3 Key Insights on US$ 9 Bn Opportunity in the Global Fingerprint Sensor Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Driven by the rising adoption of biometric fingerprint scanners for accurate identification, faster access, and higher security, the Global Fingerprint Sensor Market is forecasted to cross ~US$ 9 Bn by 2028 says Ken Research Study Fingerprint sensing is one of the prominent access control methods which has gained immense popularity in recent times. The fingerprint sensor belongs to the family of sensors that are used in a fingerprint detection device for authentication and recognition. These sensors are mainly inbuilt into a fingerprint detection module and it is used for the safety of personal computing devices, access, and data. The major features of fingerprint sensors include better performance, accuracy, and validity based on absolute fingerprint biometric technology. According to Ken Research estimates, the Global Fingerprint Sensor Market – which was valued at US$ ~3 Bn in 2017, is estimated to reach the US $5 Bn in 2022 – and is expected to grow further into a more than US$ 9 Bn opportunity by 2028. Ken Research shares 3 key insights on this high opportunity market from its latest research study. 1. Global Fingerprint Sensor Industry has Seen Stable Growth Owing to an Increase in the Adoption of Biometric Fingerprint Sensors across the Globe The Global Fingerprint Sensor Market is expected to witness stable growth during the forecast period 2022-2028 primarily due rising adoption of biometric fingerprint scanners for accurate identification, faster access, and higher security. Furthermore, post the COVID-19 pandemic, the Fingerprint Sensor Market gained pace due to increased penetration of smartphones which created better opportunities for new entrants as well as established players in the studied market. Fingerprint sensors have been serving as a primary security phase in smartphones. Even though iris scanners and facial recognition sensors are taking up the pace, their higher cost encourages various enterprises to stick to fingerprint sensing only. Moreover, in certain cases, facial recognition has proven more vulnerable than fingerprint sensing. 2. The Rising Adoption of Smartphones is Driving the Fingerprint Sensor Market The earliest application of fingerprint sensors in smartphones was by Toshiba in 2011. The adoption of Smartphones is expected to increase to 85% by 2025 from 81% in 2021 according to Global System for Mobile Communications Association (GSMA) which is expected to create more opportunities in the studied market. In 2021, Fingerprint Cards AB launched FPC1553, which is the company’s third-generation slim, side-mounted capacitive touch sensor. This is fused in the Honor X40i, Moto g32, and Vivo Y77 smartphones. The FPC1553 is the latest output of their continuous development in the capacitive segment of fingerprint sensors for smartphones. Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDUz With fingerprint scanners, various banking and government-based mobile applications allow transactions via mobile phone only by authenticating fingerprints. For instance, the Federal Bureau of Investigation (FBI) depends on its partnerships with tribal, state, local, and federal agencies to collaborate on the development of important programs such as the Next Generation Identification (NGI) systems and the National Crime Information Center (NCIC). 3. High Cost Involved in the Development of Biometric Sensors is Affecting the Fingerprint Sensor Market’s growth The growth of the fingerprint sensor market is hampered by several factors that include cost and substitute products. Although fingerprint sensors are used as a primary authentication device in various banking and government facilities, the high cost that is involved in the development of various biometric sensors is challenging to afford for everyone and hence it affects the market demand globally. The high production cost of raw materials is another important factor that prevents the market growth of the fingerprint Sensors Market Globally. According to Bayometric, a global supplier of fingerprint scanners, single sign-on solutions, and access control systems, on average, fingerprint readers/sensors are priced anywhere from $50-$2,500 each depending on the certifications, brand, type of sensor, etc For more information on the research report, refer to the below link:- Global Fingerprint Sensor Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Tags: Access Control Solution Providers, Apple Inc.Touch ID fingerprint sensor Device Market, Asia Pacific Fingerprint Sensor Forecast, Biometric Fingerprint Scanner Market, Capacitive Fingerprint Sensor Market, Challenges in Growth of Fingerprint Sensor Market, Competitors in Fingerprint Sensor Market, Consumer Electronics Fingerprint Sensor Market, Demand for Fingerprint Sensor technology, Egis Technology U2F Authenticator Application Segment, Emerging Companies in Fingerprint Sensor Market, Europe Fingerprint Sensor Market Revenue, Fingerprint Cards AB PCs Biometric Application Market, Fingerprint Readers Market, Fingerprint Scanners Market, Fingerprint Security Market, fingerprint sensor Application, fingerprint sensor Device Manufacturers, Fingerprint Sensor End-User Industries, Fingerprint Sensor Market Trends, Fingerprint Sensor Products Market, Fingerprint Sensor Providers, Fingerprint Sensor Raw Material Suppliers, Global biometrics sensors Market, Global Fingerprint Display Manufacturers, Global Fingerprint Sensor Industry, Global Fingerprint sensor market, Global Fingerprint Sensor Sector, Goodix Capacitive Fingerprint Sensor Market, Idemia Biometric Tablet Market share, In-Display Fingerprint Sensor Market, IoT Fingerprint Sensor Market, Laptops Fingerprint Sensor Market, Latin America Fingerprint Sensor Forecast, Latin America Fingerprint Sensor Revenue, Leading Players in Fingerprint Sensor Market, Middle East Fingerprint Sensor Market Revenue, Military Fingerprint Sensor Market, North America Fingerprint Sensor Market, Opportunities in Fingerprint Sensor Market, Optical Fingerprint Sensor Market, Optical Lens and Glass Manufacturers, PCB Designers and Manufacturers, Qualcomm Fingerprint Sensor Market Revenue, Smartcards Fingerprint Sensor Market, Smartphone Fingerprint Technology, Smartphones Fingerprint Sensor Market, Synaptics fingerprint sensors Market Share, Thermal Fingerprint Sensor Market, Top Fingerprint Sensor Companies, Top Sensor Manufacturing Companies, Touch Biometrix Bioemeric Cards Market, Travel and Immigration Fingerprint Sensor Market, Ultrasonic Fingerprint Sensor Market, Worldwide Fingerprint Sensor Market