HOME › Research Insight › Fingerprint Sensors Market Triggered by Smartphones and Tablets Industry
Fingerprint Sensors Market Triggered by Smartphones and Tablets Industry
Fingerprint sensors are getting popular with the increasing smartphone and tablet market. The use of fingerprint readers in mobile devices is, thus, showing promising opportunities for the sensor manufacturers and the related OEM manufacturers.The smartphone market is growing at a very speedy rate. In 2012,more than 1.7 billion mobile phones were sold, out of which, over 700 million were smartphones andabout 130 million tablets were sold.Both, the smart phones and the tablet belong to same market in terms of functionality and applications. The smartphone market shot up by 38%, to 1 billion units, in 2013.
The acquisition of ĎAuthenTecí, a leading fingerprint sensors manufacturer, by Apple, triggered the wave of incorporating fingerprint technology with smartphones. Then, the other fingerprint sensors manufacturer, Validity Sensors, was acquired by Synaptics, Inc. (U.S.), which ultimately confirmed a full-fledge production of fingerprint sensor incorporated smartphones and tablets. The result of these acquisitions shows that around 91 million smartphones equipped with fingerprint technology are anticipated to be shipped in 2014,thus, resulting in a year-on-year growth of 93% from 2013.
Major smartphone manufacturers such as Apple, Samsung, HTC, Motorola (owned by Google), and LG, among others have already started their production and some are planning to start the production of fingerprint sensor incorporated smartphones. It is even predicted that though the fingerprint technology is currently integrated in high end smartphones, but by the second quarter of 2015, it is also expected to enter into cheaper smartphones. The same trend is followed in the tablets market. Major tablet manufacturers, especially Samsung, have confirmed the launch of fingerprint technology in their upcoming tablet range. With this news, there is a clear atmosphere in the industry that fingerprint technology is not a far future and soon will be a common feature in the mobile devices.
Biometric fingerprint sensors helpsin keeping everything secure using the fingerprints recognition technology. Besides,it also allows faster, enhanced security, and improved data privacy that surpasses password or PIN locks. Moreover, this transition in the market will also facilitate banking and finance services using mobile devices. At this time, it can only be said that fingerprint technology is surely establishing its footprints in every possible mobile device.
Fingerprint Sensors Market by Type (Swipe And Area), Material (Optical Prism, Pizeoelectric, Capacitive,and Adhesives), Application (Mobile Devices, Government, Defense, Healthcare, Commercial Security and Banking & Finance), and Geography - Global Trends & Forecasts to 2014 - 2020
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252