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Automated Fingerprint Identification Systems (AFIS) Industry Demand, Growth, Opportunities, Analysis and Forecast to 2022

The increase in the frequency of internal and external security threats, rising need for identification and increasing demand for integrated automated fingerprint identification system solutions also contribute towards the growth of AFIS industry

The increase in the frequency of internal and external security threats, rising need for identification and increasing demand for integrated automated fingerprint identification system solutions also contribute towards the growth of AFIS industry

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<strong>Au<strong>to</strong>mated</strong> fingerprint identification is considered as a sophisticated method which has been in practice for several<br />

years. It is an electronic matching of one or more unknown fingerprints against the database of existing fingerprints.<br />

The matching is done on the pattern-based algorithm such as whorls, arches, <strong>and</strong> loops of the fingerprints. The <strong>AFIS</strong><br />

market is segmented on the basis of the component in<strong>to</strong> hardware <strong>and</strong> software. Hardware is further classified in<strong>to</strong><br />

microprocessors/microcontrollers, matchers, displays <strong>and</strong> fingerprint input modules. The segmentation is also done<br />

on the basis of search type in<strong>to</strong> ten print searches <strong>and</strong> latent searches. Ten print searches are expected <strong>to</strong> dominate<br />

the segment owing <strong>to</strong> its wide use in the sec<strong>to</strong>rs such as healthcare, transportation, <strong>and</strong> hospitality.<br />

On the basis of the application area, the <strong>AFIS</strong> market is categorized in<strong>to</strong> government sec<strong>to</strong>r, transportation, healthcare,<br />

hospitality, <strong>and</strong> banking <strong>and</strong> finance sec<strong>to</strong>r. Among these application areas, the government <strong>and</strong> transportation sec<strong>to</strong>r<br />

is estimated <strong>to</strong> hold the significant share of the <strong>AFIS</strong> market. The use of au<strong>to</strong>mated fingerprint identification system<br />

by law enforcement agencies such as the Federal Bureau of Investigation (FBI) <strong>and</strong> in e-governance applications<br />

support the growth of the market in the government sec<strong>to</strong>r. Geographically, North America, Latin America, the Middle<br />

East <strong>and</strong> Africa, Europe <strong>and</strong> Asia Pacific are identified as the major regions in the market. North America is estimated<br />

<strong>to</strong> dominate the industry due <strong>to</strong> the presence of a large number of vendors in this region. Also, early implementation<br />

<strong>and</strong> development of the <strong>AFIS</strong> technology have helped North America <strong>to</strong> hold the largest market share.<br />

Asia Pacific is expected <strong>to</strong> witness the fastest growth over the forecast period. The rising government initiatives for<br />

secure transactions, increasing per capita income <strong>and</strong> growing population base are the fac<strong>to</strong>rs anticipating the dem<strong>and</strong><br />

for au<strong>to</strong>mated fingerprint identification system. The major players in this industry include 3M Cogent Inc., NEC<br />

Corporation, Morpho SA, Crossmatch Technologies Inc., Fujitsu Ltd., HID Global Corporation, Suprema Inc., <strong>and</strong> AFIX<br />

Technologies Inc. Other prominent players are Dermalog <strong>Identification</strong> System GmbH, M2SYS Technology, Sonda<br />

Technologies Ltd., East Shore Technologies, <strong>and</strong> Papillon <strong>Systems</strong>.<br />

Get a Sample Copy of This Report @<br />

https://www.millioninsights.com/industry-reports/au<strong>to</strong>mated-fingerprint-identification-system-afis-market/request-sample<br />

To increase their market share, the companies are adopting competitive strategies such as new product developments,<br />

mergers <strong>and</strong> acquisition, expansion of their product portfolio <strong>and</strong> collaborations. In March 2016, Innovatrics released<br />

its next generation au<strong>to</strong>mated fingerprint identification system named as Innovatrics <strong>AFIS</strong>. The solution is fully<br />

scalable, cus<strong>to</strong>mizable <strong>and</strong> multimodal, <strong>and</strong> can be easily integrated in<strong>to</strong> a cus<strong>to</strong>mer’s existing biometrics system.<br />

In January 2016, Dermalog <strong>Identification</strong> System GmbH has delivered the biometric passports <strong>and</strong> an IT system for e-<br />

passport registration <strong>and</strong> personalization <strong>to</strong> the Republic of Maldives. It has also delivered a new border control system<br />

which includes a high-speed au<strong>to</strong>matic fingerprint identification system <strong>to</strong> Maldives immigration. It is considered as<br />

one of the most secure devices. Recently, ID Global Solutions Corporation (a company which provides secure biometric<br />

identity <strong>and</strong> electronic transaction solutions) announced its acquisition of FIN Holdings Inc. which is specialized in<br />

biometric fingerprint software technology <strong>and</strong> algorithms. It has also acquired a South African Company named as<br />

Cards Plus SA which provides unique secure credential products <strong>and</strong> solutions <strong>to</strong> the government in Africa. This<br />

acquisition helps in improving the accuracy of IDGS’s transaction security <strong>and</strong> financial inclusion platform.

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