COVID Impact, Opportunities, Trends and Forecasts – The Greater Binghamton Business Journal


Evolve Business Intelligence, today released a new market research report on “Global Fingerprint Sensors Market Size Was Valued At $3.08 Billion In 2020 And Is Expected To Reach $9.56 Billion by 2028 growing at a CAGR of 14.77% from 2021 to 2028”

For more information on the report:

COVID-19 pandemic has caused disruption in the supply chain leading to declining demand or supply shortages in the Fingerprint Sensor market. Travel restrictions and social distancing measures have led to a sharp drop in consumer and business spending and this trend is expected to continue for some time. The trend and preferences of end users have changed due to the pandemic and led manufacturers, developers and service providers to adopt various strategies to stabilize the business.

In terms of the impact of COVID 19, the Fingerprint Sensors Market report also includes the following data points:

  • Impact of COVID19 on the fingerprint sensor market size
  • End user/industry/application trend and preferences
  • Government policies/regulatory framework
  • Strategy of key actors to fight against negative impacts / post-COVID strategies
  • Opportunity in the fingerprint sensor market

Analyst View

According to Lekha, Principal Analyst, Evolve Business Intelligence, “During the recent outbreak of COVID 19, the fingerprint sensor market is witnessing a decline in growth due to various organizations and government authorities restricting the use of biometric systems in their respective premises. They have banned the use of fingerprint scanners, all government and private organizations due to the COVID virus which is spreading through touchpoints”

Competitive scenario
Some of the major fingerprint sensor players with high market share include Shenzhen Goodix Technology Co., Ltd, Fingerprint Cards, Egis Technology Inc, and FocalTech. These players are using collaboration and expansion as the key strategy to gain significant market share to compete with market leaders

Segmental analysis
The Fingerprint Sensor Market is analyzed through the segments mentioned below:

  • Technology
    • Capacitive
    • Optical
    • Thermal
    • Ultrasonic
    • Others
  • Type

Report cover
The study also contains a complete value chain, along with details of the key factors affecting market growth (drivers, restraints, and opportunities). In addition, the report includes 10 key players in the Fingerprint Sensors market ecosystem that have been strategically profiled along with the ranking / market share of key players. In the Company Profile section, the company’s core competencies have been thoroughly analyzed along with the competitive landscape of market players and strategies such as partnerships and collaboration, acquisitions, launches and product developments, contracts and business expansion adopted by them. to grow in the market.

The key players profiled in the report are:

  • Shenzhen Goodix Technology Co., Ltd.
  • AB fingerprint cards
  • Apple Inc.
  • Synaptics Incorporated
  • Egis Technology Inc.
  • FocalTech
  • id3Technologies
  • IDEX biometrics
  • OXi Technology
  • Sonavation inc.

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Research Methodology
This research study makes substantial use of secondary sources, archival records, and databases (such as annual reports, press releases, magazines, trade maps, company websites, and other databases). paid data) to classify and gather useful information for this analysis. The whole process involves a review of the financial records of key industry participants. After determining the overall market size, the total market was divided into several segments and sub-segments, and this information was further verified by key industry specialists such as CEOs, Directors, VPs. presidents and marketing managers.

Report objectives

  • To define, describe and forecast the Fingerprint Sensors market, in terms of value, segmented on the basis of indication, type, technology and geography
  • Forecast market size in 4 key regions: Asia-Pacific (APAC), North America, Europe and Rest of the World (RoW)
  • To provide in-depth information about drivers, restraints, and opportunities in the Fingerprint Sensors Market
  • To provide an overview of the analysis of the fingerprint sensor industry value chain
  • To strategically analyze each segment and sub-segment regarding individual global growth trends and their contribution to the overall Fingerprint Sensors market
  • To analyze market opportunities by identifying high growth segments of the Fingerprint Sensor Market
  • To profile key players of the Fingerprint Sensor Market and comprehensively analyze their key competencies
  • To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions made in the global Fingerprint Sensors market

About EvolveBI

Evolve Business Intelligence is a market research, business intelligence and consulting company that provides innovative solutions to tough business problems. Our market research reports include data useful for micro, small, medium and large businesses. We provide solutions ranging from simple data collection to business consulting.

Evolve Business Intelligence is built on the foundation of technological advancements providing highly accurate data through our in-house AI modeled data analysis and forecasting tool – EvolveBI. This tool tracks real-time data, including quarterly performance, annual performance, and recent developments for Fortune 2000 global companies.

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Evolve business intelligence


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