English iCN Internal Distribution Market Research Reportedtimes Research Newswire

Global In-Display Fingerprint Sensor Market Expected to Reach USD 4,465.6 Million by 2027

Global In-Display Fi

iCrowdNewswire   Jan 13, 2021  2:25 AM ET

Global In-display Fingerprint Sensor Market Key Takeaways

According to a recent market study published by Growth Market Reports (GMR), titled, “Global In-Display Fingerprint Sensor Market by Type, by Methods, by Applications, and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 863.8 Million in 2019 and is expected to grow at a healthy growth rate of 23.5% and above by the year 2027. In terms of volume global in-display fingerprint sensor market is projected expanded at CAGR of 28.5%. The global in-display fingerprint sensor market is anticipated to grow owing rising safety concerns among users of smartphones and tablet PC and growing number of smartphone users across the globe is driving the market growth.

Request a free sample copy: https://growthmarketreports.com/request-sample/84

The global In-Display Fingerprint Sensor market is fragmented based on product types, applications, sales channels, and region. In terms of product type, the market is segmented optical in-display fingerprint sensor, ultrasonic in-display fingerprint sensor, capacitive in-display fingerprint sensor. In terms of applications market is fragmented into smartphone, tablet PC, and others. On the basis of sales channels, the market is divided into manufacturer/distributor/service provider and aftermarket. Based on region, the global in-display fingerprint sensor market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, Asia Pacific is further segmented into, China, Japan, South Korea, Australia, Southeast Asia, and Rest of Asia Pacific. The Europe region is further categorized into Germany, France, Italy, U.K., Spain, Russia, and Rest of Europe, and the MEA region is further divided into Saudi Arabia, South Africa, UAE, and Rest of MEA.

Growing demand for improved safety is boosting the need for accuracy and efficiency of biometric sensing techniques such as fingerprint sensors. In the age of the Internet of Things (IoT), mobile banking user authentication is one of the greatest challenges. Researchers have introduced the Internet of Biometric Things (IoBT), using conventional biometric technology combined with context-aware authentication techniques. Fingerprint recognition is one of the most common biometric techniques in today’s market. Recent smartphones, for example, typically take fingerprint sensors for biometric identification methods.

For More Information: https://growthmarketreports.com/enquiry-before-buying/84

As per GMR industry analyst Rajat Verma, “The Global In-Display Fingerprint Sensor Market is anticipated to witness significant growth during forecast period 2020-2027 due to increasing number of products launches with in-display fingerprint sensors. Moreover, growing application of in-display fingerprint technology by manufacturers in smart phones and tablet pc, notepads, and smart watches is expected to create lucrative opportunity during forecast period.”

Key Takeaways from the Study:

  • China based Shenzhen Goodix Technology Co., Ltd., holds approximately one fourth of market share of global in-display fingerprint sensor market in year 2019.
  • The capacitive in-display fingerprint sensors segment holds a substantial share of the market as they are widely used in the latest smartphones due to their compact size and low cost.
  • The use of in-display fingerprint sensors is rising as they are used in for multiple purpose such as security purposes in smart phones and used for mobile payments in smartphones.
  • Asia Pacific accounted for a major share of the market. The market in the region is projected to expand at a high CAGR during the forecast period due to increasing smartphone users in the region and a majority of the manufacturers belong to this region.

Buy Full Report at https://growthmarketreports.com/report/in-display-fingerprint-sensor-market-global-industry-analysis-size-share-growth-trends-and-forecast

Report Scope:

Report Metric

Details

Market Value in 2019

USD 863.8 Million

Market Volume in 2019

205 Million Units

Market Growth Rate (from 2020 to 2027)

23.5%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Units Considered

Value (USD Million), Volume (‘000 Units)

Market Segments

By Product Types, By Applications, and By Sales Channels

Regional Scope

North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA)

Country Scope

U.S., Canada, Brazil, Mexico, Rest of Latin America, China, Japan, South Korea, India, Australia, Southeast Asia, Rest of Asia Pacific, Germany, France, Italy, U.K., Spain, Russia, Rest of Europe, Saudi Arabia, South Africa, UAE and Rest of MEA.

Key Companies Profiled

CrucialTec, Shenzhen Goodix Technology Co., Ltd., Egis Technology Inc., Synaptics Incorporated, Japan Display Inc., Qualcomm Technologies, Inc., Fingerprint Cards AB, Shanghai Sili Microelectronics Technology Co., Ltd. (Silead),and Duntai Electronics Co., Ltd. (FocalTech).

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: In-Display fingerprint sensor manufacturers, raw material suppliers, primary respondents, and distributors.
  • Demand Side: Smartphones manufacturers, tablet PC manufacturers, and smartwatches manufactures.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
  • Associations and Industry Bodies: Food and Drug Administration (FDA), Environmental Protection Agency (EPA), European Union Regulation (EU), Electrical Regulatory Authorities Council (ERAC), Conformitè Europëenne (CE), State Administration for Market Regulation (SAMR), and others

Request a free sample copy: https://growthmarketreports.com/request-sample/84

About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.

Contact Information:

Alex Mathews
Head of Business Development
Phone No.: +1 909 545 6473
Email – [email protected]
Website – https://GrowthMarketReports.com
Address – 500 East E Street, Ontario, CA 91764, United States.


iCrowdNewswire

Keywords:    In-Display Fingerprint Sensor Market, In-Display Fingerprint Sensor Market analysis, In-Display Fingerprint Sensor Market forecast, In-Display Fingerprint Sensor Market players, In-Display Fingerprint Sensor Market scope, In-Display Fingerprint Sensor Market share, In-Display Fingerprint Sensor Market size, In-Display Fingerprint Sensor Market trends