How much is the optical fingerprint sensor market worth, and how is it expected to expand?
The optical fingerprint sensor market size has grown rapidly in recent years. It will grow from $2.18 billion in 2024 to $2.43 billion in 2025 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to security concerns, mobile device integration, cost reduction, consumer demand for convenience, and growing concerns regarding identity theft, fraud, and unauthorized access.
The optical fingerprint sensor market size is expected to see rapid growth in the next few years. It will grow to $3.68 billion in 2029 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to advancements in technology, increasing adoption of biometric authentication, government regulations and initiatives, rising smartphone penetration, and a growing IoT (Internet of Things) ecosystem. Major trends in the forecast period include increasing adoption of mobile devices, integration with smart home devices, growth in automotive applications, advancements in sensor technology, and demand for wearable devices.
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Which major factors have contributed to the expansion of the optical fingerprint sensor market?
A growing emphasis on cybersecurity is expected to propel the growth of the optical fingerprint sensor market going forward. Cybersecurity threats are rising due to increased digitization and interconnectedness, providing more avenues for malicious actors to exploit vulnerabilities in systems and networks. Optical fingerprint sensors enhance cybersecurity by providing a biometric authentication layer, ensuring secure access to devices and systems through unique fingerprint identification, and bolstering overall security measures. For instance, in April 2023, according to the Department for Science, Innovation, and Technology, a UK-based government body, cybercrime affected 11% of businesses and 8% of charities in total. Moreover, this number has increased to 26% of medium-sized enterprises, 37% of large companies, and 25% of high-income charities compared to 2022. Therefore, the growing emphasis on cybersecurity is driving the growth of the optical fingerprint sensor market.
How is the optical fingerprint sensor market segmented?
The optical fingerprint sensor market covered in this report is segmented –
1) By Type: Photo Diode, Charged Coupled Device, Complementary Metal–Oxide–Semiconductor (CMOS) Optical Imagers, Cover Plate, Lens
2) By Technology: Electro-Optical Imaging, Multi-Spectral Imaging
3) By Application: Consumer Electronics, Military And Defense, Banking And Finance, Telecommunications Operators, Government Agencies, Healthcare, Smart Homes, Commercial Security
Subsegments:
1) By Photo Diode: Standard Photo Diodes, APD (Avalanche Photo Diodes), P-i-N (Positive-Intrinsic-Negative) Diodes
2) By Charged Coupled Device (CCD): Interline Transfer CCDs, Frame Transfer CCDs, Full Frame CCDs, CCD With Built-In Fingerprint Capture Technology
3) By Complementary Metal–Oxide–Semiconductor (CMOS) Optical Imagers: Standard CMOS Imagers, Backside Illuminated (BSI) CMOS Sensors, Low-Noise CMOS Sensors, High-Resolution CMOS Fingerprint Sensors
4) By Cover Plate: Glass Cover Plates, Plastic Cover Plates, Anti-Scratch Cover Plates, Anti-Fingerprint Coated Cover Plates
5) By Lens: Convex Lenses, Aspheric Lenses, Fresnel Lenses, Optical Lenses With Fingerprint Imaging Technology
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Who are the top competitors in the optical fingerprint sensor market?
Major companies operating in the optical fingerprint sensor market are Qualcomm Technologies Inc., Thales Group, Microchip Technology Incorporated, Novatek Microelectronics Corporation, IDEMIA, Japan Display Inc., Synaptics Incorporated, Shenzhen Goodix Technology Co. Ltd., EGiS Technologies Inc., Fingerprint Cards AB, Anviz Global, Suprema Inc., Vkansee Technology Inc., Melfas Inc., CrucialTec, BioEnable Technologies Pvt. Ltd., Aware Inc., CMOS Sensor Inc., BIO-key International Inc., SecuGen Corporation, ID3 Technologies, FocalTech Systems Co. Ltd., Vkansee Technology Inc., NEXT Biometrics Group ASA, IDEX Biometrics ASA
Which key trends are expected to influence the optical fingerprint sensor market in the coming years?
Major companies operating in the optical fingerprint sensor market are focusing on developing technologically advanced solutions such as contactless optical fingerprint scanners to enhance security and user convenience. A contactless optical fingerprint scanner captures fingerprint images without physical touch by using optical technology to detect unique fingerprint patterns. It benefits the optical fingerprint sensor market by enhancing hygiene, user convenience, and accuracy in high traffic environments. For instance, in June 2024, IDloop GmbH, a Germany-based technology company that launched a contactless 3D fingerprint scanner that captures high-resolution images for secure and hygienic identity verification, introduced the CFS flats, a contactless optical fingerprint scanner using advanced 3D imaging technology. The scanner uses structured blue light to project onto the finger’s surface, creating a distorted pattern that is processed into a detailed 3D point cloud. The device can capture 13 point clouds per second with a depth resolution of 10 micrometers, allowing for highly detailed fingerprint images. The CFS flats offer contactless operation, high accuracy, versatility, and support for authentication, making them suitable for large-scale database enrollments and security applications.
Which regional trends are influencing the optical fingerprint sensor market, and which area dominates the industry?
North America was the largest region in the optical fingerprint sensor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the optical fingerprint sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Optical Fingerprint Sensor Market Report 2025 Offer?
The optical fingerprint sensor market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
An optical fingerprint sensor is a biometric device that captures fingerprint images using light-sensitive technology, typically through an array of light-emitting diodes (LEDs) and photodiodes. It works by illuminating the fingerprint surface and recording the reflected light patterns, which are then analyzed to extract unique fingerprint characteristics for identification or authentication purposes.
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