Emergen Research’s latest document, titled ‘Global Fingerprint Sensors Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Fingerprint Sensors market. The report’s authors have offered necessary details on the latest Fingerprint Sensors market trends and the crucial parameters impacting both short-term and long-term market growth.
The Global Fingerprint Sensors Market is forecasted to be worth USD 10.36 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of in-display and capacitive fingerprint in smartphones & other IoT devices owing to its more accurate personal identification, reduced risks of security breaches, and huge overall growth of the IoT device industry.
Extensive growth in the smartphone usage and higher requirement of effortless & quick biometric security in smartphone and tablet devices have been a substantial impulsive factor behind the growth of this market growth. Smartphone manufacturers have been investing enormously in the research & development of various types of fingerprint biometric techniques and implementing those in smartphones & tablets.
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Global Fingerprint Sensors Market – Overview:
The latest market intelligence report, titled ‘Global Fingerprint Sensors Market’, is intended to provide the target audience with the necessary information about the global Fingerprint Sensors industry. The report comprises a detailed analysis of the vital elements of the Fingerprint Sensors market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects.
Key Highlights From The Report.
- In June 2020, TCL and China Star Optoelectronics Technology Co., Ltd (CSOT) revealed their recent development of a new full-screen single-point in-display fingerprint technology for the LCD screens. This new fingerprint sensor is also said to have an ultra-high fingerprint recognition rate that is supposed to reach the level offered by the existing OLED displays with under-display fingerprint sensors and even could have the potential to surpass it.
- The ultrasonic fingerprint recognition sub-segment is growing with the fastest growth rate of 19.2% during the projected period with an extensive implementation in the smartphone industry owing to higher accuracy & precision in a sonic-pulse wave-based three-dimensional fingerprint image sensing system.
- The developing regions including China, India, Vietnam, Taiwan, and South Korea in the Asia Pacific are experiencing a rapid development in the smartphone & electronic devices and growing incidences of security threats, and a huge concern for the personal authentication along with a higher economic development in the developing countries deliberately help propel the market enforcement.
Highlights of the TOC:
1. Report Overview
1.1 Research Scope
1.2 Key Fingerprint Sensors market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Fingerprint Sensors market size
2.2 Latest Fingerprint Sensors market trends
2.3 Key growth trends
3. Competitive Landscape
3.1 Global Fingerprint Sensors market key players
3.2 Global Fingerprint Sensors size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Fingerprint Sensors market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key questions addressed in the report:
- What are the key factors driving the global Fingerprint Sensors market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Fingerprint Sensors market?
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