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Report Overview

The global fingerprint sensor market attained a value of about USD 5.59 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 15.8% to reach nearly USD 20.94 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Fingerprint Sensor Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 5.59
Market Size 2032 USD Billion 20.94
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 15.8%
CAGR 2024-2032 - Market by Region Asia Pacific 17.5%
CAGR 2024-2032 - Market by Country China 16.8%
CAGR 2024-2032 - Market by Country UK 16.4%
CAGR 2024-2032 - Market by Type FAP 30 18.3%
CAGR 2024-2032 - Market by End Use Government and Law Enforcement 16.2%
Market Share by Country 2023 Germany 5.5%

Global Fingerprint Sensor Market

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Rising use of Consumer Electronics is Expected to Aid the Market Growth of Fingerprint Sensor

The onset of the coronavirus outbreak has led to a spike in online consumers as the global population stayed indoors to contain the virus. As a result, there is a rise in consumer electronics. With these devices come the requirement of authentication and the use of fingerprint sensors for security purposes and the safety of the content in these devices. This has boosted the fingerprint sensor industry. Further, as people now prefer contactless mode of payments to safeguard against COVID-19, the demand for fingerprint sensor is increasing. Emerging trends toward IoT based biometric technology and mounting adoption of in-display fingerprint sensors in smartphones are expected to create lucrative opportunities in the industry. In short, with digitalisation there is a boom in the market of fingerprint sensor.

Fingerprint Sensor: Market Segmentation

Fingerprint sensor basically is a sub-division of biometric authentication, which mainly caters to the security purposes for various domains and industries. Since everyone has a different ridge of fingers, a fingerprint is unique and durable over a person’s lifetime, due to which it plays a vital role in security of critical information.

Global Fingerprint Sensor Market by Segment

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The industry is divided on the basis of types into:

  • FAP 10
  • FAP 20
  • FAP 30

On the basis of end uses, the industry is segmented into:

  • Banking and Finance
  • Government and Law Enforcement
  • Commercial 
  • Others

The EMR report looks into the regional markets of fingerprint sensor like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

CAGR 2024-2032 - Market by Country
China 16.8%
UK 16.4%
Mexico 16.4%
USA 16.2%
Saudi Arabia 14.9%
Canada XX%
Germany 14.8%
France XX%
Italy XX%
Japan XX%
India XX%
Australia XX%
Brazil XX%

Global Fingerprint Sensor Market by Region

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Growing use of Fingerprint Sensor in Government Sector to Cater to the Industry Growth

With innovation and more user-friendly forms of the fingerprint sensor, the industry is further growing. There is growth in various end use sectors, which utilises different forms of fingerprint biometrics, consequently aiding the market growth. The sectors like government agencies, which are using fingerprint sensor, find it hassle-free and convenient with less paperwork and better results, thereby providing impetus to the market growth. Further, the widespread use of fingerprint sensor-based biometric systems by governments and law enforcement agencies for improving security is strengthening the market growth. Moreover, the growing adoption of biometric-based time and attendance systems in corporate and government organisations for measuring hours of service for workers and productivity, supports the market growth. With the government shifting towards biometric ID program, which will help to maintain privacy and safety of the citizens, the market for fingerprint sensor is expected to rise over the forecast period.

Key Industry Players in the Global Fingerprint Sensor Market

The report presents a detailed analysis of the following key players in the global fingerprint sensor market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Apple Inc.
  • Egis Technology Inc.
  • IDEMIA
  • Synaptics Incorporated
  • Thales Group
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End Use 
  • Region
Breakup by Type
  • FAP 10
  • FAP 20
  • FAP 30
Breakup by End Use
  • Banking and Finance
  • Government and Law Enforcement
  • Commercial
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Apple Inc.
  • Egis Technology Inc.
  • IDEMIA 
  • Synaptics Incorporated 
  • Thales Group
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global fingerprint sensor market attained a value of more than USD 5.59 billion.

The market is projected to grow at a CAGR of 15.8% between 2024 and 2032.

The widespread use of fingerprint sensor-based biometric systems by governments and law enforcement agencies, the growing adoption of biometric-based time and attendance systems in corporate and government organisations, and the shift towards biometric ID programs are the major drivers of the market.

The key trends guiding the market growth include rapid technological advancements and the development of more user-friendly forms of fingerprint sensors.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of fingerprint sensor include FAP 10, FAP 20, and FAP 30.

The various end uses of fingerprint sensor are banking and finance, government and law enforcement, and commercial, among others.

The key players in the market are Apple Inc., Egis Technology Inc., IDEMIA, Synaptics Incorporated, and Thales Group, among others.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 20.94 billion by 2032.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124