Global Fingerprint Sensors Market, Forecast to 2024

Global Fingerprint Sensors Market, Forecast to 2024

Growth of Smartphones in Asia-Pacific Will be the Key Growth Engine for Fingerprint Sensors

RELEASE DATE
11-Feb-2020
REGION
Global
Research Code: K41B-01-00-00-00
SKU: ES01142-GL-MR_24046

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Description

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

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
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Table of Contents

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)

Related Research
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.--BEGIN PROMO--

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

More Information
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