Global Fingerprint Module Market Report assists the Industry experts, analysts and business decision makers to isolate the current market scenario, opportunities, upcoming market trends and pricing analysis. The Fingerprint Module Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the Fingerprint Module industry.
The Fingerprint Module market report gives Analysis of incomes, limits and benefits of Key Manufacturers including the market holdings, offers of units, income dispersion, and the measures that have been taken to overcome the issues faced.
The Fingerprint module market is expected to register a CAGR of over 18.86% during the forecast period 2018 – 2023. The report profiles the sensor type of fingerprint module, like off-chip and on-chip sensors in various regions.
Government investments toward security and protection of data has led the growth and development in the fingerprint module market. The need for a secure and reliable mode of employee identification is a major driver for the market. Moreover, expanding smartphone integrations of biometric authentication, coupled with the high growth rate of the smartphone market is estimated to drive the fingerprint module market. Fingerprint authentication is also becoming an essential method of attendance tracking for organizations, which is a growing trend. However, the fact that the hardware technique glitches, when subjected to different skin conditions, like cuts, or moisture, is a restraint to the market.
Mobility Platforms Expanding Integration for Biometric Authentication
Manufacturers of devices, like smartphones, tablets, and laptops are increasingly integrating biometric fingerprint modules in these products. LG and Dell are among the players with increasing investments to integrate fingerprint modules for their laptop range. Additionally, the changing smartphone architecture and the growth in the smartphone market is a significant driver for the fingerprint module market. Smartphones are used for authentication at various windows. That includes activities, like card payment authentication, data security, and employee identification, among others. The Fingerprint authentication for smartphones is also the most preferred and safest method of authentication. Smartphone companies, like Samsung, LG, Oneplus, and Lenovo, among others integrate fingerprint modules in their smartphones.
North America is the Largest Region for the Market
North America is the major region for the fingerprint module market, owing to the increasing adoption of the fingerprint modules among organizations for identification and security. Additionally, North America is one of the most technologically-advanced regions and has the presence of Major players in the fingerprint module market with high demand for the same. First Biometrics has developed Smart Card, which is being used as North Americas primary payment and identification card. The smart card is embedded with a smart chip and fingerprint sensor for maximum security and durability in financial transactions.
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Top Fingerprint Module Manufacturers Covered in this report:
- SecuGen Corporation
- Integrated Biometrics
- HID Global Corporation/ASSA ABLOY AB
- NITGEN Co.
- Shenzhen Yaloite Biometrics Technology Co.
- FINGERPRINT CARDS AB
- SparkFun Electronics
- Silk ID Systems
- Anviz Global
- BioEnable Technologies Pvt. Ltd
- FIRICH ENTERPRISES CO
- NEXT Biometrics Group ASA
- IDEX ASA
Significance of Fingerprint Module Market report:
- Know more about Fingerprint Module industry plans that are now being comprised by major manufacturers in the market.
- The assessed growth rate of Fingerprint Module by size & share on the forecast period 2018-2023.
- The unique aspects anticipated to induce Fingerprint Module market for its forecasted period of 2023.
- To understand the Fingerprint Module industry scenario and its prospects.
- Strategies of leading Fingerprint Module Industry players for evolving the plans for success in today’s competitive market.
Reasons to Purchase this Report? Impact of growth of product type of fingerprint module on the market? Analysis of various perspectives of the market with the help of Porterâs five forces analysis? The segments that are expected to dominate the market? Regional analysis of the market during the forecast period? Latest developments, market shares, and strategies employed by the major market players and key innovators ? 3-month analyst support, along with the Market Estimate sheet (in Excel)
Price of Report: $ 4250 (Single User License)
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In the end the Fingerprint Module Market report presents all the necessary data required to form resulting yielding business strategies for Industry experts, analysts and business decision makers to decide their business strategies and achieve proposed business aims.