The Europe Fingerprint Sensor Market would witness market growth of 12.7 % CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 18,513.1 thousand units, showcasing a growth of 12.9 % (2019-2022).
Fingerprint sensors are integrated into government-issued documents like passports and national ID cards. This use enhances the security of these documents and aids in identity verification at borders and checkpoints. Fingerprint sensors are commonly integrated into laptops and personal computers for user authentication. This application enhances the security of personal and professional data, offering a more convenient alternative to traditional password-based systems. In the automotive industry, fingerprint sensors are used for keyless entry and ignition systems. This application enhances vehicle security, providing a seamless and secure way for owners to access their vehicles.
Fingerprint sensors find applications in smart home devices, including smart door locks and security systems. Homeowners can use fingerprint authentication to control access to their homes, ensuring that only authorized individuals can enter. Educational institutions utilize fingerprint sensors for access control and attendance tracking. This technology enhances the security of school premises and simplifies monitoring student attendance. Fingerprint sensors are integrated into industrial equipment and Internet of Things (IoT) devices to ensure secure access and data protection. This use is particularly relevant in industrial settings where sensitive machinery and data need to be safeguarded.
German’s value secure banking practices, driving the adoption of fingerprint sensor technology in the financial sector. Germany places a strong emphasis on data security and privacy. Fingerprint sensors, a secure biometric authentication method, align well with the country's commitment to protecting sensitive information. The widespread use of smartphones in Germany contributes to the adoption of fingerprint sensor technology. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Fingerprint Sensor Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $605.3 Million by 2030. The UK market is exhibiting a CAGR of 11.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 13.6% during (2023 - 2030).
Free Valuable Insights: The Global Fingerprint Sensor Market will Hit $10.7 Billion by 2030, at a CAGR of 13.2%
Based on Technology, the market is segmented into Capacitive, Thermal, Optical, and Others. Based on Vertical, the market is segmented into Consumer Electronics, Government & Defense, BFSI, Healthcare, Commercial Security, Smart Homes, Travel & Immigration, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Technology (Volume, Thousand Units, USD billion, 2019-2030)
By Vertical (Volume, Thousand Units, USD billion, 2019-2030)
By Country (Volume, Thousand Units, USD billion, 2019-2030)
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