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Fingerprint Sensor Market Size, Share, Growth, Sourcing Strategy, Scope, Demand and Forecast to 2027
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Market Research Future (MRFR) expects the global optical fingerprint sensor market 2020 to attain a valuation of USD 1 billion by 2023-end. It is also estimated that the market can advance at a decent rate of 12% between 2017 and 2023, which is the forecast period. We will provide covid-19 impact analysis with report.
Optical fingerprint scanning technology has been observing a rapid surge in its adoption rate, on account of its high accuracy level and affordability that makes it a big hit among price-sensitive end-users. A mounting need to safeguard sensitive data and information within an intensely competitive environment prompts am increase in the adoption of fingerprint sensors. With a widespread use in commercial security, the optical fingerprint sensor technology has a broad application range across various industries, which induces major market growth across the globe.
Read more@ https://www.marketresearchfuture.com/reports/fingerprint-sensors-market-1046
Vastly utilized in various consumer electronics, the frequent advancements in the display technology coupled with security have given rise to lucrative opportunities that result in business expansion. The flourishing consumer electronics industry along with the rampant demand of these products has boosted the demand for optical fingerprint sensors. New applications paired with the associated markets are projected to expand in the coming years, which can drive the market growth for optical fingerprint sensors. The increasing number of attractive opportunities and the technological advancements that are underway in the field can also benefit the optical fingerprint sensor market during the appraisal period.
The market for optical fingerprint sensors has been considered for component, technology and application.
The primary components covered in the market study are charged coupled device (CCD), photodiode, cover plate and lens as well as CMOS optical imagers. Between these, the lead has been taken by the CCD segment and the CMOS segment, given their combined use in fingerprint sensors.
The main technologies studied are electro-optical imaging as well as multi-spectral imaging. Electro-optical imaging is one of the most popular techniques in optical fingerprint sensors, as a result of which it is holds the biggest share in the global market.
Top Key Players
Top contenders in the industry include Securlinx Integration Software (US), Fingerprint Cards AB (Sweden), BioEnable Technologies Pvt. ltd. (India), VocalZoom (Israel), Vkansee (China), Bio Key International Inc (US), SecuGen Corporation (US), Shenazhen CAMA Biometrics Co.Ltd (China), Aware Inc (US), Bayometric (US), Synaptics Incorporated (US), to name a few.
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