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Global Automated Fingerprint Identification System (AFIS) In-Depth Monitoring and Development Analysis Report 2023

Length- 128 Pages | Published Date - 2023-05-16 | Report Id- 4110
Single Licence $3850.00 | Enterprise License $6200.00 | Multiple Licensee $6200.00
Description Table of Contents Table of Figures
The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Automated Fingerprint Identification System (AFIS) Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.

The global Automated Fingerprint Identification System (AFIS) market size in 2022 is 12564.30 million US dollars, and it is expected to be 46918.17 million US dollars by 2029, with a compound annual growth rate of 20.71% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:
The main players in the Automated Fingerprint Identification System (AFIS) market include Safran (France), NEC Technologies India Private Limited (India), FUJITSU (Japan), Aware, Inc. (U.S.), and Gemalto Cogent, Inc. (U.S.). The share of the top 3 players in the Automated Fingerprint Identification System (AFIS) market is XX%.

REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Automated Fingerprint Identification System (AFIS) market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:
The report segments the market by Type and Application. Hardware accounted for XX% of Automated Fingerprint Identification System (AFIS) market in 2022. Software share of XX%.
Banking and Finance accounted for XX% of the Automated Fingerprint Identification System (AFIS) market in 2022. Government accounts for XX%.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it”s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.


Market Trend:
Increasing Demand for Enhanced Security: The growing need for advanced security measures in various sectors such as law enforcement, border control, banking, and healthcare is driving the demand for AFIS solutions. AFIS technology offers accurate and reliable fingerprint identification, aiding in criminal investigations and preventing fraud, thus boosting its adoption.

Rising Crime Rates and Terrorism: The rise in criminal activities and the threat of terrorism worldwide have led to an increased focus on improving identification and verification systems. AFIS plays a crucial role in assisting law enforcement agencies in identifying suspects, solving crimes, and maintaining public safety.

Government Initiatives and Regulations: Governments across the globe are implementing stringent regulations and initiatives to enhance security measures. For instance, many countries have mandated the use of AFIS in various sectors such as law enforcement, immigration, and civil identification. These government initiatives drive the adoption of AFIS technology.

Advancements in Biometric Technology: The continuous advancements in biometric technologies, including fingerprint recognition algorithms, image enhancement techniques, and hardware capabilities, have significantly improved the accuracy and efficiency of AFIS systems. These technological advancements make AFIS solutions more reliable and cost-effective, further driving market growth.

Integration with Other Biometric Modalities: AFIS is increasingly being integrated with other biometric modalities such as facial recognition and iris scanning to provide multimodal biometric systems. This integration enhances the accuracy and reliability of identification processes, leading to wider adoption of AFIS solutions.

The Following is the Scope of Analysis Mainly Covered by Our Research on the Global {XX} Market:
Highlights-Regions
North America
United States
Canada
Asia Pacific
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
South America
Brazil
Argentina
Colombia
Mexico
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Player list
Safran (France)
NEC Technologies India Private Limited (India)
FUJITSU (Japan)
Aware, Inc. (U.S.)
Gemalto Cogent, Inc. (U.S.)
BIO-key International, Inc. (U.S.)
Precise Biometrics AB (Sweden)
secunet Security Networks AG. (Germany)
Thales Group (France)
Cognitec Systems GmbH (Germany)
Crossmatch. (U.S.)
Fulcrum Biometrics, LLC. (U.S.)
Daon (Ireland)
Facebanx (U.S.)
HID Global Corporation/ASSA ABLOY AB. (U.S.)
SUPREMA. (South Korea)
IRITECH, INC. (U.S.)
M2SYS Technology (U.S.)

Types list
Hardware
Software

Application list
Banking and Finance
Government
Hospitality
Healthcare
Transportation
Others

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