Global Fingerprint Sensor Market Size, Share, and COVID-19 Impact Analysis, By Type (Area & Touch Sensor, and Swipe Sensor), By Sensor Technology (2D and 3D), By Technology (Capacitive, Optical, Thermal, and Ultrasonic), By End-Use Application (Consumer Electronics, Travel & Immigration, Government & Law Enforcement, Banking & Finance, Commercial, Smart Homes, Healthcare, Military, Defense, & Aerospace, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Semiconductors & Electronics

RELEASE DATE May 2024
REPORT ID SI4431
PAGES 200
REPORT FORMAT PathSoft

Global Fingerprint Sensor Market Insights Forecasts to 2033

  • The Global Fingerprint Sensor Market Size was Valued at USD 4.3 Billion in 2023
  • The Market Size is Growing at a CAGR of 12.20% from 2023 to 2033
  • The Worldwide Fingerprint Sensor Market Size is Expected to Reach USD 13.6 Billion by 2033
  • North America is expected to Grow the fastest during the forecast period.

 

Global Fingerprint Sensor Market

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The Global Fingerprint Sensor Market Size is Anticipated to Exceed USD 13.6 Billion by 2033, Growing at a CAGR of 12.20 % from 2023 to 2033.

 

Market Overview

Fingerprint sensor is one kind of sensor used in a fingerprint detection device. These devices are mainly built into the fingerprint detection module and used for computer safety. The main features of this device primarily include accuracy, better performance, and robustness based on exclusive fingerprint biometric technology. The fingerprint recognition device validates the user's identity by comparing a minute image that is displayed and the one given at the access time. The capabilities of image processing are good, and can effectively capture pictures up to 500 dpi resolution. Pattern matching compares all of the finger’s surfaces as opposed to one specific point. When using slap scanners for fingerprint verification instead of manual checks, processing times are greatly decreased. Border officers can enhance overall border security and stop unauthorized entrance by swiftly recognizing people on watchlists. Verification of fingerprints aids in preventing the use of forged travel papers, such as passports. Investigators and analysts can compare unknown prints collected from a crime scene to the known prints of victims, witnesses, and potential suspects to assist in criminal cases. Thus, particular significance is given to fingerprints in the field of criminal justice. BHIM-Aadhaar-Pay is a biometric-led payment mode that precisely validates the customers or consumers by capturing their biometric characteristics to execute trusted payment services. It is a one-stop solution to implement a reliable mode of payment in India to stimulate growth by optimizing the payment process.

 

Report Coverage

This research report categorizes the market for the global fingerprint sensor market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global fingerprint sensor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global fingerprint sensor market.

 

Global Fingerprint Sensor Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 4.3 Billion
Forecast Period:2022-2032
Forecast Period CAGR 2022-2032 :12.20%
2032 Value Projection:USD 13.6 Billion
Historical Data for:2021-2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Type, By Sensor Technology, By End-Use Application, By Region
Companies covered:: Apple Inc., Novatek Microelectronics, IDEX Biometrics, NEC Corporation, Qualcomm Technologies, Synaptics Incorporated, Fingerprint Cards, IDEMIA, Sonavation Inc., Shenzhen Goodix Technology Co., Fingerprints, NEXT Biometrics, Thales Group, HID Corporation, Others, and
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

The growing use of consumer electronics devices for tasks, ranging from banking to online shopping owing to the advancements and integration of smart features such as AI and IoT leads to drive the market demand for fingerprint sensors. Biometric technology is also increasing with the advanced technologies that lead to drive the market growth of fingerprint sensors.

 

Restraining Factors

The high cost required for implementing fingerprint sensors is hampering the market of fingerprint sensors. The increasing use of facial recognition and iris scanning in recent years restrains the market demand for fingerprint sensors.  

 

Market Segmentation

The global fingerprint sensor market share is classified into type, sensor technology, technology, and end-use application.

  • The area & touch sensor segment is anticipated to grow at the fastest CAGR over the forecast period.

Based on the type, the global fingerprint sensor market is categorized into area & touch sensor and swipe sensor. Among these, the area & touch sensor segment is anticipated to grow at the fastest CAGR over the forecast period. Touch sensors are sensors that can detect touch and operate as a switch when touch, offering an intuitive user interface. An increasing number of products are integrating capacitive touch controls. Industries such as medical, automotive, consumer electronics, appliances, aerospace, and industrial controllers continue to focus on integration. Thus, driving the market demand in the area and touch segment.

 

  • The 2D segment dominated the market with the largest revenue share in 2023.

Based on the sensor technology, the global fingerprint sensor market is categorized into 2D and 3D. Among these, the 2D segment dominated the market with the largest revenue share in 2023. The application of 2D materials in electrochemical sensors can have several advantages that ultimately improve the sensitivity and selectivity of the device. In addition, 2D systems are more affordable and less complex than 3D.

 

  • The optical segment accounted for the largest market share through the forecast period.

Based on the technology, the global fingerprint sensor market is categorized into capacitive, optical, thermal, and ultrasonic. Among these, the optical segment accounted for the largest market share through the forecast period. Optical fingerprint sensors are extremely accurate and reliable and are significantly cheaper than other types of sensors. There is an increasing use of optical fingerprint sensor in biometric devices that works on the principle of capturing the image of the fingerprint by illuminating it through LEDs.

 

  • The consumer electronics segment is expected to hold the largest share of the global fingerprint sensor market during the forecast period.   

Based on the end-use application, the global fingerprint sensor market is categorized into consumer electronics, travel & immigration, government & law enforcement, banking & finance, commercial, smart homes, healthcare, military, defense, & aerospace, and others. Among these, the consumer electronics segment is expected to hold the largest share of the global fingerprint sensor market during the forecast period. Fingerprint sensors are used in various consumer electronics such as devices, smartphones, tablets, and laptops. In security systems, these sensors are used to access buildings and computer systems rising deployment of fingerprint sensors in smart devices used for payments, banking, and finance.

 

Regional Segment Analysis of the Global Fingerprint Sensor Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia-Pacific is anticipated to hold the largest share of the global fingerprint sensor market over the predicted timeframe.

 

Global Fingerprint Sensor Market

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Asia-Pacific is projected to hold the largest share of the global fingerprint sensor market over the forecast period. The growing use of biometric sensors in various companies is driving the market in the region. The rising security and safety concerns increase the need for fingerprint sensors ultimately driving the market demand. Further, the increasing mobile transactions and digital payment industries in countries like India and China are significantly contributing to the market growth for fingerprint sensors.

 

North America is expected to grow at the fastest CAGR growth of the global fingerprint sensor market during the forecast period. The growing use of online transactions owing to the higher internet penetration in the United States and Canada is driving the fingerprint sensors market. The increasing e-commerce sales, smartphone market and government-led investments are driving the market in the region. The trend of integrating the automatic payment system in the vehicle and increasing biometrics deployment for enhanced security are escalating the market growth in the region. The rising focus on product innovation and the use of smart wearable devices, such as watches, are increasingly adopting fingerprint scanners.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global fingerprint sensor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Apple Inc.
  • Novatek Microelectronics
  • IDEX Biometrics
  • NEC Corporation
  • Qualcomm Technologies
  • Synaptics Incorporated
  • Fingerprint Cards
  • IDEMIA
  • Sonavation Inc.
  • Shenzhen Goodix Technology Co.
  • Fingerprints
  • NEXT Biometrics
  • Thales Group
  • HID Corporation
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In March 2024, Fingerprint Cards announced a distribution agreement with Turkey-based component supply services provider Ansal Component to integrate Fingerprint Cards’ sensors into access control devices for the Turkish market.

 

  • In May 2023, Synaptics® Incorporated (Nasdaq: SYNA) announced at Computex 2023 that it has combined its S9A0H NIST SP800-193 firmware-qualified touch controller with Boréas Technologies Inc.’s piezo haptics technology to deliver a high-performance trackpad module.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global fingerprint sensor market based on the below-mentioned segments: 

 

Global Fingerprint Sensor Market, By Type

  • Area & Touch Sensor
  • Swipe Sensor

 

Global Fingerprint Sensor Market, By Sensor Technology

  • 2D
  • 3D

 

Global Fingerprint Sensor Market, By Technology

  • Capacitive
  • Optical
  • Thermal
  • Ultrasonic

 

Global Fingerprint Sensor Market, By End-Use Application

  • Consumer Electronics
  • Travel & Immigration
  • Government & Law Enforcement
  • Banking & Finance
  • Commercial
  • Smart Homes
  • Healthcare
  • Military, Defense, & Aerospace
  • Others

 

Global Fingerprint Sensor Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.What is the CAGR of the global fingerprint sensor market over the forecast period?
    The global fingerprint sensor market is projected to expand at a CAGR of 12.20% during the forecast period.
  • 2.What is the projected market size & growth rate of the global fingerprint sensor market?
    The global fingerprint sensor market was valued at USD 4.3 Billion in 2023 and is projected to reach USD 13.6 Billion by 2033, growing at a CAGR of 12.20% from 2023 to 2033.
  • 3.Which region is expected to hold the highest share in the global fingerprint sensor market?
    The Asia-Pacific region is expected to hold the highest share of the global fingerprint sensor market.

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