Fingerprint Module Market Size, Share, Growth, Outlook, and Opportunity Analysis, Forecast 2018 - 2026

                                                                              
A fingerprint sensor is a biometric security system component that scans a person's fingerprints, which are then used to authenticate their identity.

                  Fingerprint Module Market


A fingerprint sensor is a biometric security system component that scans a person's fingerprints, which are then used to authenticate their identity. It takes high-contrast fingerprint images, converts them to digital code, and stores them as fingerprint minutiae. The fingerprint sensor is quick, dependable, convenient, and inexpensive, and it can be seamlessly integrated into a variety of devices. As a result, it is used in the consumer electronics, government and law enforcement, aerospace, healthcare, defence and military, banking, financial services and insurance (BFSI), travel, and immigration industries all over the world.

A significant shift away from traditional authentication methods such as passwords and toward biometric technology to reduce losses from banking fraud is a key trend characterising the growth of the fingerprint module market. This technology is being used by credit unions, banks, and financial services firms to improve security and convenience in modern banking. Even during the coronavirus pandemic, strong demand for consumer electronics such as smartphones and tablets will broaden the fingerprint sensor application scope in the coming years.

Factors such as the widespread use of fingerprint sensors for biometric authentication in consumer electronics, the increased adoption of biometric authentication in government buildings, the rise in the number of identity threats, and the emergence of touch-less fingerprint technologies are major drivers of global fingerprint module market growth. However, security threats to biometric databases and the high cost of biometric technologies are expected to pose significant threats to the market. Furthermore, emerging trends toward IoT-based biometric technology, as well as an increase in the adoption of in-display fingerprint sensors in smartphones, are expected to provide lucrative opportunities globally.


Market Segmentation:

On the basis of product type
  • Fingerprint readers
  • Fingerprint scanners

On the basis of end users
  • Banks
  • Government organization
  • Telecommunication firms
  • Hospitals
  • IT Industry
  • Others

On the basis of devices
  • Smart phones
  • Tablet pc
  • Laptops
  • multimodal biometric readers
Some major companies of the global fingerprint module market are Bioenable technologies pvt ltd, Cross Match Technologies, Inc, Fingerprint Cards AB, Fulcrum Biometrics, LLC, HID Global, Suprema HQ, 360 Biometrics, Futronic Technology Company Limited, Liteon, Shenzhen CAMA Biometrics Co., Ltd.

Comments

Post a Comment

Popular posts from this blog

Molecular Sieves Catalyst Market: Global Company Analysis and Forecast 2018 – 2026 | Albemarle Corporation, W. R. Grace and Company, Silkem Ltd., Sinopec Group, and JGC Catalysts & Chemicals Ltd.

Image
The material having tiny uniformly sized holes is known as a molecular sieve. Angstroms or nanometers are the units of measurement for molecular sieves (nm). Microporous (2 nm), macroporous (50 nm), and mesoporous molecular sieves are all available (2 nm- 50 nm). Zeolites, crystalline alumino-silicates, are used to make Molecular Sieves. Three-dimensional pore systems were used to describe molecular sieves crystals, and the identical crystals were recognised as a group. Commercially available absorbents are basic Molecular sieves kinds A and X. As absorbents for fluids, molecular sieves are utilised (gas and liquids). Fluids can be separated using molecular sieve absorbents based on their size and polarity. When it comes to hydrocarbons, there are a number of factors to consider. Molecule sieve absorbents may separate liquids based on their molecular size and polarity. Straight molecules fit into pores and are absorbed in the case of hydrocarbon parafines. The branching molecules are
Read more

Biolubricants Market Size, Share, Growth, Opportunities, Global Analysis and Opportunity Assessment 2019 – 2027

Image
                                                                                                   Biolubricants Market Chemical modifications of plant-based oils, such as epoxidation, transesterification, and esterification processes, are used to make bio-lubricants. These lubricants are commonly used to decrease friction between various surfaces. Bio-lubricants are used in heavy machinery such as railroad flanges, chainsaw bars, and two-stroke engines because they are non-toxic, eco-friendly, bio-degradable, and renewable. Aside from that, they are less expensive to use and have various advantages over synthetic and mineral oil-based lubricants. Currently, technical improvements, together with increased research and development (R&D) activities by major partners, are opening up new bio-lubricant application possibilities. Over the forecast period, the worldwide Biolubricants Market is expected to rise due to rising demand for sustainable alternatives to petroleum-based lubrican
Read more

Shared Services Market by Function, By Number of Services and By Region – Global Opportunities & Forecast 2019 - 2027

Image
                                                 Shared Services Market Shared services are a specialised entity that focuses on specific business operations and includes procedures, people, and technologies. It's set up as a single point of contact for servicing and delivery. These functions, which are supported by IT and IT services, cater to the needs of various business divisions inside the company. Shared services can include a wide range of IT procedures and business tasks, as well as originate from a variety of physical locations. The global Shared Services Market is expected to grow in response to the rapidly expanding need for cost-effective treatment modalities and the rethinking of the old pharmaceutical R&D paradigm. Due to a growth in the number of agreements in the Shared Services Industry throughout the public and private sectors, the market is likely to develop quickly. The Global Shared Services Market research offers a comprehensive analysis of the industry.
Read more