Automated Fingerprint Identification System (AFIS) Market Share, Growth and Demand Forecast 2025
The global automated fingerprint identification system (AFIS) market is expected to witness lucrative growth over the forecast period due to the growing investments in the banking & finance sectors and government to support e-governance and secure transactions. With the rising criminal records, the need for the digitalization of the data using AFIS would drive the market for law enforcement applications in the government sector. In addition, the technology evolution and transformation from the manual process to digital process also fuel the AFIS market.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 integration of AFIS technology in mobile devices improves the computer power for fast and precise detection of fingerprints using different algorithms. Furthermore, the increasing adoption of mobile payment solutions shows a positive impact on the AFIS market. The mobile payment solutions ensure safe transactions instead of using password as a safety tool.
The global automated fingerprint identification system (AFIS) market is expected to witness lucrative growth over the forecast period due to the growing investments in the banking & finance sectors and government to support e-governance and secure transactions. With the rising criminal records, the need for the digitalization of the data using AFIS would drive the market for law enforcement applications in the government sector. In addition, the technology evolution and transformation from the manual process to digital process also fuel the AFIS market.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 integration of AFIS technology in mobile devices improves the computer power for fast and precise detection of fingerprints using different algorithms. Furthermore, the increasing adoption of mobile payment solutions shows a positive impact on the AFIS market. The mobile payment solutions ensure safe transactions instead of using password as a safety tool.
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<strong>Automated</strong> <strong>Fingerprint</strong> <strong>Identification</strong> <strong>System</strong> (AFIS)<br />
<strong>Market</strong> <strong>Share</strong>, <strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong> <strong>Forecast</strong> <strong>2025</strong><br />
AFIS <strong>Market</strong> is expected to witness lucrative growth over the forecast period<br />
due to the growing investments in the banking & finance sectors <strong>and</strong><br />
government to support e-governance <strong>and</strong> secure transactions. With the rising<br />
criminal records, the need for the digitalization of the data using AFIS would<br />
drive the market for law enforcement applications in the government sector.<br />
25 th October 2018 - The global <strong>Automated</strong> <strong>Fingerprint</strong> <strong>Identification</strong> <strong>System</strong> (AFIS) <strong>Market</strong> is<br />
expected to witness lucrative growth over the forecast period due to the growing investments in the<br />
banking & finance sectors <strong>and</strong> government to support e-governance <strong>and</strong> secure transactions. With<br />
the rising criminal records, the need for the digitalization of the data using AFIS would drive the<br />
market for law enforcement applications in the government sector. In addition, the technology<br />
evolution <strong>and</strong> transformation from the manual process to digital process also fuel the AFIS market.<br />
The increase in the frequency of internal <strong>and</strong> external security threats, rising need for identification<br />
<strong>and</strong> increasing dem<strong>and</strong> for integrated automated fingerprint identification system solutions also<br />
contribute towards the growth of AFIS industry.<br />
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https://www.millioninsights.com/industry-reports/automated-fingerprint-identification-system-afis-market
The integration of AFIS technology in mobile devices improves the computer power for fast <strong>and</strong><br />
precise detection of fingerprints using different algorithms. Furthermore, the increasing adoption of<br />
mobile payment solutions shows a positive impact on the AFIS market. The mobile payment<br />
solutions ensure safe transactions instead of using password as a safety tool.<br />
<strong>Automated</strong> fingerprint identification is considered as a sophisticated method which has been in<br />
practice for several years. It is an electronic matching of one or more unknown fingerprints against<br />
the database of existing fingerprints. The matching is done on the pattern-based algorithm such as<br />
whorls, arches, <strong>and</strong> loops of the fingerprints. The AFIS market is segmented on the basis of the<br />
component into hardware <strong>and</strong> software. Hardware is further classified into<br />
microprocessors/microcontrollers, matchers, displays <strong>and</strong> fingerprint input modules. The<br />
segmentation is also done on the basis of search type into ten print searches <strong>and</strong> latent searches.<br />
Ten print searches are expected to dominate the segment owing to its wide use in the sectors such<br />
as healthcare, transportation, <strong>and</strong> hospitality.<br />
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On the basis of the application area, the AFIS market is categorized into government sector,<br />
transportation, healthcare, hospitality, <strong>and</strong> banking <strong>and</strong> finance sector. Among these application<br />
areas, the government <strong>and</strong> transportation sector is estimated to hold the significant share of the<br />
AFIS market. The use of automated fingerprint identification system by law enforcement agencies<br />
such as the Federal Bureau of Investigation (FBI) <strong>and</strong> in e-governance applications support the<br />
growth of the market in the government sector. Geographically, North America, Latin America, the<br />
Middle East <strong>and</strong> Africa, Europe <strong>and</strong> Asia Pacific are identified as the major regions in the market.<br />
North America is estimated to dominate the industry due to the presence of a large number of<br />
vendors in this region. Also, early implementation <strong>and</strong> development of the AFIS technology have<br />
helped North America to hold the largest market share.<br />
Asia Pacific is expected to witness the fastest growth over the forecast period. The rising<br />
government initiatives for secure transactions, increasing per capita income <strong>and</strong> growing population
ase are the factors anticipating the dem<strong>and</strong> for automated fingerprint identification system. The<br />
major players in this industry include 3M Cogent Inc., NEC Corporation, Morpho SA, Crossmatch<br />
Technologies Inc., Fujitsu Ltd., HID Global Corporation, Suprema Inc., <strong>and</strong> AFIX Technologies Inc.<br />
Other prominent players are Dermalog <strong>Identification</strong> <strong>System</strong> GmbH, M2SYS Technology, Sonda<br />
Technologies Ltd., East Shore Technologies, <strong>and</strong> Papillon <strong>System</strong>s.<br />
To increase their market share, the companies are adopting competitive strategies such as new<br />
product developments, mergers <strong>and</strong> acquisition, expansion of their product portfolio <strong>and</strong><br />
collaborations. In March 2016, Innovatrics released its next generation automated fingerprint<br />
identification system named as Innovatrics AFIS. The solution is fully scalable, customizable <strong>and</strong><br />
multimodal, <strong>and</strong> can be easily integrated into a customer’s existing biometrics system.<br />
In January 2016, Dermalog <strong>Identification</strong> <strong>System</strong> GmbH has delivered the biometric passports <strong>and</strong><br />
an IT system for e-passport registration <strong>and</strong> personalization to the Republic of Maldives. It has also<br />
delivered a new border control system which includes a high-speed automatic fingerprint<br />
identification system to Maldives immigration. It is considered as one of the most secure devices.<br />
Recently, ID Global Solutions Corporation (a company which provides secure biometric identity <strong>and</strong><br />
electronic transaction solutions) announced its acquisition of FIN Holdings Inc. which is specialized<br />
in biometric fingerprint software technology <strong>and</strong> algorithms. It has also acquired a South African<br />
Company named as Cards Plus SA which provides unique secure credential products <strong>and</strong> solutions<br />
to the government in Africa. This acquisition helps in improving the accuracy of IDGS’s transaction<br />
security <strong>and</strong> financial inclusion platform.<br />
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<strong>Market</strong> Segment:<br />
The major manufacturers covered in this report<br />
• NEC Corporation<br />
• Morpho SA
• 3M Cogent Inc.<br />
• Suprema Inc.<br />
• Dermalog <strong>Identification</strong> <strong>System</strong>s Gmbh<br />
• HID Global Corporation<br />
• Fujitsu Limited<br />
• Crossmatch Technologies Inc.<br />
• M2sys Technology<br />
• Afix Technologies Incorporation<br />
• Papillon <strong>System</strong>s<br />
• East Shore Technologies<br />
• PU HIGH-TECH<br />
On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong><br />
growth rate of each type, primarily split into<br />
• Single Modal AFIS<br />
• Multi Modal AFIS<br />
On the basis of the end users/applications, this report focuses on the status <strong>and</strong> outlook for major<br />
applications/end users, consumption (sales), market share <strong>and</strong> growth rate for each application,<br />
including<br />
• Criminal<br />
• Civil<br />
The Key Points of this report are:<br />
• To analyze <strong>and</strong> study the global <strong>Automated</strong> <strong>Fingerprint</strong> <strong>Identification</strong> <strong>System</strong>s (AFIS) capacity,<br />
production, value, consumption, status (2013-2017) <strong>and</strong> forecast (2018-<strong>2025</strong>);
• Focuses on the key <strong>Automated</strong> <strong>Fingerprint</strong> <strong>Identification</strong> <strong>System</strong>s (AFIS) manufacturers, to study<br />
the capacity, production, value, market share <strong>and</strong> development plans in future.<br />
• Focuses on the global key manufacturers, to define, describe <strong>and</strong> analyze the market competition<br />
l<strong>and</strong>scape, SWOT analysis.<br />
• To define, describe <strong>and</strong> forecast the market by type, application <strong>and</strong> region.<br />
• To analyze the global <strong>and</strong> key regions market potential <strong>and</strong> advantage, opportunity <strong>and</strong> challenge,<br />
restraints <strong>and</strong> risks.<br />
• To identify significant trends <strong>and</strong> factors driving or inhibiting the market growth.<br />
• To analyze the opportunities in the market for stakeholders by identifying the high growth<br />
segments.<br />
• To strategically analyze each submarket with respect to individual growth trend <strong>and</strong> their<br />
contribution to the market<br />
• To analyze competitive developments such as expansions, agreements, new product launches,<br />
<strong>and</strong> acquisitions in the market<br />
• To strategically profile the key players <strong>and</strong> comprehensively analyze their growth strategies.<br />
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