Crossmatch (US), 3M Cogent Inc. (US), Dermalog Identification Systems (Germany), Fingerprint Cards AB (Sweden), Egis Technology Inc.(US), Goodix Ltd (China), Silead Inc. (China), NEC Corporation (Japan), Suprema Inc. (Korea) and Synaptic Inc. (US) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Fingerprint Sensors Market.

Overview

Fingerprint Sensors are used in Biometric Fingerprint Recognition System used for security purposes in various sectors such as Police/ Investigation (to help them solve criminal cases), Immigration & Border Protection, in banking & organizations etc. to help make operations, transactions and everyday life both safer and more convenient. Evidently, growing online & offline security concerns worldwide account for the key driving force behind the growth of Biometric Recognition System that resultantly drive the demand for Fingerprint Sensors.

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Augmented penetration of internet ensured upsurge demand for online transaction has in turn prompted the demand for these sensors for authentication purposes. Telecommunication sector is second largest adopter (after Govt.entities) of Fingerprint Sensors worldwide. Wide adoption of this the biometric technology to ensure security is the key factor that allows the market to garner exponential traction on the global platform.

Segmentation

For the convenience of Fingerprint Sensor Market Size and enhanced understanding; the report has been segmented in to 3 key dynamics:-

By Components: Comprising Hardware (Optical Sensors, Capacitive Sensors, Ultrasound Sensors, Thermal Sensors & Solid-State Sensors & others), and software

By Application: Mobile Security, Government, Military & Defence, Banking & Commercial etc.

By Region: North America, Europe, APAC and Rest of the World.

Regional Analysis

Regionally, North-America accounted for the largest market share owing to the technological advancements, several opportunities in various sectors and increasing usage by the law enforcement agencies. However, the region will be handing over the supremacy to the APAC region in the future.

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