“Trends and Forecasts for the Global Smartphone Biometric Sensors Market”
Trends, Opportunities and Forecast in the Smartphone Biometric Sensors Market to 2025 by Technology (Palm, Eye, Face, Vein and Voice), Function (Security, Payments and Data Access) and Region (North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW)
Lucintel’s latest market report analyzed that the biometric sensor of smartphones offers exciting opportunities in the consumer electronics industry. The smartphone biometric sensor market is expected to grow at a CAGR of 10% to 12%. In this market, face and voice is the largest segment by technology, while security is the largest by function.
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Based on technology, the smartphone biometric sensor market is segmented into palm, eye, face, vein, and voice. The face and voice segment accounted for the largest market share in 2020 and is expected to register the highest CAGR during the forecast period due to its low cost advantages owing to its ease of use, reasonable performance , its low costs and its well-developed offer. chain.
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The smartphone biometric sensor market is marked by the presence of several large and small players. Some of the major players offering smartphone biometric sensors include Apple, Thales, NEC, Fujitsu, ImageWare Systems, BioEnable Technologies, Mobbeel, M2SYS, and SIC Biometrics.
This unique research report will enable you to make business decisions with confidence in this globally competitive market. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click this link [email protected].
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