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Global Automated Fingerprint Identification System (AFIS) market is expected to reach USD 36.6 Billion by 2025 at a CAGR of 23.7% from 2018 to 2025. Rising investments in various sectors to promote E-governance applications and increase in crime rate is expected to stimulate the demand for AFIS technology because it is used to identify criminals.
Market Overview:
Automated Fingerprint Identification System (AFIS) is defined as a type of biometric system that captures a fingerprint with the help of digital imaging, so as to determine the identity of an individual by comparing it with the database of fingerprint records. AFIS is widely adopted as a method used to identify individual user logons.
The AFIS was, primarily, used by the U.S. Federal Bureau of Investigation (FBI) for criminal cases. Gradually, it gained attention for general identification and fraud prevention.
Fingerprints are considered a foolproof method for identification purposes because each fingerprint is unique. Due to advancement of digital technology, fingerprinting is largely being used as a fraud prevention measure. Automated fingerprint verification is widely used in various other systems such as attendance and access control systems.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Automated Fingerprint Identification System (AFIS) Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The Automated Fingerprint Identification System (AFIS) market is segmented on the basis of component, search type and application
The component segment is classified into hardware and software. The hardware segment is divided into fingerprint input modules, microprocessors/microcontrollers displays and others. The fingerprint input modules segment is further sub segmented as sensor type which is again bifurcated into optical sensors, capacitive sensors, ultrasound sensors and thermal sensors. The software segment is categorized in matchers and database fingerprints. The matchers segment is further classified as miniature-based matching and pattern matching. The software segment is dominating the Automated Fingerprint Identification System (AFIS) market and valued as USD 4.60 Billion in 2017 due to the increased adoption of integrated AFIS products.
Search type segment includes tenprint to tenprint search, latent print to latent print search and others. Tenprint to tenprint search segment is dominating the market with the highest market share of 46.7% in 2017. The tenprint searches are used in various sectors such as hospitality, healthcare, and transportation which is mobilising the growth of the tenprint search in AFIS market.
Application segment is divided into segments such as banking & finance, government, hospitality, healthcare, transportation and others. Government and hospitality sectors is growing with the highest CAGR of 25.2% over the forecast period as these sectors involves the use AFIS technology.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global Automated Fingerprint Identification System (AFIS) market with USD 2.45 Billion in 2017 where as the Asia- Pacific region held the second dominant position in the market.
Global Automated Fingerprint Identification System (AFIS) Market Competitive Analysis:
Key players in the Automated Fingerprint Identification System (AFIS) market are 3M Cogent Inc., Morpho SA, NEC Corporation, Fujitsu Ltd., Crossmatch Technologies Ltd., HID Global Corporation, M2SYS Technology, East Shore Technologies, AFIX Technologies Inc., Papillon Systems, Sonda Technologies Ltd., Dermalog Identification Systems GmbH, Safran Identity & Security, Biometrics4ALL, Suprema Incorporation are the top leading players of the market. For instance, in June 2018, Crossmatch declared a strategic partnership with Accordant Technology, Inc. so as to offer advanced authentication solutions to enterprise customers. Through this partnership, Accordant Technology, Ltd. would be an authorized seller of Crossmatch’s DigitalPersona software.
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Scope
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Key Points |
Information |
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Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Billion) {Market Size} Volume (‘000 Units) |
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USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
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Base Year |
2017 |
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Historical Years |
2015-2017 |
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Forecast Period |
2018-2025 |
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Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
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Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global Automated Fingerprint Identification System (AFIS) market on the basis of below mentioned segments:
Global Automated Fingerprint Identification System (AFIS) Market, By Component:
Global Automated Fingerprint Identification System (AFIS) Market, By Search Type:
Global Automated Fingerprint Identification System (AFIS) Market, By Application:
Global Automated Fingerprint Identification System (AFIS) Market, By Regions:
List of Table
List of Figures
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