Fingerprint Sensor Market Worth $14.35 Billion by 2020

[350 Pages Report] Fingerprint Sensors Market categorizes global market by Type (Swipe And Area), Material (Optical Prism, Pizeoelectric, Capacitive, and Adhesives), Application, and Geography

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Dallas, TX -- (SBWire) -- 09/22/2014 --According to the new market research report, "Fingerprint Sensors Market by Type (Swipe And Area), Material (Optical Prism, Pizeoelectric, Capacitive,and Adhesives), Application (Mobile Devices, Government, Defense, Healthcare, Commercial Security and Banking & Finance), and Geography - Global Trends & Forecasts to 2014 - 2020", the global fingerprint sensor market is projected to cross $14.35 Billion by 2020, growing at a high CAGR of 16.8% from 2014 to 2020.

Browse more than 190 market data tables and 108 figures spread through 502 pages and in-depth TOC on "Fingerprint Sensors Market by Type (Swipe And Area), Material (Optical Prism, Pizeoelectric, Capacitive,and Adhesives), Application (Mobile Devices, Government, Defense, Healthcare, Commercial Security and Banking & Finance), and Geography - Global Trends & Forecasts to 2014 - 2020"

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Today, using biometrics for authentication purpose provides greater convenience and reliability. Fingerprint sensors are the leading biometric technology in consumer electronics, equipped with secured authentication system. In recent times, smartphones, tablets, and PDAs are becoming the most indispensable gadget of our everyday lives. Fingerprint sensors enable fast, secure, and reliable access to smartphone as lots of personal information like contacts, payment details, texts, location data, and mails are stored in some kind of encrypted form on the phone.

The fingerprint sensors are having wide application not only in mobiles but also in areas such as government, criminal identification, defense, travel and migration, banking and finance, healthcare, smart homes, and commercial security.

The fingerprint sensor market is segmented into five categories that include materials used, sensor types, biometric types, application, and geography. This report divides the overall market into four main geographical segments, namely North America, Europe, APAC, and ROW. APAC is currently the highest contributor in terms of the market growth as compared to the other regions.

This report is based on the extensive research study on the world market and aims at identifying the entire market and all its sub-segments through extensively detailed classifications, in terms of both - revenue and unit shipments.This report is focused on giving a bird’s eye-view of theindustry with regards to the global sensors in the finger print sensor market with qualitative analysis at each and every aspect of the classifications done by type of sensors, material used, application, and geography.

The report presents a forecast about the future growth of global fingerprint sensors market from 2014 to 2020. The competitive information in this report includes market shares of the leading device & component manufacturers, key developments, core strategies deployed to win in the race, mergers & acquisitions, new product developments, collaborations, and Joint Ventures (JVs)by the key manufacturers along with their company profiles.

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The report also discusses the future of the global fingerprint sensors market with road-maps, discussing the upcoming technologies and markets and application segments with respect to the fingerprint sensors; and also gives an insight into the trends and developments related to the global fingerprint sensor market.

The key trends which have emerged in the market are the increasing size of fingerprint sensors, resulting in their increasing use in a wide range of mobile devices; technological innovations increasing the robustness and effectiveness, which have been increasing their popularity in biometric systems; increased demand for simplified and secured access of users to their mobile devices;and strategic collaborations among the fingerprint sensor manufacturers and algorithm providers. One of the factors that is adversely affecting the growth of the market is the difficulty faced in the manufacturing and fabrication process of the new technologies. Also,fingerprint sensor technologies are still not completely spoofing proofand are in the developing phase. The market is growing, globally; this increasing thrust presents vast opportunities for the players across the value chain.

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