products in the security market has increased globally. This increasing demand for security
products provides swift growth to the fingerprint module market worldwide.
Moreover, the increasing trend of ‘bring your own device’ in various enterprises and rising
penetration of smart phone users pose as major drivers accelerating the market of fingerprint
module, globally. According to coherent market insights’ analysis the bring your own device
market is predicted to reach up to US$ 266 billion in 2019. With potential benefits, the “bring
your own device” culture also presents data security risk for the organization, which ultimately
increase
the
demand
for
security
products.
Fingerprint Module Market Outlook – North America holds the Largest Market of the
Global Fingerprint Module.
On the basis of geography the study is diversified into North America, Europe, Asia Pacific and
Rest of the world. North America’s fingerprint module market will hold the dominating position in
the global fingerprint module market and is predicted to hold the dominating position in the
forecasted period. The expanding usage of the unique finger impression recognition technology
in individual document verification, for example, visas and e-passport, to identify travelers at
airport terminals in nations like the US and Canada, and the expanding trend of incorporating
facilities with biometric frameworks such as fingerprint scanners by OEMs and financial bodies,
will reinforce the growth prospects for the fingerprint module market in this locale.
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Bioenable technologies pvt ltd, Cross Match Technologies, Inc, Fingerprint Cards AB, Fulcrum
Biometrics, LLC, HID Global, Suprema HQ, 360 Biometrics, Futronic Technology Company Limited,
Liteon, Shenzhen CAMA Biometrics Co., Ltd. are some major companies of the global fingerprint
module market. Acquisition, merger, innovation and new product launch are some of the major
strategies adopted by the market leaders to sustain in the global fingerprint module market.
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ready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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