Automated Fingerprint Identification System Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global automated fingerprint identification system market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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An automated fingerprint identification system (AFIS) refers to a biometric identification software that uses digital imaging technology to match and evaluate fingerprints from a database. The hardware includes microprocessors, fingerprint modules, and display units. Compared to the traditionally used systems, AFIS gives a higher level of security against fraudulent activities and breaches. It is fast, reliable, convenient, cost-effective, and can easily be integrated into different devices, such as smartphones, wearables, biometric sensors, etc. As a result, AFIS is extensively utilized across various public, private, and commercial sectors.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
Global Automated Fingerprint Identification System Industry Trends and Drivers:
The escalating instances of identity theft and security breaches are primarily driving the global automated fingerprint identification system market. Several law enforcement agencies and other organizations are using AFSI for real-time tracking of individuals and enforcing access control. Besides this, the increasing demand for AFIS in the banking and finance sector to make secure financial transactions and maintain security and privacy is stimulating market growth. Moreover, the widespread usage of AFIS-based security systems at airports and seaports to offer surveillance, immigration control, and authorized access to staff is acting as another growth-inducing factor. Apart from this, the elevating requirement for AFSI in the government sector for crime solving is positively influencing the global market. Furthermore, the rising adoption of AFIS in smartphones and automated teller machines, which use pin and fingerprint-based keys to ensure safe user identification, is expected to propel the growth of the global automated fingerprint identification system market in the coming years.
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Global Automated Fingerprint Identification System Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the global automated fingerprint identification system with the leading players profiled in the report.
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