Fingerprint Module Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

Fingerprint module helps establish the identity of a person, using two processes, namely finger enrolment and finger matching.  Data security become one of the major driver for growth of the fingerprint module market, globally. According to Coherent Market Insights analysis of 2013, the total data in the world was 4.4 zettabytes and was projected to reach 44 zettabytes by 2020. Rampant increase in data generated worldwide, in turn fuels demand for data security and subsequently augments growth of the fingerprint module market. In addition to this, keys, numeric keypads, and identity badges were majorly used to secure the data and access. With advancement of technology, two-factor validation was presented, where people could gain entrance into secure premises only when they were confirmed twice by utilizing equipment gadgets and numeric codes. However, this two-factor confirmation has also turned out to be uncertain as hackers are able to access hardware devices and also obtain numeric codes. Owing to increased hacking, the demand for new technically advanced security products in the security market has increased globally. This increasing demand for security products provides swift growth to the fingerprint module market worldwide. Moreover, the increasing trend of ‘bring your own device’ in various enterprises and rising penetration of smart phone users pose as major drivers accelerating the market of fingerprint module, globally. According to coherent market insights’ analysis the bring your own device market is predicted to reach up to US$ 266 billion in 2019. With potential benefits, the “bring your own device” culture also presents data security risk for the organization, which ultimately increase the demand for security products.                   

Fingerprint Module Market Taxonomy

On the basis of product type, the global Fingerprint module market is classified into:

  • Fingerprint readers 
  • Fingerprint scanners

On the basis of end users, the global Fingerprint module market is classified into:

  • Banks
  • Government organization
  • Telecommunication firms
  • Hospitals
  • IT Industry
  • Others

On the basis of devices, the global Fingerprint module market is classified into:

  • Smart phones
  • Tablet pc
  • Laptops
  • multimodal biometric readers

Fingerprint Module Market Outlook – North America holds the Largest Market of the Global Fingerprint Module.

On the basis of geography the study is diversified into North America, Europe, Asia Pacific and Rest of the world. North America’s fingerprint module market will hold the dominating position in the global fingerprint module market and is predicted to hold the dominating position in the forecasted period. The expanding usage of the unique finger impression recognition technology in individual document verification, for example, visas and e-passport, to identify travelers at airport terminals in nations like the US and Canada, and the expanding trend of incorporating facilities with biometric frameworks such as fingerprint scanners by OEMs and financial bodies, will reinforce the growth prospects for the fingerprint module market in this locale.

Bioenable technologies pvt ltd, Cross Match Technologies, Inc, Fingerprint Cards AB, Fulcrum Biometrics, LLC, HID Global, Suprema HQ, 360 Biometrics, Futronic Technology Company Limited, Liteon, Shenzhen CAMA Biometrics Co., Ltd. are some  major companies of the global fingerprint module market. Acquisition, merger, innovation and new product launch are some of the major strategies adopted by the market leaders to sustain in the global fingerprint module market.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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