Market Overview:
The global fingerprint reader market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for biometric authentication solutions across different applications, such as company attendance, security, bank transactions, and others. In addition, the growing adoption of USB type fingerprint readers is also contributing to the growth of this market. However, lack of standardization and interoperability among different vendors’ products may restrain the growth of this market during the forecast period.
Product Definition:
A fingerprint reader is a device that uses optical scanning to identify individuals by reading the patterns of ridges on their fingertips. Fingerprint readers are used in security systems, where they are employed as a means of identification and authentication.
USB Type Fingerprint Reader:
Fingerprint reader is a device that can read and identify the unique print of a person by using their fingerprints. It provides more security as compared to traditional password or pin code. The technology was first introduced in the mobile market, where it was used for authentication purposes only; however, now it is being used in various devices such as tablets, laptops and desktops, smartphones among others.
Integration Fingerprint Reader:
Integration fingerprint reader is a new technology that combines the features of an optical scanner and a touch sensor into one device. It helps in providing enhanced security to users as it can verify their identity without entering any personal information. The technology also provides high accuracy, reliability, and speed during the verification process which makes it more secure than traditional methods such as passwords or tokens.
Application Insights:
The company attendance application segment accounted for the largest market share in 2017 and is projected to grow at a steady CAGR over the forecast period. The use of fingerprint readers for company attendance management has become necessary as more organizations adopt biometric authentication solutions. This will help companies in reducing paper work and improving employee productivity.
The use of fingerprint readers for security applications is becoming common day to day, however, companies are still trying to understand the potential threat that these devices pose to users and their data. As a result, there are some regulations imposed by government agencies on businesses related to this matter which they needto follow otherwise they may face legal action from privacy advocates or even hackers themselves.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of prominent players such as AuthenTec, Inc.; Clear.ID; and BioConnect Corporation. The U.S.-based companies are engaged in providing fingerprint readers for various applications including government, education, healthcare, retail and others. Moreover, these companies also provide related services such as digital fingerprinting solutions and mobile application development to other countries across the globe through their sales channels or by collaborating with local distributors/resellers.
Asia Pacific is expected to emerge as a lucrative region for global fingerprint reader manufacturers over the forecast period due to increasing adoption of biometric technologies across several sectors including banking & financial services (BFS), government & defense (DPS), telecom sector among others in China.
Growth Factors:
- Increasing demand for security and safety measures in various industries
- Growing awareness about the benefits of fingerprint readers
- Rising demand for biometric authentication systems
- Proliferation of mobile devices and increasing use of fingerprint recognition technology in them
- Technological advancements that have made fingerprint readers more accurate and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Fingerprint Reader Market Research Report
By Type
USB Type Fingerprint Reader, Integration Fingerprint Reader
By Application
Company Attendance, Security, Bank, The Traffic, Other
By Companies
BioLink Solutions, CIRCONTROL SA, Impro Technologies, Bormann EDV+Zubehör, Grupo SPEC, LS Industrial Systems, PRO-FACE, Samsung Techwin, STID
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Fingerprint Reader Market Report Segments:
The global Fingerprint Reader market is segmented on the basis of:
Types
USB Type Fingerprint Reader, Integration Fingerprint Reader
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Company Attendance, Security, Bank, The Traffic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BioLink Solutions
- CIRCONTROL SA
- Impro Technologies
- Bormann EDV+Zubehör
- Grupo SPEC
- LS Industrial Systems
- PRO-FACE
- Samsung Techwin
- STID
Highlights of The Fingerprint Reader Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- USB Type Fingerprint Reader
- Integration Fingerprint Reader
- By Application:
- Company Attendance
- Security
- Bank
- The Traffic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fingerprint Reader Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fingerprint reader is a hardware device that can be used to identify users by scanning their fingerprints.
Some of the major companies in the fingerprint reader market are BioLink Solutions, CIRCONTROL SA, Impro Technologies, Bormann EDV+ZubehƒÂ¶r, Grupo SPEC, LS Industrial Systems, PRO-FACE, Samsung Techwin, STID.
The fingerprint reader market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fingerprint Reader Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fingerprint Reader Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fingerprint Reader Market - Supply Chain
4.5. Global Fingerprint Reader Market Forecast
4.5.1. Fingerprint Reader Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fingerprint Reader Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fingerprint Reader Market Absolute $ Opportunity
5. Global Fingerprint Reader Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fingerprint Reader Market Size and Volume Forecast by Type
5.3.1. USB Type Fingerprint Reader
5.3.2. Integration Fingerprint Reader
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fingerprint Reader Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fingerprint Reader Market Size and Volume Forecast by Application
6.3.1. Company Attendance
6.3.2. Security
6.3.3. Bank
6.3.4. The Traffic
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fingerprint Reader Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fingerprint Reader Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fingerprint Reader Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fingerprint Reader Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fingerprint Reader Demand Share Forecast, 2019-2026
9. North America Fingerprint Reader Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fingerprint Reader Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fingerprint Reader Market Size and Volume Forecast by Application
9.4.1. Company Attendance
9.4.2. Security
9.4.3. Bank
9.4.4. The Traffic
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fingerprint Reader Market Size and Volume Forecast by Type
9.7.1. USB Type Fingerprint Reader
9.7.2. Integration Fingerprint Reader
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fingerprint Reader Demand Share Forecast, 2019-2026
10. Latin America Fingerprint Reader Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fingerprint Reader Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fingerprint Reader Market Size and Volume Forecast by Application
10.4.1. Company Attendance
10.4.2. Security
10.4.3. Bank
10.4.4. The Traffic
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fingerprint Reader Market Size and Volume Forecast by Type
10.7.1. USB Type Fingerprint Reader
10.7.2. Integration Fingerprint Reader
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fingerprint Reader Demand Share Forecast, 2019-2026
11. Europe Fingerprint Reader Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fingerprint Reader Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fingerprint Reader Market Size and Volume Forecast by Application
11.4.1. Company Attendance
11.4.2. Security
11.4.3. Bank
11.4.4. The Traffic
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fingerprint Reader Market Size and Volume Forecast by Type
11.7.1. USB Type Fingerprint Reader
11.7.2. Integration Fingerprint Reader
11.8. Basis Point Share (BPS) Analysis by Type
11.9.Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fingerprint Reader Demand Share, 2019-2026
12. Asia Pacific Fingerprint Reader Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fingerprint Reader Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fingerprint Reader Market Size and Volume Forecast by Application
12.4.1. Company Attendance
12.4.2. Security
12.4.3. Bank
12.4.4. The Traffic
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fingerprint Reader Market Size and Volume Forecast by Type
12.7.1. USB Type Fingerprint Reader
12.7.2. Integration Fingerprint Reader
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fingerprint Reader Demand Share, 2019-2026
13. Middle East & Africa Fingerprint Reader Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fingerprint Reader Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fingerprint Reader Market Size and Volume Forecast by Application
13.4.1. Company Attendance
13.4.2. Security
13.4.3. Bank
13.4.4. The Traffic
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fingerprint Reader Market Size and Volume Forecast by Type
13.7.1. USB Type Fingerprint Reader
13.7.2. Integration Fingerprint Reader
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fingerprint Reader Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fingerprint Reader Market: Market Share Analysis
14.2. Fingerprint Reader Distributors and Customers
14.3. Fingerprint Reader Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BioLink Solutions
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CIRCONTROL SA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Impro Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bormann EDV+Zubehör
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Grupo SPEC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LS Industrial Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PRO-FACE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Samsung Techwin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. STID
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
