The global automated fingerprint identification system market is expected USD 11.71 billion in the year 2024, and it is estimated to reach a valuation of USD 34.06 billion by the end of 2029, expanding at an annual growth rate of 23.8% during the forecast period.
The increasing implementation of Automated Fingerprint Identification System as the secure identification system is a factor that is expected to lead the Automated Fingerprint Identification System market during the forecast period. The Automated Fingerprint Identification System is nothing but a biometric identification technique which obtains, stores, and also analyses the finger print data using digital imaging technology.
Another factor such as rise in demand for integrated and automated fingerprint identification system solutions across the globe which influence the growth of Automated Fingerprint Identification System market during the forecast period. Increasing adoption of mobile payment solutions, raise in border management activities and wide adoption of Automated Fingerprint Identification System technology are some of the major driving factors which promotes the growth of the revenue rate of Automated Fingerprint Identification System market during the forecast period.
Availability of substitute identification techniques such as face, voice, iris identification and authentication, Lack of substantial technology breakthroughs that can ensure accuracy is one of the important barriers to market growth. Also, the lack of skilled technicians, problems associated with feature extraction and matching techniques and faulty sensors acts as an important deterrent to the growth of the Automated Fingerprint Identification System market.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
23.8% |
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Segments Covered |
By Component, Search Type, Application, and Region. |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
East Shore Technologies (U.S.), AFIX Technologies Inc. (U.S.), Papillon Systems (Russia), NEC Corporation (Japan), Fujitsu Ltd. (Japan), Crossmatch Technologies Ltd. (U.S.), HID Global Corporation (U.S.), Sonda Technologies Ltd. (Russia), Dermalog Identification Systems GmbH (Germany), and Suprema Incorporation (South Korea), 3M Cogent Inc. (U.S.), Morpho SA (France), M2SYS Technology (U.S.) and Others. |
the Automated Fingerprint Identification System Market is divided into hardware and software. The hardware segment is further bifurcated into fingerprint input modules, microprocessors and microcontrollers, displays and others. The software component segment held the prominent share and is predicted to remain at the forefront throughout the forecast period due to rising demand for integrated Automated Fingerprint Identification System products for individual or criminal identification. Also, the automated fingerprint identification system providers are focussing on developing high performance and standard compliance system with full modularity, which allows the users to get a solution to the specific business process efficiently.
the Automated Fingerprint Identification System Market is divided into ten print to ten print searches and latent to latent searches. The ten print to ten print searches segment holds the major share of the market and this segment is expected to hold the dominance during the forecast period due to increasing use of ten print searches in some of the sectors such as healthcare, hospitality, and transportation.
the Automated Fingerprint Identification System Market is divided into government, healthcare, transportation, hospitality, banking and finance and other applications. The banking & finance segment held prominent share of the market among the other segments due to the factors such as increasing adoption of Automated Fingerprint Identification System technology to facilitate the secure financial transactions promotes the growth of the market.
On the basis of region, the Automated Fingerprint Identification System market is segmented into North America region, Asia Pacific region, Europe region, Latin America region and Middle East and Africa region.
North America region hold the prominent share of the market due to the presence of large number of biometric vendors. Furthermore, the gradual rise in demand for integrated and automated fingerprint identification system solutions in the region especially in some of the countries such as US, Canada and Mexico propels the growth of the market. The North America region is expected to hold the dominance during the forecast period.
Asia Pacific region is also expected to increase the market growth due to the rising adoption among enterprises in the region that are turning towards automated fingerprint identification solutions to secure against the potential threats in some of the major economies of the region such as India, China and Japan propels the growth of the revenue rate of the enterprises software market during the forecast period. Furthermore, the increasing of investments by the major key players of the market for R & D activities and also for the new advancements in the technology is also one of the major driving factor which promotes the growth of the revenue rate of the Automated Fingerprint Identification System market.
Europe region will gain good profits of the market followed by North America region and Asia Pacific region during the outlook period.
Key market participants of Automated Fingerprint Identification System market are East Shore Technologies (U.S.), AFIX Technologies Inc. (U.S.), Papillon Systems (Russia), NEC Corporation (Japan), Fujitsu Ltd. (Japan), Crossmatch Technologies Ltd. (U.S.), HID Global Corporation (U.S.), Sonda Technologies Ltd. (Russia), Dermalog Identification Systems GmbH (Germany), and Suprema Incorporation (South Korea), 3M Cogent Inc. (U.S.), Morpho SA (France), M2SYS Technology (U.S.).
In the month of June 2018, Crossmatch Company has partnered with Accordant Technology Inc. to offer the advanced authentication solutions to enterprise customers and through this strategic partnership, accordant technology ltd would be an authorized seller of crossmatch’s digital persona software.
By Component
By Search Type
By Application
By Region
Frequently Asked Questions
Globally, AFIS is primarily used by law enforcement agencies for criminal identification and investigation. It is also widely used in border control and immigration to prevent identity fraud and manage the entry and exit of individuals. Additionally, AFIS is employed in civil applications such as background checks, voter registration, and secure access control in various industries.
Data privacy concerns with AFIS include the potential misuse of fingerprint data, unauthorized access to the database, and the risk of identity theft. To mitigate these concerns, it is essential to implement strong security measures such as encryption, access control, and regular audits. Additionally, complying with data protection regulations like GDPR (General Data Protection Regulation) is crucial for ensuring the privacy and security of fingerprint data.
Advancements in AFIS technology include the development of more sophisticated algorithms for better matching accuracy, the use of artificial intelligence and machine learning to improve identification processes, and the integration of AFIS with other biometric systems such as facial recognition and iris scanning. Additionally, improvements in fingerprint sensor technology are making it possible to capture higher-quality prints under various conditions.
Different countries integrate AFIS with their national security systems in various ways. In the United States, AFIS is part of the Integrated Automated Fingerprint Identification System (IAFIS) managed by the FBI, which is used for criminal justice and law enforcement purposes. In the European Union, AFIS is integrated with systems like Eurodac for asylum applications and border management. Countries often customize their AFIS integration based on their specific security needs, legal frameworks, and technological capabilities.
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