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Screen Fingerprint Sensor Market Poised to Reach USD 7.2 Billion by 2031, Globally, at 10.8% CAGR: Market Research Intellect

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A key driver of the Screen Fingerprint Sensor Market is the increasing demand for enhanced biometric security in consumer electronics, particularly smartphones and tablets. With growing concerns over data privacy and cyber threats, manufacturers are prioritizing secure, user-friendly authentication methods. Screen fingerprint sensors, which offer seamless integration into device displays, are gaining popularity as they provide enhanced security without compromising device design or user experience. Advancements in optical and ultrasonic fingerprint sensing technologies are further accelerating market growth, enabling more accurate, fast, and reliable authentication across various conditions, including wet or dirty fingers.
LEWES, Del., Sept. 17, 2024 /PRNewswire/ — The global Screen Fingerprint Sensor Market is projected to grow from approximately USD 3.5 billion in 2024 to USD 7.2 billion by 2031, with a compound annual growth rate (CAGR) of around 10.8%. This growth is driven by increasing adoption in smartphones, tablets, and other smart devices, as well as advancements in biometric security technology.

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202 – Pages126 – Tables37 – Figures
Scope Of The Report
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2031
BASE YEAR
2023
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2020-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Qualcomm Technologies, Inc., Goodix Technology Inc., Synaptics Incorporated, FocalTech Systems Co., Ltd., Egis Technology Inc., IDEX Biometrics ASA, CrucialTec Co., Ltd., Fingerprint Cards AB, OFILM Group Co., Ltd., and Shenzhen Huiding Technology Co., Ltd.
SEGMENTS COVERED
By Type, By Application And By Geography
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope
 
Screen Fingerprint Sensor Market Overview
1. Market Growth and Size
The Screen Fingerprint Sensor Market is anticipated to experience significant growth, with its valuation expected to rise from approximately USD 3.5 billion in 2024 to USD 7.2 billion by 2031. This represents a robust compound annual growth rate (CAGR) of around 10.8%. The expansion is driven by the increasing integration of fingerprint sensors into a variety of devices, including smartphones, tablets, and laptops. As consumers and businesses prioritize security and convenience, the demand for innovative biometric solutions is accelerating. This growth is supported by technological advancements and the widespread adoption of digital payment systems, which require secure authentication methods. Market dynamics are also influenced by the rising consumer preference for seamless, integrated biometric solutions that enhance user experience while maintaining high-security standards.
2. Technological Advancements
Technological advancements play a crucial role in the growth of the Screen Fingerprint Sensor Market. Recent innovations in optical, capacitive, and ultrasonic fingerprint sensing technologies have enhanced the accuracy, speed, and reliability of fingerprint authentication. Optical sensors use light to capture fingerprint patterns, while capacitive sensors rely on electrical signals to detect ridges and valleys in the fingerprint. Ultrasonic sensors, the most advanced, use high-frequency sound waves to create detailed 3D images of fingerprints, even in challenging conditions such as wet or oily fingers. These advancements have led to the development of in-display fingerprint sensors that are seamlessly integrated into device screens, offering a more streamlined user experience and contributing to the market’s expansion.
3. Consumer Demand for Security
The increasing consumer demand for enhanced security is a major driver of the Screen Fingerprint Sensor Market. As digital threats and cyberattacks become more prevalent, consumers are seeking more secure methods of protecting their personal information. Fingerprint sensors provide a high level of security by verifying the unique biometric patterns of an individual’s fingerprints, making unauthorized access more difficult. This demand is particularly evident in the mobile device sector, where fingerprint sensors are increasingly being used to secure sensitive data and facilitate secure transactions. The growing adoption of mobile banking, online payments, and digital identity verification further fuels the need for advanced biometric solutions, driving market growth.
4. Integration in Consumer Electronics
The integration of screen fingerprint sensors in consumer electronics is a significant factor contributing to the market’s expansion. Smartphones, tablets, and laptops are increasingly incorporating fingerprint sensors to enhance security and convenience. The shift towards in-display fingerprint sensors allows manufacturers to create devices with edge-to-edge screens, offering a more aesthetically pleasing and user-friendly design. This integration not only improves device security but also streamlines the user experience by providing quick and easy access without the need for physical buttons. As consumer electronics continue to evolve, the demand for innovative biometric solutions that blend seamlessly with device design is expected to drive further growth in the screen fingerprint sensor market.
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5. Market Segmentation by Technology
The Screen Fingerprint Sensor Market is segmented by technology, including optical, capacitive, and ultrasonic sensors. Each technology offers distinct advantages and applications, influencing market dynamics. Optical sensors use light to capture fingerprint images and are known for their cost-effectiveness. Capacitive sensors detect fingerprint patterns through electrical signals and are widely used due to their accuracy and durability. Ultrasonic sensors, which create detailed 3D images using sound waves, are the most advanced and offer superior performance under various conditions. The segmentation highlights the diverse range of applications and preferences in the market, with each technology catering to different consumer needs and device requirements.
6. Regional Market Insights
Regional insights reveal significant variations in the Screen Fingerprint Sensor Market across different geographies. North America and Europe are leading regions due to their high adoption rates of advanced technologies and strong consumer demand for secure devices. The Asia-Pacific region is also experiencing rapid growth, driven by the large consumer electronics market in countries like China and India. In these regions, increasing smartphone penetration and technological advancements are contributing to market expansion. Additionally, emerging markets in Latin America and the Middle East are gradually adopting fingerprint sensors, influenced by rising digital security needs and growing smartphone usage, further driving global market growth.
7. Competitive Landscape
The competitive landscape of the Screen Fingerprint Sensor Market is characterized by the presence of several key players and continuous innovation. Major companies in the market include Synaptics, Qualcomm, Fingerprint Cards AB, and Goodix Technology, among others. These players are investing heavily in research and development to advance fingerprint sensing technologies and gain a competitive edge. Strategic partnerships, mergers, and acquisitions are common as companies seek to enhance their technological capabilities and expand their market presence. The competitive environment fosters innovation and drives the development of new solutions, contributing to the overall growth and evolution of the screen fingerprint sensor market.
8. Future Trends and Opportunities
Future trends and opportunities in the Screen Fingerprint Sensor Market are likely to be shaped by ongoing technological advancements and evolving consumer preferences. Emerging trends include the development of under-display fingerprint sensors that offer enhanced performance and integration with foldable and flexible displays. Additionally, the integration of biometric sensors with artificial intelligence (AI) and machine learning technologies is expected to further improve accuracy and user experience. Opportunities also exist in expanding applications beyond consumer electronics, such as in automotive and access control systems. As technology continues to advance and new use cases emerge, the screen fingerprint sensor market is poised for continued growth and innovation.
Geographic Dominance:
Geographic dominance in the Screen Fingerprint Sensor Market is primarily led by Asia-Pacific, with countries like China, South Korea, and Japan at the forefront due to their large-scale smartphone manufacturing industries and early adoption of advanced biometric technologies. China, in particular, dominates the market with its high production capacity and strong presence of key smartphone manufacturers such as Huawei, Xiaomi, and Oppo, which heavily integrate screen fingerprint sensors into their devices. North America follows closely, driven by the presence of major technology companies like Apple and Qualcomm, as well as increasing demand for secure authentication methods in consumer electronics. Europe is also a notable player, with countries like Germany and the UK showing strong adoption rates in both consumer electronics and automotive applications. As the demand for enhanced security features grows globally, these regions are expected to continue driving innovation and market expansion.
Screen Fingerprint Sensor Market Key Players Shaping the Future
Key players shaping the future of the Screen Fingerprint Sensor Market include Qualcomm Technologies, Inc., Goodix Technology Inc., Synaptics Incorporated, FocalTech Systems Co., Ltd., Egis Technology Inc., IDEX Biometrics ASA, CrucialTec Co., Ltd., Fingerprint Cards AB, OFILM Group Co., Ltd., and Shenzhen Huiding Technology Co., Ltd.
Screen Fingerprint Sensor Market Segment Analysis
The Screen Fingerprint Sensor market is segmented based on By Type, By Application and Geography, offering a comprehensive analysis of the industry.
1. By Type
The Screen Fingerprint Sensor Market is segmented based on technology types, including optical, capacitive, and ultrasonic sensors:
Optical Sensors: These sensors use light to capture and analyze fingerprint patterns. They are cost-effective and commonly used in various consumer electronics. Optical sensors are characterized by their ability to provide clear images of fingerprints, though they may have limitations in performance under certain conditions, such as low light or glare.Capacitive Sensors: Utilizing electrical signals, capacitive sensors detect the ridges and valleys of fingerprints by measuring changes in capacitance. They are widely used due to their high accuracy and durability. Capacitive sensors perform well under diverse conditions and are less affected by environmental factors compared to optical sensors.Ultrasonic Sensors: These sensors use high-frequency sound waves to create detailed 3D images of fingerprints. Ultrasonic sensors offer superior performance in challenging conditions, such as with wet or oily fingers, and are known for their high accuracy and security features. They represent the latest advancement in fingerprint sensing technology.2. By Application
The market is also segmented based on the application of screen fingerprint sensors:
Smartphones: The largest application segment, smartphones integrate fingerprint sensors to enhance security for unlocking devices, authorizing transactions, and securing sensitive information. The increasing adoption of biometric authentication in smartphones drives significant demand in this sector.Tablets: Fingerprint sensors in tablets are used for secure login, application access, and protecting personal data. As tablets become more prevalent in both personal and professional settings, the demand for integrated fingerprint sensors in these devices is rising.Laptops and PCs: The integration of fingerprint sensors in laptops and personal computers offers improved security for device access and data protection. As remote work and digital transactions increase, the need for secure biometric authentication in computing devices grows.Others: This segment includes various applications such as automotive systems, access control systems, and smart home devices. Emerging applications in these areas are expected to drive additional demand for screen fingerprint sensors.3. By Geography
The Screen Fingerprint Sensor Market is segmented geographically, with key regions including:
North America: Dominated by high technology adoption rates and significant consumer demand for advanced security features. The presence of major technology companies and ongoing innovations in biometric authentication contribute to the region’s leading market position.Europe: Driven by strong consumer preferences for secure devices and technological advancements. The region is characterized by a high level of integration of fingerprint sensors in consumer electronics and enterprise applications.Asia-Pacific: The fastest-growing region due to the large consumer electronics market in countries like China, India, and Japan. Increasing smartphone penetration and advancements in biometric technologies are key factors driving market growth in this region.Latin America: Emerging market with growing adoption of biometric technologies. Increasing smartphone usage and digital security concerns are contributing to the demand for fingerprint sensors.Middle East and Africa: Gradual adoption of fingerprint sensors driven by increasing smartphone penetration and advancements in security technologies. The market in this region is expected to grow as digital security needs rise.                           Electronics And Semiconductor:
The Screen Fingerprint Sensor market within the Electronics and Semiconductor industry is witnessing rapid growth, driven by the increasing demand for secure and user-friendly biometric authentication in smartphones, tablets, laptops, and other smart devices. As manufacturers push for seamless integration of biometric solutions, advancements in optical, capacitive, and ultrasonic fingerprint sensors are revolutionizing the market. These sensors, embedded directly into screens, allow for enhanced security without compromising device design or user experience. In the semiconductor industry, innovations such as miniaturization and power-efficient chips are enabling more advanced fingerprint sensors with faster processing and higher accuracy. The growing adoption of biometric technology in electronic payment systems, digital identity verification, and secure app access is further propelling demand. As key players in the electronics and semiconductor sectors continue to innovate, the screen fingerprint sensor market is poised for substantial expansion, particularly in regions with high smartphone penetration like Asia-Pacific and North America. 
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Nomination Committee for the ASSA ABLOY 2025 Annual General Meeting

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STOCKHOLM, Oct. 11, 2024 /PRNewswire/ — The following representatives of ASSA ABLOY AB’s shareholders will be members of the Nomination Committee for the 2025 Annual General Meeting:

– Johan Menckel, Investment AB Latour, Chairman of the Nomination Committee
– Mikael Ekdahl, Melker Schörling AB
– Marianne Nilsson, Swedbank Robur Fonder
– Yvonne Sörberg, Handelsbanken Fonder
– Carina Silberg, Alecta
The Chairman of the Board, Johan Hjertonsson, has been co-opted to the Nomination Committee.
The Nomination Committee shall prepare proposals for the Annual General Meeting in 2025 regarding the election of Chairman of the General Meeting, members of the Board of Directors, Chairman of the Board, Vice Chairman of the Board, auditor, fees for the members of the Board including division between the Chairman, the Vice Chairman and the other Board members as well as fees for committee work, fees to the company’s auditor and, if necessary, changes to the instructions for the Nomination Committee.
The Annual General Meeting will be held on 23 April 2025, in Stockholm, Sweden.
Shareholders who wish to submit proposals to the Nomination Committee should send an email to [email protected].
For more information, please contact:Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72 Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68
About ASSA ABLOY
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 61,000 employees and sales of SEK 141 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY’s innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world. 
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/nomination-committee-for-the-assa-abloy-2025-annual-general-meeting,c4050379
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AI in Social Media Market worth $10.33 billion by 2029- Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Oct. 11, 2024 /PRNewswire/ — The AI in Social Media Market is projected to grow from USD 2.20 billion in 2024 to USD 10.33 billion by 2029, at a compound annual growth rate (CAGR) of 36.2% during the forecast period, according to a new report by MarketsandMarkets™. The market is expected to grow due to the rise in the need for more personalized user experiences, optimized advertising, and automated customer service.

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315 – Tables 63 – Figures320 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2019-2029
Base year considered
2023
Forecast period
2024-2029
Forecast units
USD (billion)
Segments Covered
Product type, Use case, End user, and Region
Geographics covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Companies covered
Major vendors in the global AI in Social Media Market are Google (US), Meta (US), IBM (US), Sprout Social (US), Sprinklr (US), AWS (US), LivePerson (US), HubSpot (US), Microsoft (US), Adobe (US), Baidu (China), OpenAI (US), Hootsuite (US), Qualtrics (US), Brandwatch (UK), Converseon (US), Meltwater (US), Quid (US), Digimind (France), CreatorIQ (US), Aspire.io (US), Lately.AI (US), SocialPilot (US), Copy.ai (US), Flick (UK), Dash Hudson (US), Jasper (US), Upfluence (US), Ocoya (Lithuania), Upgrow (US), StoryChief (Belgium), Genius.AI (UAE), ContentStudio (US), Emplifi (US), Lumen5 (US), Buffer (US), Narrato (India), Mentionlytics (UK), Kapwing (US), Predis.AI (India), Pictory (US), Midjourney (US), and Synthesia (UK).
The major factors driving the market growth of AI in Social Media Market include the introduction of AI-powered deepfake detection in social media to identify and flag altered content. Social platforms are increasingly relying on advanced AI algorithms to detect and flag manipulated videos, images, and audio, addressing growing concerns about misinformation, fraud, and digital deception. Growth in Gen AI-based content creation tools enables brands to create captivating and unique content. These tools empower brands to effortlessly create captivating, unique content at scale, allowing personalized engagement with audiences. The rising demand for highly personalized content and recommendations tailored to user preferences and behavior are shaping the social media market. This personalization boosts user satisfaction, fosters stronger engagement, and increases time spent on platforms, benefiting users and advertisers. Improved collaboration between influencers and brands is boosting the effectiveness of influencer marketing campaigns with AI. AI tools help brands and influencers to better understand the audiences by analyzing data like preferences, behaviors, and trends. This helps both brands and influencers grow their reach and engagement which makes influencer marketing campaigns successful.
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Advent of Gen AI-based content creation tools enables brands to create captivating and unique content.
The rise of gen AI-based content creation tools has transformed social media by empowering brands to create unique content. These tools are powered by advanced language models, enable automated text generation, images, and videos that cover target audiences, and maintain a dynamic presence on platforms. The utilization of gen AI across sectors such as entertainment, healthcare, and marketing agencies is transforming content creation and customer engagement. Gen AI also simplifies content production workflow, reducing time and cost related to traditional content creation methods.  Global tech giants are investing heavily in AI technologies to improve user experience, enhance advertising effectiveness, and gain competitive advantages in the AI in social media market.
By Product type, the influencer marketing segment registers for the fastest growing market during the forecast period.
By automating and optimizing influencer marketing, AI social media tools enable brands to make data-driven decisions, reach relevant audiences, and ensure their campaigns are more effective and cost-efficient. AI-based social media tools in influencer marketing assist brands in detecting fraudulent influencers, which can improve the ROI, increase sales, and improve the brand’s reputation. For instance, AI content tools like Lumen5, Canva, Jasper, and Midjourney are major tools for improving influencer marketing strategies by crafting high-quality content.
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By region, Asia Pacific to register the highest CAGR market during the forecast period.
 Asia Pacific is a rapidly growing region for AI in social media, compelled by high mobile and internet penetration rates and a young, tech-savvy population. Countries like China, India, Japan, and South Korea are leading the adoption, with social media platforms being central to the region’s social media ecosystem. With the vast amount of content generated in diverse languages, AI in social media is used for content moderation, language translation, and understanding user-generated content, specifically across China and India.
Top Key Companies in AI in Social Media Market:
Some major players in the AI in Social Media Market include Google (US), Meta (US), IBM (US), Sprout Social (US), Sprinklr (US), AWS (US), LivePerson (US), HubSpot (US), Microsoft (US), Adobe (US), Baidu (China), OpenAI (US), Hootsuite (US), Qualtrics (US), Brandwatch (UK), Converseon (US), Meltwater (US), Quid (US), Digimind (France), CreatorIQ (US), Aspire.io (US), Lately.AI (US), SocialPilot (US), Copy.ai (US), Flick (UK), Dash Hudson (US), Jasper (US), Upfluence (US), Ocoya (Lithuania), Upgrow (US), StoryChief (Belgium), Genius.AI (UAE), ContentStudio (US), Emplifi (US), Lumen5 (US), Buffer (US), Narrato (India), Mentionlytics (UK), Kapwing (US), Predis.AI (India), Pictory (US), Midjourney (US), and Synthesia (UK).
Browse Adjacent Markets: Artificial Intelligence (AI) Market Research Reports & Consulting
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NTT DATA signs agreement to acquire Aoop and will become a leader in ServiceNow solutions in Latin America

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BIELEFELD, Germany and SÃO PAULO, Oct. 11, 2024 /PRNewswire/ — NTT DATA Business Solutions AG, a global unit of NTT DATA, announces that the agreement for the acquisition of Aoop, a leading ServiceNow implementation company in Brazil, has been signed. The terms of the acquisition have been finalized between the companies and will be completed following approval from the Administrative Council for Economic Defense (CADE). Founded in 2017, Aoop supports customers across various industries and is a specialist in the acceleration of automated digital strategies. With Aoop, NTT DATA will expand its operations in the Latin American ServiceNow solutions market, complementing a recent acquisition in the UK focused on strengthening this offering in Europe and the United States.

“With the acquisition of Aoop, we significantly increase our competitive strength in Brazil by offering both SAP and ServiceNow solutions, positioning us alongside market leaders,” says Norbert Rotter, CEO, NTT DATA Business Solutions. “This move will not only secure us a leading position in the fast-growing ServiceNow ecosystem but will also integrates a company with a strong market presence and solid financials to NTT DATA. It will be a significant step in driving our strategic objectives, strengthening our partnership with ServiceNow and our commitment to establishing a Center of Excellence in the region.”
Ricardo Fachin, Managing Director of NTT DATA Business Solutions Brazil adds: “The acquisition of Aoop will solidify our leading position in the Brazilian market. It will enhance synergies with our other Latin American and U.S. operations, accelerating our regional growth. As part of ServiceNow’s global strategy, Brazil will become a significant shoring center for the group. Aoop’s comprehensive portfolio, covering all ServiceNow verticals, will benefit all NTT DATA customers.”
With a strategy focused on driving the future of organizations and providing full lifecycle services, Aoop has completed around 2,500 digital transformation projects and has over 300 professionals certified on ServiceNow solutions. This expertise has led the company to become a ServiceNow Elite Partner in record time. The continuous commitment to excellence and the delivery of innovative solutions have established Aoop as a market reference, integrating intelligent efficiency throughout the entire production chain.
“Aoop leads the ServiceNow market in Brazil. Our integration with NTT DATA Business Solutions will allow us to further expand our solution offerings to existing customers, access new opportunities for joint solutions with SAP customers and accelerate our international expansion,” says Luiz Cesar Baptistella, CEO and founder of Aoop.
The acquisition of Aoop will add 120 customers to the portfolio of NTT DATA Business Solutions, which has been operating in Brazil for 25 years. Aoop will become a subsidiary of NTT DATA Business Solutions – Servicos de Tecnologia Ltda. in Brazil and will operate as an independent company after the acquisition, using the brand name “Aoop, an NTT DATA Company”.
For more information visit nttdata-solutions.com.
About NTT DATA Business Solutions
NTT DATA Business Solutions is a leading global IT service provider focused on SAP with a powerful ecosystem of partners. With more than 35 years of in-depth experience, we enable companies worldwide to become Intelligent Enterprises. We deliver end-to-end solutions that accelerate sustainable growth and success – from strategic consulting and implementation to managed services and beyond. As a global strategic SAP partner, we drive innovation and leverage the latest technologies to support our customers individually and across all industries. Our more than 15,300 dedicated employees in over 30 countries work passionately every day to make it happen.
NTT DATA Business Solutions is part of NTT DATA, a $30+ billion trusted global innovator of business and technology services headquartered in Tokyo. As One NTT DATA we serve 75% of the Fortune Global 100 and are committed to helping customers innovate, optimize and transform for long-term success. NTT DATA is part of NTT Group.
Press Contact NTT DATA Business Solutions
Local
Global
Sofia Baldessar
Sales Operation Director
NTT DATA Business Solutions –
Servicos de Tecnologia Ltda.
1440 Visconde de Nacar Street –
13th floor Curitiba, Paraná, Brazil
T: +55 41 988658826
Email: [email protected]
Jasmin Straeter
Head of Global Communications
NTT DATA Business Solutions AG
Königsbreede 1, 33605 Bielefeld, Germany
T: +49 521 9 14 48 108
Email: [email protected]

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