The Fingerprint Sensors Market Size was valued at USD 2.92 Billion in 2022. The Fingerprint Sensors industry is projected to grow from USD 4.07 Billion in 2023 to USD 14.47 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 13.27% during the forecast period (2024 - 2032). Fingerprint sensors are biometric devices used to capture and analyze the unique ridge patterns on the surface of an individual's finger. These sensors can be used to authenticate a person's identity, allowing access to secure systems or data, and they are commonly found in smartphones, laptops, and other electronic devices. There are several different types of fingerprint sensors, including optical sensors, capacitive sensors, and ultrasound sensors. Each type of sensor has its strengths and weaknesses, and the type of sensor used will depend on the specific requirements of the application.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
With the growing trend toward connected technology and the Internet of Things (IoT), there has been an increase in the demand for secure and convenient authentication methods. This has led to a growing market for fingerprint sensors, which provide a high level of security and ease of use for users. As more devices become connected and the amount of sensitive personal data stored on these devices continues to grow, there is a growing need for secure authentication methods that can protect this data from unauthorized access. Fingerprint sensors meet this demand, offering a convenient and secure way to verify a user's identity and protect sensitive information. In addition, the increasing popularity of mobile devices, such as smartphones and tablets, has also contributed to the growth of the fingerprint sensor market. These devices are commonly used to store personal and sensitive information, and many now come equipped with fingerprint sensors as a convenient and secure way to authenticate users. Overall, the increasing penetration of connected technology and IoT, combined with the growing demand for secure and convenient authentication methods, is expected to drive continued growth in the fingerprint sensors market.
The market segmentation, based on Type, includes Area & Touch Sensor, and Swipe Sensor. The Area & Touch Sensor segment holds the majority share in 2022 of the market. In addition to being smaller and more affordable, touch sensors are also getting easier to use. These sensors are preferred by OEMs over swipe sensors, particularly in mobile devices that need smaller sensors to produce more compact goods that are desired by market end consumers.
Based on Technology, the market segmentation includes Capacitive, Optical, Thermal, and Others. The Optical segment is estimated to account for the largest share of the market. In terms of technology, optical sensors are replacing capacitive touchscreen sensors in the majority of devices while ultrasonic fingerprint sensors are being used in luxury smartphones. Due to the rising need for sensor integration in displays, capacitive sensors have been replaced.
Based on Application, the market segmentation includes Consumer Electronics, Government & Law Enforcement, Military & Defense, BFSI, Smart Homes, Healthcare, Aerospace, and Commercial. The Government & Law Enforcement segment dominated the market in 2022. Governments use fingerprint sensors all over the world in many different areas, such as health care, border control, defense, employee screening, and security. Government agencies also use biometrics and fingerprint sensors to verify and identify people, which is why the said segmentation has its dominance over the market.
Figure 2: Fingerprint Sensors Market, by Application, 2022 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The largest market share in the fingerprint sensor market all across the globe is held by the Asia-Pacific region. The second-largest market share in the fingerprint sensor market all across the globe is held by the North American region owing to the increasing penetration of tablets and smartphones coupled with early technology adopters driving the market demand in this region. Also, an increase in per capita income is another contributing factor. The third-largest market share in the fingerprint market all across the globe is held by the European region as it witnesses rapid growth during the review period. Moreover, increasing demand for smart grids and well-established technology infrastructure drives the market demand.
Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: FINGERPRINT SENSORS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth. With significant market development such as new product releases, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Fingerprint Sensors industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Fingerprint Sensors industry to benefit customers and expand the market sector. Major market players, including Apple Inc, Thales Group, HID Corporation, NEC Corporation, and others, are attempting to increase market demand by funding R&D initiatives.
Thales offers technological solutions to clients in the aerospace, military, and security industries. Aerospace, Defense and Security, and Digital Identity and Security make up its three business sectors. The Aerospace business unit develops satellites for communication and planetary observation, as well as commercial flight avionics and related solutions for electrical systems, passenger experience, training, and simulation. The Digital Identity and Security section offers user and device authentication, cloud protection, software licensing management, identity and biometric solutions, banking and payment systems, IoT and data analytics products, and identity and biometric solutions.
NEC Corporation is a corporation that integrates information technology, network solutions, and electronics. It provides IT services and solutions such as big data analytics, biometric authentication, cloud, display, digital signage, original equipment manufacturer (OEM) services, safety, connectivity, smart energy, and so on. The company also sells computers, data storage, embedded systems, software, and unified communications. NEC services the aerospace, aviation, broadcasting, agriculture, finance, government, healthcare, logistics, hospitality, manufacturing, telecommunications, retail, and transportation industries.
September 2023—An in-car payment partnership between Mastercard and the Mercedes drivers in Germany was launched. The collaboration will thus enable customers to make digital payments at over 3,600 service stations across Germany utilizing a fingerprint sensor on their car.
May 2023 – Samsung Display introduced a breakthrough biometric technology showcase at the SID Display Week 2023 in Los Angeles. The Sensor OLED Display uses a light-sensing organic photodiode embedded within the panel structure, which obviates the need for separate sensor modules beneath the display.
In April 2023, UIDAI joined forces with IIT Bombay to create contactless fingerprint capture software for phones. The partners aim to develop touchless fingerprint capture technology that supports biometric authentication using any other modality but face recognition, integrated with built-in liveness detection. This system is designed to capture multiple fingers simultaneously for higher accuracy and will be integrated into the Aadhaar ecosystem.
In February 2023, IDloop invented a contactless microscopic resolution fingerprint scanner at its headquarters in Germany. The company states that this newfangled biological identification technology allows comparing fingerprints rapidly against already existing databases collected by means of contact-type scanners like those used by government agencies and already containing data on three billion people.
In May 2022, Thales signed an agreement with Sonae Investment Management and bought S21sec to reinforce its cybersecurity business unit.
In May 2022, IDEMIA partnered with Telefonica Espana to enhance the security of the company’s clients’ communications by improving the safety of its own products based on the fifth-generation mobile communication standard (5G SIM).
In May 2022, Apple Inc. introduced a suite of advanced professional training courses specifically designed for IT professionals who are working to keep pace with rapid growth in this industry.
In March 2022, Synaptics Incorporated launched the Katana Edge AI kit—a development tool aimed at accelerating vision-based AI algorithms for sensor fusion and other IoT applications.
In March 2022, Thales Group partnered with Mastercard and Bank Pocztowy to establish biometric cards in Poland. It also commenced issuance of these cards to its customers to enhance their security during remote transactions, while Thales worked on design development and distribution of packaging for the same as well as fingerprint-enabled cards.
In February 2022, IDEMIA introduced a new generation of MorphoWave touchless fingerprint terminals. Users can just slide their hands in an easy gesture to have four fingerprints three-dimensionally scanned and verified within one second using this technology.
North America
Europe
Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 2.92 Billion |
| Market Size 2023 | USD 4.07 Billion |
| Market Size 2032 | USD 14.47 Billion |
| Compound Annual Growth Rate (CAGR) | 13.27% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018 & 2022 |
| Market Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Technology, Applications, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | IDEX Biometrics, Shenzhen Goodix Technology Co Ltd, Fingerprint Cards, Synaptics Incorporated, Qualcomm Technologies Inc, Apple Inc, Thales Group, HID Â Corporation, IDEMIA, NEC Corporation |
| Key Market Opportunities | Â Increasing penetration of large consumer electronics manufacturing companies |
| Key Market Dynamics | Increasing penetration of connected technology and IoT creates more market demand |
Frequently Asked Questions (FAQ) :
The Fingerprint Sensors market size was valued at USD 2.92 Billion in 2022.
The market is projected to grow at a CAGR of 13.27% during the forecast period, 2024-2032.
Asia Pacific had the largest share of the Fingerprint Sensors market.
The key players in the market are IDEX Biometrics, Shenzhen Goodix Technology Co Ltd, Fingerprint Cards, Synaptics Incorporated, Qualcomm Technologies Inc, Apple Inc, Thales Group, HID Corporation, IDEMIA, and NEC Corporation.
The Area & Touch Sensor category dominated the market in 2022.
The Government & Law Enforcement segment had the largest share of the market for Fingerprint Sensors.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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