Fingerprint Sensor Market Surge: A $9 Billion Opportunity for Unprecedented Biometric Security: Ken Research


Fingerprint sensing is one of the prominent access control methods which has gained immense popularity in recent times. The fingerprint sensor belongs to the family of sensors that are used in a fingerprint detection device for authentication and recognition.

These sensors are mainly inbuilt into a fingerprint detection module and it is used for the safety of personal computing devices, access, and data. The major features of fingerprint sensors include better performance, accuracy, and validity based on absolute fingerprint biometric technology.

According to Ken Research estimates, the Global Fingerprint Sensor Market – which was valued at US$ ~3 Bn in 2017, is estimated to reach the US $5 Bn in 2022 – and is expected to grow further into a more than US$ 9 Bn opportunity by 2028.

Ken Research shares 3 key insights on this high opportunity market from its latest research study.

1. Increase in the Adoption of Biometric Fingerprint Sensors has boosted the market.

The Global Fingerprint Sensor Market is expected to witness stable growth during the forecast period 2022-2028 primarily due rising adoption of biometric fingerprint scanners for accurate identification, faster access, and higher security.

Furthermore, post the COVID-19 pandemic, the Fingerprint Sensor Market gained pace due to increased penetration of smartphones which created better opportunities for new entrants as well as established players in the studied market.

Fingerprint sensors have been serving as a primary security phase in smartphones. Even though iris scanners and facial recognition sensors are taking up the pace, their higher cost encourages various enterprises to stick to fingerprint sensing only. Moreover, in certain cases, facial recognition has proven more vulnerable than fingerprint sensing.

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2. The Rising Adoption of Smartphones is Driving the Fingerprint Sensor Market

The earliest application of fingerprint sensors in smartphones was by Toshiba in 2011. The adoption of Smartphones is expected to increase to 85% by 2025 from 81% in 202.  According to Global System for Mobile Communications Association (GSMA) which is expected to create more opportunities in the studied market. In 2021, Fingerprint Cards AB launchedFPC1553, which is the company’s third-generation slim, side-mounted capacitive touch sensor.  This is fused in the Honor X40i, Moto g32, and Vivo Y77 smartphones. The FPC1553 is the latest output of their continuous development in the capacitive segment of fingerprint sensors for smartphones.

With fingerprint scanners, various banking and government-based mobile applications allow transactions via mobile phone only by authenticating fingerprints. For instance, the Federal Bureau of Investigation (FBI) depends on its partnerships with tribal, state, local, and federal agencies t o collaborate on the development of important programs such as the Next Generation Identification (NGI) systems and the National Crime Information Center (NCIC).

3. High Cost Involved in the Development of Biometric Sensors is Affecting the Fingerprint Sensor Market’s growth

The growth of the fingerprint sensor market is hampered by several factors that include cost and substitute products. Although fingerprint sensors are used as a primary authentication device in various banking and government facilities, the high cost that is involved in the development of various biometric sensors is challenging to afford for everyone. Hence it affects the market demand globally. The high production cost of raw materials is another important factor that prevents the market growth of the fingerprint Sensors Market Globally.

According to Bayometric, a global supplier of fingerprint scanners, single sign-on solutions, and access control systems, on average, fingerprint readers/sensors are priced anywhere from $50$2,500 each depending on the certifications, brand, type of sensor, etc

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Market Taxonomy

By Type

  • Optical
  • Capacitive
  • Thermal
  • Ultrasonic

By Application

  • Smartphones/Tablets
  • Laptops
  • Smartcards
  • IoTs
  • Others

By End-User Industries

  • Consumer Electronics
  • Travel and Immigration
  • Government and Law Enforcement
  • Military
  • Others

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By Region

North America

  • USA
  • Canada
  • Mexico


  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific


  • Latin America
  • Middle East
  • Africa

Key Players

  • Fingerprint Cards AB
  • Egis Technology.
  • Vkansee Technology Inc.
  • Synaptics
  • Apple Inc.
  • CMOS Sensor Inc
  • Goodix
  • Touch Biometrix
  • Q Technology
  • Thales
  • Idemia
  • Qualcomm Technologies, Inc

For more insights on market intelligence, refer to the link below: –

Global Fingerprint Sensor Market

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SOURCE Ken Research


E-commerce Orders and Deliveries are expected to generate $1.2 Billion in revenue by 2026F, owing to an increase in the number of online customers and the entry of large retailers in Thailand: Ken Research


Thailand E-Commerce Logistics Market is in the growing stage, The growth of Thailand’s logistics sector is also being supported by booming exports with automotive, agribusiness, chemicals and electronics being in-demand industries at the moment.

  • Increase in international shipment is expected in 2026F compared 2021. Consumers are increasingly turning to cross-border e-commerce as per capita incomes rise and access to international brands increases.
  • AI and a horde of other devices like drones, electric vehicles, automated systems, high-tech security and efficient management systems have made the processes much easier for logistics companies as well as their clients.
  • Companies in the ecommerce segment are battling against each other to acquire and retain clients, expand geographical presence, expand service offering and improve unit economics to increase margins.

Technology advancementThis helps to boost E-Commerce is easier and more secure digital payment options can make the online shopping experience more convenient for both customer and merchant online payments also allow for more flexible delivery arrangements like the living parcel to lockers since and consumer does not need to be present to make the payment.

Internet-Savvy Consumers Comfortable with making Online PurchasesGiven Thailand’s mobile phone penetration rate of 98% and smartphone penetration at 71% in 2021, it is no surprise that smartphone users dominate E-Commerce activities. ETDA notes that generation why those were now around 17 to 36 years old spent the most of the time online last year especially on Facebook Instagram Twitter in Pantip from where the make all their transactions.

Platform IntegrationE-Commerce platforms face a major challenge in integrating a critical mass of multiple user bases, i.e. sellers and buyers. Often, a platforms perceived value rests largely on this factor. High delivery failure rates due to lack of order and delivery consolidation between retailers.

Analysts at Ken Research in their latest publication Thailand E-Commerce Logistics Market Outlook to 2026F- Driven by Change in Consumption Pattern of Consumers, Government Initiatives and Innovation of Advanced Technologies by Ken Research observed that Thailand E-commerce Logistics Market is in the growing phase. Technology will have a huge role to play in the sector as applications and AI, horde of other devices like drones, electric vehicles, automated systems, high-tech security are some of the factors that will contributed to the Thailand E-commerce Logistics Market growth over the period of 2021-2026F. It is expected that Thailand E-commerce Logistics Market will grow at a CAGR of 9.5% for the above forecasted period.

Key Segments Covered in the report:-

Thailand E-commerce Logistics Market

By Delivery by shipment

  • Same Day
  • Next Day
  • Two day

By International and domestic by shipment

  • Domestic
  • International

By Mode of Payment by shipment

  • Cash
  • Online

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By Shipment Weight by shipment

  • 0 -1 Kg
  • Greater than 6 Kg
  • 3 – 6 Kg
  • 1 – 3 Kg

By Age Distribution by shipment

  • (17 – 36 Years)
  • (37 – 50 Years)
  • (51 and above)

By E-Commerce Value by shipment

  • B2G
  • B2B
  • B2C

By Booking Mode by shipment

  • Online
  • Offline

By Product Category by Revenues

  • Mobile & Electronics
  • Fashion
  • Beauty
  • Lifestyle & Hobby
  • Health & Wellness
  • Home & Living
  • Toys
  • Mom & Baby
  • Automotives
  • Sports
  • Others

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Key Target Audience:-

  • E-Commerce Companies aiming to establish in Thailand
  • Thailand E-Commerce logistics industries
  • Government Bodies & Regulating Authorities
  • E-Commerce Industry
  • Logistics industry
  • Shipping company
  • Warehousing Companies
  • E-Commerce users
  • Industry Associations

Time Period Captured in the Report:-

  • Historical Period: 2017-2021
  • Base Period: 2021
  • Forecast Period: 2022-2026F

Companies Covered:-

  • Kerry Express
  • Lazada Logistics
  • J&T Express
  • Flash Express
  • Eleven Street
  • Tarad
  • Weloveshopping
  • Look Si

Key Topics Covered in the Report:-

  • Ecosystem of major entities in Thailand e-commerce logistics market
  • Overview of Thailand logistics infrastructure and dependent market
  • Market overview & genesis
  • Logistics business model
  • Value chain analysis e-commerce logistics
  • Thailand E-commerce Logistics Market Size, 2019 – 2022
  • Segmentation by type of shipment and type of company on the basis of revenue
  • Segmentation by mode of shipment & delivery period on the basis of revenue
  • Segmentation by modes of payment & type of product on the basis of revenue
  • Factors influencing partnership decision with logistics provider
  • Cost component analysis for logistics provider
  • SWOT analysis of Thailand e-commerce logistics market
  • Trends & development of Thailand e-commerce logistics market
  • Growth driver of Thailand e-commerce logistics market
  • Issues and challenges of Thailand e-commerce and e-commerce logistics market
  • Government regulations for Thailand e-commerce logistics market
  • Impact of covid-19 on Thailand e-commerce and e-commerce logistics
  • Key elements of the recovery phase for companies from pandemic
  • Cross-comparison of major players in Thailand e-commerce logistics market
  • Brand awareness
  • Strength & weakness of major players in Thailand e-commerce logistics market
  • Future Outlook
  • Analyst recommendation

For more insights on the market intelligence, refer to below link:-

Thailand E-Commerce Logistics Market

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