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Fingerprint Sensor Market Expected to Grow at a CAGR of 14% During the Forecast Period 2019–2025
Major Adoption of Biometrics in Law Enforcement and Government Applications Driving the Growth Fingerprint Sensor Market
BriefingWire.com, 1/18/2021 -
The rising need of multi-factor authentication method across consumer electronics, banking and financial sectors is set to grow the fingerprint sensor that was already valued to be $4.68 billion in 2018 and is expected to grow at a CAGR of 14% during forecast period 2019-2025. Factors such as the proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors in BFSI industry, and the use of biometrics in mobile commerce are driving the growth of the market. The adoption of fingerprint protection by smartphones to secure stored data and the essential bank options such as O ....

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