Fingerprint Sensor Market

Fingerprint Sensor Market by Technology (Capacitive, Optical, Thermal, Ultrasonic), Type (Touch, Swipe), Application (Consumer Electronics, Banking & Finance, Government & Law Enforcement, Commercial, Smart Homes), and Region-Global Forecast to 2024

Report Code: SE 3536 Sep, 2019, by marketsandmarkets.com

The fingerprint sensor market size is projected to grow from USD 3.5 billion in 2019 to USD 7.1 billion by 2024; it is expected to grow at a compound annual growth rate (CAGR) of 15.3%. Extensive use of fingerprint sensors in consumer devices for biometric authentication, high adoption of biometrics by government bodies for enhanced security, and digitization in the time & attendance capturing are some of the driving factors of the industry.

Fingerprint Sensors Market

Optical fingerprint sensor technology likely to grow at the highest CAGR during the forecast period

In-display fingerprint sensors are in demand by numerous smartphone brands, which is expected to provide opportunities for the optical fingerprint sensor market growth. An optical in-display fingerprint sensor uses an optical fingerprint sensor to capture the fingerprint data and is embedded under the phone’s screen. Goodix, Fingerprints, Synaptics, CrucialTec, and Q Technology are among the companies that offer optical fingerprint sensors.

Touch sensors  to account for the largest market share during the forecast period

Touch sensors are sensitive than a button or other manual control. These sensors are used mainly in consumer devices such as smartphones and tablets. They are becoming increasingly smaller, more cost-effective, and convenient for use. OEMs prefer touch sensors over swipe sensors, particularly in mobile devices that demand smaller sensors, to produce miniaturized products preferred by end-users in the market. This contributes to a higher market share of touch sensors in the fingerprint sensor market.

Fingerprint Sensors Market

APAC to account the largest share of the fingerprint sensor market during the forecast period

Factors such as presence of leading smartphone OEMs such as Samsung, Oppo, Vivo, and Xiaomi in China; rising adoption of biometrics systems in retail and enterprises; need to reduce incidents of fraud and provide secure access to physical & logical assets in commercial applications; increased awareness of the benefits of using fingerprint sensing technology among the masses, and cost-effectiveness of these sensors drives the growth of market in APAC. Goodix, Egis Technology, Q Technology, and CrucialTec are among the major players of the fingerprint sensor market in APAC.

Key Market Players

Shenzhen Goodix Technology Co., Ltd. (China), Fingerprint Cards AB (Sweden), Synaptics Incorporated (US), Apple Inc. (US), Egis Technology Inc. (Taiwan), CrucialTec (South Korea), NEXT Biometrics Group ASA (Norway), Novatek Microelectronics Corp. (Taiwan), Q Technology (Group) Company Limited (China), Qualcomm Technologies, Inc. (US), IDEX Biometrics ASA (Norway), CMOS Sensor Inc. (US), ELAN Microelectronics Corporation (Taiwan), FocalTech (China), id3 Technologies (France), IDEX Biometrics (Norway), Japan Display Inc. (Japan), OXi Technology (China), Sonavation Inc. (US), Touch Biometrix (UK), and Vkansee (US) are some major players in the fingerprint sensor market.

Scope of the Report

Report Metric

Details

Market Size Availability for Years

2016–2024

Base Year

2018

Forecast Period

2019–2024

Forecast Units

Value (USD)

Segments Covered

By Technology, Type, End-Use Application

Geographies Covered

North America, Europe, APAC, and RoW

Companies Covered

Goodix (China), Fingerprints (Sweden), Synaptics (US), Apple (US), Egis Technology (Taiwan) among others.
Total of 20 players are covered.

This research report categorizes the fingerprint sensor market, By Technology, Type, End-Use Application, and Geography

Based on Technology

  • Capacitive
  • Optical
  • Thermal
  • Ultrasonic

Based on Type:

  • Swipe
  • Area and Touch

Based on the End-Use Application:

  • Consumer Electronics
  • Travel & Immigration
  • Government & Law Enforcement
  • Banking & Finance
  • Commercial
  • Smarthomes
  • Healthcare
  • Military, Defense, & Aerospace

Based on the Regions:

  • North America
  • Europe
  • APAC
  • RoW

Key Questions Addressed by the Report

  • Which are the leading applications in the fingerprint sensor market?
  • Which technology would lead the  market during the forecast period?
  • What strategies are adopted by fingerprint sensor players to stay ahead in the market?
  • What are the growth perspectives of this market in different regions?
  • What are drivers, opportunities, restraints, and challenges that influence the growth of the market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Data From Primary Sources
                    2.1.2.3 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in Fingerprint Sensor Market
    4.2 Fingerprint Sensor Market, By Type
    4.3 Fingerprint Sensor Market in APAC, By Technology and End-Use Application
    4.4 Country-Wise Fingerprint Sensor Market Growth Rate

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Extensive Use of Fingerprint Sensors in Consumer Devices for Biometric Authentication
                    5.2.1.2 High Adoption of Biometrics By Government for Enhanced Security
                    5.2.1.3 Effective Implementation of Biometric Time and Attendance Systems for Calculating Employee Productivity, Work Hours, and So On
           5.2.2 Restraints
                    5.2.2.1 Threats Pertaining to Biometric Database
           5.2.3 Opportunities
                    5.2.3.1 Emergence of Biometric Smartcards in BFSI Applications
                    5.2.3.2 Newest Trend of In-Display Fingerprint Sensors in Smartphones
                    5.2.3.3 Rise in Adoption of Iot-Based Biometric Technology
           5.2.4 Challenges
                    5.2.4.1 Use of Facial Recognition Technology in Different Applications
    5.3 Value Chain Analysis
    5.4 Recent Trends in Market
    5.5 Smartphones With In-Display Fingerprint Sensor
    5.6 Different Materials Used in Fingerprint Sensors
           5.6.1 Piezoelectric Materials (Quartz)
           5.6.2 Pyroelectric Materials (Lithium Tantalate)
           5.6.3 Adhesives
           5.6.4 Coating Materials

6 Fingerprint Sensor Market, By Technology (Page No. - 49)
    6.1 Introduction
    6.2 Capacitive
           6.2.1 Capacitive Sensors to Continue to Hold Largest Market Share Till 2024
    6.3 Optical
           6.3.1 Optical Sensor Market to Witness Highest Growth Rate Owing to Rise in Adoption of Optical In-Display Fingerprint Sensors By Smartphone Manufacturers
    6.4 Thermal
           6.4.1 Use of Sensors in Biometric Smartcards to Create Growth Opportunities for Thermal Sensor Market
    6.5 Ultrasonic
           6.5.1 Ability of Ultrasonic Sensors to Capture Fine Details to Create Growth Opportunities

7 Fingerprint Sensor Market, By Type (Page No. - 58)
    7.1 Introduction
    7.2 Area and Touch Sensors
           7.2.1 Technological Advances in Touch Sensors Likely to Spur Their Demand in Market
    7.3 Swipe Sensors
           7.3.1 Need to Ensure Security of Electronic Devices Creates Demand for Fingerprint Sensors

8 Different Products Featuring Fingerprint Sensors (Page No. - 61)
    8.1 Introduction
    8.2 Smart Devices and Wearables
    8.3 Access Control Systems
           8.3.1 Biometrics Systems
           8.3.2 Digital Locks
    8.4 Biometric Smartcards
           8.4.1 Financial Cards
           8.4.2 ID Cards
    8.5 Vehicles
    8.6 Others

9 Fingerprint Sensor Market, By End-Use Application (Page No. - 63)
    9.1 Introduction
    9.2 Consumer Electronics
           9.2.1 Smartphones
                    9.2.1.1 Increasing Popularity of Fingerprint Authentication in Smartphones to Surge Demand for Fingerprint Sensors in Consumer Electronics Applications
           9.2.2 Laptops/Notebooks/Personal Computers
                    9.2.2.1 Rising Use of Fingerprint Technology to Ensure Security Expected to Boost Market Growth
           9.2.3 Wearable Devices
                    9.2.3.1 Growing Efforts of Leading Oems to Offer Wearables With Dynamic Features to Create Growth Opportunities for Fingerprint Sensors
           9.2.4 Usb Flash Drives
                    9.2.4.1 Security Concerns Regarding Data Stored in Portable Storage Devices to Boost Adoption of Fingerprint Sensors
           9.2.5 Others
    9.3 Travel and Immigration
           9.3.1 Increasing Deployment of Biometric Systems at Airports to Drive Augment Demand for Fingerprint Sensors
    9.4 Government and Law Enforcement
           9.4.1 Government Initiatives to Create Digital Identity of Its Citizens to Provide Growth Opportunities for Market Players
    9.5 Banking & Finance
           9.5.1 Adoption of Fingerprint Scanners as Alternative to Pin to Authenticate Payment Cards Would Surge Market Growth for Financial Applications
    9.6 Commercial
           9.6.1 Adoption of Biometric Systems in Various Enterprises and Retail Stores Accelerates Market Growth
    9.7 Smart Homes
           9.7.1 Development of Smart Locks By Different Original Equipment Manufacturers Offering Growth Opportunity for Market Players
    9.8 Healthcare
           9.8.1 Need to Protect Identity and Critical Information About Patients to Surge Demand for Fingerprint Sensor-Based Biometric Systems
    9.9 Military, Defense, and Aerospace
           9.9.1 North America to Lead  Market for Military, Defense, and Aerospace Applications
    9.10 Others

10 Geographic Analysis (Page No. - 115)
     10.1 Introduction
     10.2 North America
             10.2.1 US
                        10.2.1.1 US Market Growth Driven By Adoption of Fingerprint Sensors in Consumer and Banking & Finance Applications
             10.2.2 Canada
                        10.2.2.1 Market Growth in Canada is Subject to Government Initiatives for Border Security
             10.2.3 Mexico
                        10.2.3.1 Banking & Finance and Travel & Immigration Applications Augment Mexican Market Growth
     10.3 Europe
             10.3.1 Germany
                        10.3.1.1 Germany Holds Largest Share of European Market
             10.3.2 UK
                        10.3.2.1 Need for Fingerprint-Based Biometric Solutions in Law Enforcement Agencies Accelerates Demand for Fingerprint Sensors
             10.3.3 France
                        10.3.3.1 Government and Law Enforcement and Banking & Finance Applications to Play Important Role in Growth of French Market
             10.3.4 Italy
                        10.3.4.1 Eid Card Program Propels Italian Market Growth
             10.3.5 Rest of Europe
     10.4 APAC
             10.4.1 China
                        10.4.1.1 Presence of Leading Smartphone Manufacturers to Boost Fingerprint Sensor  Growth in China
             10.4.2 Japan
                        10.4.2.1 Cashless Initiatives to Create Opportunities for Fingerprint Technology-Based Biometrics Cards in Japan
             10.4.3 India
                        10.4.3.1 Higher Adoption of Fingerprint Scanners Under Aadhaar Initiative to Surge Demand for Fingerprint Sensors
             10.4.4 South Korea
                        10.4.4.1 Efforts By Leading Oems to Offer Advance Technology-Based Consumer Devices to Accelerate Demand for Fingerprint Sensors
             10.4.5 Rest of APAC
     10.5 RoW
             10.5.1 South America
                        10.5.1.1 Banking & Finance Applications to Provide Attractive Growth Opportunities for South American Market
             10.5.2 Middle East and Africa
                        10.5.2.1 Collaboration of Banks With Technology Providers to Adopt Biometric Smartcards Would Surge Demand for Fingerprint Sensors

11 Competitive Landscape (Page No. - 130)
     11.1 Overview
     11.2 Ranking Analysis of Key Players
             11.2.1 Product Launches and Developments
             11.2.2 Collaborations and Contracts
     11.3 Competitive Leadership Mapping
             11.3.1 Visionary Leaders
             11.3.2 Innovators
             11.3.3 Dynamic Differentiators
             11.3.4 Emerging Players

12 Company Profiles (Page No. - 136)
     12.1 Introduction
     12.2 Key Players
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
             12.2.1 Goodix
             12.2.2 Fingerprints
             12.2.3 Synaptics
             12.2.4 Apple Inc.
             12.2.5 EGIS Technology
             12.2.6 Crucialtec
             12.2.7 Next Biometrics
             12.2.8 Novatek Microelectronics
             12.2.9 Q Technology
             12.2.10 Qualcomm
* Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
     12.3 Other Key Players
             12.3.1 CMOS Sensor Inc.
             12.3.2 Elan Microelectronics
             12.3.3 Focaltech
             12.3.4 ID3 Technologies
             12.3.5 IDEX Biometrics
             12.3.6 Japan Display Inc.
             12.3.7 OXI Technology
             12.3.8 Sonavation Inc.
             12.3.9 Touch Biometrix
             12.3.10 Vkansee

13 Appendix (Page No. - 167)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details


List of Tables (107 Tables)

Table 1 Developments in Fingerprint Sensor Market
Table 2 Smartphones With In-Display Fingerprint Sensor
Table 3 Market in Terms of Value (USD Million) and Volume (Million Units), 2016–2024
Table 4 Market, By Technology, 2016–2024 (USD Million)
Table 5 Capacitive Fingerprint Sensor , By End-Use Application, 2016–2024 (USD Million)
Table 6 Optical Fingerprint Sensor , By End-Use Application, 2016–2024 (USD Million)
Table 7 Thermal Fingerprint Sensor , By End-Use Application, 2016–2024 (USD Million)
Table 8 Ultrasonic Fingerprint Sensor , By End-Use Application, 2016–2024 (USD Million)
Table 9 Fingerprint Sensor Market, By Type, 2016–2024 (USD Million)
Table 10 Fingerprint Sensor Market, By End-Use Application, 2016–2024 (USD Million)
Table 11 Fingerprint Sensor Market for Consumer Electronics, By Technology, 2016–2024 (USD Million)
Table 12 Capacitive Fingerprint Sensor  for Consumer Electronics, By Region, 2016–2024 (USD Million)
Table 13 Optical Fingerprint Sensor  for Consumer Electronics, By Region, 2016–2024 (USD Million)
Table 14 Thermal Fingerprint Sensor  for Consumer Electronics, By Region, 2016–2024 (USD Million)
Table 15 Ultrasonic Fingerprint Sensor  for Consumer Electronics, By Region, 2016–2024 (USD Million)
Table 16 Market for Consumer Electronics, By Region, 2016–2024 (USD Million)
Table 17 Market for Consumer Electronics in APAC, By Country, 2016–2024 (USD Million)
Table 18 Market for Consumer Electronics in North America, By Country, 2016–2024 (USD Million)
Table 19 Market for Consumer Electronics in Europe, By Country, 2016–2024 (USD Million)
Table 20 Market for Consumer Electronics in RoW, By Region, 2016–2024 (USD Million)
Table 21 Market for Travel and Immigration, By Technology, 2016–2024 (USD Million)
Table 22 Capacitive Fingerprint Sensor  for Travel and Immigration, By Region, 2016–2024 (USD Million)
Table 23 Optical Fingerprint Sensor for Travel and Immigration, By Region, 2016–2024 (USD Million)
Table 24 Thermal Fingerprint Sensor  for Travel and Immigration, By Region, 2016–2024 (USD Million)
Table 25 Ultrasonic Fingerprint Sensor for Travel and Immigration, By Region, 2016–2024 (USD Million)
Table 26 Fingerprint Sensor Market for Travel and Immigration, By Region, 2016–2024 (USD Million)
Table 27 Fingerprint Sensor Market for Travel and Immigration in APAC, By Country, 2016–2024 (USD Million)
Table 28 Market for Travel and Immigration in North America, By Country, 2016–2024 (USD Million)
Table 29 Market for Travel and Immigration in Europe, By Country, 2016–2024 (USD Million)
Table 30 Market for Travel and Immigration in RoW, By Region, 2016–2024 (USD Million)
Table 31 Market for Government and Law Enforcement, By Technology, 2016–2024 (USD Million)
Table 32 Capacitive Fingerprint Sensor  for Government and Law Enforcement, By Region, 2016–2024 (USD Million)
Table 33 Optical Fingerprint Sensor  for Government and Law Enforcement, By Region, 2016–2024 (USD Million)
Table 34 Thermal Fingerprint Sensor  for Government and Law Enforcement, By Region, 2016–2024 (USD Million)
Table 35 Ultrasonic Fingerprint Sensor for Government and Law Enforcement, By Region, 2016–2024 (USD Million)
Table 36 Market for Government and Law Enforcement, By Region, 2016–2024 (USD Million)
Table 37 Market for Government and Law Enforcement in North America, By Country, 2016–2024 (USD Million)
Table 38 Market for Government and Law Enforcement in Europe, By Country, 2016–2024 (USD Million)
Table 39 Market for Government and Law Enforcement in APAC, By Country, 2016–2024 (USD Million)
Table 40 Market for Government and Law Enforcement in RoW, By Region, 2016–2024 (USD Million)
Table 41 Market for Banking and Finance, By Technology, 2016–2024 (USD Million)
Table 42 Capacitive Fingerprint Sensor  for Banking and Finance, By Region, 2016–2024 (USD Million)
Table 43 Optical Fingerprint Sensor for Banking and Finance, By Region, 2016–2024 (USD Million)
Table 44 Thermal Fingerprint Sensor for Banking and Finance, By Region, 2016–2024 (USD Million)
Table 45 Ultrasonic Fingerprint Sensor for Banking and Finance, By Region, 2016–2024 (USD Million)
Table 46 Market for Banking and Finance, By Region, 2016–2024 (USD Million)
Table 47 Market for Banking and Finance in North America, By Country, 2016–2024 (USD Million)
Table 48 Market for Banking and Finance in Europe, By Country, 2016–2024 (USD Million)
Table 49 Market for Banking and Finance in APAC, By Country, 2016–2024 (USD Million)
Table 50 Market for Banking and Finance in RoW, By Region, 2016–2024 (USD Million)
Table 51 Market for Commercial, By Technology, 2016–2024 (USD Million)
Table 52 Capacitive Fingerprint Sensor  for Commercial, By Region, 2016–2024 (USD Million)
Table 53 Optical Fingerprint Sensor  for Commercial, By Region, 2016–2024 (USD Million)
Table 54 Thermal Fingerprint Sensor  for Commercial, By Region, 2016–2024 (USD Million)
Table 55 Ultrasonic Fingerprint Sensor for Commercial, By Region, 2016–2024 (USD Million)
Table 56 Market for Commercial, By Region, 2016–2024 (USD Million)
Table 57 Market for Commercial in North America, By Country, 2016–2024 (USD Million)
Table 58 Market for Commercial in Europe, By Country, 2016–2024 (USD Million)
Table 59 Market for Commercial in APAC, By Country, 2016–2024 (USD Million)
Table 60 Market for Commercial in RoW, By Region, 2016–2024 (USD Million)
Table 61  Market for Smart Homes, By Technology, 2016–2024 (USD Million)
Table 62 Capacitive Fingerprint Sensor  for Smart Homes, By Region, 2016–2024 (USD Million)
Table 63 Optical Fingerprint Sensor  for Smart Homes, By Region, 2016–2024 (USD Million)
Table 64 Thermal Fingerprint Sensor  for Smart Homes, By Region, 2016–2024 (USD Million)
Table 65 Ultrasonic Fingerprint Sensor t for Smart Homes, By Region, 2016–2024 (USD Million)
Table 66 Market for Smart Homes, By Region, 2016–2024 (USD Million)
Table 67 Market for Smart Homes in North America, By Country, 2016–2024 (USD Million)
Table 68 Market for Smart Homes in Europe, By Country, 2016–2024 (USD Million)
Table 69 Market for Smart Homes in APAC, By Country, 2016–2024 (USD Million)
Table 70 Market for Smart Homes in RoW, By Region, 2016–2024 (USD Million)
Table 71 Market for Healthcare, By Technology, 2016–2024 (USD Million)
Table 72 Capacitive Fingerprint Sensor  for Healthcare, By Region, 2016–2024 (USD Million)
Table 73 Optical Fingerprint Sensor for Healthcare, By Region, 2016–2024 (USD Million)
Table 74 Thermal Fingerprint Sensor  for Healthcare, By Region, 2016–2024 (USD Million)
Table 75 Ultrasonic Fingerprint Sensor  for Healthcare, By Region, 2016–2024 (USD Million)
Table 76 Market for Healthcare, By Region, 2016–2024 (USD Million)
Table 77 Market for Healthcare in North America, By Country, 2016–2024 (USD Million)
Table 78 Market for Healthcare in Europe, By Country, 2016–2024 (USD Million)
Table 79 Market for Healthcare in APAC, By Country, 2016–2024 (USD Million)
Table 80 Market for Healthcare in RoW, By Region, 2016–2024 (USD Million)
Table 81 Market for Military, Defense, and Aerospace, By Technology, 2016–2024 (USD Million)
Table 82 Capacitive Fingerprint Sensor  for Military, Defense, and Aerospace, By Region, 2016–2024 (USD Million)
Table 83 Optical Fingerprint Sensor  for Military, Defense, and Aerospace, By Region, 2016–2024 (USD Million)
Table 84 Thermal Fingerprint Sensor  for Military, Defense, and Aerospace, By Region, 2016–2024 (USD Million)
Table 85 Ultrasonic Fingerprint Sensor for Military, Defense, and Aerospace, By Region, 2016–2024 (USD Million)
Table 86 Market for Military, Defense, and Aerospace, By Region, 2016–2024 (USD Million)
Table 87 Market for Military, Defense, and Aerospace in North America, By Country, 2016–2024 (USD Million)
Table 88 Market for Military, Defense, and Aerospace in Europe, By Country, 2016–2024 (USD Million)
Table 89 Market for Military, Defense, and Aerospace in APAC, By Country, 2016–2024 (USD Million)
Table 90 Market for Military, Defense, and Aerospace in RoW, By Region, 2016–2024 (USD Million)
Table 91 Market for Other End-Use Applications, By Technology, 2016–2024 (USD Million)
Table 92 Capacitive Fingerprint Sensor  for Other End-Use Applications, By Region, 2016–2024 (USD Million)
Table 93 Optical Fingerprint Sensor  for Other End-Use Applications, By Region, 2016–2024 (USD Million)
Table 94 Thermal Fingerprint Sensor for Other End-Use Applications, By Region, 2016–2024 (USD Million)
Table 95 Ultrasonic Fingerprint Sensor for Other End-Use Applications, By Region, 2016–2024 (USD Million)
Table 96 Market for Other End-Use Applications, By Region, 2016–2024 (USD Million)
Table 97 Market for Others in North America, By Country, 2016–2024 (USD Million)
Table 98 Market for Others in Europe, By Country, 2016–2024 (USD Million)
Table 99 Market for Others in APAC, By Country, 2016–2024 (USD Million)
Table 100 Market for Others in RoW, By Region, 2016–2024 (USD Million)
Table 101 Market, By Region, 2016–2024 (USD Million)
Table 102 Market in North America, By Country, 2016–2024 (USD Million)
Table 103 Market in Europe, By Country, 2016–2024 (USD Million)
Table 104 Market in APAC, By Country, 2016–2024 (USD Million)
Table 105 Market in RoW, By Region, 2016–2024 (USD Million)
Table 106 Product Launches and Developments, 2018–2019
Table 107 Collaborations, and Contracts, 2017–2019


List of Figures (45 Figures)

Figure 1 Fingerprint Sensor Market: Process Flow of Market Size Estimation
Figure 2 Market: Research Design
Figure 3 Market: Bottom-Up Approach
Figure 4 Market: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions for Research Study
Figure 7 Capacitive Technology-Enabled Fingerprint Sensors to Account for Largest Market Size During Forecast Period
Figure 8 Banking and Finance Application to Witness Highest CAGR in Market During Forecast Period
Figure 9 Area and Touch Fingerprint Sensors Expected to Account for Larger Market Size in 2024
Figure 10 APAC to Account for Largest Share of Overall Market in 2024
Figure 11 Growing Adoption of Fingerprint Sensors in Consumer Electronics to Surge Market Growth During Forecast Period
Figure 12 Area and Touch Fingerprint Sensors Expected to Lead Market, in Terms of Size, During Forecast Period
Figure 13 Capacitive Technology and Consumer Electronics Application Held Largest Share of Market in APAC in 2018
Figure 14 China to Exhibit Highest CAGR in Market During Forecast Period
Figure 15 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Value Chain Analysis: Ecosystem of Fingerprint Sensors
Figure 17 Capacitive Technology to Lead Market, in Terms of Size, During Forecast Period
Figure 18 Capacitive Fingerprint Sensor  for Banking and Finance to Grow at Highest CAGR During Forecast Period
Figure 19 Consumer Electronics to Account for Largest Size of Optical Fingerprint Sensor Market in 2024
Figure 20 Area and Touch Sensors to Dominate Market During Forecast Period
Figure 21 Consumer Electronics to Account Largest Size of Market Share By 2024
Figure 22 Optical Fingerprint Sensor  for Consumer Electronics to Grow at Highest CAGR During Forecast Period
Figure 23 APAC to Command Fingerprint Sensor Market for Consumer Electronics During Forecast Period
Figure 24 Market in APAC for Government and Law Enforcement to Grow at Highest CAGR During Forecast Period
Figure 25 Capacitive Fingerprint Sensors to Hold Largest Market Size for Banking and Finance in 2024
Figure 26 APAC to Lead Market for Banking and Finance During Forecast Period
Figure 27 Capacitive Technology to Account for Largest Size of Market for Smart Homes During Forecast Period
Figure 28 Market in APAC for Smart Homes to Grow at Highest CAGR During Forecast Period
Figure 29 Market in APAC to Grow at Highest CAGR During 2019–2024
Figure 30 North America: Market Snapshot
Figure 31 APAC: Market Snapshot
Figure 32 China to Dominate Market in APAC During 2019–2024
Figure 33 Organic and Inorganic Strategies Adopted By Companies Operating in Market
Figure 34 Market Ranking of Major Players in Market, 2018
Figure 35 Market (Global) Competitive Leadership Mapping, 2018
Figure 36 Goodix: Company Snapshot
Figure 37 Fingerprints: Company Snapshot
Figure 38 Synaptics: Company Snapshot
Figure 39 Apple Inc.: Company Snapshot
Figure 40 EGIS: Company Snapshot
Figure 41 Crucialtec: Company Snapshot
Figure 42 Next Biometrics: Company Snapshot
Figure 43 Novatek Microelectronics: Company Snapshot
Figure 44 Q Technology: Company Snapshot
Figure 45 Qualcomm: Company Snapshot

The study has involved four major activities in estimating the size of the fingerprint sensor market. Exhaustive secondary research has been done to collect information on the market, the peer market, and the parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the total market size. After that, market breakdown and data triangulation methods have been used to estimate the market for segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard and silver-standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The fingerprint sensor market comprises several stakeholders, such as smartphone OEMs, access control system providers, fingerprint scanner providers, IoT device manufacturers, smartcard providers, among others in the supply chain. The demand side of this market includes OEMs and end-use applications such as consumer electronics; banking and finance; travel and immigration; government and law enforcement; healthcare; smart homes; military, defense, and aerospace; and commercial. Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is as follows

Fingerprint Sensors Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the fingerprint sensor market. These methods have also been used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size is as follows:

  • Key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • Players offering various types of sensors are considered, their revenue for sensors has been observed to arrive at global numbers.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market has been split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides in the fingerprint sensor market.

Report Objectives

  • To describe and forecast the fingerprint sensor market by type, technology, and end-use application, in terms of value
  • To describe and forecast the market for various segments with regard to main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW), in terms of value
  • To forecast the global fingerprint sensor market, in terms of volume
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges that influence the growth of the fingerprint sensor market
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
  • To profile key players and comprehensively analyze their ranking based on their revenues and core competencies, along with detailing the competitive landscape for market leaders
  • To analyze competitive developments such as product launches and developments, collaborations, and contracts in the fingerprint sensor market
  • To benchmark players within the market using proprietary "Competitive Leadership Mapping" framework, which analyzes market players on various parameters within the broad categories of business and product strategy

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Company Information:

  • Detailed analysis and profiling of additional market players
Report Code
SE 3536
Published ON
Sep, 2019
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