The fingerprint biometric is used for the authentication and identification of a person’s identity via the scan of his/her fingerprints. The ridges and valleys in the pre-scanned fingerprint images are compared with the fingerprints scan of the person trying to gain access to an application or a device. The solution is the most widely accepted for individuals and enterprises across the world. The solution is cost effective, and has witnessed a rise in popularity after various mobile device vendors have embedded fingerprint authentication feature in their products.

The fingerprint biometric framework is now evolving as “Biometric as a service”, wherein the services available are enrolment, authentication, and identification via cloud. Although, issues with capturing fingerprint, possibility of fingerprint forgery, and rise in competition from other biometric technologies are the inhibitors to the growth of fingerprints biometric market.

The rise in number of security threats, strict government compliances, and growing focus of businesses on best safety practises are some of the major drivers for the growth of fingerprint biometrics market.  The market is segmented by technology, applications, verticals and regions. Some of the fingerprint biometrics market vendors are Safran SA, IDEX ASA, 3M Cogent, Fingerprint Cards AB, Precise Biometrics AB and Fulcrum Biometrics LLC.

The study covers and analyses the “Fingerprint Biometric” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.