According to the latest IMARC group report, titled “Fingerprint Sensors Market: Global Industry Trends, Size, Growth, Share, Opportunity, and Forecast 2021-2026”, the fingerprint sensor market worth US $ 3.7 billion in 2020 and expects the market to reach a value of US $ 8.50 billion by 2026, showing a CAGR of 14.64% during 2021-2026 .
History of the report metric: 2015-2020
Baseline year: 2020
Forecast year: 2021-2026
A fingerprint sensor is a biometric security system that scans the fingerprint and provides authentication and authorization to an individual. It is fast, convenient, reliable, economical and can be integrated seamlessly into different devices. As a result, he is employed in the electronics, government and law enforcement, aerospace, health, defense and military, travel and immigration industries. , as well as banks, financial services and insurance companies (BFSI) around the world.
As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Global Fingerprint Sensors Market:
The market is primarily driven by the increase in cases of security breaches in various industries across the world. In addition, there is an increase in the integration of fingerprint sensors in smartphones, tablets and laptops. This, along with their widespread adoption in the digitalization of time and attendance management systems in businesses and government organizations, is driving the growth of the market. In addition, various manufacturers are incorporating advanced technologies, such as artificial intelligence (AI), to improve the accuracy of the authentication process and provide a personalized user experience. These innovations are expected to propel the growth of the market.
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Global Fingerprint Sensors Market Analysis and Segmentation 2021-2026:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
3M Cogent Inc., Anviz Global Inc., Apple Inc., BIO-Key International Inc., Egis Technology Inc, Fingerprint Cards AB, IDEMIA (Advent International Corporation), Idex Biometrics ASA, M2SYS Technology, Next Biometrics Group ASA, NEC Corporation , Qualcomm Technologies Inc., Shenzhen Goodix Technology Co. Ltd., Sonavation Inc., Synaptics Incorporated and Vkansee Technology Inc.
The report has segmented the market on the basis of region, type, technology, and application.
Breakdown by type:
Zone and touch sensors
Breakthrough by technology:
Breakdown by application:
Government and Law Enforcement
Military, Defense and Aerospace
Travel and Immigration
Banking and finance
Breakdown by region:
North America: (United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, others)
Middle East and Africa
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Highlights of the report:
Market Performance (2015-2020) Market Outlook (2021-2026) Porter’s Five Forces Analysis Market Drivers and Success Factors SWOT Analysis Value Chain Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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