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Showing posts with the label Fingerprint Sensor Market Drivers

Why Are Fingerprint Sensors Key Features of Smartphones?

The fact that fingerprints can be used to identify an individual has been known since ancient times, with records suggesting the concept to be in practice in Egypt as early as 2,000 BC. By the 1920s, governments around the world were widely using these features as proofs of identity. Then, people were simply made to cover their fingerprints with ink, for their impressions to be recorded on plain paper. With time, the science of capturing, storing, and analyzing fingerprints has advanced significantly, with electronic means now being more widely used. Thus, with the growth of this practice, P&S Intelligence expects the fingerprint sensors market value to rise from $3.8 billion in 2019 at a high 13.6% CAGR between 2020 and 2030 (forecast period).  For the longest time, fingerprints have been leveraged by governments for employee and citizen enrolment and verification. They are used for enrolling people for ration cards and other public services and during criminal investigations...