USD 4.80 billion
Fingerprint Sensor Market Size, Share, Growth Analysis, By Type (Capacitive Sensors, Optical Sensors), By Technology (Touch Sensors, Swipe Sensors), By Application, By End User, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG45J2183 |
Region:
Global |
Published Date: December, 2024
Pages:
165
|Tables:
176
|Figures:
79
Fingerprint Sensor Market Insights
Fingerprint Sensor Market size was valued at USD 5.45 Billion in 2023 and is poised to grow from USD 6.19 Billion in 2024 to USD 17.03 Billion by 2032, growing at a CAGR of 13.5% during the forecast period (2025-2032).
The fingerprint sensor market includes the widespread use of fingerprint sensors in consumer devices, the successful implementation of biometric systems for calculating employee productivity, and work hours, and the rising adoption of biometrics by government agencies for enhanced security are key factors driving the market growth. The development of biometric smartcards in BFSI applications, the trend of in-display fingerprint sensors in smartphones, along with the rise in the deployment of fingerprint sensors in IoT-based devices. As of November 2021, Fingerprint Cards AB established two subsidiaries to increase strategic and financial potential in key mobile, PC, payments, and access industries. Before initiating a program of strategic diversification into the PC, access control, and payments areas, Fingerprint provided biometric solutions for Android handsets. These expansions and diversification of technology into various domain is propelling the demand for fingerprint sensors and driving the market throughout the analysis period.
US Fingerprint Sensor Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
2D sensor technology
Fastest Growth
3D fingerprint sensor
Growth Rate
13.5% CAGR
Global Fingerprint Sensor Market 2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Fingerprint Sensor Market Segmental Analysis
Global Fingerprint Sensor Market is segmented by type, technology, application, end user and region. Based on type, the market is segmented into capacitive sensors, optical sensors, thermal sensors and ultrasonic sensors. Based on technology, the market is segmented into touch sensors and swipe sensors. Based on application, the market is segmented into consumer electronics (smartphones, laptops, tablets), government and law enforcement (border control, national id), banking and finance (ATMs, banking cards), healthcare (patient identification, access control), commercial (office security, time and attendance systems) and automotive (vehicle access, in-car payment systems). Based on end user, the market is segmented into OEM (original equipment manufacturer) and aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Fingerprint Sensor Market Analysis by Sensor Technology
In 2021, the 2D sensor technology accounted for the largest market share of the global fingerprint market and is expected to do so during the analysis period. This dominance is because 2D sensors excel in detection and range-finding tasks and the continuous adoption of the technology by manufacturers because of its low cost, particularly in mobile devices drives the market demand. However, the 3D fingerprint sensor segment is anticipated to grow at a higher CAGR throughout the forecast period as the most accurate representation of an actual fingerprint is provided by 3D sensors. Qualcomm and Touchless Biometric Systems TBS both provide 3D sensors for access control, attendance management, and other sensitive applications are some of the major factors propelling the market demand throughout the analysis period.
Fingerprint Sensor Market Analysis by End-Use
The fingerprint sensor market is segmented into consumer electronics, government and law enforcement, banking and financials, automotive, healthcare, military and defense, and many other fields based on its end-use of which the consumer electronics segment accounted for the largest market share in the year 2021. This dominance is due to the growing demand for fingerprint sensors in consumer electronics such as smartphones, tablets, and laptops. Moreover, IoT devices are expected to create market opportunities. Due to the rising deployment of fingerprint sensors in smart devices used for payments, banking and finance are predicted to be the fastest-growing sector of the fingerprint sensor market during the forecast period.
Global Fingerprint Sensor Market By Sensor Technology, 2021 (%)
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Fingerprint Sensor Market Regional Insights
In 2021, Asia Pacific held the largest global fingerprint sensor market share of more than 40 %. The growing use of biometric sensors in various companies, along with an increase in wearable devices, and rising security and safety concerns are anticipated to propel the fingerprint sensors market in the Asia Pacific region during the forecast period. Growing mobile transactions in countries like India and China are also anticipated to have a substantial impact on the mobile biometrics industry in the region. Smartphone shipments are at an all-time high in China. It is also anticipated to fuel the region's fingerprint sensor market, as nearly all modern smartphones use capacitive or optical fingerprint sensors which are expected to drive the market growth during the analysis period.
Global Fingerprint Sensor Market By Geography, 2022 - 2028
- Largest
- Fastest
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Fingerprint Sensor Market Dynamics
Fingerprint Sensor Market Driver
Extensive use of fingerprint sensors for biometric authentication in consumer electronic devices driving the market growth.
- Growing use of biometric authentication technologies for employee attendance and preventing online and offline scams made it a must-have for smartphones, tablets, PCs, laptops, wearables, etc. Fingerprint, face detection, and iris scanning are integrated with devices to ensure security. Fingerprint sensing technology is being rapidly used in consumer devices like smartphones and tablets because of its popularity and unique qualities, such as the capacity to collect characteristics like ridges, valleys, and tiny points of every individual are some of the major factors propelling the market growth during the analysis period.
Fingerprint Sensor Market Restraint
The increasing use of alternatives like face and iris scanning has restrained market growth.
- Biometric technology offers superior protection due to its ability to use a person's unique identifying characteristics, such as their iris, voice, or face. Therefore, the increasing use of facial recognition and iris scanning in recent years restrain the demand for fingerprint sensors and slow down the market growth during the analysis period.
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Fingerprint Sensor Market Competitive Landscape
The Fingerprint Sensor market is relatively fragmented, with a high level of competition. Few large players, like Qualcomm, Fingerprint Cards AB, and Egis Technology Inc., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.
Fingerprint Sensor Market Top Player’s Company Profiles
- Shenzhen Goodix Technology Co., Ltd.
- Fingerprint Cards AB
- Synaptics Incorporated
- Apple Inc.
- Qualcomm Technologies, Inc.
- IDEX Biometrics ASA
- Egis Technology Inc.
- NEXT Biometrics Group ASA
- FocalTech Systems Co., Ltd.
- CrucialTec
- Vkansee Technology Inc.
- Q Technology (Group) Company Limited
- Silead Inc.
- ELAN Microelectronics Corp.
- Microchip Technology Inc.
- MStar Semiconductor, Inc.
- Oxi Technology Ltd.
- Sonavation, Inc.
- Suprema Inc.
- Touch Biometrix Ltd.
Fingerprint Sensor Market Recent Developments
- In August 2022, Tuya Smart and Goodix announced the development of a GR551x-series Bluetooth Low Energy SoC-based Smart Tag solution that supports Apple's ecosystem.
- In May 2022, Goodix Technology announced the expansion of its product line, as well as notable advances in sensing and networking solutions. Goodix continues to invest extensively in key technologies that drive innovation in IoT applications for a new era of smart connection, by its strategic plan. The launch of the new Bluetooth LE SoC and Time of Flight (ToF) solutions were some major highlights.
Fingerprint Sensor Key Market Trends
- Ultrasonic sensors detect epidermal and dermal skin layers to capture details. These sensors can read moist and injured fingers. Technological advances will boost the ultrasonic fingerprint sensor industry.
- Capacitive sensors are the leading fingerprint sensor size because of their low cost and great user acceptability. smartphones and portable gadgets use small capacitive sensors along with vehicle scanners, and smart locks, which will boost the capacitive fingerprint sensor industry.
- Optical fingerprint sensors account for the second largest share of the fingerprint market. Smartphone makers have started integrating in-display fingerprint sensors as a result of rising consumer demand for such technology. These are some of the major trends driving the fingerprint sensor market growth during the analysis period.
Fingerprint Sensor Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global fingerprint sensor market analysis, biometric sensors in consumer electronics and wearable devices are expected to drive the fingerprint sensor market in the Asia Pacific region. Growing mobile transactions in India and China are also anticipated to have a substantial impact on the mobile biometrics industry in the region. In 2021, the 2D sensor technology accounted for the largest market share of the global fingerprint market and is expected to do so during the analysis period. The 3D fingerprint sensor segment is anticipated to grow at a higher CAGR throughout the forecast period as the most accurate representation of an actual fingerprint is provided by 3D sensors. Qualcomm and Touchless Biometric Systems TBS both provide 3D sensors for access control, attendance management, and other sensitive applications are some of the major factors propelling the market demand throughout the analysis period.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 4.80 billion |
| Market size value in 2031 | USD 15.00 billion |
| Growth Rate | 13.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Fingerprint Sensor Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Fingerprint Sensor Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Fingerprint Sensor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fingerprint Sensor Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Fingerprint Sensor Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Fingerprint Sensor Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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