Global Fingerprint Sensor Market Report The technological advancements in 21st century have provided people with the access to top notch security tools such as smartphones , for their privacy . Nowadays , one can use biometric scans such as fingerprint or even retina scan as the key to access their personnel information . These specs of a person act as his / her personal identity card because of a distinct quality that is ; no two persons can have identical fingerprints or even retina patterns .
Global Fingerprint Sensor Market Report The technological advancements in 21st century have provided people with the access to top notch security tools such as smartphones , for their privacy . Nowadays , one can use biometric scans such as fingerprint or even retina scan as the key to access their personnel information . These specs of a person act as his / her personal identity card because of a distinct quality that is ; no two persons can have identical fingerprints or even retina patterns .
Fingerprint sensing is one of the primary biometric technology that has been employed on a large scale . Fingerprint processing involves three primary steps : enrollment , searching and verification . On the basis of the technology employed in fingerprint sensors , it can be segmented into four broad categories ; capacitive sensors , optical sensors , thermal sensors and ultrasonic sensors . Among all these segments , capacitive sensors are the most common . Based upon the application of fingerprint sensors , its market can be segmented into three categories ; smartphones , smartcards and others . The global fingerprint sensor market is set to experience favorable growth driven by factors such as increasing smartphone shipments , declining cost of fingerprint sensor , rising mobile payment transaction , and increasing fraudulent practices . Further , the scope of growth for this market will be broadened by continuously increasing size of addressable smartcard market and higher usage of payment cards . However , the growth of this budding market will be hindered by the business cycle fluctuations and risk of security breaches such as spoofability .
The report “ Global Fingerprint Sensor Market ” analyzes the development of this market , with focus on the North American and European markets . The major trends , growth drivers as well as issues being faced by the market are discussed in detail in this report . The four major players : Synaptics Incorporated , Fingerprint Cards , NEXT Biometrics ASA and IDEX ASA are being profiled along with their key financials and strategies for growth . The report contains a comprehensive analysis of the global fingerprint sensor market along with the study of the regional markets .