Fingerprint sensor market outlook 2027 the global fingerprint sensor market is expected to witness substantial growth during the forecast period of 2020 to 2027.
Fingerprint sensor market share.
By sensing type this market is segmented on the basis of capacitive sensors.
Countries such as u s u k germany china and south korea have strong market share in global fingerprint sensor market.
The global fingerprint sensor market is segmented on the basis of sensing type end user type and regional analysis.
A fingerprint sensor is a scanner used to identify or differentiate between the fingerprints of people for security purposes.
Key benefits for market.
North america is the third largest market for in display fingerprint sensors with constant market share of around 23 71 due to growing per capita income in this region.
The global fingerprint sensor market is expected to exceed more than us 20 billion by 2024 at a cagr of 17 5 in the given forecast period.
The fingerprint sensors market was valued at usd 9 61 billion in 2017 and is expected to reach a value of usd 25 94 billion by 2023 at a cagr of 18 over the forecast period of 2018รข 2023.
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It is expected to grow at a compound annual growth rate cagr of 15 3.
The report fingerprint sensor market by technology capacitive optical thermal ultrasonic type touch swipe application consumer electronics banking finance government law enforcement commercial smart homes and region global forecast to 2024 is projected to grow from usd 3 5 billion in 2019 to usd 7 1 billion by 2024.