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Global fingerprint sensors market the most popular form of biometric technology

Global fingerprint sensors market the most popular form of biometric technology

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2012-12-04 17:58:56 - Global fingerprint sensors market the most popular form of biometric technology

The global fingerprint sensors market has been forecast to hit a value of US$255 million by 2018, driven by technological advancements and growth in several Internet applications. Social networks´ demand for a robust mechanism for securing the digital identity of users represents another important growth driver.Despite the popular perception that the security Industry is one of the most recession resilient industries worldwide, capable of providing a positive rate of return to an economy´s GDP, the global fingerprint sensors market ironically showed signs of weakening during the midst of steady deterioration in business climate between 2007 and 2009.We have all seen spy movies where the hero enters a high security door with a swipe of his fingerprint. However, did you know



that this application is now widely used for security systems all around the world? Fingerprint sensors can be found in all sorts of applications such as mobile phones, lap tops, security doors, immigration, park tickets, etc. The most common use for the everyday user is possibly fingerprint authentication for computers.This method of identification technology called biometrics, measures and analyses unique biological features such as fingerprints, eye retinas and irises, voice patterns, facial patterns and hand measurements, for authentication purposes.Due to its relatively low cost and extreme reliability, fingerprint authentication is the most popular choice in biometric technology. Nowadays, it is quite common to find a notebook PC and computer peripherals with built-in fingerprint readers. This means that only the person with a pre-registered fingerprint can log on to the computer and access the files within it.Major players currently dominating the global fingerprint sensors market include Atmel Corporation, AuthenTec Inc., Fingerprint Cards AB, Fujitsu Limited, Hangzhou Synochip Technologies Co. Ltd., IDEX ASA, Jiangsu Winch Corp. Ltd., Validity Sensors Inc.For more information on the global fingerprint sensors market, see the latest research: Global Fingerprint Sensors MarketFollow us on Twitter @CandMResearch

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