LATIN AMERICA FINGERPRINT SENSORS MARKET FORECAST 2019-2027

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LATIN AMERICA FINGERPRINT SENSORS MARKET FORECAST 2019-2027

Fingerprint biometrics is more user-friendly than other biometrics technologies as it eliminates the need for a multitude of complicated passwords to gain access to secure transactions systems. It refers to the automated method of verifying a match between two human fingerprints. Fingerprint recognition is one of the most popular biometrics technology mainly due to its simplicity.

LATIN AMERICA FINGERPRINT SENSORS MARKET FORECAST 2019-2027

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Fingerprint biometrics is more user-friendly than other biometrics technologies as it eliminates the need for a multitude of complicated passwords to gain access to secure transactions systems. It refers to the automated method of verifying a match between two human fingerprints. Fingerprint recognition is one of the most popular biometrics technology mainly due to its simplicity.

The Latin America fingerprint sensors market generated a revenue of $XX million in 2018 and is projected to reach $XX million by 2027, at a CAGR of 13.06% during the forecasting years of 2019-2027. The region is experiencing significant growth in the implementation of fingerprint biometrics technology in ATMs and banks to ensure convenience and security to its customers for their transactions.

The major countries such as Brazil, Mexico, Argentina and the remaining countries collectively forming the Rest of Latin America are considered for the analysis of the Latin America fingerprint sensors market. Currently, Brazil is dominating the market. However, it has been expected that Mexico will grow at a faster growth rate. The different biometric projects in the region, for instance, the national ID, voter ID, e-passports, e-driver’s license, and ID cards have enhanced the demand of fingerprint sensor-enabled devices.

With an increase in the number of government projects in the region, the usage of fingerprint biometric technologies is initiated to avoid data theft and reduce the crime rate. The fingerprint authentication industry is progressing amidst a high degree of competition in the market which is expected to intensify in the years to come. Since there are large numbers of manufacturers that manufactures and designs fingerprint sensors, the result will lead to a high intensity of competition.

The prominent market players operating in the region are Gemalto NV, Precise Biometrics, Aware Inc., HID Global, Innovatrics, Fingerprint Cards AB, Next Biometrics, Crossmatch Technologies, OT-Morpho (Safran Identity & Security), Synaptics, NEC Corporation, Anviz Global, Bio-Key International, Fulcrum Biometrics, and M2SYS Technology.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY & FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • WIDENING APPLICATIONS OF BIOMETRIC SYSTEMS
      • EMERGENCE OF CLOUD BASED FINGERPRINT IDENTIFICATION SYSTEMS
      • DEVELOPMENT OF TOUCHLESS SENSING TECHNOLOGY
      • INCREASING ADOPTION OF E-COMMERCE SERVICES
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • SUBSTANTIAL PROLIFERATION OF SMARTPHONES & TABLETS
      • BENEFITS OFFERED BY FINGERPRINT AUTHENTICATION DEVICES
      • GROWING ADOPTION OF BIOMETRICS BY VARIOUS GOVERNMENTS
      • INCREASED NEED OF ADVANCED SECURITY
    • MARKET RESTRAINTS
      • LATENT FINGERPRINTING & SPOOFING
      • COMPLEXITIES IN INTEGRATING FINGERPRINT SENSORS TECHNOLOGY INTO EXISTING SOFTWARE
    • MARKET OPPORTUNITIES
      • RAPID ADOPTION OF FINGERPRINT RECOGNITION IN BFSI & HEALTHCARE
      • EMERGENCE OF MULTIMODAL BIOMETRICS
      • INTRODUCTION OF FINGERPRINT SENSORS IN AUTOMOTIVE SECTOR
    • MARKET CHALLENGES
      • SECURITY CONCERNS & VULNERABILITY OF FINGERPRINT BIOMETRICS
      • HIGH PROBABILITY FOR INACCURACIES
  1. MARKET BY TYPE
    • SWIPE
    • TOUCH
    • AREA
  2. MARKET BY TECHNOLOGY
    • CAPACITIVE
    • OPTICAL
    • ULTRASONIC
    • THERMAL
    • OTHER TECHNOLOGIES
  3. MARKET BY APPLICATION
    • MOBILE DEVICES
      • SMARTPHONES
      • TABLETS
      • LAPTOP & NOTEPAD
    • TRAVEL
    • COMMERCIAL
    • SMARTCARDS
    • RESIDENTIAL
    • AUTOMOTIVE
    • HEALTHCARE
    • GOVERNMENT
  4. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
  5. GEOGRAPHICAL ANALYSIS – LATIN AMERICA
    • BRAZIL
    • MEXICO
    • ARGENTINA
    • REST OF LATIN AMERICA
  6. COMPANY PROFILES
    • ANVIZ LATIN AMERICA
    • AWARE INC.
    • BIO-KEY INTERNATIONAL
    • CROSSMATCH TECHNOLOGIES
    • FINGERPRINT CARDS AB
    • FULCRUM BIOMETRICS
    • GEMALTO NV
    • HID LATIN AMERICA
    • INNOVATRICS
    • M2SYS TECHNOLOGY
    • NEC CORPORATION
    • NEXT BIOMETRICS
    • OT-MORPHO (SAFRAN IDENTITY & SECURITY)
    • PRECISE BIOMETRICS
    • SYNAPTICS

 

TABLE LIST

TABLE 1: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: APPLICATION AREAS OF DIFFERENT FINGERPRINT SENSORS

TABLE 3: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY TYPE, 2019-2027, (IN $ MILLION)

TABLE 4: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY TECHNOLOGY, 2019-2027, (IN $ MILLION)

TABLE 5: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY APPLICATION, 2019-2027, (IN $ MILLION)

TABLE 6: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY MOBILE DEVICES, 2019-2027 (IN $ MILLION)

TABLE 7: OPPORTUNITY MATRIX

TABLE 8: VENDOR LANDSCAPE

TABLE 9: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

 

FIGURE LIST

FIGURE 1: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY APPLICATION, 2018 & 2027 (IN %)

FIGURE 2: ESTIMATES OF OVERALL SMARTPHONE SHIPMENTS, 2010-2021, (IN MILLION UNITS)

FIGURE 3: NUMBER OF THE TS USERS ACROSS THE WORLD, 2015-2020, (IN BILLIONS)

FIGURE 4: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY SWIPE, 2019-2027 (IN $ MILLION)

FIGURE 5: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY TOUCH, 2019-2027 (IN $ MILLION)

FIGURE 6: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY AREA, 2019-2027 (IN $ MILLION)

FIGURE 7: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY CAPACITIVE, 2019-2027 (IN $ MILLION)

FIGURE 8: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY OPTICAL, 2019-2027 (IN $ MILLION)

FIGURE 9: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY ULTRASONIC, 2019-2027 (IN $ MILLION)

FIGURE 10: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY THERMAL, 2019-2027 (IN $ MILLION)

FIGURE 11: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY OTHER TECHNOLOGIES, 2019-2027 (IN $ MILLION)

FIGURE 12: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY MOBILE DEVICES, 2019-2027 (IN $ MILLION)

FIGURE 13: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY SMARTPHONES, 2019-2027 (IN $ MILLION)

FIGURE 14: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY TABLETS, 2019-2027 (IN $ MILLION)

FIGURE 15: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY LAPTOP & NOTEPAD, 2019-2027 (IN $ MILLION)

FIGURE 16: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY TRAVEL, 2019-2027 (IN $ MILLION)

FIGURE 17: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY COMMERCIAL, 2019-2027 (IN $ MILLION)

FIGURE 18: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY SMARTCARDS, 2019-2027 (IN $ MILLION)

FIGURE 19: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY RESIDENTIAL, 2019-2027 (IN $ MILLION)

FIGURE 20: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)

FIGURE 21: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)

FIGURE 22: LATIN AMERICA FINGERPRINT SENSORS MARKET, BY GOVERNMENT, 2019-2027 (IN $ MILLION)

FIGURE 23: PORTER’S FIVE FORCE ANALYSIS

FIGURE 24: VALUE CHAIN ANALYSIS

FIGURE 25: LATIN AMERICA FINGERPRINT SENSORS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 26: BRAZIL FINGERPRINT SENSORS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: MEXICO FINGERPRINT SENSORS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28: ARGENTINA FINGERPRINT SENSORS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29: REST OF LATIN AMERICA FINGERPRINT SENSORS MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS – LATIN AMERICA
    • BRAZIL
    • MEXICO
    • ARGENTINA
    • REST OF LATIN AMERICA
  2. MARKET BY TYPE
    • SWIPE
    • TOUCH
    • AREA
  3. MARKET BY TECHNOLOGY
    • CAPACITIVE
    • OPTICAL
    • ULTRASONIC
    • THERMAL
    • OTHER TECHNOLOGIES
  4. MARKET BY APPLICATION
    • MOBILE DEVICES
      • SMARTPHONES
      • TABLETS
      • LAPTOP & NOTEPAD
    • TRAVEL
    • COMMERCIAL
    • SMARTCARDS
    • RESIDENTIAL
    • AUTOMOTIVE
    • HEALTHCARE
    • GOVERNMENT

 

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