Global Fingerprint Recognition Module market cagr 15.0%

Fingerprint Recognition Module Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

Fingerprint

Recognition

Module Market Size and Growth

The global Fingerprint Recognition Module market is projected to reach a value of $2.5 billion by 2025, with a CAGR of 12% during the forecast period.

Adoption of fingerprint recognition technology in various industries such as banking, government, and healthcare is driving market growth. Rising concerns regarding security and identity theft are further propelling market demand.

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Companies Covered (Covid 19 Impact Covered)

◍ IDEMIA

◍ NEC

◍ HID Global

◍ Fingerprint Cards

◍ CamaBio

◍ Suprema

◍ Ofilm

◍ Truly

◍ HOLITECH

◍ Primax

◍ NEXT Biometrics

◍ Nitgen

◍ Miaxis Biometrics

◍ SecuGen Corporation

◍ Aratek

◍ Union Community

◍ GIS

◍ BioEnable

The fingerprint recognition module market is highly competitive with companies like IDEMIA, NEC, HID Global, Fingerprint Cards, Suprema, and others operating in it. These companies provide innovative solutions that enhance security in various industries. They have helped grow the market by offering reliable and efficient fingerprint recognition technology.

- IDEMIA reported sales revenue of $3.3 billion in 2020

- NEC reported sales revenue of $25.6 billion in 2020

- Fingerprint Cards reported sales revenue of $327 million in 2020

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Market Segmentation

By Application

◍ Mobile Phone

◍ Tablet

◍ Fingerprint Door Lock

◍ Others

By Product

◍ Capacitive Fingerprint Module

◍ Optical Fingerprint Module

◍ RF Fingerprint Module

◍ Others

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Market Growth

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$ X Billion USD