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Fingerprint Sensors Market Worth $8.85 Billion by 2022 - Driven By Rising Instances of Fraudulence in Transaction - Research and MarketsResearch and Markets has announced the addition of the "Fingerprint Sensors Market - Global Forecast to 2022" report to their offering. The fingerprint sensors market was valued at 2.94 billion in 2015 and is expected to grow at a CAGR of 18.9% between 2016 and 2022, to reach USD 8.85 billion by 2022. The growth of the fingerprint sensors market in the banking & finance industry is mainly driven by the rising instances of fraudulence in transaction which demand more secure options such as biometric cards and products. Also, there has been an increase in non-cash transactions in the past few years which drives the demand for cards (credit/debit). Biometric debit or credit cards provide more security over other methods, which is one of the driving factors behind the growth of this market in the banking & finance industry. <> The growth of the fingerprint sensors market in APAC is attributed to the increase in demand for mobile devices, increased government projects in law enforcement, rapid urbanization, growing population, and the increasing disposable income.Companies Profiled:
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Fingerprint Sensors Market, By Type 8 Fingerprint Sensors Market, By Technology 9 Materials Used in Fingerprint Sensors 10 Fingerprint Sensors Market, By Application 11 Geographic Analysis 12 Competitive Landscape 13 Company Profiles For more information about this report visit http://www.researchandmarkets.com/research/drvhgb/fingerprint View source version on businesswire.com: http://www.businesswire.com/news/home/20161003005910/en/ |
