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Fingerprint Sensor Market to Reach $9.41 Bn, Globally, by 2027 at 14.5% CAGR: Allied Market Research


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PORTLAND, Ore., April 7, 2021 /PRNewswire/ Allied Market Research published a report, titled,  Fingerprint Sensor Market by Type (FAP 10, FAP 20, and FAP 30), and End Use (Banking & Finance, Government & Law Enforcement, Commercial, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global fingerprint sensor industry was estimated at $2.93 billion in 2019, and is anticipated to hit $9.41 billion by 2027, registering a CAGR of 14.5% from 2020 to 2027.
Drivers, restraints, and opportunities-
Rise in use of fingerprint sensors for biometric authentication in consumer electronics, increase in adoption of biometric authentication in government buildings, surge in the number of identity threats, and emergence of touch less fingerprint technologies drive the growth of the global fingerprint sensor market. On the other hand, security threats pertaining to biometric database a ....

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Biometric Technology Market Size is USD 11490 Million by 2026 at CAGR 11.0%


Biometric Technology Market Size is USD 11490 Million by 2026 at CAGR 11.0% | Valuates Reports
BANGALORE, India, Jan. 15, 2021 /PRNewswire/ The
Biometric Technology Market is Segmented by Type (Based on physical characteristics, Based on behavioral characteristics), by Application (Public sector, Banking & financial sector, Healthcare, IT & telecommunication), by Regions & Key players Regional Growth: Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on
Valuates Reports in the
Consumer Electronics Category.
The global Biometric Technology market size is projected to reach USD 11490 Million by 2026, from USD 6142.6 Million in 2020, at a CAGR of 11.0% during 2021-2026.
Major factors driving the growth of the Biometrics Technology Market size are the increasing use of biometrics in consumer electronic devices for authentication and identification purposes, the growing need for surveillance and security with the heighte ....

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