In-Display Fingerprint Sensors Market Report Analysis, Shar...| MENAFN.COM

Sunday, 05 February 2023 08:03 GMT

In-Display Fingerprint Sensors Market Report Analysis, Share, Size, Revenue, Growth Rate With Forecast Overview 2022-2031


(MENAFN- America News Hour)

“The report on
In-display Fingerprint Sensors Market
was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter's five forces.

Download Sample of This Strategic Report:

In-display Fingerprint Sensors Market: Overview
  • The global in-display fingerprint sensors market is expected to register a CAGR of ~ 35%
    (in terms of volume) between
    2022-2031
  • The rising adoption of smartphones across the globe is expected to boost the in-display fingerprint sensors market in the near future
  • The global in-display fingerprint sensors market is expected to reach
    US$ 2.5 Bn
    by
    2030

    from ~ US$ 350 Mn
    in
    2020
  • Asia Pacific holds a major share of the in-display fingerprint sensors market in terms of revenue and is anticipated to dominate the in-display fingerprint sensors market during the forecast period, followed by Europe and North America
  • Asia Pacific remains the leading region in the in-display fingerprint sensors market, with revenues in
    2020
    estimated at
    US$ 163 Mn
  • The in-display fingerprint sensors market in Middle East & Africa and South America are also projected to show moderate growth during the forecast period
In-display Fingerprint Sensors Market: Definition
  • The in-display fingerprint sensors market report provides analysis of the global in-display fingerprint sensors market for the period
    2018 – 2030,
    wherein
    2018
    is the historical year,
    2019

    is the base year, and
    2020 –
    2030

    is the forecast period
  • The study on the in-display fingerprint sensors market would help clients to understand the adoption analysis of in-display fingerprint sensors in different countries
  • Fingerprint sensors are used to authenticate individual fingerprints for unlocking smartphones, biometric devices, etc. in-display fingerprint sensors unlock smartphones by pressing the fingertip against the touchscreen.
  • In-display fingerprint sensors are expected to make a breakthrough this year. Vendors such as Samsung, LG, OPPO, Vivo, Xiaomi, and Huawei are likely to embed this technology, bringing the global fingerprint sensor penetration rate in smartphones to
    60%.
  • An increase in demand for smartphones and smart wearable, rise in the market penetration of bezel-less full screen smartphones, and technological advancements have augmented the demand for in-display fingerprint sensors. This is not only creating value for customers but also contributing significantly toward profitability of using in-display fingerprint sensors.
North America In-display Fingerprint Sensors Market: Snapshot
  • North America is a developed region and hence, innovations and new technologies are expected to be trends witnessed in the region over the next few years. North America holds a significant share of the global in-display fingerprint sensors market in
    2019 . For the same reason, North America is expected to witness highest opportunity addition in the in-display fingerprint sensors market.
Key Growth Drivers of the In-display Fingerprint Sensors Market
  • Integration of Fingerprint Sensors in Smartphones and Smart Wearable Devices

The demand for fingerprint sensors is likely to gain prominence over the next few years with the rise in consumer demand for full-screen smartphones, tablets, and other smart wearable devices. The development of fingerprint sensor technologies had been earlier restricted by low yield rate and insufficient investment from the supply chain. However, design houses have invested heavily to increase yield rates and seek more cost-effective solutions, with an increase in demand for fingerprint sensors from smartphone vendors such as Vivo.

The increasing penetration of smartphones has led to increased demand for advanced biometric locking systems. This has resulted in a rise in demand for fingerprint sensors. Smart devices are being used for almost every activity such as banking, purchases, bill payments, and even for mailing leading to an increased need for secure biometric authentication systems.

Thus, rise in the adoption of smartphones and smart wearable devices is likely to drive the growth of the in-display fingerprint sensors market in long run

  • Technological Advancements

Technological progress has a strong impact on the global in-display fingerprint sensors market. Future generations of in-display fingerprint sensors are likely to be equipped with advanced features such as one-touch high-resolution scanning through full cover glass, and sleek, button-free, bezel-free infinity displays. For instance, in
December 2017, Synaptics Incorporated announced mass production of its new Clear ID FS9500 family of optical in-display fingerprint sensors in partnership with a top five OEM. This sensor is protected with high-quality glass that is durable, waterproof, and scratch proof. In the same year in February, Goodix introduced its innovative biometric solutions for display. This was the world's first fingerprint sensor integrated into the AMOLED display of mobile devices. In
December 2018,
Qualcomm introduced a 3D ultrasonic in-display fingerprint sensor with advanced features. Rise in investments in research, and continuous technological advancements are projected to offer new opportunities to the in-display fingerprint sensors market.

Thus, technological advancements are expected to propel the demand for in-display fingerprint sensors in the long term.

Key Challenge Faced by In-display Fingerprint Sensors Market Players
  • Lack of awareness about security constraints is a major restraint for the in-display fingerprint sensors market
In-display Fingerprint Sensors Market: Competitive Landscape
  • In
    October 2018 , Apple introduced MacBook Air, its new T2 security chip. It helps in protecting the encryption keys, storage, secure boot features, and fingerprint data of a device.
  • In
    August 2017,
    Crucialtec Co., Ltd.
    introduced its display fingerprint solutions (DFS) with all five technologies required for high-quality, on-display fingerprint authentication: sensor integrated circuit (IC), module, algorithm, chip packaging, and mobile firmware. This would help the company meet the changing needs of consumers.
In-display Fingerprint Sensors Market: Company Profiles
  • Apple Inc.

Incorporated in
1976 , Apple, Inc. is engaged in the design, manufacture, and marketing of mobile communication, media devices, personal computers, and portable digital music players. It operates in the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The company sells software, services, accessories, networking solutions, and third-party digital content and applications. Its portfolio includes iPhone, iPad, Mac, Apple Watch, and Apple TV. It sells and delivers digital content and applications through the iTunes Store, TV App Store, App Store, Mac App Store, iBooks Store, and Apple Music.

  • Crucialtec Co., Ltd.

Incorporated in
2001 , Crucialtec Co., Ltd. is engaged in the manufacturing of mobile input solutions. The company operates through the following business divisions: mobile trackpad and mobile flash module. The mobile trackpad business offers biometric trackpad, fingerprint recognition sensor, and optical track pad, which is an optic-based input solution for touch and non-touch devices.

  • Qualcomm Incorporated

Incorporated in
1985 , Qualcomm Incorporated is a leading manufacturer of telecommunication equipment and semiconductors. It markets and designs wireless telecommunication products and services. The company is spread over 224 locations across the globe. It has
12,600
U.S. patents and pending patent applications for CDMA and related technologies.

  • Other major players operating in the global in-display fingerprint sensors market and profiled in the report include
    • Egis Technology Inc.
    • Fingerprint Cards AB
    • FocalTech Systems Co., Ltd.
    • Japan Display Inc.
    • J-Metrics Technology Co. Ltd
    • Samsung Electronics Co., Ltd
    • Shenzhen Goodix Technology Co., Ltd.
    • Silead Inc.
    • Synaptics, Inc.
    • Vkansee Technology Inc.
In-display Fingerprint Sensors Market – Scope of the Report

A latest study collated and published analyzes the historical and present-day scenario of the global in-display fingerprint sensors market, to accurately gauge its potential future development. The study presents detailed information about the important growth factors, restraints, and key trends that are creating the landscape for the future growth of the in-display fingerprint sensors market, to identify the opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the in-display fingerprint sensors market will progress during the forecast period 2022
– 2031.

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