Fingerprint Sensors Market Statistics, Revenue, Demand and Trend Analysis Research Report by 2027
The new report titled ‘Global Fingerprint Sensors Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Fingerprint Sensors market outlook over the forecast duration (2019-2027). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market.
The Global Fingerprint Sensors Market is forecasted to be worth USD 10.36 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of in-display and capacitive fingerprint in smartphones & other IoT devices owing to its more accurate personal identification, reduced risks of security breaches, and huge overall growth of the IoT device industry.
Extensive growth in the smartphone usage and higher requirement of effortless & quick biometric security in smartphone and tablet devices have been a substantial impulsive factor behind the growth of this market growth. Smartphone manufacturers have been investing enormously in the research & development of various types of fingerprint biometric techniques and implementing those in smartphones & tablets. Additionally, increasing usage of multimodal two-step authentication system along with a higher preference of fingerprint sensors in such multimodal systems has been a major propelling factor for this market
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Global Fingerprint Sensors Market – Overview:
The latest market intelligence report, titled ‘Global Fingerprint Sensors Market’, is intended to provide the target audience with the necessary information about the global Fingerprint Sensors industry. The report comprises a detailed analysis of the vital elements of the Fingerprint Sensors market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Fingerprint Sensors market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
Further key findings from the report suggest
- In June 2020, TCL and China Star Optoelectronics Technology Co., Ltd (CSOT) revealed their recent development of a new full-screen single-point in-display fingerprint technology for the LCD screens. This new fingerprint sensor is also said to have an ultra-high fingerprint recognition rate that is supposed to reach the level offered by the existing OLED displays with under-display fingerprint sensors and even could have the potential to surpass it.
- The ultrasonic fingerprint recognition sub-segment is growing with the fastest growth rate of 19.2% during the projected period with an extensive implementation in the smartphone industry owing to higher accuracy & precision in a sonic-pulse wave-based three-dimensional fingerprint image sensing system.
Global Fingerprint Sensors Market Report – Table of Contents:
- Chapter 1 includes the global Fingerprint Sensors market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Fingerprint Sensors market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Fingerprint Sensors market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Fingerprint Sensors industry, along with their anticipated sales and revenue shares.
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Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Fingerprint Sensors market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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