According to a new report, published by KBV research, The Global Fingerprint Sensor Market size is expected to reach $10.7 billion by 2030, rising at a market growth of 13.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,21,697.5 thousand units, experiencing a growth of 13.2% (2019-2022).
The Consumer Electronics segment is leading the Global Fingerprint Sensor Market, by Vertical in 2022; thereby, achieving a market value of $3.1 billion by 2030. Fingerprint sensors are a standard feature in modern smartphones, allowing users to unlock their devices securely and conveniently. Fingerprint sensors are crucial in securing mobile payment transactions, providing an additional layer of authentication for financial transactions using smartphones. Fingerprint sensors integrated into laptops and personal computers provide a secure and convenient method for users to log in to their devices without the need for passwords or PINs. Fingerprint sensors contribute to user account security on gaming consoles, preventing unauthorized access to gaming profiles and content.
The Thermal segment is exhibiting a CAGR of 13.5% during (2023 - 2030). Thermal fingerprint sensors capture the unique heat patterns of a fingerprint, enhancing accuracy and reliability in user authentication. Thermal sensors operate contactless, eliminating the need for direct physical contact with the sensor surface. This feature is particularly relevant in environments where hygiene is a priority. Thermal sensors often include live detection features, distinguishing between live fingers and fake replicas. This strengthens the authentication process's security layer. Advanced thermal sensors incorporate anti-spoofing algorithms to detect and prevent various spoofing attempts, ensuring the fingerprint's authenticity.
Full Report: https://www.kbvresearch.com/fingerprint-sensor-market/
The Asia Pacific region dominated the Global Fingerprint Sensor Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.2 billion by 2030. The Europe region is experiencing a CAGR of 12.7% during (2023 - 2030). Additionally, The North America region would exhibit to witness a CAGR of 12.5% during (2023 - 2030).
By Technology (Volume, Thousand Units, USD billion, 2019-2030)
By Vertical (Volume, Thousand Units, USD billion, 2019-2030)
By Geography (Volume, Thousand Units, USD billion, 2019-2030)
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