Automated Fingerprint Identification System Market Scenario:
AFIS (Automated Fingerprint Identification System) is a process of identifying and matching fingerprints against data stored in the database. It is a biometric identification process and has gained quick mileage in the past few years.
In this report by Market Research Future (MRFR), the global AFIS Automated Fingerprint Identification System Market is prognosticated to register an exponential CAGR of 22% across the projection period 2017 to 2022. The global market has been also revealed to reach a valuation of USD 13 Bn by the end of the assessment period.
The technology is extensively used in developed nations by law enforcement. The developing nations are also expected to exhibit increasing demand in the years to come. It is poised to catalyze revenue growth in the AFIS (Automated Fingerprint Identification System) market in the upcoming years. The technology is also used by organizations for tracking their employees. This holds a strong potential to lead the growth of the AFIS (Automated Fingerprint Identification System) market in the upcoming years.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2500
Competitive Dashboard:
3M Cogent, Inc. (U.S.), NEC Corporation (Japan), Safran Identity & Security (U.S.), M2SYS Technology (U.S.), Biometrics4ALL (U.S.), Afix Technologies Inc (U.S.), Fujitsu (Japan), HID Global Corporation (U.S.), Cross Match Technologies, Inc. (U.S.), and M2SYS Technology (U.S.) are few of the prominent players profiled in the assessment of the global AFIS (Automated Fingerprint Identification System) market.
These players are investing extensively in technological developments. It is anticipated to catalyze competitiveness among the market players over the next couple of years. In addition, some of the organic approaches that are poised to be leveraged by these participants are research & development, product innovations, technological advancements, etc. In addition to this, inorganic approaches such as mergers & acquisitions, strategic partnerships, collaborations, etc. are further prognosticated to influence the competitive scenario of the AFIS (Automated Fingerprint Identification System) market greatly over the next couple of years.
Market Segmentation:
- On the basis of component, the AFIS (Automated Fingerprint Identification System) market has been divided into hardware and software.
- Based on type, the segmental analysis of the AFIS (Automated Fingerprint Identification System) market covers latent searches and ten-print searches.
- By end-users, the segments of the AFIS (Automated Fingerprint Identification System) market are healthcare, BFSI, government, transportation, hospitality, education, and others.
Regional Analysis:
The global AFIS (Automated Fingerprint Identification System) market has been assessed on regional and country-level basis in this report. The major regional segments identified for the study are – Europe, Asia Pacific (APAC), North America, and the Rest of the World (RoW). North America currently holds the most substantial share of the global market and is anticipated to retain it through the forecast period. The region has been a pioneer in the introduction and adoption of innovative and advanced technologies.
This factor is assessed to work in favor of the growth of the AFIS (Automated Fingerprint Identification System) market during the forecast period. In addition, some of the key players, such as 3M Cogent, Inc., HID Global Corporation, Safran Identity & Security, and Cross Match Technologies, Inc., among others are based out of the region. Their presence is expected to benefit the growth pattern of the AFIS (Automated Fingerprint Identification System) market in the region across the assessment period.
Europe is also quick in the adoption of technological developments. The region is expected to earn high revenues over the next couple of years. In addition, the region also resonates strong potential for growth owing to the support of the governments in the application of the product. It is anticipated to drive the proliferation of the AFIS (Automated Fingerprint Identification System) market in the region in the foreseeable future.
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued….
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/automated-fingerprint-identification-system-market-2500
List of Tables
Table 1 Global Automated Fingerprint Identification System Market, By Component
Table 2 Global Automated Fingerprint Identification System Market, By Type
Table 3 Global Automated Fingerprint Identification System Market, By End-Users
Continued….
List of Figures
Figure 1 Research Component
Figure 2 Global Automated Fingerprint Identification System Market, By Component (%)
Figure 3 Global Automated Fingerprint Identification System Market, By Type (%)
Continued….
About Market Research Future:
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.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/automated-fingerprint-identification-system-market-2500