A recent report published by Infinium Global Research on the in-display fingerprint sensors market provides an in-depth analysis of segments
and sub-segments in the global as well as regional in-display fingerprint
sensors market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional in-display fingerprint sensors
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global in-display
fingerprint sensors market. According to the report, the global in-display the fingerprint sensors market is projected to grow at a CAGR of 6.5% over the
forecast period of 2020-2026.
In recent years, fingerprint sensors are
being used in several applications such as mobile devices, smart home,
automotive products and, biometric devices for unlocking, identity verification, and access control. Moreover, most of the smartphones currently launched in the
market incorporate in-display fingerprint sensors for better protection and
faster access. The main features offered by the in-display fingerprint sensor
comprise of flexibility and anti-spoofing. However, the current concerns over
the spread of coronavirus are likely to lower the demand for in-display
fingerprint sensors in the global market as the demand for smartphones is
expected to fall considerably. In addition, supply disruptions in emerging
countries such as India and China are anticipated to impact the growth of the
Moreover, as manufacturers procure a large
number of electronic components such as sensors from China, severe supply
disruptions are also likely to be witnessed in the market as the country has
closed its borders for trade. However, over the latter half of 2020, most companies will
resume production and fulfillment of sales thereby bridging the gap between
demand and supply. Although the demand is likely to remain flat for the latter
half of the year due to the loss of purchasing power among the consumers, their
market is expected to gain momentum as the economy recovers gradually.
Growing population, increasing smart phone
users and internet penetration are the key driving factors for the growth of
In-display fingerprint sensors Market. Major smartphone manufacturers are
featuring in-display fingerprint sensors in their new offerings and creating
value for customers. In addition, the continuous emphasis on biometric
authentication techniques will boost the demand for in-display fingerprint
sensors. Furthermore, innovations in a fingerprint sensor, increasing need for
user authentication along with growing demand for smart wearable are some other
key driving factors for the growth of this market. However, both the
optical-type and ultrasonic sensors are inherently slower and have a higher
error rate than the capacitive ones which may hamper the growth of the market.
Nonetheless, in-display fingerprint sensors market is expected to witness
enormous growth over the forecast period owing to growing safety concerns among
smartphone users and the rising number of online and mobile payment users.
Geographically, Asia Pacific held the largest share in In-display
fingerprint sensors market in 2019. India and China are the key revenue
generating countries in the Asia Pacific region. Factors such as the increasing number of smartphone users, rising demand for advanced biometric locking
systems, and adoption of fingerprint systems in smartphones by major key players
will increase demand for the In-display fingerprint sensors market in this region.
However, North America will witness a rapid growth in the market owing to rapid
technological advancement in the region. Moreover, major key players focusing
on resource investment for the improvement of other scanning technologies are
expected to escalate the demand for the in-display fingerprint sensors over the
The report on global in-display fingerprint sensors market covers
segments such as sensing technology type, and device. On the basis of sensing
technology type, the sub-markets include an optical in-display fingerprint sensor,
ultrasonic in-display fingerprint sensor, and capacitive in-display fingerprint
sensor. On the basis of device, the sub-markets include smartphone, tablet,
biometric device, and others.
The report provides profiles of the companies in the market such
as Apple Inc., Qualcomm Incorporated, Crucialtec Co., Ltd., Fingerprint Cards
AB, Synaptics Inc., SecuGen Corporation, Touch Biometrix Ltd., NEC Corporation,
Egis Technology Inc., and Samsung Electronics Co., Ltd.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of in-display
fingerprint sensors market. Moreover, the study highlights current market
trends and provides forecast from 2020-2026. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.