The "Under-display Fingerprint Module Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Under-display Fingerprint Module market is expected to grow annually by 4.2% (CAGR 2024 - 2031).
This entire report is of 116 pages.
Under-display Fingerprint Module Introduction and its Market Analysis
The Under-display Fingerprint Module market research reports indicate a growing demand for this technology due to its secure and convenient biometric authentication. The target market includes smartphone manufacturers, security companies, and government agencies. Major revenue drivers include increased smartphone adoption, rising security concerns, and technological advancements. Companies such as Ofilm, Q Technology, and Fingerprint Cards are leading the market with innovative products. The main findings of the report highlight the potential for significant revenue growth in the coming years, with recommendations for companies to invest in research and development to stay competitive in the evolving market landscape.
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The under-display fingerprint module market is experiencing rapid growth, with a variety of module types such as capacitive, optical, and ultrasonic being utilized in smartphones, PCs, and other devices. These modules offer enhanced security and convenience for users, driving their widespread adoption in the market.
Regulatory and legal factors specific to the market conditions play a crucial role in shaping the growth trajectory of under-display fingerprint module market. Compliance with data protection laws and regulations, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the US, is essential for market players to ensure consumer trust and loyalty.
Moreover, patent infringement issues and intellectual property rights protection also pose challenges for companies operating in the market. In order to navigate these regulatory and legal complexities, market players need to stay informed about the latest developments and trends in the industry, and collaborate with regulatory bodies to ensure compliance and uphold ethical standards in the under-display fingerprint module market.
Top Featured Companies Dominating the Global Under-display Fingerprint Module Market
The under-display fingerprint module market is highly competitive with several key players dominating the industry. Some of the prominent companies operating in this market include Ofilm, Q Technology, Truly International Holdings, Holitech, Primax, GIS, Goodix, IDEMIA, HID Global, Fingerprint Cards, Suprema, Silead, Qualcomm, and Partron.
These companies offer a range of under-display fingerprint modules that cater to various applications such as smartphones, tablets, laptops, and automotive industries. They use advanced technologies to develop innovative products that provide enhanced security features and user experience.
Ofilm is a leading provider of under-display fingerprint modules and has a strong presence in the market. Q Technology and Truly International Holdings are also key players known for their high-quality products and cutting-edge technology. Holitech, Primax, GIS, and Goodix are other major players contributing to the growth of the under-display fingerprint module market.
These companies help to grow the under-display fingerprint module market by investing in research and development activities to introduce new products and improve existing ones. They also focus on strategic partnerships and collaborations to expand their market reach and increase their customer base.
In terms of sales revenue, Goodix reported a revenue of billion RMB in 2020, while IDEMIA had a revenue of 3.26 billion EUR in the same year. Fingerprint Cards reported a revenue of 1.54 billion SEK in 2020. These figures highlight the significant market presence and financial performance of these companies in the under-display fingerprint module market.
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Under-display Fingerprint Module Market Analysis, by Type:
Capacitive fingerprint modules use electrical current to map the ridges and valleys of a fingerprint, offering fast and accurate authentication. Optical modules use light to capture fingerprint details and are known for their high resolution images. Ultrasonic modules use sound waves to create a 3D image of the fingerprint, making them more secure against spoofing. These advanced technologies have significantly improved the accuracy and speed of under-display fingerprint sensors, boosting demand in the market for secure and convenient biometric authentication solutions. The variety of options available also cater to different needs and preferences of consumers, further driving market growth.
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Under-display Fingerprint Module Market Analysis, by Application:
The application of Under-display Fingerprint Module is primarily found in smartphones, PCs, and other electronic devices. This technology allows users to securely unlock their device by simply placing their finger on the designated area on the screen. In smartphones, this feature provides added security and convenience for users. In PCs, it allows for quick and easy login access without the need for passwords. The fastest growing application segment in terms of revenue is smartphones, as more and more manufacturers are incorporating this technology into their devices to meet the demand for secure and efficient biometric authentication methods.
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Under-display Fingerprint Module Industry Growth Analysis, by Geography:
North America:
Europe:
Asia-Pacific:
Latin America:
Middle East & Africa:
The Under-display Fingerprint Module market is experiencing significant growth in various regions. In North America, the United States and Canada are seeing a rise in adoption, while in Europe, countries like Germany, France, and the . are leading the market. In Asia-Pacific, China, Japan, South Korea, India, and Australia are driving growth, with China dominating the market share. In Latin America, Mexico and Brazil are key players, while in the Middle East and Africa, Turkey, Saudi Arabia, and the UAE are showing strong growth. Overall, Asia-Pacific is expected to dominate the market with a market share of around 40%. Europe and North America are also projected to have significant market shares at around 25% each. Latin America and the Middle East & Africa are expected to hold smaller market shares of around 5-10%.
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