In-display fingerprint sensors to surpass 300 million units per year by 2022, IHS Markit predicts
The market for in-display fingerprint sensors could grow by 1073 percent in 2019 to over 100 million units shipped, with market growth slowing to a mere 18 percent in 2022 as its adoption scales rapidly to well over 300 million units per year, according to new research from IHS Markit.
The 140-page “Display Fingerprint Technology & Market Report – 2018” examines the emerging technology, supply chain, competition, and growth effecting the market over the next five years. The lead analyst on the report is IHS Markit Director of Touch and User Interface research Calvin Hsieh.
Among the predictions it makes, ultrasound sensors will grow significantly to tens of thousands of units each year by 2022, but optical sensors will dominate the market, making up roughly 275 million of approximately 325 million modules shipped in 2022.
The report covers mobile phones, tablets and notebooks, and covers the competition between fingerprint, iris, and facial recognition technologies, as well as adoption issues for major applications, brands, and end users.
The expected growth in integration of ultrasound and optical sensors with smartphones is forcing several market leaders in capacitive fingerprint sensor technology to acknowledge a changing market landscape and make strategic pivots.
Godfrey Cheng, Vice President of Marketing for Synaptics, which makes optical sensors for smartphones for manufacturers including Vivo, told Biometric Update in a February interview that ultra-sonic sensors made by companies such as Qualcomm were still dealing with “fundamental physics issues”.