The Asia Pacific Biometric Sensor Market is expected to witness market growth of 20.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Biometric Sensor Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $536.8 million by 2031. The Japan market is registering a CAGR of 19.7% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 21.3% during 2024-2031.
Biometric sensors have become a standard feature in modern smartphones, tablets, and laptops. Fingerprint scanners are common for device unlocking and authorization of financial transactions, while face recognition sensors, particularly in high-end devices, are used for secure access. These biometric systems not only improve the user experience but also enhance the security of personal devices.
Moreover, biometric sensors are embedded into wearable devices such as smartwatches and fitness trackers, enabling heart rate monitoring and step tracking. Integrating biometric technology into consumer electronics has significantly driven market growth.
The rising BFSI (Banking, Financial Services, and Insurance) sector in India and the increasing shipments of smartphones in China are both crucial drivers of growth in the biometric sensor market, each in its context. India’s BFSI sector is expanding rapidly, supported by a significant increase in the number of people with bank accounts and the rise of fintech, projected to reach $150 billion by 2025.
The fintech sector’s rapid growth and the banking sector’s stability have changed the demand for secure and efficient identity verification solutions. Biometric sensors, including fingerprint recognition, facial recognition, and iris scanning, are becoming essential in banking for customer authentication, fraud prevention, and regulatory compliance.
The China market dominated the Asia Pacific Biometric Sensor Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $536.8 million by 2031. The Japan market is registering a CAGR of 19.7% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 21.3% during 2024-2031.
Biometric sensors have become a standard feature in modern smartphones, tablets, and laptops. Fingerprint scanners are common for device unlocking and authorization of financial transactions, while face recognition sensors, particularly in high-end devices, are used for secure access. These biometric systems not only improve the user experience but also enhance the security of personal devices.
Moreover, biometric sensors are embedded into wearable devices such as smartwatches and fitness trackers, enabling heart rate monitoring and step tracking. Integrating biometric technology into consumer electronics has significantly driven market growth.
The rising BFSI (Banking, Financial Services, and Insurance) sector in India and the increasing shipments of smartphones in China are both crucial drivers of growth in the biometric sensor market, each in its context. India’s BFSI sector is expanding rapidly, supported by a significant increase in the number of people with bank accounts and the rise of fintech, projected to reach $150 billion by 2025.
The fintech sector’s rapid growth and the banking sector’s stability have changed the demand for secure and efficient identity verification solutions. Biometric sensors, including fingerprint recognition, facial recognition, and iris scanning, are becoming essential in banking for customer authentication, fraud prevention, and regulatory compliance.
List of Key Companies Profiled
- Synaptics Incorporated
- NEC Corporation
- HID Global Corporation (Assa Abloy AB)
- Fujitsu Limited
- 3M Company
- Infineon Technologies AG
- M2SYS Technology, Inc.
- Aware, Inc.
- Thales Group S.A.
- IDEMIA SAS (Advent International, Inc.)
Market Report Segmentation
By Product
- Optical Sensors
- Capacitive Sensors
- Thermal Sensors
- Ultrasound Sensors
- Electric Field Sensors & Other Products
By Application
- Facial Scan
- Finger Scan
- Hand Scan
- Voice Scan
- Iris Scan
- Vein Scan & Other Applications
By End Use
- Consumer Electronics
- Construction
- Defense
- Medical
- BFSI
- Other End Use
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Biometric Sensor Market by Product
Chapter 6. Asia Pacific Biometric Sensor Market by Application
Chapter 7. Asia Pacific Biometric Sensor Market by End Use
Chapter 8. Asia Pacific Biometric Sensor Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Synaptics Incorporated
- NEC Corporation
- HID Global Corporation (Assa Abloy AB)
- Fujitsu Limited
- 3M Company
- Infineon Technologies AG
- M2SYS Technology, Inc.
- Aware, Inc.
- Thales Group S.A.
- IDEMIA SAS (Advent International, Inc.)
Methodology
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