Europe Fingerprint Sensor Market – Industry Analysis and Market Forecast (2019-2026)

Europe Fingerprint Sensor Market is expected to reach USD XX Billion by 2026 from USD XX Billion in 2018 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Europe Fingerprint Sensor Market A fingerprint scanner is a special type of technology that is used for identifying and authenticating the fingerprints of an individual for granting or denying access to a computer normal system or a physical facility. These are a kind of biometric security technology that utilizes the mixture of hardware and software techniques for identification of the fingerprint scans of an individual. These fingerprint scanner usually works using first recording fingerprint scans of entire authorized individuals for usage in a particular system or facility. Europe fingerprint sensor market is divided into type, technology, material, and application. Based on the type, the market is segmented into area & touch sensors, and swipe sensors. The technology segment of the market comprises optical sensing technology, capacitive and RF capacitive sensing technology, and other sensing technologies. On the basis of material, the market includes pyroelectric material (lithium tantalate), coating material, Piezeoelectric material (quartz), and adhesives. Government & law enforcement, military, defense, & aerospace, banking & finance, consumer electronics/mobile devices, travel & immigration, smart homes, healthcare, and commercial are the various application areas considered under the scope of the report. Fingerprint scanners nowadays are a common sight across smartphones and laptops. A tap of a finger can help suffice the identity of credit card shoppers as well as the rail commuters, which further offers new areas of business related to specialist companies that have immensely benefited from the application of these technologies in smartphones. The usage of this technology offers superior security and simplicity as compared to techniques the pin codes are used for confirming identification. Countries such as the UK have already started implementing it, as the police in the UK have started using a normal mobile fingerprinting system, which lets them check the real identity of an unknown person in lesser than a minute. Normally these fingerprints are collected on the street which will then be compared against the available 12 million records that are contained in the national criminal as well as the immigration fingerprint databases. In case a match is found, it will return with the individual’s name or date of birth along with other identifying information. The USB fingerprint scanner is also widely used in European countries for fingerprint recognition, verification, authentication & other scanning applications. Europe has numerous companies that are keen on the growth of the consumer electronics sector. UK, Germany, and France are a few key countries that are contributing to the overall development of the Fingerprint Sensor market in Europe. The rise in security issues along with growing compatibility and application of these sensors for identification purpose remains some of the major reasons that have boosted the growth of this market. Key Highlights: • Europe Fingerprint Sensor market size analysis and forecast • Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Europe Fingerprint Sensor market • Europe Fingerprint Sensor Market segmentation on the basis of type, technology, material, application, and geography • Europe Fingerprint Sensor Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of a study • Europe Fingerprint Sensor Market analysis and forecast for major countries has been provided. • Profiling of key industry players, their strategic perspective, and analysis of core competencies • Competitive landscape of the key players operating in the Europe Fingerprint Sensor Market including competitive developments, investments, and strategic expansion Research Methodology: The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get the unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the market value for Europe Fingerprint Sensor Market

Some of the key players of the Europe Fingerprint Sensor market include:

• Fingerprint Cards AB • Idex ASA • Thales SA • Dermalog Identification Systems GmbH • Jenetric GmbH • NuData Security • Ita • Id3 technologies • Morpho • zkteco Key Target Audience: • Raw material vendors • Original equipment manufacturers • Biometric system providers • Fingerprint sensor manufacturers • End-users/enterprise-users • Research institutes and organizations • Government bodies, venture capitalists, and private equity firms • Market research and consulting firms • Enterprise data center professionals

Author: Web Spangle

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