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Global In-Display Fingerprint Chips Market Set to Reach USD 5,495.6 Million by 2029

The global In-Display Fingerprint Chips market is experiencing robust growth and is poised to reach a readjusted size of USD 5,495.6 million by 2029. This substantial growth is anticipated over the forecast period from 2023 to 2029, at a steady Compound Annual Growth Rate (CAGR) of 6.4%. The market valuation stood at USD 3,552.6 million in 2022. Various factors, including the impact of COVID-19 and the Russia-Ukraine War, have been considered while estimating market sizes.

Evolution of In-Display Fingerprint Recognition Technology

In-Display Fingerprint Chips represent a significant technological advancement in the field of biometrics. These chips enable fingerprint recognition through smartphone screens, providing users with a more convenient, rapid, and secure unlocking experience. The technology primarily relies on optical and ultrasonic fingerprint recognition chips.

Optical vs. Ultrasonic Technology

Optical fingerprint recognition chips operate by using the light generated by an OLED screen to illuminate the user’s finger. The reflected light is then captured by a fingerprint recognition sensor under the screen to generate a fingerprint image. In contrast, ultrasonic technology, led by Qualcomm, actively emits ultrasonic waves that penetrate the screen and reach the user’s skin. The technology constructs a 3D fingerprint image by detecting the difference between the fingerprint surface and air density. Unlike optical recognition, ultrasonic technology can work with wet hands and penetrate the skin, making it more versatile.

Market Drivers

The market for In-Display Fingerprint Chips is driven by consumer demand for convenient, fast, and secure smartphone unlocking methods. The expansion of production scale and continuous technological advancement have led to a decrease in the production cost of these sensors, further supporting market development.

Leading Industry Players

Key players in the global In-Display Fingerprint Chips market include Synaptics, Fingerprint Cards, Qualcomm, AuthenTec, and Goodix Technology, among others. These companies are pivotal in shaping the market and driving innovations in fingerprint recognition technology.

Market Insights

The report provides comprehensive insights into the global In-Display Fingerprint Chips market, spanning from 2018 to 2022, with forecasts extending to 2029. It offers a detailed analysis of competitive dynamics among manufacturers, market trends, supply and demand, and key factors influencing changing market demands across various segments. The report also presents company profiles and product examples of selected competitors and provides market share estimates for the year 2023.

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