Fingerprint Sensors Market Outlook By Share, Demand Status Of Type, Applications And Future Forecast
The banking, financial services, and insurance (BFSI) industry is widely making use of biometric cards, which is opening up wide opportunities for the companies operating in the domain. The rising penetration of connected devices and internet and the increasing risk of thefts and frauds in the BFSI industry is rising, thereby leading to the growing need for mitigating security related threats. Payment cards equipped with fingerprint-reading technology are further more secure and faster than traditional payment cards. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/fingerprint-sensors-market-outlook/report-sample Cards that are integrated with such sensors offer more security than the standard four-digit pin and authenticates users’ identity in less than one second. The fingerprint sensor market generated a revenue of $3.8 billion in 2019 and is projected to progress at a 13.6% CAGR during the forecast period (2020–2030). On the basis of type,...