The North America Fingerprint Sensors Market is anticipated to grow significantly during the forecast period. It is estimated that the target market in this region is growing at a CAGR of over 16.1% during 2022 - 2027.
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.
Apple Inc. has acquired a couple of companies named Voysis, an artificial intelligence startup and the Dark Sky application for the development of a better end-user experience.
Shenzhen Goodix has an automotive fingerprint authentication solution that enables the secured identification in the vehicle with a log-in of one-press and access to customized driver profiles, settings, and smart locks.
Drivers and Restraints of North America Fingerprint Sensors Market
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 a more sophisticated and more 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.
Market Segmentation of North America Fingerprint Sensors Market until 2025.
By Sensor Type: Area & Touch Sensors and Swipe Sensors.
By Material: Pyroelectric Material (Lithium Tantalate), Coating Material, Piezoelectric Material (Quartz), and Adhesives.
By Technology: Optical, Capacitive, RF Capacitive, and Others.
By Application: Government & Law Enforcement, Military, Defense, & Aerospace, Banking & Finance, Consumer Electronics/Mobile Devices, Travel & Immigration, Smart Homes, Healthcare, and Commercial.
By Regional: US, Canada & Rest of North America. In the regional analysis of the North America Fingerprint Sensors Market, the US is 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.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Technology
5.1.6 Y-o-Y Growth Analysis
5.1.7 Market Attractiveness Analysis
5.1.8 Market Share Analysis
5.2 By Application
5.2.2 Banking and Finance
5.2.5 Consumer Electronic
5.2.6 Other Applications
5.2.7 Y-o-Y Growth Analysis
5.2.8 Market Attractiveness Analysis
5.2.9 Market Share Analysis
5.3 By Sensor Type
5.3.1 Static Sensor
5.3.2 Swipe Sensor
5.3.4 Y-o-Y Growth Analysis
5.3.5 Market Attractiveness Analysis
5.3.6 Market Share Analysis
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Technology
188.8.131.52 By Application
6.1.4 Market Attractiveness Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Technology
18.104.22.168 By Application
6.1.5 Market Share Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Technology
188.8.131.52 By Application
6.2 North America
6.1.2 United States
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leader Analysis
8.1 Shenzhen Goodix Technology Co
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.3 Fingerprint Cards AB
8.4 NEXT Biometrics Group ASA
8.5 Synaptics Incorporated
8.6 Qualcomm Technologies
8.7 Novatek Microelectronics Corp
8.8 Egis Technology Inc
8.9 Crucial Tec
8.10 Q Technology (Group) Company Limited
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
North America Finger Print Sensor Market By Region, From 2022 - 2027 ( USD Billion )
North America Finger Print Sensor Market By Technology, From 2022 - 2027 ( USD Billion )
North America Capacitive Market By Region, From 2022 - 2027 ( USD Billion )
North America Optical Market By Region, From 2022 - 2027 ( USD Billion )
North America Ultrasonic Market By Region, From 2022 - 2027 ( USD Billion )
North America Thermal Market By Region, From 2022 - 2027 ( USD Billion )
North America Finger Print Sensor Market By Application, From 2022 - 2027 ( USD Billion )
North America Banking and Finance Market By Region, From 2022 - 2027 ( USD Billion )
North America Government Market By Region, From 2022 - 2027 ( USD Billion )
North America Commercial Market By Region, From 2022 - 2027 ( USD Billion )
North America Consumer Electronics Market By Region, From 2022 - 2027 ( USD Billion )
North America Other Applications Market By Region, From 2022 - 2027 ( USD Billion )
North America Finger Print Sensor Market By Sensor Type, From 2022 - 2027 ( USD Billion )
North America Static Sensor Market By Region, From 2022 - 2027 ( USD Billion )
North America Swipe sensor Market By Region, From 2022 - 2027 ( USD Billion )
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