2. MARKET DEFINITION
Fingerprint Sensor Market Size was valued at USD 7.5 billion by 2028, and it was
valued at USD 3.6 billion in 2021, and grow at a CAGR of 11.1% over the forecast period
2022-2028.
Fingerprint sensor is part of a biometric security system that scans a person's
fingerprints and is used to verify identity. It takes pictures of vivid fingerprints, converts
them into digital code, and saves them as minutiae fingerprints. Fingerprint sensor is
fast, reliable, convenient, affordable, and can be seamlessly integrated into a variety of
devices. As a result, it finds use in consumer electronics, government and law, aerospace,
healthcare, defense, military, banks and any other financial and insurance, as well as
tourism and international travel sectors.
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4. Market Dynamics
• Increased identity threats leading to the
development of fingerprint technologies.
KEY DRIVERS
• Increased use of replacement technology, such
face- and iris-scanning.
RESTRAINTS
• oT-based biometric technology is being adopted
more widely.
• Biometric smartcards are becoming more
common in BFSI applications.
OPPORTUNITY
5. MARKET SEGMENTATION
By Vehicle Type
ØPassenger Cars
ØCommercial Vehicles
By Electric Vehicle Type
ØHEV (Hybrid Electric Vehicle)
ØPHEV (Plug-in Hybrid Electric
Vehicle)
ØBEV (Battery Electric Vehicle)
By Installation
ØThird-party service (TPS) e-Call
ØStandard e-Call
By Triggered Mode
ØAutomatic e-Call System
ØManual e-Call System
8. About US
SNS Insider is a market research company that helps clients looking to grow by giving them
strategies based on facts. With our headquarters in India, we've grown to help our clients find new
ways to grow all over the world.
We offer our clients an integrated data and research solution drawing on the company’s three
core competencies:
1. Syndicate 2. Custom 3. Consulting
Our staff of Field Interviewers takes care of the whole research process, from getting the first-
hand information to writing the final report. Our researchers and analysts work together to look
at all of the data and results of a study. SNS has built a proprietary market size model for every
business sector on our custom-built data platform. Our consultants also help clients figure out
how to use the results and suggestions of research in their own businesses.
9. Contact Us
Akash Anand
Head of Business Development &
Strategy
info@snsinsider.com
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