BFSI segment is expected to increase significantly. The rising deployment of AFIS technology to support secure financial transactions can be ascribed to this growth. Standard Bank, for example, offered fingerprint authentication technology for mobile banking in April 2015 for clients who have fingerprint access control enabled phones or tablets. Bank of America filed a patent application in 2013 for biometric ATMs that would employ a pin code and fingerprint biometrics to deposit and withdraw cash.
Despite a huge decline in the sales of Components during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 18.4%, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Market in the region, the Value – Chain analysis, and the PORTER’s analysis for the Global Automated Fingerprint Identification System Market at a global level.
The study is consolidated on the basis of segments and further into sub-segments, by Component (Software, Hardware and Services) by Application (Banking and Finances, Defenses and security, Consumer electronics, Government and Healthcare)
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key Players- Biometrics4ALL Inc., Suprema, Gemalto NV, Crossmatch (HID Global), DERMALOG Identification Systems GmbH, M2SYS Technology, Morpho SA (IDEMIA)., 3M Cogent (US), Safran Identity and Security (US), NEC Corporation (Japan), M2SYS Technology (US), Afix Technologies Inc (US), Biometrics4ALL (US), Fujitsu (Japan), Cross Match Technologies (US), HID Global Corporation (US), Morpho SA (France), The PU HIGH-TECH.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Automated Fingerprint Identification System Market.”
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