Global Fingerprint Sensors Market at a Rate of 15.69% CAGR by 2027
KEY FINDINGS The automated method of verifying a match between two human fingerprints is technically termed as fingerprint recognition or fingerprint authentication. It is used to identify individuals & further verify their identification details. It is the oldest biometric technology used for identification. The global fingerprint sensors market is anticipated to grow at a rate of 15.69% CAGR to capture $14.51 billion by 2027, during the forecast period. The base year considered for the market study is 2018 & the estimated period is between 2019 & 2027. MARKET INSIGHTS With the mounting user reception for biometric-enabled smart devices, the uptake of fingerprint biometrics in smart devices, like that of smartphones, laptops, & tablets, is increasing, that is creating a positive impact on market revenue. The governments across many countries are also imposing regulations for warranting the custom of fingerprint biometrics among the end-users. An inc...