Learn about the global biometric sensor market through The Business Research Company, which provides information on biometric sensor market size, biometric sensor market drivers and restraints, biometric sensor market players, the COVID-19 impact on the biometric sensor market, and more.

The global biometric sensor market is expected to grow from $2.30 billion in 2021 to $2.69 billion in 2022 at a compound annual growth rate (CAGR) of 17.1%. The global biometric sensor market size is expected to grow to $4.94 billion in 2026 at a CAGR of 16.4%.

An increase in the number of identity thefts is driving the biometric sensor market.

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The biometric sensor market consists of sales of biometric sensor services by entities (organizations, sole traders, and partnerships) that are used to identify, verify, and authenticate the identification. A biometric sensor refers to a transducer that turns a biometric trait of an individual into an electrical signal. It tackles a variety of security-related concerns across multiple sectors.

Global Biometric Sensor Market Segments Include:

By Type: Capacitive Sensors, Optical Sensors, Thermal Sensors, Ultrasound Sensors, Electric Field Sensors

By Application: Voice Scan, Finger Scan, Hand Scan, Facial Scan, Iris Scan, Vein Scan, Others

By End-User: Consumers Electronics, Commercial Centers And Buildings, Medical Research And Lab, Bank And Finance Service Sector, Defense and Security, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global biometric sensor market in 2021.

Product innovation is a key trend gaining popularity in the biometric sensor market. Companies in the market are focusing on product innovation and enhanced security measures such as biometric-enabled cards for payments.

TBRC’s Biometric Sensor Market Report Covers:

Major Market Players: 3M Company, Crossmatch, Fulcrum Biometrics LLC, NEC Corporation, Precise Biometrics AB, IDEX ASA, Suprema Inc., ZKTeco Inc., SAFRAN S.A., SUPREMA, Mantra Softech (India) Pvt. Ltd., SparkFun Electronics, BioEnable Technologies Pvt. Ltd., NEXT Biometrics Group ASA, Synaptics Incorporated, HID Global Corporation, Integrated Biometrics, and NITGEN CO.LTD.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Biometric Sensor Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides biometric sensor market overviews, analyzes and forecasts market size, share, biometric sensor market players, biometric sensor market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s biometric sensor market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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