Global Automated Fingerprint Identification System Market: Industry Analysis and Forecast (2021-2027) by Component, Application and Region.

Global Automated Fingerprint Identification System Market was worth US$ 5.41 Bn. in 2020 and total revenue is expected to grow at a rate of 18.4 % CAGR from 2021 to 2027, reaching almost US$ 17.65 Bn. in 2027.

Global 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. Global Automated Fingerprint Identification System Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysed specially with the impact of lockdown by region

Global 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 2027, 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.

Global 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.

Global Automated Fingerprint Identification System MarketGlobal 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 periodGlobal Automated Fingerprint Identification System MarketThe 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.

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Global Automated Fingerprint Identification System Market

Global Automated Fingerprint Identification System Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Automated Fingerprint Identification System Market key player

• 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

Frequently Asked Questions:

1) What was the market size of Global Automated Fingerprint Identification System Market markets in 2020? Ans - Global Automated Fingerprint Identification System Market was worth US$ 5.41Bn in 2020. 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 2021 to 2027. 4) Which are the worldwide major key players covered for Global Automated Fingerprint Identification System 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 Automated Fingerprint Identification System Market? Ans -In 2020, North America region dominated the Global Automated Fingerprint Identification System Market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Automated Fingerprint Identification System Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Automated Fingerprint Identification System Market 3.4. Geographical Snapshot of the Automated Fingerprint Identification System Market , By Manufacturer share 4. Global Automated Fingerprint Identification System Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Component of Buyers/Consumers 4.1.6.3. Bargaining Component of Suppliers 4.1.6.4. Threat of Substitute Component 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-16 Pandemic on the Global Automated Fingerprint Identification System Market 5. Supply Side and Demand Side Indicators 6. Global Automated Fingerprint Identification System Market Analysis and Forecast, 2020-2027 6.1. Global Automated Fingerprint Identification System Market Size & Y-o-Y Growth Analysis. 7. Global Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 7.1.1. Software 7.1.2. Hardware 7.1.3. Services 7.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 7.2.1. Baking and Finances 7.2.2. Consumer electronics 7.2.3. Defenses and security 7.2.4. Government 7.2.5. Healthcare 8. Global Automated Fingerprint Identification System Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 9.1.1. Software 9.1.2. Hardware 9.1.3. Services 9.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 9.2.1. Baking and Finances 9.2.2. Consumer electronics 9.2.3. Defenses and security 9.2.4. Government 9.2.5. Healthcare 10. North America Automated Fingerprint Identification System Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 12. Canada Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 13. Mexico Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 14. Europe Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 15. Europe Automated Fingerprint Identification System Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 17. France Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 18. Germany Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 19. Italy Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 20. Spain Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 21. Sweden Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 22. CIS Countries Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 23. Rest of Europe Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 24. Asia Pacific Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 25. Asia Pacific Automated Fingerprint Identification System Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 27. India Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 28. Japan Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 29. South Korea Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 30. Australia Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 31. ASEAN Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 32. Rest of Asia Pacific Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 33. Middle East Africa Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 34. Middle East Africa Automated Fingerprint Identification System Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 36. GCC Countries Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 37. Egypt Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 38. Nigeria Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 39. Rest of ME&A Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2020-202 40. South America Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 41. South America Automated Fingerprint Identification System Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 43. Argentina Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 44. Rest of South America Automated Fingerprint Identification System Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Component, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Automated Fingerprint Identification System Market. 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Functionalities and R&D Investment 45.2.2. New Component Launches and Component Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Biometrics4ALL Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Component Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Wavelengths 45.3.2. Suprema 45.3.3. Gemalto NV 45.3.4. Crossmatch (HID Global) 45.3.5. DERMALOG Identification Systems GmbH 45.3.6. M2SYS Technology 45.3.7. Morpho SA (IDEMIA). 45.3.8. 3M Cogent (US) 45.3.9. Safran Identity and Security (US) 45.3.10. NEC Corporation (Japan) 45.3.11. M2SYS Technology (US) 45.3.12. Afix Technologies Inc (US) 45.3.13. Biometrics4ALL (US) 45.3.14. Fujitsu (Japan) 45.3.15. Cross Match Technologies (US) 45.3.16. HID Global Corporation (US) 45.3.17. Morpho SA (France) 45.3.18. The PU HIGH-TECH 46. Primary Key Insights

About This Report

Report ID 118594
Category Engineering Equipment
Published Date Sep 2021
Updated Date
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