Fingerprint Sensor Market is projected to cross $14.35 Billion by 2020 - New Report by MarketsandMarkets
(PRWEB) December 05, 2014 -- The global fingerprint sensors market report, a culmination of extensive primary and secondary research, provides the size of the global market in terms of revenue and forecasts for the duration from 2014 to 2020. The report analyzes the global market and presents detailed insights of the market by material, type of sensor, application, and geography. Besides, a detailed analysis on the drivers, restraints, and opportunities of the market is also presented.
The fingerprint sensors are having wide application not only in mobiles but also in areas such as government, criminal identification, defense, travel and migration, banking and finance, healthcare, smart homes, and commercial security.
Browse more than 190 market data tables and 108 figures spread through 502 pages and in-depth TOC on "Fingerprint Sensors Market - Global Trends & Forecasts to 2014 - 2020"
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Major smartphone manufacturers such as Apple, Samsung, HTC, Motorola (owned by Google), and LG, among others have already started their production and some are planning to start the production of fingerprint sensor incorporated smartphones. It is even predicted that though the fingerprint technology is currently integrated in high end smartphones, but by the second quarter of 2015, it is also expected to enter into cheaper smartphones. The same trend is followed in the tablets market. Major tablet manufacturers, especially Samsung, have confirmed the launch of fingerprint technology in their upcoming tablet range. With this news, there is a clear atmosphere in the industry that fingerprint technology is not a far future and soon will be a common feature in the mobile devices.
The leading companies in the fingerprint sensors market covered in the report are AuthenTec Inc. (owned by Apple, Inc.), Synaptics (U.S.), Fingerprint Cards AB (Sweden), IDEX ASA (Norway), Next Biometric (Norway), Atmel Corporation (U.S.), Fujitsu Ltd (Japan), BIO-key International Inc. (U.S.), 3M (U.S.), Infineon TechnologiesAG (Germany), and Fulcrum biometrics (U.S.), among others.
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