Automated Fingerprint Identification System (AFIS) Market - Global Industry Analysis

Automated Fingerprint Identification System (AFIS) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-6458 Status : Upcoming

Description

Global Automated Fingerprint Identification System (AFIS) Market: Overview

An automated fingerprint detection and identification system utilizes biometric technology to collect the data imagery of human fingerprints for database comparison to generate a match. Fingerprints are known to be a full-proof technique for identification as each fingerprint is unique. With the evolution of digital technology, fingerprinting is also being utilized as a fraud prevention method in several sectors particularly, defense and banking sector. The technology safeguards the collected sensitive data like personal identification numbers and passwords. Live scanning facilitates real-time fingerprint identification and further compliments the potential of the system.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Automated Fingerprint Identification System (AFIS) Market: Growth Factors

The surging offline and online payment security issues worldwide is one of the major factors driving the growth of the global automated fingerprint identification system (AFIS) market. Some of the important areas of an automatic fingerprint identification system include electronic voter registration & electronic management, digitized driver licensing, biometric visas, e-passport, ID registries, fraud prevention, and general identification. The banking institutions are rapidly penetrating online banking and payment transactions significantly in recent years and thereby propelling the need for advanced identification systems to safeguard their customers. The rapidly growing telecom sector is likely to create many lucrative growth opportunities in the forthcoming years due to the fact that the telecommunication sector is one of the largest users of automated fingerprint identification systems all across the globe. Several initiatives undertaken by the government to encourage e-governance usages are further likely to augment the adoption of identification systems globally. In addition, several factors like growing digitalization along with the emergence of fast-speed networks in underdeveloped and developing economies are widening the scope of the automated fingerprint identification system. However, such growing adoption of these systems is inducing manufacturers to boost their funding and increase the research and development activities to launch distinctive products in the market.

Global Automated Fingerprint Identification System (AFIS) Market: Segmentation

The global automated fingerprint identification system (AFIS) market can be segmented into end-users, components, search types, and regions.

By end-users, the market can be segmented into transport, healthcare, government, defense, security, consumer electronics, banking & finance, and others.

By components, the market segment into service, software, and hardware. The hardware segment can further be bifurcated into displays, microprocessors, fingerprint input module, and other. The software segment accounts for the largest share in the global automated fingerprint identification system (AFIS) market due to the surging demand for the integration of automatic fingerprint identification system solutions. Moreover, the surge in the adoption of identification systems facilitates building high-performance and standard implant systems with rigid modularity that permits users to get customized solutions for their specific business processes.

By search types, the market can be segmented into latent to latent searches and tenprint to tenprint searches. 

Global Automated Fingerprint Identification System (AFIS) Market: Regional analysis

North America accounts for the largest share in the global automated fingerprint identification system (AFIS) market due to the early adoption of these identification technologies in the region. Moreover, the increasing adoption of such solutions specifically by education and financial Institutions in the region will contribute vigorously towards the growth of the regional market. Also, the government initiatives to create a passport, unique identity number, and personal tax ID based on biometric identification systems like face, iris, and fingerprint recognition is further likely to accentuate the growth of the regional market in the forthcoming years.

Asia Pacific is expected to witness significant growth with steady rates due to the ongoing technological advancements in the region. The growing digitalization and use of internet banking will propagate the growth of the regional market vigorously.

Global Automated Fingerprint Identification System (AFIS) Market: Competitive Players

Some of the significant players in the global automated fingerprint identification system (AFIS) market are AFIX Technologies, East Shore Technologies, Inc., Papillon Systems, HID Global Corporation, Sonda Technologies, Fujitsu Limited, SUPREMA, Dermalog Identification Systems GmbH, IDEMIA, Crossmatch, NEC Corporation, Gemalto NV, and M2SYS Technology.

Global Automated Fingerprint Identification System (AFIS) Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The surging offline and online payment security issues worldwide is one of the major factors driving the growth of the global automated fingerprint identification system (AFIS) market. Some of the important areas of an automatic fingerprint identification system include electronic voter registration & electronic management, digitized driver licensing, biometric visas, e-passport, ID registries, fraud prevention, and general identification. The banking institutions are rapidly penetrating online banking and payment transactions significantly in recent years and thereby propelling the need for advanced identification systems to safeguard their customers.

Some of the significant players in the global automated fingerprint identification system (AFIS) market are AFIX Technologies, East Shore Technologies, Inc., Papillon Systems, HID Global Corporation, Sonda Technologies, Fujitsu Limited, SUPREMA, Dermalog Identification Systems GmbH, IDEMIA, Crossmatch, NEC Corporation, Gemalto NV, and M2SYS Technology.

 

North America accounts for the largest share in the global automated fingerprint identification system (AFIS) market due to the early adoption of these identification technologies in the region. Moreover, the increasing adoption of such solutions specifically by education and financial Institutions in the region will contribute vigorously towards the growth of the regional market.

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