The fingerprint sensors market in North America was valued at USD 1.23 billion in 2023. The regional market size is anticipated to be worth USD 2.75 billion by 2029 from USD 1.41 billion in 2024, growing at a CAGR of 14.29% from 2024 to 2029.
Fingerprint sensors are the security systems of biometrics that are being used in police stations, security industries smartphones, and so on. Everyone has marks on their fingers that cannot be removed or changed in any way that has a pattern generally called a fingerprint. As there are several combinations of identification terms, fingerprints have become a perfect means of recognition.
The growth of the North America fingerprint sensors market is attributed to the improved user experience along with enhanced live detection as compared to the previous generation of ID products compared to using these sensors. The rising technological advancements, coupled with the higher security-related risks, are the primary drivers of the fingerprint sensors market in North America. Also, growing mobile users that need more sophisticated and top device security is the vital factor that is boosting the growth of the North America Fingerprint Sensors Market. The surge in crime-related activities is also promoting the rapid adoption of these sensors across the area.
However, disadvantages while using this technology while an occurrence of an injury to fingers is expected to limit the access to the genuine person and their highly sensitive character, while usage of cheap components would lead to a denial of access to the authorized person are the significant challenges for the growth of the adoption of them.
In the North American fingerprint sensors market, the U.S. is currently contributing a significant share of the overall revenue. The growth of the target market in this country is due to the companies in the USA using fingerprint technology for the improvement of the authentication process through biometrics which is being done by capturing the exclusive 3D characteristics of the customer’s fingerprint.
Some of the key players of the North America Fingerprint Sensors Market include Shenzhen Goodix Technology Co., Ltd. (China), Fingerprint Cards AB (Sweden), Synaptics Incorporated (US), Apple Inc. (US), Egis Technology Inc. (Taiwan), CrucialTec (South Korea), NEXT Biometrics Group ASA (Norway), Novatek Microelectronics Corp. (Taiwan), Q Technology (Group) Company Limited (China), Qualcomm Technologies, Inc. (US), IDEX Biometrics ASA (Norway), CMOS Sensor Inc. (US), ELAN Microelectronics Corporation (Taiwan), FocalTech (China), and so on.
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