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Press Release:

Global Fingerprint Sensors Market to Reach US$ 12.4 Billion by 2027, Bolstered by Increasing Integration in Smart Devices

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Fingerprint Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global fingerprint sensor market reached a value of US$ 5.15 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.4 Billion by 2027, exhibiting at a CAGR of 16.42% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A fingerprint sensor is a component of the biometric security system that scans an individual’s fingerprints, which are then used to authenticate their identity. It captures high contrast fingerprint images and converts them into digital code and stores as fingerprint minutiae. The fingerprint sensor is fast, reliable, convenient, cost-effective and can be seamlessly integrated into different devices. As a result, it finds application in the consumer electronics, government and law enforcement, aerospace, healthcare, defense and military, and banking, financial services and insurance (BFSI), travel and immigration sectors across the globe.

The increasing instances of security breaches in various industries are driving the sales of fingerprint sensors. These devices are employed to strengthen the authentication process and provide secure access control to numerous facilities and IT systems. Apart from this, these sensors are gaining widespread adoption in digitizing time and attendance systems in corporate and government organizations worldwide. Furthermore, due to the growing trend of automation, fingerprint sensors are extensively being integrated into smartphones, wearables and modern vehicles to launch engine operations and unlock phones, applications and door locks. Besides this, the leading market players are incorporating advanced technologies, such as artificial intelligence (AI), to increase the accuracy of the authentication process and provide a personalized user experience, which, in turn, is strengthening the market growth. However, the market is negatively impacted by the sudden outbreak of the coronavirus disease (COVID-19) and the consequent lockdowns declared by the governing agencies of different countries. The market is anticipated to revive once normalcy is regained.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global fingerprint sensor market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology and application.

Breakup by Type:

  • Area and Touch Sensors
  • Swipe Sensors
     

Breakup by Technology:

  • Capacitive
  • Optical
  • Thermal
  • Others
     

Breakup by Application:

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

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 3M Cogent Inc., Anviz Global Inc., Apple Inc., BIO-Key International Inc., Egis Technology Inc, Fingerprint Cards AB, IDEMIA (Advent International Corporation), Idex Biometrics ASA, M2SYS Technology, Next Biometrics Group ASA, NEC Corporation, Qualcomm Technologies Inc., Shenzhen Goodix Technology Co. Ltd., Sonavation Inc., Synaptics Incorporated and Vkansee Technology Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Technology, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 3M Cogent Inc., Anviz Global Inc., Apple Inc., BIO-Key International Inc., Egis Technology Inc, Fingerprint Cards AB, IDEMIA (Advent International Corporation), Idex Biometrics ASA, M2SYS Technology, Next Biometrics Group ASA, NEC Corporation, Qualcomm Technologies Inc., Shenzhen Goodix Technology Co. Ltd., Sonavation Inc., Synaptics Incorporated and Vkansee Technology Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Fingerprint Sensor Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type
    6.1    Area and Touch Sensors
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Swipe Sensors
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Technology
    7.1    Capacitive
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Optical
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Thermal
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Application
    8.1    Consumer Electronics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Government and Law Enforcement
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Military, Defense and Aerospace
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Travel and Immigration
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Banking and Finance
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6   Healthcare
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7   Smart Homes
        8.7.1 Market Trends
        8.7.2 Market Forecast
    8.8   Others
        8.8.1 Market Trends
        8.8.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    3M Cogent Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Anviz Global Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
        14.3.3    Apple Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    BIO-Key International Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
           14.3.4.3 Financials
        14.3.5    Egis Technology Inc
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
           14.3.5.3 Financials
        14.3.6    Fingerprint Cards AB
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 Financials 
        14.3.7    IDEMIA (Advent International Corporation)
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
           14.3.7.3 Financials 
        14.3.8    Idex Biometrics ASA
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
           14.3.8.3 Financials 
        14.3.9    M2SYS Technology
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
           14.3.9.3 Financials 
        14.3.10    Next Biometrics Group ASA
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    NEC Corporation
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio 
        14.3.12    Qualcomm Technologies Inc.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio 
        14.3.13    Shenzhen Goodix Technology Co. Ltd.
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio
           14.3.13.3 Financials 
        14.3.14    Sonavation Inc.
           14.3.14.1 Company Overview
           14.3.14.2 Product Portfolio 
        14.3.15    Synaptics Incorporated
           14.3.15.1 Company Overview
           14.3.15.2 Product Portfolio 
           14.3.15.3 Financials 
        14.3.16    Vkansee Technology Inc.
           14.3.16.1 Company Overview
           14.3.16.2 Product Portfolio 

List of Figures

Figure 1: Global: Fingerprint Sensor Market: Major Drivers and Challenges
Figure 2: Global: Fingerprint Sensor Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Fingerprint Sensor Market: Breakup by Type (in %), 2021
Figure 4: Global: Fingerprint Sensor Market: Breakup by Technology (in %), 2021
Figure 5: Global: Fingerprint Sensor Market: Breakup by Application (in %), 2021
Figure 6: Global: Fingerprint Sensor Market: Breakup by Region (in %), 2021
Figure 7: Global: Fingerprint Sensor Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Fingerprint Sensor (Area and Touch Sensors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Fingerprint Sensor (Area and Touch Sensors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Fingerprint Sensor (Swipe Sensors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Fingerprint Sensor (Swipe Sensors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Fingerprint Sensor (Capacitive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Fingerprint Sensor (Capacitive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Fingerprint Sensor (Optical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Fingerprint Sensor (Optical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Fingerprint Sensor (Thermal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Fingerprint Sensor (Thermal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Fingerprint Sensor (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Fingerprint Sensor (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Fingerprint Sensor (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Fingerprint Sensor (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Fingerprint Sensor (Government and Law Enforcement) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Fingerprint Sensor (Government and Law Enforcement) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Fingerprint Sensor (Military, Defense and Aerospace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Fingerprint Sensor (Military, Defense and Aerospace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Fingerprint Sensor (Travel and Immigration) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Fingerprint Sensor (Travel and Immigration) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Fingerprint Sensor (Banking and Finance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Fingerprint Sensor (Banking and Finance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Fingerprint Sensor (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Fingerprint Sensor (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Fingerprint Sensor (Smart Homes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Fingerprint Sensor (Smart Homes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Fingerprint Sensor (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Fingerprint Sensor (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia Pacific: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia Pacific: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Fingerprint Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Fingerprint Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Global: Fingerprint Sensor Industry: SWOT Analysis
Figure 85: Global: Fingerprint Sensor Industry: Value Chain Analysis
Figure 86: Global: Fingerprint Sensor Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Fingerprint Sensor Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Fingerprint Sensor Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Fingerprint Sensor Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Fingerprint Sensor Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Fingerprint Sensor Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Fingerprint Sensor Market Structure
Table 7: Global: Fingerprint Sensor Market: Key Players    

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Key Questions Answered in This Report

The global fingerprint sensor market was valued at US$ 5.15 Billion in 2021.

Sudden outbreak of the COVID-19 pandemic had led to a rising shift from fingerprint sensors towards iris- or voice-based authentication devices to mitigate the risk of coronavirus infection via hands, thereby negatively impacting the overall market growth.

We expect the global fingerprint sensor market to exhibit a CAGR of 16.42% during 2022-2027.

The extensive integration of single sign-in system through fingerprint sensors into smartphones, wearables, modern vehicles, etc., is currently driving the global fingerprint sensor market.

Based on the type, the market has been bifurcated into area and touch sensors, and swipe sensors. Currently, area and touch sensors hold the majority of the total market share.

Based on the technology, the market has been segmented into capacitive, optical, thermal, and others. Among these, capacitive technology currently represents the largest segment.

On a regional level, the market has been segmented into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

The key companies in the global fingerprint sensor market are 3M Cogent Inc., Anviz Global Inc., Apple Inc., BIO-Key International Inc., Egis Technology Inc, Fingerprint Cards AB, IDEMIA (Advent International Corporation), Idex Biometrics ASA, M2SYS Technology, Next Biometrics Group ASA, NEC Corporation, Qualcomm Technologies Inc., Shenzhen Goodix Technology Co. Ltd., Sonavation Inc., Synaptics Incorporated, and Vkansee Technology Inc.

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