According to a new market research report published by Credence Research, the global market for in-display fingerprint sensors had a market value of US$ 672.7 million and was set to expand with CAGR by 20.4% throughout the forecast period.
The overall In-display fingerprint sensors market is set to witness immense growth over the forecast period owing to rise in safety concerns across smartphone users worldwide. In recent years, with continuous evolution of smartphones and increasing demand for online and mobile payments, in-display fingerprint sensors based personal identification technology proved its advantages with convenience and security. Presently, smartphone manufacturers are primarily focusing on to shrink bezels around the screen. Fingerprint sensors used to unlock smartphones and to access sensitive personal content. Nowadays, several smartphone manufacturers are incorporating these sensors into the display, as the technology is quite unique from the traditional sensor. Vivo Communication Technology Co. in January 2018. Ltd. launched the first fingerprint scanner smartphone on the display. Two separate versions, one from Synaptics and the other from Goodix Technology Inc., were supplied for the in-display fingerprint scanner on the VIVO X21 UD smartphone.
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Overall market segmented in-display fingerprint sensors based on sensing technology. The market led by capacitive in-display fingerprint sensors represents more than 1/3 of the total market value. Capacitive scanners are one of the most commonly used in-display scanners on smartphones. Alternatively, to create a traditional fingerprint image, capacitive fingerprint scanners use arrays of tiny capacitor circuits to generate fingerprint data. Capable technology projected to continue trickling down to lower price points pertaining to the penetration of high-end smartphones, enabling a wide range of navigation and swipe features using fingerprint scanners. Asia Pacific expected to be the fastest growing market for in-display fingerprint sensors across the forecast period, primarily due to rapidly growing production of smartphones. Overall smartphone shipments in Asia Pacific reached at 732 Mn units in 2018, from 301.2 Mn units in 2017.
Major players in the in-display fingerprint sensors market include Qualcomm Inc., Fingerprint Cards AB, Fortsense, Synaptics, Goodix Technology, Egis Technology Inc., SecuGen Corporation, Touch Biometrix Ltd., Suprema and NEC Corporation among others. In-display fingerprint sensors manufacturers are adopting numerous strategies to burgeon in the volatile market environment. These key players are aiming at technological development and distinguishing their product portfolio through unique value propositions to sustain their market place. For instance, in February 2019, Qualcomm Technologies, Inc. announced the launch of 3D Sonic Sensor that power first ultrasonic fingerprint reader on smartphones. Similarly, 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.
Report Scope by Segments
By Sensing Technology Type Segment
- Optical In-display Fingerprint Sensors
- Ultrasonic In-display Fingerprint Sensors
- Capacitive In-display Fingerprint Sensors
By Geography Segment
- North America (U.S., Rest of North America)
- Europe (U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, Japan, India, Rest of Asia Pacific)
- Rest of the World (Middle East & Africa, Latin America)
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