Global Optical Fingerprint Sensor Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
Some of the key players in the optical fingerprint sensor market; Synaptics Incorporated (U.S.), BioEnable Technologies Pvt. Ltd. (India), Vkansee (China), Bayometric (U.S.), Shenazhen CAMA Biometrics Co.Ltd (China), SecuGen Corporation (U.S.), VocalZoom (Israel), Fingerprint Cards AB (Sweden), Bio Key International Inc (U.S.), Securlinx Integration Software (U.S.), Aware Inc (U.S.) among others. The key vendors constantly keep innovating and adopting new technology by investing more in research and development to produce a cost effective portfolio.
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A fingerprint sensor is an electronic device which converts the fingerprint pattern into a digital image by identifying the valleys and ridges in the fingerprint. Fingerprint sensors are usually categorized into optical, capacitive, thermal, Piezo electrical, ultrasonic types. Optical finger print sensor is the one that captures the digital image of the fingerprint by emitting the light from light emitting diodes, directed by the lens towards CMOS optical imagers, which detects the unique pattern and matches it with the registered pattern. The advantage of optical fingerprint sensor is its ruggedness, which allows it to be used frequently in public places. However, this also adds a potential threat, as the outer skin which can be easily overridden by the image of fingerprint which can be detected by the fingerprint reader at a distance. The optical fingerprint sensor, however show a good usage in the future of smartphones due to advancement in display technology and growing trend of bezel less displays, encouraging the smartphone manufacturers to use optical fingerprint sensor under the display. The segmentation of global optical fingerprint sensor is done under components, technology, application and region.
The global optical fingerprint sensor market is expected to reach USD 1 billion by 2023, with a CAGR of 12%.
- Storage providers
- Optical lens providers
- Telecom operators
- Research firms
- Electronic component industries
- Healthcare firms
- government agencies
- Military and defense
- IT enablers
- Database solutions providers
The regional analysis covers the geographical regions namely North America, Europe, Asia Pacific and rest of the world. Among these regions, Asia Pacific is leading the market for optical fingerprint sensors. This growth can be attributed to the huge presence of semiconductor and electronic component manufacturing industry located in China, Taiwan, Japan and South Korea. The APAC region, being led by two developing nations, India and China, is adopting the fingerprint sensors across various applications, thus witnessing the fastest growth. Also the advancement in smartphone technology is encouraging the smartphone manufacturers to adopt new technology. North America was an early adopter of fingerprint sensors and has become an established and strong market due to the presence of some of the large vendors of fingerprint sensors. North America follows Asia Pacific, as this region is technologically advanced. The growth of this region also attributes to factor like higher sales of top-end smartphones and tablets, and emerging applications in countries like the U.S and Canada. However, Europe tends to be a mature market for optical fingerprint sensors. The rest of the world segment lags other regions in this market as the penetration of smartphones (major consumer of fingerprint sensor) with fingerprint scanner is limited. Further, the commercial security and government usage is not much for the optical fingerprint sensors.
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
List of Tables
Table 1 Optical Fingerprint Sensor Market, by Component
Table 2 Optical Fingerprint Sensor Market, by Technology
Table 3 Optical Fingerprint Sensor Market, by Application
Table 4 Optical Fingerprint Sensor Market, by Region
Table 5 North America Optical Fingerprint Sensor Market, by Component
Table 6 North America Optical Fingerprint Sensor Market, by Technology
Table 7 North America Optical Fingerprint Sensor Market, by Application
List of Figures
Figure 1 Research Bot Component
Figure 2 Optical Fingerprint Sensor Market, by Component (%)
Figure 3 Optical Fingerprint Sensor Market, by Technology (%)
Figure 4 Optical Fingerprint Sensor Market, by Application (%)
Figure 5 Optical Fingerprint Sensor Market, by Region (%)
Figure 6 North America Optical Fingerprint Sensor Market, by Component (%)
Figure 7 North America Optical Fingerprint Sensor Market, by Technology (%)
Figure 8 North America Optical Fingerprint Sensor Market, by Application (%)
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