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The Fingerprint Sensor Market Size was valued at USD 3.95 billion in 2023, and is expected to reach USD 7.32 billion by 2032 and grow at a CAGR of 7.1% over the forecast period 2024-2032.
Fingerprint sensor is part of a biometric security system that scans a person's fingerprints and is used to verify identity. It takes pictures of vivid fingerprints, converts them into digital code, and saves them as minutiae fingerprints. Fingerprint sensor is fast, reliable, convenient, affordable, and can be seamlessly integrated into a variety of devices. As a result, it finds use in consumer electronics, government and law, aerospace, healthcare, defense, military, banks and any other financial and insurance, as well as tourism and international travel sectors.
KEY DRIVERS:
Increased identity threats leading to the development of fingerprint technologies.
Biometrics system are often used in government and law enforcement applications to improve security.
Widespread usage of fingerprint sensors for biometric identification in consumer electronics.
RESTRAINTS:
Increased use of replacement technology, such face- and iris-scanning.
Threats to the database of biometrics.
OPPORTUNITIES:
IoT-based biometric technology is being adopted more widely.
Biometric smartcards are becoming more common in BFSI applications.
Smartphones with in-display fingerprint sensors are the newest trend.
CHALLENGES:
Use of facial recognition technologies in various applications.
The COVID-19 epidemic has had a small impact on the growth of the fingerprint sensor market. From a regional point of view, the outbreak of COVID-19 has led to a sharp decline in the export-oriented economy due to the temporary closure of manufacturing plants. Aside from the problems related to exports and imports, the growth of the manufacturing industry in Germany was hampered by the closure of the manufacturing industry and the decline in production to accommodate the distribution of COVID-19. Due to the closure, major smartphone companies such as Samsung, Oppo, Vivo, and Xiaomi, had suspended production of smartphones for more than 30 days. As Lockdown closure limits are narrowing in various APAC countries, the fingerprint sensor market is expected to gain momentum in the next two segments. Consumer electronics, including products such as smartphones and smart homes, have become a luxury and a great necessity. This segment, which includes apparels, laptops, desktops, and other electronic devices, has had an impact, as production has slowed down due to disruptions in the global supply chain, including China, the largest OEMs base in the region. From a consumer standpoint, there is an increase in the use of smartphones and other technology, which promotes the expansion of the fingerprint industry.
Based on Type, the fingerprint market is segmented into Swipe Sensors and Area and Touch Sensors. Area and touch sensors are widely used in consumer electronics as these sensors offer a high level of accuracy and precision, thus capturing a large market share. Touch sensors are becoming smaller and more expensive and easier to use. OEMs prefer these sensors over swipe sensors, especially to mobile devices that require smaller sensors to gain integrated products as they are popular with end users in the market.
Based on Technology, the fingerprint market is segmented into Optical, Ultrasonic, Capacitive and Thermal. Ultrasonic sensors read the epidermal skin layer and skin membrane, capturing fine details. Therefore, these sensors can read wet fingers and toes with broken skin or damaged skin. Advances in sensor technology are expected to accelerate the growth of the ultrasonic finger sensor market
Based on Sensor Technology, the fingerprint market is segmented into 2D and 3D.
The market for 2D sensor technology is expected to reach high valuation. 2D sensor technology well suited to perform various detection and operations. Technology is always the preferred choice for OEMs because of its low cost, especially for mobile devices that require less sensors, to produce smaller products that are preferred by end users in the market. However, the 3D fingerprint market is expected to grow at a higher CAGR at the time of forecasting. 3D data provides the most accurate representation of real fingerprints.
Based on Application, the fingerprint market is segmented into Travel and Immigration, Commercial, Automotive, Healthcare, Consumer Electronics, Government and Law Enforcement, Banking & Finance, Smart Homes, Military, Defense, and Aerospace and Others. The consumer electronics application is likely to face a huge market size of fingerprint sensors in the coming years mainly due to the increasing demand for these sensors in consumer devices such as smartphones, tablets, laptops, and notebooks. Consumer IoT devices are expected to provide market opportunities during forecasting.
APAC dominates the fingerprint sensor market mainly because consumer electronics are an important application for fingerprint sensors, and APAC is a major consumer electronics market. Key APAC countries include China, Japan, India, and South Korea. The great need for fingerprint sensors is driven by OEMs based in China and South Korea. The major smartphone manufacturers in China include Huawei, Xiaomi, Oppo, and Vivo, while Samsung, based in South Korea, is one of the leaders in the smartphone market, accelerating the growth of the fingerprint market at APAC. Other critical applications for receiving fingerprint sensors at APAC include banking and finance, government and law enforcement, and migration.
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The key players in the fingerprint sensor market are Shenzhen Goodix Technology, Synaptics Incorporated, Apple, NEC Corporation, IDEX Biometrics ASA, Fingerprint Cards, Qualcomm Technologies, Thales Group, IDEMIA, HID Global Corporation & Other Players.
| Report Attributes | Details |
| Market Size in 2023 | USD 3.95 billion |
| Market Size in 2032 | USD 7.32 billion |
| CAGR | CAGR of 7.1% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Swipe Sensors, Area and Touch Sensors) • By Product (Attendance Recording System, Biometric Smartcards, Authentication System in Smart Device, Access Control Systems, Others) • By Technology (Optical, Ultrasonic, Capacitive, Thermal) By Sensor Technology (2D, 3D) • By Application (Travel and Immigration, Commercial, Automotive, Healthcare, Consumer Electronics, Government and Law Enforcement, Banking & Finance, Smart Homes, Military, Defense, And Aerospace, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Shenzhen Goodix Technology, Synaptics Incorporated, Apple, NEC Corporation, IDEX Biometrics ASA, Fingerprint Cards, Qualcomm Technologies, Thales Group, IDEMIA, HID Global Corporation |
| Key Drivers | • Increased identity threats leading to the development of fingerprint technologies. • Biometrics are often used in government and law enforcement applications to improve security. |
| Market Restraints | • Increased use of replacement technology, such face- and iris-scanning. • Threats to the database of biometrics. |
The Fingerprint Sensor Market will be valued at USD 7.32 billion by 2032.
IoT-based biometric technology is being adopted more widely, Biometric smartcards are becoming more common in BFSI applications, and Smartphones with in-display fingerprint sensors are the newest trend.
The COVID-19 epidemic has had a small impact on the growth of the fingerprint sensor market. From a regional point of view, the outbreak of COVID-19 has led to a sharp decline in the export-oriented economy due to the temporary closure of manufacturing plants.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Fingerprint Sensor Market Segmentation, By Type
8.1Introduction
8.2 Swipe Sensors
8.3 Area and Touch Sensors
9. Fingerprint Sensor Market Segmentation, By Product
9.1Introduction
9.2 Attendance recording system
9.3 Biometric Smartcards
9.4 Authentication system in smart device
9.5 Access Control Systems
9.6 Others
10. Fingerprint Sensor Market Segmentation, By Technology
10.1 Introduction
10.2 Optical
10.3 Ultrasonic
10.4 Capacitive
10.5 Thermal
11. Fingerprint Sensor Market Segmentation, By Sensor Technology
11.1 Introduction
11.2 2D
11.3 3D
12. Fingerprint Sensor Market Segmentation, By Application
12.1 Introduction
12.2 Travel and Immigration
12.3 Commercial
12.4 Automotive
12.5 Healthcare
12.6 Consumer Electronics
12.7 Government and Law Enforcement
12.8 Banking & Finance
12.9 Smart Homes
12.10 Military, Defense, and Aerospace
12.11 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14.Company Profiles
14.1 IDEMIA
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Shenzhen Goodix Technology
14.3 Synaptics Incorporated
14.4 Apple
14.5 NEC Corporation
14.6 IDEX Biometrics ASA
14.7 Fingerprint Cards
14.8 Qualcomm Technologies
14.9 Thales Group
14.10 HID Global Corporation
14.11 Other
15.Competitive Landscape
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
16.Conclusion
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By Type
Swipe Sensors
Area and Touch Sensors
By Products
Attendance recording system
Biometric Smartcards
Authentication system in smart device
Access Control Systems
Others
By Technology
Optical
Ultrasonic
Capacitive
Thermal
By Sensor Technology
2D
3D
By Application
Travel and Immigration
Commercial
Automotive
Healthcare
Consumer Electronics
Government and Law Enforcement
Banking & Finance
Smart Homes
Military, Defense, and Aerospace
Others
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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