Biometric Sensors Global Market Analysis 2015 and Forecasts to 2023 Biometric Sensors Market By Type - Global Industry

Biometric Sensors Market By Type - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2015 – 2023
Biometric sensors integrate physical traits of the human body with digital technology in order to provide
biometric security. Semiconductor devices like biometric security systems contain algorithms and
template database in order to match live biometric samples with the already stored samples in the
database. Face metrics, fingerprints, and vein structures in hands among others are some of the
physical traits used to prepare desired templates. Increasing concerns of privacy and security along
with growing demand for smart gadgets with biometric security systems are some of the major driving
factors for the market. A biometric sensor is a transducer that converts a biometric treat such as voice,
face, and fingerprint etc. of a person into an electrical signal. Sensors generally measure temperature,
pressure, light, electrical capacity, and speed. Biometric sensors are lightweight and compact in
design. Furthermore, they can be installed in devices very conveniently. Some key attributes of
biometric sensors include fast verification and identification. Biometric sensors are a breakthrough
technology, which weed out various security-related issues from different domains.
This 163 page report gives readers a comprehensive overview of the Biometric Sensors market Browse
through 34 data tables and 47 figures to unlock the hidden opportunities in this market.
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Factors such as increasing emphasis on better security and safety, application of fingerprint scan,
facial scan, hand scan, and voice scan are expected to see positive growth during the forecast period
from 2015 to 2023. Increasing emergence of mobile and online financial transactions, biometric
security solutions have found a huge opportunity in the financial sector. Biometric sensors technology
can be used in a wide number of applications such as automotive, consumer electronics, commercial
centers, and hospitality industries. In the sectors where safety, privacy, and security are of primary
concern, biometric sensors are expected to find opportunities in applications such as making
transactions and operations.
Biometric and fingerprint sensors have become a standard feature in consumer electronic products.
Sensing the consumer preference for security and privacy, the key manufacturers of smartphones and
other gadgets have started offering fingerprint sensors as a part of certain products. The demand for
biometric security technology is on the rise due to the fact that the users of smartphones and other
smart gadgets have become more familiar and comfortable with using tools such as fingerprint
identification for gaining access. Growing demand for tablets, smartwatches, wearable devices, and
other consumer electronic products is acting as one of the major drivers for this market. Furthermore,
some of the factors acting as restraining factors for the market include limitation of application in
different geographical regions due to cultural barriers and lack of standardization in the process of
implementation and development of technical standards. However, graphene enable sensors are the
future of the biometric sensors market.
Based on type, the market is segmented into capacitive sensors, optical sensors, thermal sensors,
ultrasound sensors, and electric field sensors (eField). In terms of application, the market is segmented