Biometrics technology is an automated method of identifying a person based on his/her physiological and behavioral traits. Among these, some of the major human characteristics measured are fingerprint, face, IRIS, hand geometry, vein, and voice, and others. Among all the biometric techniques, the fingerprint modality will continue to dominate the biometrics market during the forecast period due to its low cost and high accuracy rates. Fingerprint scanner is widely used in range of applications such as consumer electronics, healthcare, defense, commercial buildings, and others. The fingerprint scanner market is charged by significant applications such as massive adoption of smartphones, rise in online payment transactions and cloud computing applications, increasing need for improving border security, favorable regulatory landscape, and increased security concerns globally.
The fingerprint scanner market in terms of the consumer electronics industry is growing at a very high rate due to the increasing use of fingerprint sensors in various electronic devices such as smartphones, tablets, laptops, and computers. Dominant IT industry players are further pushing the growth of fingerprint scanner industry fast forward. Companies are focusing on enhancing their existing technology and introducing new innovative products that can provide users with low cost and reliable fingerprint scanner solutions. Another emerging trend in the market is single sign on, this property helps the users to log on to the computer with the touch of a finger, instead of typing password and/ or login ID every time. Two factor identification, contactless fingerprint scanner, fingerprint voting systems, and other security measures are the leading trends in the fingerprint scanner market currently. It provides appropriate security solutions for eliminating passwords, patterns, and PIN codes. Additionally, it helps in reduction of threats related to hacking, stealing, and misuse of user data.
However, due to cultural barriers, there are limitations in implementing fingerprint scanner in few countries across the globe. This can be considered as one of the major factor responsible for decline in fingerprint scanner market growth. The major restraints for the market growth are the lack of standardization in the process of development and implementation.
The Fingerprint Scanner Market research report provides an in-depth overview of the industry including market segmentation by technology, by applications and by geography. Analysis of the global market with special focus on high growth application in each vertical and fast-growing application market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.
The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.
On the basis of region, report is segmented into five major geographies including North America, Europe, APAC, MEA and LATAM. The North America Fingerprint Scanner Market has been further segmented into the U.S., and Canada. Europe includes U.K., Germany, France, Italy, and Spain; APAC includes China, Japan, India, and South Korea. Report covers company profiles of key players in Fingerprint Scanner Market, competitive landscape, and market size estimate and forecast.
The report also provides extensive competitive analysis and profiles of key market players. Some of the major players in the fingerprint scanners market are 3M, BioEnable, BIO-key, CROSSMATCH, DERMALOG, Fingerprint Cards AB, HID Global, SAFRAN, Synaptics, and SecuGen among others.
Market Analysis and Insights
The Fingerprint Scanner Market size is projected to reach USD XX Million by 2026, from USD XX Million in 2020 growing at a CAGR of XX during 2021-2026.
Market Scope and Market Size
Fingerprint Scanner Market is segmented by technology, by applications and by geography. Players, stakeholders, and other participants in the global Market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2015-2026.
Report further studies the market development status and future and Fingerprint Scanner Market trend across the world. Also, it splits Fingerprint Scanner Market Segmentation by technology, by applications and by geography to deep dive research and reveal market profile and prospects.
Major Classifications are as follows:
By Technology (Sensor Type)
- Capacitive Fingerprint Scanner
- Optical Fingerprint Scanner
- Other Sensors
- Thermal Sensor
- Pressure Sensor
- RF Sensor
- Ultrasonic Sensor
- Smartphones And Tablets
- Banking And Finance
- Government And Law Enforcement
- Home Security
- Commercial Security
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- North America
- South America
- Rest of South America
- Rest of the World
- Middle East
Reason to purchase this report:
- Determine prospective investment areas based on a detailed trend analysis of the global Market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and Fingerprint Scanner Market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Fingerprint Scanner Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Fingerprint Scanner Market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Fingerprint Scanner Market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.