
Global Fingerprint Mobile Biometrics Market Size By Type (Non-AFIS Technology, AFIS Technology), By Application (BFSI Sector, Retail Sector), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 39252 | Published Date: Apr 2025 | No. of Pages: | Base Year for Estimate: Apr 2025 | Format:
The Global Fingerprint Mobile Biometrics Market is expected to witness significant growth over the forecast period, driven by the increasing adoption of biometric authentication for mobile devices. Fingerprint biometrics have become a cornerstone for mobile security, enabling seamless access control, secure payments, and enhanced user authentication. The market is experiencing a surge in demand due to rising cybersecurity concerns, the proliferation of smartphones, and advancements in biometric sensor technology.
Drivers:
Increased Adoption of Mobile Payments:
The rapid growth of mobile payment systems
and digital banking services has heightened the need for secure authentication
technologies, propelling the adoption of fingerprint biometrics.
Rising Cybersecurity Threats:
With growing incidents of identity theft
and cyberattacks, fingerprint biometrics offer a robust and user-friendly
security solution for mobile devices.
Advancements in Biometric Sensor
Technology:
Technological advancements in fingerprint
scanning, such as ultrasonic and optical sensors, are enhancing accuracy,
reliability, and integration with mobile devices.
Restraints:
Privacy and Data Security Concerns:
Fingerprint data breaches remain a
significant concern, as biometric data cannot be changed once compromised.
High Implementation Costs:
The cost of integrating advanced
fingerprint biometric systems into low-cost smartphones remains a restraint,
especially in price-sensitive markets.
Opportunity:
Integration with Emerging Technologies:
Combining fingerprint biometrics with
technologies like AI and IoT can open new avenues for innovation in mobile
authentication.
Expansion in Emerging Markets:
The rising adoption of smartphones in
developing regions presents significant growth opportunities for mobile
biometric technologies.
Market
by System Type Insights:
The Capacitive Fingerprint Sensor segment
holds the largest market share, owing to its widespread adoption in
smartphones. However, the Ultrasonic Fingerprint Sensor segment is expected to
witness the highest CAGR during the forecast period due to enhanced accuracy
and anti-spoofing capabilities.
Market
by End-use Insights:
The Consumer Electronics segment dominates
the market, driven by increasing smartphone and wearable device penetration.
The Banking and Financial Services segment is also expected to grow
substantially, fueled by rising adoption in mobile banking applications.
Market
by Regional Insights:
North America dominates the fingerprint
mobile biometrics market due to high smartphone penetration and significant
investments in biometric security technologies.
Asia-Pacific is expected to witness the
fastest growth, driven by the expanding smartphone user base, rapid
digitalization, and government initiatives for biometric security.
Competitive
Scenario:
Key players in the Global Fingerprint
Mobile Biometrics Market include:
Apple Inc.
Synaptics Incorporated
Fingerprint Cards AB
Goodix Technology Inc.
IDEX Biometrics ASA
These companies focus on product
innovation, partnerships, and expanding their technological capabilities to
maintain a competitive edge.
Scope
of Work – Global Fingerprint Mobile Biometrics Market
Report
Metric |
Details |
Market Size (2023) |
USD 5.8 Billion |
Projected Market Size (2031) |
USD 12.4 Billion |
CAGR (2023-2031) |
9.8% |
Key Segments Covered |
System Type, End-use, Region |
Leading Segment by System Type |
Capacitive Fingerprint Sensor |
Leading Segment by End-use |
Consumer Electronics |
Key Regions Covered |
North America, Asia-Pacific, Europe,
Latin America, MEA |
Key Players |
Apple Inc., Synaptics Inc., Fingerprint
Cards AB, Goodix Technology, IDEX Biometrics |
Market Drivers |
Mobile Payments Growth, Cybersecurity
Needs, Sensor Technology Advancements |
Market Restraints |
Privacy Concerns, High Costs |
Market Opportunities |
Integration with AI & IoT, Emerging
Market Expansion |
Key
Market Developments:
2023: Synaptics launched an advanced
in-display fingerprint sensor with improved accuracy for flagship smartphones.
2024: Apple introduced a new iteration of
its Touch ID technology, enhancing security and speed.
2025: IDEX Biometrics partnered with a
leading financial institution to integrate fingerprint authentication into
mobile banking apps.
FAQs:
What is the current market size of the
Global Fingerprint Mobile Biometrics Market?
The market size was valued at USD 5.8
billion in 2023.
What is the major growth driver of the
Global Fingerprint Mobile Biometrics Market?
The major driver is the increased adoption
of mobile payments and enhanced security needs.
Which is the largest region during the
forecast period in the Global Fingerprint Mobile Biometrics Market?
North America is the largest region, while
Asia-Pacific is the fastest-growing.
Which segment accounted for the largest
market share in the Global Fingerprint Mobile Biometrics Market?
The Capacitive Fingerprint Sensor segment
held the largest market share.
Who are the key market players in the
Global Fingerprint Mobile Biometrics Market?
Key players include Apple Inc., Synaptics
Incorporated, Fingerprint Cards AB, Goodix Technology Inc., and IDEX Biometrics
ASA.
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