Optical Fingerprint Sensor Market
Optical Fingerprint Sensor market by Component (Lens, Photodiode, Cover plate, CCD), Technology (Multispectral imaging, Electro optical imaging), Application (Telecom, Government Agencies, Healthcare, Smart Homes) - Forecast till 2023
Optical Fingerprint Sensor market by Component (Lens, Photodiode, Cover plate, CCD), Technology (Multispectral imaging, Electro optical imaging), Application (Telecom, Government Agencies, Healthcare, Smart Homes) - Forecast till 2023
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Optical Fingerprint Sensor Market Research
Report By Forecast 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
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Optical Fingerprint Sensor Market Forecast To 2023
Optical Fingerprint Sensor Market Forecast To 2023
• The global optical fingerprint sensor market was analyzed by Market Research Future (MRFR) and it
was projected that a notable CAGR of 12% will be attained by the market over the forecast period of
2018 to 2023. The valuation of the optical fingerprint sensor market was further stated to surpass
its previous figure to reach an expected valuation of USD 1 Billion.
• Fingerprint scanning technology has over the years gained massive adoption across different
applications owing to the accuracy and affordability that it brings to the table. An increasing need to
protect sensitive information in highly competitive environments has prompted the use and
demand of fingerprint scanning technology. It is most commonly seen being used in commercial
security, however, the technology boasts a wide array of applications, thereby driving its global
growth. It is increasingly being integrated in consumer electronics as advancements in display
technology and security has brought-forward new opportunities to support the market growth. The
booming growth and expansion of the consumer electronics industry is expected to further drive
the global optical fingerprint sensor market.
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Optical Fingerprint Sensor Market Forecast To 2023
“Taste the market data and market information presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content
TOC & market synopsis on Optical Fingerprint Sensor Market Forecast To 2023”
• On the other hand, false rejections and various other technical issues are reported to be the major
challenges that the global market might face over the forecast period. However, a pool of
opportunities and increasing technological advancements in the field are expected to curb down
the hampering effect these challenges might pose. It was noted by MRFR that a huge opportunity
lies ahead for fingerprint sensors in smartphone devices, wherein there is an ongoing trend of
moving towards in-display optical fingerprint sensors. As the technology is affordable, major
developments are being made on a consistent basis to ensure large scale adoption of the
technology and growth of the global market.
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Optical Fingerprint Sensor Market Forecast To 2023
Global Optical Fingerprint Sensor Market Segmented on the basis of
The global optical fingerprint sensor market has been segmented in terms of type, end-user, and
components.
By component, the market includes CMOS optical imagers, photodiode, cover plate, charged coupled
device (CCD), and lens. Among these, both the CCD and CMOS segment enjoy the maximum share over
the market due to its wide-scale use together in fingerprint sensors.
By technology, the market segments into multi-spectral imaging and electro-optical imaging. Electrooptical
imaging segment edges past multi-spectral imaging segment as the most commonly used
technology in fingerprint sensors. This has prompted the segment to lead the global market with the
highest share.
By application, the market comprises healthcare, telecom operators, consumer electronics, military &
defense, commercial security, banking & finance, smart homes, and government agencies.
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Optical Fingerprint Sensor Market Forecast To 2023
Global Optical Fingerprint Sensor Market - Geographical Analysis
• The global optical fingerprint sensor market is geographically distributed across the following key regions: Asia
Pacific, North America, Europe, and the Rest of the World (RoW).
• The global optical fingerprint sensor market is led by Asia Pacific. The regional market holds a strong presence
of various important technology-driven industries like semiconductors and consumer electronics. Various
leading players present in the region are contributing to the overall growth and development of the
technology. Many players in the market are even seen expanding bases or shifting bases to this region to reap
onto the opportunities the regional market boasts.
• North America follows up Asia Pacific to stand second in the global optical fingerprint sensor market. The
presence of the US and Canada with a number of leading manufacturers therein is one of the biggest driving
factors of the regional market.
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Optical Fingerprint Sensor Market Forecast To 2023
Global Optical Fingerprint Sensor Market
- Competitive Analysis
• The global optical fingerprint sensor market comprises a host of key players. This includes names like Shenazhen
CAMA Biometrics Co.Ltd (China), Vkansee (China), Synaptics Incorporated (U.S.), Bio Key International Inc. (U.S.),
BioEnable Technologies Pvt. Ltd. (India), Bayometric (U.S.), Fingerprint Cards AB (Sweden), VocalZoom (Israel),
Aware Inc (U.S.), SecuGen Corporation (U.S.), Securlinx Integration Software (U.S.), among others.
• Browse Report @ https://www.marketresearchfuture.com/reports/optical-fingerprint-sensormarket-4750
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