Fingerprint Sensor Market

Fingerprint Cards (Sweden) and Goodix (China) are the Top 2 Players in the Fingerprint Sensor Market

The overall fingerprint sensor market is expected to be worth USD 8.80 Billion by 2023, growing at a CAGR of 15.66% between 2018 and 2023. The high potential for fingerprint sensors in IoT applications and growing scope for these sensors in the banking and finance industry offer key growth opportunities for the market players. Some key factors such as the proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors, and the use of biometrics in mobile commerce are driving the fingerprint sensor market growth.

Key players operating in the fingerprint sensor market include major players operating in different stages in the entire value chain of fingerprint sensor systems; these players are Apple (US), Synaptics (US), Fingerprint Cards (Sweden), Goodix (China), IDEMIA (France), Egis Technology (Taiwan), NEXT Biometrics (Norway), Anviz Global (US), IDEX ASA (Norway), and Gemalto (Netherlands). Many major companies focus on the implementation of organic growth strategies such as product launches, and inorganic strategies such as agreements, partnerships, and collaborations to boost their revenues.

Top 2 Players in Fingerprint Sensor Market:

Fingerprint Cards (Sweden) was ranked first in the global fingerprint sensor market in 2017. It is one of the leading players in this market. It offers biometric systems including sensors, algorithms, software, and packaging technologies. The company offers a wide range of fingerprint sensors for various applications. It offers touch fingerprint sensors, swipe fingerprint sensors, area fingerprint sensors, and biometrics modules for smartphones, Tablets, smart cards, automotive applications, and the Internet of Things. Till January 2018, FPC’s touch sensors were featured in over 300 different smartphones models from more than 25 brands. For instance, in December 2017, Huawei (China) launched 2 new smartphones, Huawei Enjoy 7S and Honor 9 Lite, both with the touch sensors FPC1028 obtained from Fingerprint Cards.

Goodix (China) was ranked second in the overall fingerprint sensor market in 2017. The company offers fingerprint sensors and touch controllers for smartphones, Tablets, smart home devices, and Notebooks. It offers various fingerprint sensors for different applications. The company provides invisible fingerprint sensors, sapphire-covered fingerprint sensors, glass-covered fingerprint sensors, ceramic-covered fingerprint sensors, and in-display fingerprint sensors, among others. The company is the first IC designer in the world to develop, patent, and commercialize the Live Finger Detection technology applied to mobile devices. This technology seamlessly combines a capacitive fingerprint sensor and an optical sensor into one. This sensor is capable of detecting fingerprints, blood flow, and infrared signals for user authentication and rejecting the faked fingerprints. In March 2018, the company announced the commercialization of its optical in-display fingerprint sensors for Vivo’s (China) new flagship smartphone X21.

Related Reports:

Fingerprint Sensor Market by Type, Technology (Capacitive, Optical, Thermal), Application (Consumer Electronics, Government & Law Enforcement, Travel & Immigration, Banking & Finance), and Geography - Global Forecast to 2023

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Report Code
SE 3536
Published ON
May, 2018
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