Global Fingerprint Sensors to Show Double-Digit Growth, According to Stratistics MRC Report Published at MarketPublishers.com07 Feb 2017 • by Natalie Aster
LONDON – As of 2015, a value of the world’s market for fingerprint sensors stood at just under USD 3 billion. This marketplace is set to showcase tremendous growth in the upcoming years, with its CAGR being over 17%.
Such swift growth will be ignited by an array of factors: the rising demand for the sensors in security checks in airports, a rise of electronic devices, and more.
There are some restraints, too. Insufficient awareness pertinent to security rudiments and the smart phone complexity are some of them.
Mobile devices are set to dominate the market space thanks to the upsurge of the demand for secure mobile devices, growth in mobile expenses as well as rising protection concerns.
Region-wise, APAC is forecast to be the largest marketplace globally. It will be also the swiftest growing one, too, with its growth supported by growth in the consumer electronics sector.
Cyber-SIGN, Egis Technology Inc., Synaptics and Goodix Ltd. are some of major companies in the worldwide space.
Insightful research report “Fingerprint Sensors - Global Market Outlook (2016-2022)” drawn up by Stratistics MRC Pvt Ltd offers a comprehensive discussion of the global market for fingerprint sensors. The study provides a 360-degree overview of this space.
It thoroughly analyzes drivers and restraints of the worldwide marketplace. The report throws light on opportunities and threats of the market. The research study covers technologies, applications and emerging markets.
It contains the Porter’s five forces analysis. The research report examines the world’s market on the basis of materials, sensor types and technologies. The study highlights major regions and countries.
It scrutinizes key developments in this space. The report profiles leading companies (19 in total). Future outlook for this market up to 2022 is on hand in the research study, too.
More cutting-edge reports by our partner can be found at its page.