According to the recent study the fingerprint sensor market is projected to reach an estimated $3.9 billion by 2028 from $2.3 billion in 2023, at a CAGR of 11% from 2023 to 2028. Growth in this market is primarily driven by increasing application of biometric systems based on fingerprint sensors as an advanced security measure by government agencies and in the workplace to monitor employees' daily attendance and total working hours.

A more than 150-page report is developed to understand trends, opportunities and forecast in fingerprint sensor market by product type (capacitive, optical, thermal, and ultrasonic), application (smartphones/tablet, laptop, smartcards, IoT, and others), end use industry (consumer electronics, travel and immigration, government and law enforcement, banking & finance, commercial, automotive, smart homes, healthcare, military, defense, and aerospace, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link https://www.lucintel.com/fingerprint-sensor-market.aspx

“Capacitive market is expected to remain the largest segment during the forecast period.”

Based on product type, the fingerprint sensor market is segmented into capacitive, optical, thermal, and ultrasonic. Lucintel forecasts that the capacitive market is expected to remain the largest segment due to highly compatible with mobile and portable devices and are economical as compared to other sensors.

“Within the fingerprint sensor market, the consumer electronic segment is expected to remain the largest end use industry”

Based on end use industry the consumer electronic segment is expected to witness the highest growth over the forecast period due to the extensive use of fingerprint sensor in the consumer electronics product like smartphones, tablets, laptops, and notebooks.

“Asia pacific will dominate the fingerprint sensor market in near future”

Asia Pacific will remain the largest region due to the growing demand for fingerprint sensor among automotive OEMs in China, Japan, and India and rising demand for biometric payment cars as security measures is in South Korea.

Download Brochure of this report by clicking on https://www.lucintel.com/fingerprint-sensor-market.aspx

Major players of fingerprint sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Qualcomm, TDK, Vkansee Technology, Egis Technology, and Fingerprint Cards are among the major fingerprint sensor providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fingerprint-sensor-market.aspx  or [email protected]