Globally, biometric fingerprint technology is experiencing increased adoption across industries. Integration of fingerprint sensors in smartphones, tablets, and other Internet of Things (IoT) devices is spurring exponential market growth. Enhanced security, ease of use, and advanced capabilities are making fingerprint sensors popular additions to consumer electronics and subsequently causing a convergence of applications across industries. For example, mobile devices with embedded fingerprint sensors are now used for online banking, payments, time and attendance, and personal identification.
Government and law enforcement agencies use fingerprint sensors and scanners extensively for various applications. Banks and financial services companies use fingerprint technology as well; for instance, smart cards fitted with fingerprint readers are popular in banking and payment applications. Other industries adopting fingerprint biometrics are healthcare; private enterprises for time, attendance, and access control; retail; hospitality; and education. The automotive and smart home sectors are emerging as major adopters of biometric technology, and they will create high demand in the mid-to-long term.
The global fingerprint sensors market is competitive and growing quickly. In a field of about 60 global industry participants, Frost & Sullivan independently plotted the top 12 companies in this Frost Radar™ analysis. The selected market participants exhibit expertise in different fingerprint sensor technologies, such as optical, thermal, capacitive, and ultrasonic. The top sensor manufacturers have introduced sensors that are increasingly thin, lightweight, and flexible for integration into various devices and for high-quality image capture.
The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
Author: Nandini Bhattacharya

Strategic Imperative
Growth Environment
Growth Environment (continued)
Frost Radar™: Global Fingerprint Sensors Market
Frost Radar™: Competitive Environment
Frost Radar™: Competitive Environment (continued)
Egis Technology
Fingerprint Cards
FocalTech Systems
Goodix Technology
IDEX Biometrics
NEXT Biometrics
OXi Technology
Sonavation
Suprema
Synaptics
Touch Biometrix
Vkansee
Strategic Insights
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
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A tailored session with you where we identify the:- Strategic Imperatives
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Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Nandini Bhattacharya |
| Industries | Electronics and Sensors |
| WIP Number | K46C-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 99D5-A1 |
Frost Radar™: Global Fingerprint Sensors Market, 2020
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines
18-Sep-2020
Global
Frost Radar
