Automated Fingerprint Identification System Market was worth US$ 8.97 Bn. in 2023 and total revenue is expected to grow at a rate of 18.4 % CAGR from 2024 to 2030, reaching almost US$ 29.27 Bn. in 2030.Automated Fingerprint Identification System Market Overview:
For gathering, storing, and analyzing fingerprint data, an automated fingerprint identification system, usually known by its acronym, employs digital imaging technologies. It's a form of biometric identification technology that's used to prevent fraud and identify people in general. Afingerprint identification system that reads, matches, and searches latent prints, palm prints, fingerprints, and other data is known as an automated fingerprint identification system. This procedure necessitates the use of hardware such as fingerprint input modules, microcontrollers, displays, and software.To know about the Research Methodology :- Request Free Sample Report
Automated Fingerprint Identification System Market Dynamics:
The demand for automatic fingerprint identification systems to identify individuals for security purposes is being fueled by an increase in criminal and terrorist activities around the world. Crime and terrorism have increased dramatically over the last two decades all throughout the world. Many of these incidents have resulted in significant economic losses as well as deaths. In the near term, these practices might hinder a country's economic growth. For example, the 26/11 terrorist assault in Mumbai, India, claimed 164 lives and caused massive economic damage, negatively impacting the National Stock Exchange and the Bombay Stock Exchange. It also slowed India's GDP growth for roughly 6-8 months. Following the 9/11 attacks in the United States, the overall economic loss (direct and indirect) was about US$ 2 trillion. For a long time, such attacks had an influence on the insurance, trade, tourism, FDI, and hospitality industries. The availability of replacement identifying techniques such as the face, voice, and iris identification and authentication is expected to restrain the growth of the automated fingerprint identification system market. Problems with feature extraction and matching approaches, as well as defective sensors and other issues, such as the inability to collect and compare fingerprint patterns due to distorted fingerprint patterns, are predicted to limit expansion to some extent. Companies in the automated fingerprint identification systems market are developing software that incorporates AI and the Internet of Things. As a result, with an expected value of US$ 17.65 billion by 2030, the software provides the greatest revenue in the market for automated fingerprint recognition systems. As a result, companies are merging identification systems with cutting-edge AI and IoT technologies. The growing use of access control systems in the government and commercial sectors can result in significant revenue opportunities for industry participants. Automated fingerprint identification systems are being developed by government organisations for use in public places such as international airports, police stations, hospitals, and hotels.Automated Fingerprint Identification System Market Segment Analysis:
Based on Component, the market is segmented into Hardware, Software and Services. Over the forecast period, the software segment is expected to dominate the market. The increased demand for integrated AFIS products for individual or criminal identification can be ascribed to this. Additionally, providers of automated fingerprint identification systems are concentrating on building high-performance, standard-compliant systems with full adaptability, allowing users to quickly obtain a solution adapted to their individual business operations. Introduction of an open architectural platform based on AFIS that allows customers to build a bespoke identity management solution by selecting components based on their business needs. Over the forecast period, this is expected to stimulate demand for software. Demand is also expected to be driven by the Application of improved authentication security solutions that allow businesses to incorporate authentication into current applications and remove hardware costs. Based on Application, the market is segmented into Banking and finances, Consumer electronics, Defenses and security, Government and Healthcare. Because of the increased usage of AFIS to provide a unique identification for an individual, which helps reduce concerns such as identity theft and fake identity, the government segment dominated the market. The consumer electronics market is expected to drive demand for advanced authentication and identification systems in smartphones and tablets.Automated Fingerprint Identification System Market Regional Insights:
North America dominated the Automated Fingerprint Identification System (AFIS) industry in terms of revenue. Due to early acceptance of the technology and the presence of significant AFIS providers in the region, this trend is expected to continue over the forecast period. In addition, the market is expected to grow due to rising use in the BFSI, retail, and education sectors. The Federal Bureau of Prisons, U.S. Customs and Border Protection (CBP), and the Federal Bureau of Investigation (FBI), among other important end-users of AFIS technology for criminal identification, are driving the market in North America. Asia Pacific AFIS market is expected to increase significantly. The rise in government programmers to generate personal tax IDs, unique identity numbers, and e-passports, among other things, based on biometric information such as fingerprint, iris, and facial recognition, can be ascribed to this growth. Furthermore, to increase security, governments are focused on the adoption of biometric systems at airports and for border control. As a result, demand is predicted to rise over the forecast periodThe objective of the report is to present a comprehensive analysis of the global Automated Fingerprint Identification System Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Automated Fingerprint Identification System Market dynamics, structure by analyzing the market segments and projects the global Automated Fingerprint Identification System Market size. Clear representation of competitive analysis of key players by Component, price, and financial position, Component portfolio, growth strategies, and Regional presence in the global Automated Fingerprint Identification System Market make the report investor’s guide.Automated Fingerprint Identification System Market Scope: Inquire before buying
Automated Fingerprint Identification System Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US$ 8.97 Bn. Forecast Period 2024 to 2030 CAGR: 18.4% Market Size in 2030: US$ 29.27 Bn. Segments Covered: by Component Software Hardware Services by Application Baking and Finances Consumer electronics Defenses and security Government Healthcare Automated Fingerprint Identification System Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Automated Fingerprint Identification System Market, Key Players are:
1. Biometrics4ALL Inc. 2. Suprema 3. Gemalto NV 4. Crossmatch (HID Global) 5. DERMALOG Identification Systems GmbH 6. M2SYS Technology 7. Morpho SA (IDEMIA) 8. 3M Cogent (US) 9. Safran Identity and Security (US) 10. NEC Corporation (Japan) 11. M2SYS Technology (US) 12. Afix Technologies Inc (US) 13. Biometrics4ALL (US) 14. Fujitsu (Japan) 15. Cross Match Technologies (US) 16. HID Global Corporation (US) 17. Morpho SA (France) 18. The PU HIGH-TECHFrequently Asked Questions:
1) What was the market size of Global Automated Fingerprint Identification System Market markets in 2023? Ans - Global Automated Fingerprint Identification System Market was worth US$ 8.97 Bn in 2023. 2) What is the market segment of Global Automated Fingerprint Identification System Market markets? Ans -The market segments are based on Material of Component and Application. 3) What is forecast period consider for Global Automated Fingerprint Identification System Market markets market? Ans -The forecast period for Global Automated Fingerprint Identification System Market is 2024 to 2030. 4) Which are the worldwide major key players covered for Global market report? Ans - 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. 5) Which region is dominated in Global Market? Ans -In 2023, North America region dominated the Global market.
1. Automated Fingerprint Identification System Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Automated Fingerprint Identification System Market: Dynamics 2.1. Automated Fingerprint Identification System Market Trends by Region 2.1.1. North America Automated Fingerprint Identification System Market Trends 2.1.2. Europe Automated Fingerprint Identification System Market Trends 2.1.3. Asia Pacific Automated Fingerprint Identification System Market Trends 2.1.4. Middle East and Africa Automated Fingerprint Identification System Market Trends 2.1.5. South America Automated Fingerprint Identification System Market Trends 2.2. Automated Fingerprint Identification System Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Automated Fingerprint Identification System Market Drivers 2.2.1.2. North America Automated Fingerprint Identification System Market Restraints 2.2.1.3. North America Automated Fingerprint Identification System Market Opportunities 2.2.1.4. North America Automated Fingerprint Identification System Market Challenges 2.2.2. Europe 2.2.2.1. Europe Automated Fingerprint Identification System Market Drivers 2.2.2.2. Europe Automated Fingerprint Identification System Market Restraints 2.2.2.3. Europe Automated Fingerprint Identification System Market Opportunities 2.2.2.4. Europe Automated Fingerprint Identification System Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Automated Fingerprint Identification System Market Drivers 2.2.3.2. Asia Pacific Automated Fingerprint Identification System Market Restraints 2.2.3.3. Asia Pacific Automated Fingerprint Identification System Market Opportunities 2.2.3.4. Asia Pacific Automated Fingerprint Identification System Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Automated Fingerprint Identification System Market Drivers 2.2.4.2. Middle East and Africa Automated Fingerprint Identification System Market Restraints 2.2.4.3. Middle East and Africa Automated Fingerprint Identification System Market Opportunities 2.2.4.4. Middle East and Africa Automated Fingerprint Identification System Market Challenges 2.2.5. South America 2.2.5.1. South America Automated Fingerprint Identification System Market Drivers 2.2.5.2. South America Automated Fingerprint Identification System Market Restraints 2.2.5.3. South America Automated Fingerprint Identification System Market Opportunities 2.2.5.4. South America Automated Fingerprint Identification System Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Automated Fingerprint Identification System Industry 2.8. Analysis of Government Schemes and Initiatives For Automated Fingerprint Identification System Industry 2.9. Automated Fingerprint Identification System Market Trade Analysis 2.10. The Global Pandemic Impact on Automated Fingerprint Identification System Market 3. Automated Fingerprint Identification System Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 3.1.1. Software 3.1.2. Hardware 3.1.3. Services 3.2. Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 3.2.1. Baking and Finances 3.2.2. Consumer electronics 3.2.3. Defenses and security 3.2.4. Government 3.2.5. Healthcare 3.3. Automated Fingerprint Identification System Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Automated Fingerprint Identification System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 4.1.1. Software 4.1.2. Hardware 4.1.3. Services 4.2. North America Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 4.2.1. Baking and Finances 4.2.2. Consumer electronics 4.2.3. Defenses and security 4.2.4. Government 4.2.5. Healthcare 4.3. North America Automated Fingerprint Identification System Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 4.3.1.1.1. Software 4.3.1.1.2. Hardware 4.3.1.1.3. Services 4.3.1.2. United States Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Baking and Finances 4.3.1.2.2. Consumer electronics 4.3.1.2.3. Defenses and security 4.3.1.2.4. Government 4.3.1.2.5. Healthcare 4.3.2. Canada 4.3.2.1. Canada Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 4.3.2.1.1. Software 4.3.2.1.2. Hardware 4.3.2.1.3. Services 4.3.2.2. Canada Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Baking and Finances 4.3.2.2.2. Consumer electronics 4.3.2.2.3. Defenses and security 4.3.2.2.4. Government 4.3.2.2.5. Healthcare 4.3.3. Mexico 4.3.3.1. Mexico Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 4.3.3.1.1. Software 4.3.3.1.2. Hardware 4.3.3.1.3. Services 4.3.3.2. Mexico Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Baking and Finances 4.3.3.2.2. Consumer electronics 4.3.3.2.3. Defenses and security 4.3.3.2.4. Government 4.3.3.2.5. Healthcare 5. Europe Automated Fingerprint Identification System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.2. Europe Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 5.3. Europe Automated Fingerprint Identification System Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.3.1.2. United Kingdom Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.3.2.2. France Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.3.3.2. Germany Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.3.4.2. Italy Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.3.5.2. Spain Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.3.6.2. Sweden Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.3.7.2. Austria Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 5.3.8.2. Rest of Europe Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Automated Fingerprint Identification System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.2. Asia Pacific Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Automated Fingerprint Identification System Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.1.2. China Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.2.2. S Korea Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.3.2. Japan Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.4.2. India Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.5.2. Australia Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.6.2. Indonesia Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.7.2. Malaysia Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.8.2. Vietnam Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.9.2. Taiwan Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 6.3.10.2. Rest of Asia Pacific Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Automated Fingerprint Identification System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 7.2. Middle East and Africa Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Automated Fingerprint Identification System Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 7.3.1.2. South Africa Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 7.3.2. GCC 7.3.2.1. GCC Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 7.3.2.2. GCC Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 7.3.3.2. Nigeria Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 7.3.4.2. Rest of ME&A Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 8. South America Automated Fingerprint Identification System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 8.2. South America Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 8.3. South America Automated Fingerprint Identification System Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 8.3.1.2. Brazil Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 8.3.2.2. Argentina Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Automated Fingerprint Identification System Market Size and Forecast, by Component (2023-2030) 8.3.3.2. Rest Of South America Automated Fingerprint Identification System Market Size and Forecast, by Application (2023-2030) 9. Global Automated Fingerprint Identification System Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading Automated Fingerprint Identification System Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Biometrics4ALL Inc. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Suprema 10.3. Gemalto NV 10.4. Crossmatch (HID Global) 10.5. DERMALOG Identification Systems GmbH 10.6. M2SYS Technology 10.7. Morpho SA (IDEMIA) 10.8. 3M Cogent (US) 10.9. Safran Identity and Security (US) 10.10. NEC Corporation (Japan) 10.11. M2SYS Technology (US) 10.12. Afix Technologies Inc (US) 10.13. Biometrics4ALL (US) 10.14. Fujitsu (Japan) 10.15. Cross Match Technologies (US) 10.16. HID Global Corporation (US) 10.17. Morpho SA (France) 10.18. The PU HIGH-TECH 11. Key Findings 12. Industry Recommendations 13. Automated Fingerprint Identification System Market: Research Methodology 14. Terms and Glossary
