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Automated Fingerprint Identification System Market Trends, Growth And Regional Outlook 2027
Automated Fingerprint Identification System Market Trends, Growth And Regional Outlook 2027
AFIS (Automated Fingerprint Identification System) Market Research Report: By Component (Hardware, Software), By Type (Latent Searches, Ten-print Searches), By End-users (Healthcare, BFSI, Government, Transportation, Retail, Education, Hospitality, Others) - Forecast till 2027

Overview

The global AFIS (Automated Fingerprint Identification System) market is expected to reach USD 33,395.2 million by 2026 at a CAGR of 23.8% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years. Automated fingerprint authentication system providers offer various technologies such as fingerprint and palmprint identification, positive identification, palm and slap matching, enhanced search sending to other AFIS, live scan units, mugshot systems, criminal history systems, etc.   

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Segmental Analysis

The global Automated Fingerprint Identification Software Market has been segmented based on component, type, end-users, and region. 

Based on search type, the global market has been segmented into latent searches, ten-print searches. The ten-print searches systems segment accounted for the largest market share of 56.2% in 2018, with a market value of USD 56.2 million; it is expected to register a CAGR of 24.8% during the forecast period. The latent searches segment was the second-largest market in 2018. Ten-print searches require all ten fingers to be scanned by the fingerprint scanner. These are generally used in law enforcement, government records, elections, border control, and immigration applications. These fingerprints are known as latent prints and are collected through photography. Latent searches for fingerprints are used in criminal investigations and serve as important pieces of evidence that can help link a crime to potential suspects. Latent fingerprints are invisible and are generally formed when the body’s natural oils and sweat are deposited onto another surface through fingers. 

Competitive Analysis

The key players of the global Automated Fingerprint Identification System Market are 3M Cogent, Inc. (U.S.), Safran Identity & Security (U.S.), NEC Corporation (Japan), M2SYS Technology (U.S.), Afix Technologies Inc (U.S.), Biometrics4ALL (U.S.), Fujitsu (Japan), Cross Match Technologies, Inc. (U.S.), HID Global Corporation (U.S.), M2SYS Technology (U.S.) among others.  

In April 2020, Fujitsu Frontech Limited, a subsidiary of Fujitsu announced acquisition of a Texas-based biometric hardware, software and solutions provider- Fulcrum Biometrics. 

In August 2020 , HID Global Corporation acquired Access-IS, a leading provider of Miniaturized Reader Devices. With this acquisition, the company has broadened its product portfolio and expanded its market reach with enhanced customer base. 

In April 2019, IDEMIA announced launch of a new product- RapID X1, a handheld wireless biometric fingerprint identification device that provides real-time mobile identification assisting law enforcement officers in identifying potential suspects.

In January 2019, Suprema announced that the company has signed an agreement on distribution of commercial software license with Qualcomm Technologies, Inc. for licensing of Suprema’s BioSign, an under-display fingerprint recognition algorithm.

In September 2018, HID Global Corporation acquired a Florida, US-based biometric identity management & secure authentication solutions provider- Crossmatch. 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.