The global Non-Optical Fingerprint Sensor market is projected to grow at a CAGR of 9.27% during the forecast period to reach US$5.264 billion in 2024 from US$3.029 billion in 2018. The rising adoption of biometric security in communication devices, consumer electronics and industrial electronics is the key driver impacting the demand for fingerprint sensors during the forecast period.
Furthermore, increasing R&D investment, and technological research in the field of fingerprint sensors will further propel the demand for these sensors in the coming years. In addition, the rising focus towards mobile banking is further providing more opportunities for the non-optical fingerprint sensors to grow during the coming years.
Rising usage of fingerprint sensors across multiple end-user industries
Rapid advancements in fingerprint technology
Availability of optical fingerprint sensors
In March 2019, Samsung’s Galaxy S10 and S10+, the world’s first phones with in-display ultrasonic fingerprint sensors were made available for sale globally.
In December 2018, Qualcomm announced the world’s first 3D ultrasonic in-display fingerprint sensor for smartphones and will be enabled on devices powered using Qualcomm’s snapdragon 855 chipset.
The major players profiled in the non-optical fingerprint sensor market include Synaptics Incorporated, Fingerprint Cards AB, Shenzhen Goodix Technology Co., Ltd., Egis Technology Inc., among others.
|Market size value in 2018||US$3.029 billion|
|Market size value in 2024||US$5.264 billion|
|Growth Rate||CAGR of 9.27% from 2018 to 2024|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Technology, End-User Industries, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Synaptics Incorporated, Fingerprint Cards AB, Shenzhen Goodix Technology Co., Ltd., Egis Technology Inc., Shenazhen CAMA Biometrics Co.,Ltd., FlexEnable Limited|
|Customization scope||Free report customization with purchase|
The Non-Optical Fingerprint Sensor market has been analyzed through the following segments:
By End-User Industries
Europe Middle East and Africa
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. NON-OPTICAL FINGERPRINT SENSOR MARKET BY TECHNOLOGY
6. NON-OPTICAL FINGERPRINT SENSOR MARKET BY END-USER INDUSTRIES
6.2. Consumer Electronics
7. NON-OPTICAL FINGERPRINT SENSOR MARKET BY GEOGRAPHY
7.2. Europe Middle East and Africa
7.2.1. United Kingdom
7.3. Asia Pacific
7.3.4. South Korea
8. COMPETITIVE INTELLIGENCE
8.1. Company Benchmarking and Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Synaptics Incorporated
9.2. Fingerprint Cards AB
9.3. Shenzhen Goodix Technology Co., Ltd.
9.4. Egis Technology Inc.
9.5. Shenazhen CAMA Biometrics Co.,Ltd.
9.6. FlexEnable Limited
9.7. *The List is not Exhaustive
LIST OF FIGURES
LIST OF TABLES
Fingerprint Cards AB
Shenzhen Goodix Technology Co., Ltd.
Egis Technology Inc.
Shenazhen CAMA Biometrics Co.,Ltd.
*The List is not Exhaustive
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