The report "Fingerprint Sensor Market by Technology (Capacitive, Optical, Thermal, Ultrasonic), Type (Touch, Swipe), Application (Consumer Electronics, Banking & Finance, Government & Law Enforcement, Commercial, Smart Homes), and Region-Global Forecast to 2024", is projected to grow from USD 3.5 billion in 2019 to USD 7.1 billion by 2024; it is expected to record a compound annual growth rate (CAGR) of 15.3%.
The emergence of biometric smart cards in BFSI applications and the newest trend of in-display fingerprint sensors in smartphones provide an opportunity for market growth.Browse 107 market data Tables and 45 Figures spread through 173 Pages and in-depth TOC on "Fingerprint Sensor Market -Global Forecast to 2024" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=169519533 Capacitive technology to lead the fingerprint sensor market during the forecast period (2019–2024)Capacitive technology is expected to hold the largest share of the fingerprint sensor market.
This is mainly because of the increasing use of capacitive sensors in devices such as smartphones, laptops, and other consumer electronics devices.
Apart from consumer electronics, capacitive sensors are also being used in new applications such as door locks and start engine operations in automobiles.
Increased security & privacy concerns in laptops, along with the efforts by OEMs to offer wearables with dynamic security features are some of the major factors affecting the growth of the market.
Goodix, Egis Technology, Q Technology, and CrucialTec are among the major players of the fingerprint sensor market in APAC.Shenzhen Goodix Technology Co., Ltd. (China), Fingerprint Cards AB (Sweden), Synaptics Incorporated (US), Apple Inc. (US), Egis Technology Inc. (Taiwan), CrucialTec (South Korea), NEXT Biometrics Group ASA (Norway), Novatek Microelectronics Corp. (Taiwan), Q Technology (Group) Company Limited (China), Qualcomm Technologies, Inc. (US), IDEX Biometrics ASA (Norway), CMOS Sensor Inc. (US), ELAN Microelectronics Corporation (Taiwan), FocalTech (China), id3 Technologies (France), IDEX Biometrics (Norway), Japan Display Inc. (Japan), OXi Technology (China), Sonavation Inc. (US), Touch Biometrix (UK), and Vkansee (US) are among a few major players in the fingerprint sensor market.