Fingerprint Sensors Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2020- 2027
The Global Fingerprint Sensors Market is forecasted to be worth USD 10.36 billion by 2027, according to a current analysis by Emergen Research. The globally-disrupting incidence has impacted nearly every aspect of this business domain. Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market. Fingerprint Sensors Market Size – USD 3.46 billion in 2019, Market Growth – CAGR of 14.6%, Market Trends – Higher usage of under-display ultrasonic fingerprint sensors in smartphones. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. Information about profit-making strategies and developmental strategies of major companies and manufacturers. Strategic recommendations to established players as well as new entrants. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. Smartphone manufacturers have been investing enormously in the research & development of various types of fingerprint biometric techniques and implementing those in smartphones & tablets.
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In June 2020, TCL and China Star Optoelectronics Technology Co., Ltd (CSOT) revealed their recent development of a new full-screen single-point in-display fingerprint technology for the LCD screens. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027.The increasing number of security breaches and extensive rise in the adoption of fingerprint biometric systems in smartphones & IoT devices are the major factors influencing the market growth. Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Extensive growth in the smartphone usage and higher requirement of effortless & quick biometric security in smartphone and tablet devices have been a substantial impulsive factor behind the growth of this market growth .A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
Key players in the market Honeywell Commercial Security, Axis Communications, Bosch Security and Safety Systems, FLIR Systems, Panasonic i-PRO Sensing Solutions, NEC, Nice Systems, Huawei Technologies, Hanwha Techwin, and CP Plus, among others.
Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Industry Vertical Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Government & Defense
Banking, Financial services, and Insurance (BFSI)
IT & Telecommunication
Retail and E-commerce
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Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
System Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Unimodal Biometric Systems
Multimodal Biometric Systems
Global Fingerprint Sensors Market Report – Table of Contents:
Chapter 1 includes the global Fingerprint Sensors market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Fingerprint Sensors market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Fingerprint Sensors market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Fingerprint Sensors industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
The research provides answers to the following key questions:
What will be the estimated size of the FINGERPRINT SENSORS market during the forecast period 2020 to 2027?
What will be the market share and growth rate of the FINGERPRINT SENSORS industry during the estimated period?
Who are prominent market players in the FINGERPRINT SENSORS market? How have they managed to stay ahead in the competition?
What are the future prospects of the industry in the coming years?
What are the key driving forces impacting the development rate of the FINGERPRINT SENSORS market across different regions?
Which factors are restricting the growth of the FINGERPRINT SENSORS market worldwide?
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