Fingerprint Sensors Market Analysis and Value Forecast by End-use Industry 2014 - 2020: FMI Estimate

Fingerprint Sensors Market Analysis and Value Forecast by End-use Industry 2014 - 2020: FMI Estimate

A fingerprint sensor captures extract biological features of the finger prints in the form of the live scan and compares it with existing biometric template stored in the database. Fingerprint sensors are used to provide authentication and authorization to the individual. Finger print sensors are most commonly used biometric authentication system for commercial securities. Fingerprints provide reliable, fast and easy access to personal contact details, payment information, mails, location data and other form of encrypted data to authenticated person. Fingerprint sensors are now increasingly used in consumer electronics like smartphones, tablets and laptops and are expected to drive future market.

The fingerprint sensors offer many advantages such as – wide acceptance, security, reliability and ease of access. Fingerprint sensors also facilitate easy record keeping and management to attendance portals. The fingerprint sensors are comparatively less costly as compared to other biometric authentication systems. They are easy to install and train people for using fingerprint sensors. On other hand, fingerprint sensors suffer from some technical problems related to false rejection and conditional physical disability.

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Fingerprint Sensor Market Dynamics
The factors that drive the global fingerprint sensor market are - need for easy, simplified and secure user access to data & services and increasing demand for biometric identification and authorization along different areas. The high market growth of consumer devices like smartphone, tablets etc. demand use of fingerprint sensors to maintain privacy and security of data and access. Internet based online and mobile commerce options has further enhanced the demand for fingerprint sensors globally. On the other side, factors such as lack of awareness about security essentials & constraints and complexity of integration of...

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