Fingerprint Sensor Market Growth - Challenges, Opportunities, Statistics to 2023
Evolving urban lifestyle and fast transforming industrial scenario created an ambiance where security measures play an integral part in maintaining the psychological balance. Fingerprint sensors are gaining rapid traction owing to this reason, as tricking the sensor or cheat it, is quite cumbersome and requires great expertise. With the advent of the smartphone, fingerprint sensor market is now having a wider field to operate. Demand for data security is receiving considerable attention from the manufacturers of such devices which can act as a potential market booster. The global fingerprint sensor market is expecting a robust CAGR during the forecast period (2016-2027). Market Research Future (MRFR) in their detailed report covers drivers such as physical access control solution and online and mobile e-commerce options which are expected to bolster the market growth. However, Lack of technological awareness and restrictions regarding its implementations can pull back the market. But i...