Global Fingerprint Sensors Market Outlook 2024: Opportunity Assessment And Demand Analysis, Market Forecast, 2016-2024

1. Vision Value Visibility Report Code :HICT 1002 2016-2024 Global Fingerprint Sensors Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

2. Sample Request Key Findings Hardware/ Software • In 2016, Optical fingerprint sensors technology market accounted for nearly XX% of the total Global fingerprint sensors market and remaining XX% went for different capacitive sensors technology, ultrasonic sensor technology and thermal sensor technology • Growing urbanization and rising internet penetration is also increasing the number of fraudulent cases. This is boosting the requirement for high security to keep person’s identity and data secure primarily for e-commerce and banking applications. Adoption rate of fingerprint sensors increases up to XX% in 2024 from XX% in 2016 in Asia-Pacific region. Countries such as Japan, South Korea, Australia and Singapore together will account for XX% revenue share of Asia-Pacific fingerprint sensors market in 2024 • As a result, if seen from the big market point of view, area or touch fingerprint sensors demand is higher in consumer electronics followed by swipe fingerprint sensors. Moreover, rising smartphone penetration rate is expected to bolster the growth of fingerprint sensors market across the globe. The smartphone penetration rate accounted for XX% in 2016 increase by XX% as compared to 2015 • With USD XX billion in 2016, Optical fingerprint sensor technology has the highest demand followed by capacitive fingerprint sensors technology. Fingerprint sensors helps in maintaining easy record and managing attendance portals in organizations. The fingerprint sensors are cost effective as compared to other biometric authentication systems. • Further, increasing spending by government authorities on security and authentication in aerospace and defense industry is likely to propel the demand for fingerprint sensors across the globe Application of Fingerprint Technology Efficient Performance Global Fingerprint Sensors Adoption Rate (%) Opportunities in Various End-User Industries XX % 2016 XX % XX % 2024 XX % Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

3. Major Players Presence-Regional Analysis Sample Request Low Penetration High Penetration Medium Penetration Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

4. Global Fingerprint Sensors Market Size (USD Billion) & Growth Analysis Global Fingerprint Sensors Market Size (USD Billion)-2016-2024 Global Fingerprint Sensors Market Y-O-Y Growth (%) Analysis-2016-2024 Source: Goldstein Research Source: Goldstein Research • Asia-Pacific point of care testing devices market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. Further, POCT devices sales increased from XXXX units in 2015 to XXXX units in 2016 • The POCT devices market growth rate declined in 2010 by 5.0%, due to the absence of virus testing in 2009, while H1N1 pandemic and H1N1 influenza testing have led to a significant growth (XX% growth) in the point of care testing devices market • It is sensitive to the economic cycle, as sales in most medical device markets declined due to the 2009 global economic downturn. However, rising healthcare expenditure in major countries in Asia-Pacific such as China, Japan, Australia and others are expected to trigger the demand for point of care testing devices market Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

5. Market Dynamics Sample Request Growth Drivers Growth Barriers Sample General Trend Highly Complex Moderately Complex Waived Fingerprint Sensors Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

6. Global Fingerprint Sensors Market Opportunity, 2016-2024 Global Fingerprint Sensors Market Opportunity by Service Categories, 2016 • Thermal fingerprint sensors works in extreme temperature conditions as well as . Thus making it more secure and also makes it impossible to deceive with any unauthenticated or artificial fingerprint • Ultrasound fingerprint sensors are capable of indentify the fingerprint with dust or residue on fingerprint sensing device. It is impossible to deceive ultrasound fingerprint sensors virtually • Although ultrasound fingerprint sensors overcome the drawback of optical fingerprint sensing devices. However, large size of scanners and expensive mechanical parts of ultrasound fingerprint sensing is expected to impact the revenue share during the forecast period • In ultrasound fingerprint sensors quality of identification depends on the extent of contact between the user’s finger and fingerprint sensing plate • Optical fingerprint sensors can withstand the temperature fluctuation to some extent and can provide the high quality image. Optical fingerprint sensors can provide image resolution up to 500 dpi • Optical fingerprint sensors market will grow at a compound annual growth rate of XX% to reach USD XX billion in revenue by 2024. Mechanical parts of fingerprint sensors are cost effective thus leading to the high adoption for identification purpose Sample Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

7. Global Area or Touch Fingerprint Sensors Market, 2016-2024 Sample Request Global Area or Touch Fingerprint Sensors Market Size (USD Billion)-2016-2024 Global Area or Touch Fingerprint Sensors Market Y-O-Y Growth (%) Analysis-2016-2024 Sample Source: Goldstein Research Source: Goldstein Research • Area or Touch Fingerprint Sensors industry was USD XX billion in 2016, expected to attain the growth rate of XX% over the forecast period and reach USD XX Billion by 2024. • North America Area or Touch Fingerprint Sensors market dominate owing to the largest adoption of smartphones followed by Europe with XX% market share in global Area or Touch Fingerprint Sensors market • Major drivers of area or touch fingerprint sensors market are high implementation in smartphones Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

8. Porter’s Five Force Model Sample Request Customer can easily switch to substitute biometric technology. So substitutes are a threat to existing market players. When there are actual and potential substitute products available then segment is unattractive. Profits and prices are effected by substitutes so, there is need to closely monitor price and demand trends. In substitute industries, if competition rises or technology modernizes then prices and profits decline. The Barriers to Entry are significantly high which means that it is difficult for new players to enter the industry. New entrant is require to offer the innovative and distinguish service or product in order to make place in the competitive space, only such a player tends to establish its market presence and obtain the necessary clearance from regulatory agencies and obtain the profit. Sample Threat of new entrants Bargaining Power of buyers Bargaining power of suppliers Threat of substitute biometric technology • Intensity of competition among the existing competitors in the market. Intensity of rivalry depends on the number of competitors and their capabilities. Industry rivalry is high when: • There are number of small or equal competitors and less when there’s a clear market leader. • Customers have low switching costs • Industry is growing • Exit barriers are high and rivals stay and compete • Fixed cost are high resulting huge production and reduction in prices The power of Buyers is significantly medium and they are not able to negotiate much for better pricing. However on the supplier side, the power of Suppliers is high as there are tech-giants and well established companies, for companies to compete on price when they do not have any point of differentiation. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

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