It is expected to record a compound annual growth rate.
Fingerprint sensor market share.
The report fingerprint sensor market by technology capacitive optical thermal ultrasonic type touch swipe application consumer electronics banking finance government law enforcement commercial smart homes and region global forecast to 2024 is projected to grow from usd 3 5 billion in 2019 to usd 7 1 billion by 2024.
Key benefits for market.
The fingerprint sensor market size is projected to grow from usd 3 5 billion in 2019 to usd 7 1 billion by 2024.
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Fingerprint sensor market outlook 2027 the global fingerprint sensor market is expected to witness substantial growth during the forecast period of 2020 to 2027.
By sensing type this market is segmented on the basis of capacitive sensors.
It is expected to grow at a compound annual growth rate cagr of 15 3.
North america is the third largest market for in display fingerprint sensors with constant market share of around 23 71 due to growing per capita income in this region.
A fingerprint sensor is a scanner used to identify or differentiate between the fingerprints of people for security purposes.
Countries such as u s u k germany china and south korea have strong market share in global fingerprint sensor market.
The fingerprint sensors market was valued at usd 9 61 billion in 2017 and is expected to reach a value of usd 25 94 billion by 2023 at a cagr of 18 over the forecast period of 2018รข 2023.