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Global Fingerprint Sensors Market, Forecast to 2024
Growth of Smartphones in Asia-Pacific Will be the Key Growth Engine for Fingerprint Sensors
11-Feb-2020
Global
Market Research
K41B-01-00-00-00
ES01142-GL-MR_24046
$4,950.00
Special Price $3,712.50 save 25 %
The revenue of the global fingerprint sensors market in 2019 is estimated to be $3,201.7 million and is expected to grow at a CAGR of 16.7% between 2019 and 2024. The Asia-Pacific (APAC) is the biggest region for fingerprint sensors, holding 24.1% of the global revenue. The APAC region is expected to witness the highest CAGR of 19.0% between 2019 and 2024 and will become the biggest revenue contributor by 2024, with 26.6% of the global revenue share. Capacitive fingerprint sensors technology is the biggest sensor type, with revenue of $1,280.7 million in 2019, and will continue to hold a majority of the market revenue during the forecast period. Optical and ultrasonic fingerprint sensors will grow at a CAGR of 16.2% and 17.0%, respectively, between 2019 and 2024, and will contribute significantly to the to the total market by the end of 2024. The government vertical is the biggest revenue contributor, with 34.8% revenue share. The consumer electronics is the second-biggest vertical, holding 29.3% of the total global revenue in 2019. The consumer electronics vertical will have the highest CAGR of 21.6% between 2019 and 2024, and will be the biggest revenue contributor by the end of 2024 for fingerprint sensors.
The fingerprint sensors market is highly competitive, with about 100 participants and top 3 participants holding 31.4% of the market share globally. Manufacturers are consistently coming up with products that can support new applications. Most market participants are into different product and vertical market segments; however, in recent years, the key focus of market participants has been the consumer electronics vertical, especially the smartphones segment. As the market is highly competitive, leading participants, as well as Tier-II companies compete on similar product offerings. Companies that have demonstrated product innovation time and again have been able to stay ahead of their peers in the competitive environment. In addition, market leaders also focus on inorganic growth to expand their product portfolio and customer base.
Key Issues Addressed
- Is the market growing? How long will it continue to grow, and at what rate?
- What are the key geographies and segments that will grow at a fast rate?
- What are the applications that offer high growth opportunities?
- What are the vertical markets that have high demand and offer high growth opportunities?
- What are the emerging market trends?
- Which are the leading vendors, and what is the competitive landscape like?
Author: Nandini Bhattacharya
Key Findings
Market Engineering Measurements
CEO’s Perspective
Market Definitions
Market Definitions (continued)
Key Questions this Study will Answer
Market Segmentation
Market Distribution Channels
Market Drivers
Drivers Explained
Drivers Explained (continued)
Market Restraints
Restraints Explained
Market Engineering Measurements
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Sensor Technology
Revenue Forecast by Sensor Technology
Revenue Forecast Discussion by Sensor Technology
Revenue Forecast Discussion by Sensor Technology (continued)
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Percent Revenue Forecast by Vertical Market
Revenue Forecast by Vertical Market
Revenue Forecast Discussion by Vertical Market
Revenue Forecast Discussion by Vertical Market (continued)
Market Share
Market Share Analysis
Competitive Environment
Top Competitors
Top Competitors (continued)
Top Competitors (continued)
Top Competitors (continued)
Competitive Factors and Assessment
Growth Opportunity—Contactless and Dual-Interface Cards
Strategic Imperatives for Success and Growth
Mega Trend Impact on the Global Fingerprint Sensors Market
Mobile Payments—Mega Trend Explained
Remote ID Verification—Mega Trend Explained
Consumer Electronics Segment Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Government Segment Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Banking and Financial Services Segment Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Healthcare Segment Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Commercial Segment Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Others Segment Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Companies in “Others”
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
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Key Issues Addressed
- Is the market growing How long will it continue to grow, and at what rate
- What are the key geographies and segments that will grow at a fast rate
- What are the applications that offer high growth opportunities
- What are the vertical markets that have high demand and offer high growth opportunities
- What are the emerging market trends
- Which are the leading vendors, and what is the competitive landscape like
Author: Nandini Bhattacharya
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Nandini Bhattacharya |
| Industries | Electronics and Sensors |
| WIP Number | K41B-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 99D5-A1 |