grow from USD 4.25 Billion in 2018 to USD 8.80 Billion by 2023 at a CAGR of 15.66%. The proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors, and use of biometrics in mobile commerce are the key factors driving the growth of this market.

A fingerprint sensor is a biometric security device that combines hardware and software techniques to identify the fingerprint scans of an individual to identify and authenticate an individual to, ultimately, grant or deny access to a computer system or a physical facility. Fingerprint sensors capture a digital image of the fingerprint pattern called a live scan, which is digitally processed to create a biometric template stored and used for matching the patterns.

The fingerprint sensor market has been segmented, on the basis of technology, into capacitive, optical, thermal, and others. The market for optical fingerprint sensors is expected to grow at the highest CAGR between 2018 and 2023. Optical sensors capture fingerprint images by capturing light and converting it into electrical signals that are used to create the fingerprint image. The growing trend of bezel-less screens in smartphones has led the smartphone makers to develop innovative technologies for fingerprint sensors that occupy less space. This led to the development of in-display fingerprint sensors wherein the sensors are embedded under the display of the devices and users have to touch the phone display to authenticate and unlock the phone. The adoption of in-display fingerprint sensors by smartphone companies is expected to fuel the fingerprint sensor market.

The fingerprint sensor market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is the fastest-growing market for fingerprint sensors. The rise in disposable income in APAC countries has led to the increase in the demand and use of smartphones and laptops, which, in turn, has increased the growth of fingerprint sensor market in this region. The increasing penetration of fingerprint sensors and the influx of global players, along with the emergence of native players, are contributing to the growth of the market. As a result, APAC holds a significant share of the overall fingerprint sensor market.

Fingerprint Sensors Market

The credibility of users for fingerprint sensors is a major factor restraining the growth of the market. The advantage of fingerprint sensing-enabled systems for the users lies in the fact that no one can guess a fingerprint pattern, unlike the drawing pattern or password on phones, and it can’t be misplaced or forgotten like an access card or password. However, these systems are not 100% accurate and safe. Our fingerprints are left on everything we touch, and these imprints can be used by the hackers to deceive and outsmart the fingerprint machines. An injury to fingers could interfere with the scanning process, making it difficult for the users to access the system. Also, the fingerprint sensing technology-based devices are very sensitive, and the use of cheap components in their construction could result in the denial of access to the authorized person even due to dirt or sweat.

Key players in the market include Apple (US), Synaptics (US), Fingerprint Cards (Sweden), Goodix (China), IDEMIA (France), Egis Technology (Taiwan), NEXT Biometrics (Norway), Anviz Global (US), IDEX ASA (Norway), and Gemalto (Netherlands). These players are increasingly undertaking partnerships and collaborations, and product launches to develop and introduce new technologies and products in the market.
Note: Product cover images may vary from those shown
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  • Apple
  • Synaptics
  • Fingerprint Cards
  • Goodix
  • Egis Technology
  • Idemia
  • Next Biometrics
  • Anviz Global
  • IDEX ASA
  • Gemalto
  • Crossmatch
  • Secugen
  • Hid Global
  • Touch Biometrix
  • Suprema
  • Dermalog Identification Systems
  • NEC Corporation
  • Ekey Biometric Systems
  • Bio-Key International
  • Precise Biometrics
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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