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Global Fingerprint Sensor Market Analysis, Trends, Growth: By Type: FAP 10, FAP 20, FAP 30; By End Use: Banking and Finance, Government and Law Enforcement, Commercial, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Fingerprint Sensor Market Outlook
Global fingerprint sensor market attained a value of about USD 4.83 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 9.11 billion by 2032.
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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.
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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.
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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.
| 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, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| 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 |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Fingerprint Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Fingerprint Sensor Historical Market (2018-2023)
8.3 Global Fingerprint Sensor Market Forecast (2024-2032)
8.4 Global Fingerprint Sensor Market by Type
8.4.1 FAP 10
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 FAP 20
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 FAP 30
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Fingerprint Sensor Market by End Use
8.5.1 Banking and Finance
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Government and Law Enforcement
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Commercial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Fingerprint Sensor Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Fingerprint Sensor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Fingerprint Sensor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Fingerprint Sensor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Fingerprint Sensor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Fingerprint Sensor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Apple Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Egis Technology Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 IDEMIA
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Synaptics Incorporated
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Thales Group
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Fingerprint Sensor Market: Key Industry Highlights, 2018 and 2032
2. Global Fingerprint Sensor Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Fingerprint Sensor Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Fingerprint Sensor Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Fingerprint Sensor Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Fingerprint Sensor Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Fingerprint Sensor Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Fingerprint Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Fingerprint Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Fingerprint Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Fingerprint Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Fingerprint Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Fingerprint Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Fingerprint Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Fingerprint Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Fingerprint Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Fingerprint Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Fingerprint Sensor Market Structure
Key Questions Answered in the Report
In 2023, the global fingerprint sensor market attained a value of more than USD 4.83 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.
Analyst Review
The global fingerprint sensor market attained a value of more than USD 4.83 billion in 2023, driven by the growth of various end use sectors. Aided by widespread use of fingerprint sensor-based biometric systems by governments and law enforcement agencies and growing adoption of biometric-based time and attendance systems in corporate and government organisations, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 15.8%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The industry is divided on the basis of type into FAP 10, FAP 20, and FAP 30. On the basis of end-use, the industry is segmented into banking and finance, government and law enforcement, and commercial, among others. The major regional markets for fingerprint sensor are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Apple Inc., Egis Technology Inc., IDEMIA, Synaptics Incorporated, and Thales Group, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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