Market Size of Display Fingerprint Technology Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 21.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Display Fingerprint Technology Market Analysis
The display fingerprint technology market is expected to register a CAGR of 21% during the forecast period of 2021 - 2026. According to Credit Suisse Group AG, there was 67% penetration of smartphones with the fingerprint sensors globally in 2018. This was due to the convenience and intuitive use from the users.
- With the decreasing prices, the in-display fingerprint sensor has become part of the standard equipment for android phones at a cheaper rate. With the increasing demand for fingerprint sensors from smartphone vendors like Vivo, who manufacturers low budget smartphones on, it is expected that it will have a positive impact on the global display fingerprint technology market.
- Further, according to the American Ceramic Society, the mobile phone user checks the device 47 times per day; once every 20 minutes while they are awake. Therefore, increasing demand for convenience is expected to be another significant factor in driving the adoption of in-display fingerprint technology in smartphones.
- For instance, in February 2019, Footprint Cards AB announced the launch of optical in-display fingerprint sensor that expected to deliver superior image quality which leads to higher biometric performance.
- However, currently, the in-display fingerprint sensors are comparatively slow compared to conventional fingerprint sensor which might restrain the market for a few years. But, the technological advancements in this field is expected to generate new opportunities during the studied period.
Display Fingerprint Technology Industry Segmentation
The display fingerprint technology is used to give authentication to the user through capturing biological features of the fingerprints and then compares it with the biometric template stored in the Overall display fingerprint technology market segmented based on sensing technology database. The under, on, and in-display sensor location are considered in this report.
By Product Type | |
Mobile | |
Notebook | |
Tablet |
By Type | |
Optical | |
Ultrasound |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Rest of the World |
Display Fingerprint Technology Market Size Summary
The display fingerprint technology market is poised for significant growth, driven by the increasing integration of in-display fingerprint sensors in smartphones. This technology has become a standard feature in many Android devices, largely due to its affordability and the growing demand for user-friendly security solutions. The market is further bolstered by the rising penetration of smartphones equipped with fingerprint sensors, particularly in regions like India and China, where price-sensitive consumers are attracted to brands like Vivo and Oppo. These companies are leveraging the technology to enhance their market presence, supported by government initiatives promoting local manufacturing, which presents lucrative opportunities for display fingerprint technology vendors.
The competitive landscape of the display fingerprint technology market is moderately concentrated, with key players such as Qualcomm Technologies, Footprint Cards AB, and Shenzhen Goodix leading the charge in technological advancements and product differentiation. Despite challenges like slower sensor speeds compared to conventional options, ongoing innovations, such as Qualcomm's 3D Sonic Sensor and Footprint Cards' optical sensors, are expected to drive market expansion. The introduction of in-display fingerprint scanners by major brands like Apple is anticipated to further enhance the market's outlook, particularly in developing nations where demand for optical under-display sensors is on the rise.
Display Fingerprint Technology Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Introduction to Market Drivers and Restraints
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1.3 Market Drivers
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1.3.1 Increasing Demand for Ease of Convenience to use the Device
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1.3.2 Increasing Security Awareness
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1.4 Market Restraints
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1.4.1 In-display Fingerprints are Comparatively Slow Compared to Conventional Fingerprint Sensors
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1.5 Industry Value Chain Analysis
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1.6 Industry Attractiveness - Porter's Five Force Analysis
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1.6.1 Threat of New Entrants
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1.6.2 Bargaining Power of Buyers/Consumers
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1.6.3 Bargaining Power of Suppliers
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1.6.4 Threat of Substitute Products
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1.6.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Mobile
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2.1.2 Notebook
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2.1.3 Tablet
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2.2 By Type
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2.2.1 Optical
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2.2.2 Ultrasound
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2.3 Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 Rest of the World
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Display Fingerprint Technology Market Size FAQs
What is the current Display Fingerprint Technology Market size?
The Display Fingerprint Technology Market is projected to register a CAGR of 21% during the forecast period (2024-2029)
Who are the key players in Display Fingerprint Technology Market?
Fingerprint Cards, NEC Corporation, Qualcomm Incorporated, Shenzhen Goodix and Synaptics Incorporated are the major companies operating in the Display Fingerprint Technology Market.