The report “Global Fingerprint Sensor Market: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook.
Fingerprint sensor is an electronic device which scans and records a digital print of a person’s finger. The recorded image, called Live Scan, is digitally processed to create a biometric template. Later on, the biometric template is stored for identification of the person whose fingerprint had been taken. Fingerprint scanners are used as security systems of biometrics.
The report profiles the key players of the market including Synaptics Incorporated, Fingerprint Cards AB, IDEX ASA and Next Biometrics ASA.
The report discusses the major growth drivers and challenges of the market, covering the North America and Europe region along with the global market.
Fingerprint scanners were formerly limited to companies, forensic labs and security forces, but with the changing world of technologies, these scanners have covered a vast application area such as smart phones, smart cards, computers, etc. Today, these scanners are widely used in smart phones.
A fingerprint sensor has various advantages over the traditional methods of identification. These sensors provide a higher level of security to the devices, offices or wherever these are being used.
In terms of applications, the global fingerprint sensor market experienced a high growth in Smartphone market in the recent years. And it is expected that in the coming years, fingerprint sensors would experience a high penetration rate in smart card and IoT markets as well.
Regionally, North America is the largest shareholder of global fingerprint sensor market, supported by increasing technological innovations and rising terrorist activities. However, Europe is likely to experience a strong growth due to increasing penetration of smart phones in this region.
The global fingerprint sensor market is expected to grow in future due to increasing shipments of smartphones, increasing disposable income, growing market of smart homes, rapid urbanization, rising IoT market, growing demand in mobile payment transactions and mounting shipments of smart cards.
Key trends of this market include decreasing ASP of fingerprint sensors and smartphones and emerging fingerprint sensing technologies. However, there are some factors which can hinder the market growth including threat from iris recognition market.
Report Scope and Coverage:
- Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis.
- Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market.
- The report explores the potential demand of the Fingerprint Sensor market.
- Porter analysis identifies competitive forces within the market.
There are 6 Chapters to deeply display the Global Fingerprint Sensor market.
Chapter 1 Introduction
Chapter 2 Global Market Analysis
Chapter 3 Regional Market Analysis
Chapter 4 Market Dynamics
Chapter 5 Competitive Landscape
Chapter 6 Company Profiles
Explore More About:
- Key Highlights of the Fingerprint Sensor Market Report.
- The key details related to Fingerprint Sensor industry like the product definition, cost, variety of applications, demand and supply statistics are covered in this report.
- Competitive study of the major Fingerprint Sensor players will help all the market players in analyzing the latest trends and business strategies.
- The study of emerging Fingerprint Sensor market segments and the existing market segments will help the readers in planning the business strategies.
- Figure Global Production Market Share of Fingerprint Sensor by Types and by Applications in 2017.
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