Global Swipe Sensors Market Growth Is Driven By Expanding Smartphone Industry

The global swipe sensors market has been gaining major traction on the back of proliferation of smartphones globally. Swipe sensors are used in a wide range of consumer electronics applications including smartphones, laptops, tablets, wearables, gaming peripherals and digital signage to authenticate users via fingerprint scanning. In smartphones, swipe sensors are embedded in-display or placed underneath the screen on the home button to enable quick and secure unlocking of device via fingerprint recognition. The rising sales of smartphones equipped with fingerprint sensors have boosted the demand for swipe sensors substantially. Over the past few years, nearly all leading smartphone brands have incorporated fingerprint sensors in their flagship models to offer enhanced security features to users. The growing popularity of full-screen smartphone designs have also created opportunities for in-display fingerprint sensors.

The Global Swipe Sensors Market is estimated to be valued at US$ 2.94 BN in 2024 and is expected to exhibit a CAGR of 15% over the forecast period 2024 to 2031.