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Global Biometric Sensor Marke


Global Biometric Sensor Market is projected to be valued $1.8 Billion by 2024; with a CAGR of 9.6% from 2017 to 2024. A biometric sensor is a transducer that converts a biometric treat of a person into an electrical – PowerPoint PPT presentation

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Title: Global Biometric Sensor Marke

Global Biometric sensors Market 2018 2025
  • Published By
  • Accurize Market Research

Global Biometric sensors Market is Estimated to
Reach 1.8 Billion by 2024, Says Accurize Market
  • Global biometric sensors market report published
    by Accurize Market Research forecast that the
    global market is expected to reach 1.8 billion
    by 2024 growing at a CAGR of 9.6 from 2017 to
    2025. By geography, Asia Pacific and North
    America are expected to grow at a CAGR of XX and
    XX, respectively, during the forecast period.
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  • Increasing demand for fingerprint identification
    in Smartphones, tablets, and other electronic
    devices across the globe to drive the growth of
    the market
  • Increasing demand for fingerprint identification
    in Smartphones, tablets, and other electronic
    devices fuels the demand for the global biometric
    sensors market. Moreover, various innovative
    features such as light weight and compact design
    also boost the growth of the market.
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Market Segmentation
  • The global biometric sensors market has been
    bifurcated on the basis of type, application,
    end-user and geography.
  • By type, the global biometric sensors market is
    further segmented into thermal sensors,
    ultrasound sensors, capacitive sensors, optical
    sensors, and electric field sensors.
  • By application, the market is classified into
    hand scan, finger scan, voice scan, vein scan,
    iris scan, facial scan, and others.
  • By end user, the market is bifurcated into
    consumer electronics, defense security, medical
    research labs, commercial centers buildings,
    banking financial services, and others.
  • By geography the market is segmented into North
    America, Europe, Asia-Pacific and Rest of the
    World (RoW).
  • The U.S., Mexico and Canada are covered under
    North America wherein Europe covers UK, France,
    Germany, and others. Asia-Pacific covers China,
    India, Japan, Taiwan, South Korea, and others.
    RoW covers South America, Middle East and Africa

  • Finger scan accounted for the largest market
    share in the application segment", says Accurize
  • By application segment, finger scan accounted
    for the largest market share in the overall
    application segment in 2017, driven by rise in
    demand for data security and growth in cases of
    identity theft. However, the voice scan segment
    is anticipated to attain the fastest CAGR during
    the forecast period 2017-2025.
  • Furthermore, commercial centers buildings
    dominated the end user segment accounting for
    around one-third of the global market share in

  • Asia-Pacific dominated the global market with
    the highest market share over the forecast
    period", says Accurize
  • In 2017, Asia-Pacific accounted for the largest
    market share of 34.2 in 2017, owing to rise in
    adoption of biometric sensors across various
    industries such as, IT telecommunication,
    banking, financial sector and others.
  • North America accounted for the second largest
    market share of 28.8, driven by technological
    advancement and rising application of biometric
    technology in commercial sectors and
    international airports.
  • In terms of growth, RoW is expected to attain the
    fastest CAGR of 11.9 during the forecast period
  • The growth would be primarily seen due to the
    increasing penetration of Smartphones and other
    biometric based electronics devices in countries
    such as Japan, China, and India.

Top players in the market
  • The key market players include
  • Precise Biometrics Ab
  • Infineon Technologies AG
  • Suprema Inc.
  • Fulcrum Biometrics
  • NEC Corporation
  • Safran
  • 3M
  • ZKTecoInc
  • CrossMatch Technologies Inc. and
  • IDEX ASA among others.

Contact Us
  • Accurize Market Research Pvt. Ltd.
  • PUNE-411057
  • Email
  • Contact No 1-339-368-6383