Top Companies in Fingerprint Sensor Market | Top Key Players Statistics, Market Size & Share, Future Scope, Exclusive Report by Vantage Market Research

These devices have a fingerprint detection module built in and are used for safety and authenticity. Biometric fingerprint scanners, for example, use Fingerprint Sensor

Top Companies in Fingerprint Sensor Market | Top Key Players Statistics, Market Size & Share, Future Scope, Exclusive Report by Vantage Market Research
fingerprint sensor market

Market Overview:

The Global Fingerprint Sensor Market is valued at USD3.21 Billion in the year 2021 and is projected to reach a value of USD 5.92 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 10.7% over the forecast period. Increasing use of electrical equipment and machines, as well as an increase in global electricity consumption Governments across the globe, is focusing on digitalization are factors that influencing the growth of Fingerprint Sensor Market. Thus, taking several initiatives, and increasing funding for the development of better security for networks and services to motivate the population. This is increasing the demand for smartphones, tablets, PCs, notebooks, wearable devices, etc. Thus, along with the increasing demand for such consumer devices, the major concern rising is regarding security. Thus, the introduction of fingerprint sensor technology has increased the security of smartphones, in turn, increasing the demand for smartphones. Hence driving the market growth over the forecast period.  

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Some of the key players operating in the Fingerprint Sensor Market are listed below:

Company Name

Revenue in the US

  • Vkansee Technology Inc.

<$5 Million

  • Egis Technology Inc.

<$5 Million

  • Fingerprint Cards AB

$148 Million

  • Shenzhen Goodix Technology Co., Ltd.

$894 Million

  • Idex Biometrics ASA

<$5 Million

  • NEC Corporation

$26 Billion

  • Next Biometrics Group ASA

<$5 Million

  • Sonavation Inc.

<$5 Million

  1. Vkansee Technology Inc.

Founded in 2013, the company is headquartered in Haidian District, Beijing, Haidian, China. Developed of optical fingerprint sensors designed to provide security for devices and applications. The company's sensors are under-glass patented, ultra-thin optical fingerprint sensors that can be used for mobile security in payment applications, data storage, and access control of connected devices, enabling users to secure devices and transactions.

  1. Egis Technology Inc.

EGIS TECHNOLOGY INC. is located in Hsinchu City, Taiwan, and was founded in 2007. Egis Technology Inc is a Taiwan-based company that is engaged in research, development, and sales of the data security software, biometric identification software, and hardware. Geographically, it derives a majority of revenue from Asia. The company generates maximum revenue from the biometric authentication IC sensor and its application. The Company specializes in integrated turnkey solutions with an emphasis on sensor performance and software usability.

  1. Fingerprint Cards AB

The company was founded in 1997. Fingerprint Cards AB is a Sweden-based company that is principally engaged in offering a broad range of biometric solutions. The company's products include fingerprint touch sensors, fingerprint swipe sensors, fingerprint area sensors, biometric modules, development kits, solutions, and others. The company targets the smartphone/tablet market and vertical markets where it can integrate its products; smartcards, the automotive industry, and the Internet of Things are prioritized markets. The company has a patent portfolio with global protection. The company markets and sells its products worldwide.

  1. Shenzhen Goodix Technology Co., Ltd.

Shenzhen Goodix Technology Co., Ltd. is located in Irvine, CA, United States and was founded in 2002. The company manufactures semiconductor components. The Company develops, produces, and distributes fingerprint identification chips, capacitive touch controller chips, and more. Shenzhen Goodix Technology also provides technology training and hardware testing services worldwide.

  1. Idex Biometrics ASA

The company was founded in 1996 and is headquartered in Dronning Eufemias Gate 16, 0191 Oslo, Norway. IDEX Biometrics ASA is a fingerprint imaging, recognition, and authentication technology company. It is engaged in developing and commercializing fingerprint sensor products targeted at the mobile, smart, and ID card, and the Internet of Things markets. IDEX provides hardware and software fingerprint solutions suitable for embedding into products to strengthen security and enhance user-friendliness products. Its product portfolio includes Biometric fingerprint sensors, Biometrics fingerprint modules, Enrollment solutions, and others. The company operates in Europe, the Middle East, and Africa, America, and Asia.

  1. NEC Corporation

Founded in 1899, the company is headquartered in Japan. NEC Corporation offer information technology services. The Company offers system integration and development services, including consulting, design and implementation, system maintenance and support services, and system outsourcing, cloud services, and related equipment to business enterprises especially in the manufacturing, retail and services, and financial sectors primarily in Japan. For telecom customers primarily in Japan, it provides network infrastructure, system integration services, service and management solutions and enterprise network solutions. NEC's thick portfolio also includes system platforms with hardware, software, and maintenance services. NEC does most of its business domestically (more than 75% of the company's sales).

  1. Next Biometrics Group ASA

The company was founded in 2004 and is headquartered in Norway. Next Biometrics Group ASA provides fingerprint sensor technology and products. The company's products are utilized for Smart Card, Government ID, Access control, Notebook, and others. The company's products include smart card solutions, fingerprint sensor modules, fingerprint readers, Aadhar products, Software DevKits, and Hardware DevKits. The majority of the revenue is derived from the sale of sensors.

  1. Sonavation Inc.

Founded in 2004, the Company is headquartered in United States. The company is Developer of biometric fingerprint sensors designed to offer an advanced and secure authentication system. The company's sensor delivers a higher level of security through its robust architecture and provides manufacturers flexibility in innovative industrial design for a more dynamic user experience, enabling users to access secure authentication into smartphones, tablets, wearables, automotive, and other connected devices.

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