Trouble in Your Tank: Implementing Direct Metallization in Advanced Substrate Packaging
It’s Only Common Sense: Storytelling That Sells—Stop Pitching, Start Painting Pictures
The Right Approach: Get Ready for ISO 9001 Version 6
Global Fingerprint Sensors Market to Reach $14.61B by 2026
August 30, 2018 | PRNewswireEstimated reading time: 1 minute
The global fingerprint sensors market is accounted for $3.17 billion in 2017 and is expected to reach $14.61 billion by 2026 growing at a CAGR of 18.5%. Factors such as growing demand for fingerprint sensors in security checks in airports, government support for the adoption of fingerprint sensors, use of biometrics in mobile commerce and fast growth in electronic devices are fueling the market growth. However, lack of awareness on security fundamentals and efficiency and reliability of fingerprint sensors are hampering the market.
A fingerprint sensor is a biometric security device that combines hardware and software techniques to identify the fingerprint scans of an individual to identify and authenticate an individual to, ultimately, grant or deny access to a computer system or a physical facility. Fingerprints provide reliable, fast and easy access to personal contact details, payment information, mails, location data and other form of encrypted data to authenticated person. Fingerprint sensors are used to offer authentication and authorization to the individual. It captures extract biological features of the finger prints in the form of the live scan and compares it with existing biometric template stored in the database.
Based on application, the banking and finance application is likely to have steady growth during the predicted period due to the use of biometric smart cards in backs and finance-related organizations. In the near future, many companies are anticipated to play a chief role in the market for smart cards, which can be used as payment cards. In terms of geography, Asia Pacific is likely to grow at the highest CAGR during the forecast period. The rise in disposable income has impelled to the rise in the demand and use of smartphones and laptops, which, in turn, has improved the growth of market in this region.
Some of the key players in the Fingerprint Sensors market include 3M Cogent Inc., Apple Inc., NEC Corporation, Ekey Biometric Systems, Integrated Biometrics, Inc, Dermalog Identification Systems GmbH, Silead Inc., Egis Technology Inc., Crossmatch, Synaptics, Interlink Electronics, Safran Identity & Security (Morpho) , Fingerprint Cards AB, Infineon Technologies AG, Goodix Ltd, Suprema Inc., Idex ASA, Next Biometrics, Bio-Key International and Touch Biometrix.
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Indium Promotes Huang to Senior Manager, Marketing Communications
08/28/2025 | Indium CorporationWith its commitment to innovation and growth through employee development, Indium Corporation announces the promotion of Jingya Huang to Senior Manager, Marketing Communications, to continue to lead the company’s branding and promotional efforts.
India’s PC Market Grows 5.7% YoY in 1H25, Shipping 6.8 Million Units
08/22/2025 | IDCIndia’s traditional PC market (desktops, notebooks, and workstations) grew 3.0% year-over-year (YoY) in 2Q25 with 3.5 million units shipments, according to data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. This marks the eighth consecutive quarter of growth.
Ta Yang Group Holdings Limited Announcing AI Transformation Blueprint
08/21/2025 | ACN NewswireTa Yang Group Holdings Limited, a well-established Hong Kong-listed company with nearly two decades of market presence, plans to further advance comprehensively into the Web 4.0 field and artificial intelligence (AI) industry.
Standardized Hinges and Apple’s Entry Expected to Push Foldable Phone Penetration Beyond 3% by 2027
08/19/2025 | TrendForceTrendForce’s latest investigations reveal that the anticipated launch of Apple’s first foldable device in the second half of 2026 is expected to lift foldable phone penetration from 1.6% in 2025 to over 3% in 2027.
The Marketing Minute: Staying Positive When the Market Isn’t
08/20/2025 | Brittany Martin -- Column: The Marketing MinuteIn today’s volatile electronics market, buffeted by tariffs, supply-chain shifts, and squeezed margins, it’s tempting to tighten belts and cut your marketing budget. But history shows us that the quietest brands get forgotten fastest. Staying visible is not a luxury; it’s a competitive advantage.