Post-COVID-19, the global fingerprint sensor market size is expected to grow from USD 3.0 billion in 2020 to USD 6.0 billion by 2025, at a CAGR of 15.2%
Post-COVID-19, the global fingerprint sensor market size is expected to grow from USD 3.0 billion in 2020 to USD 6.0 billion by 2025, at a CAGR of 15.2%. The growing use of fingerprint sensors in consumer devices for biometric authentication is one of the primary factors driving the market growth. Moreover, the emergence of biometric smartcards for BFSI applications will drive the demand for these products in the near future.
Post-COVID-19, the global fingerprint sensor market size is expected to grow from USD 3.0 billion in 2020 to USD 6.0 billion by 2025, at a CAGR of 15.2%
COVID-19 Impact on Fingerprint Sensor Market by Technology (Capacitive, Optical, Thermal and Ultrasonic), Application (Consumer Electronics, Banking & Finance, Travel & Immigration and Government & Law Enforcement) and Region - Global Forecast to 2025
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Greater emphasis on public safety monitoring and soaring need for patient screening and early detection are pushing the demand for more sophisticated touch-less biometrics technology. Driven by broadening application for identity verification, payments, transactions, and access control, global contactless biometrics technology market will grow exponentially at over 17% through 2030.