Automated Fingerprint Identification Systems Market Size, Share & Industry Analysis By Component (Hardware, Software, Services), By End-use Industry (BFSI, Government, Healthcare, Hospitality, Transportation, Others) And Regional Forecast, 2024-2032

Automated fingerprint identification system (AFIS) is a biometric identification (ID) method which is used for storing and analyzing digital fingerprints. Automated fingerprint identification system is used mostly for two applications that includes the fingerprint identification and fingerprint verification. AFIS was introduced around more than two decades ago and it is significantly being used by investigation department of various countries in criminal cases. Demand for automated fingerprint identification system (AFIS) technology is significantly increasing in the criminal investigation application for the identification of criminals. Thus, increasing crime rate is anticipated to drive the demand for AFIS technology. Considering the aforementioned factors, demand for automated fingerprint identification systems market is growing among end-use industries which is expected to propel the growth of the automated fingerprint identification systems market.

Automated fingerprint identification system uses digital imaging technology to collect and store fingerprints. These fingerprints are matched with the database records to help identify an individual. Furthermore, government of various countries are focusing on linking one identification proof with another identification proof of the same individual which helps to make the administrative system of the country more transparency. AFIS technology is significantly used in electronic devices such as smartphones, tablets, and laptops, etc. to unlock the device and complete the mobile payment solution is anticipated to fuel the market growth. In addition, demand for integrated solutions, increasing security threats, and rise in online transactions are expected to propel the market growth. These has increased concern for confidentiality and integrity of the organizational data. Additionally, market vendors operating in automated fingerprint identification system market are prominently focusing on incorporating innovative software enabled with AI and IoT technologies to provide enhanced and more reliable AFIS technology is expected to drive the market growth.

IMPACT OF COVID-19 ON AUTOMATED FINGERPRINT IDENTIFICATION SYSTEMS MARKET

The COVID-19 had moderate impact on the automated fingerprint identification systems market. COVID-19 pandemic has ramifications for the AFIS providers for short term as well as long term outlook. Due to pandemic, many businesses, manufacturing plants, retail business were negatively affected due to imposition of lockdown. However, the pandemic has resulted in the shift of many organizations toward contactless identification system. Post COVID-19, demand of contactless identification system has significantly increased in organizations across the globe. Also, many small and medium size enterprises and large enterprises have increased their budget spending for contactless fingerprint identification system. Even after the pandemic recedes, the demand for contact based fingerprint system is expected to reduce. Thus, it is analyzed that COVID-19 pandemic has transformed the organizations approach towards fingerprint identification system and it has moderately impacted the automated fingerprint identification systems market.

KEY INSIGHTS

The report will cover following key insights:

• Micro Macro Economic Indicators


• Drivers, Restraints, Trends and Opportunities


• Business Strategies Adopted by the Players


• Impact of COVID-19 on Automated Fingerprint Identification Systems Market


• Consolidated SWOT Analysis of Key Players

REGIONAL ANALYSIS

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North America is expected hold the largest market share in the global market. AFIS market in North America is mainly driven by law enforcement agencies, such as Federal Bureau of Investigation (FBI), Federal Bureau of Prisons, and U.S. Customs and Border Protection (CBP) among others uses automated fingerprint identification system for criminal identification. Furthermore, growing adoption of AFIS by healthcare, education, BFSI, and retail sector is anticipated to fuel the growth of the market in region. In addition, the presence of major market players such as Crossmatch Technologies Inc., HID Global Corporation, M2SYS Technology, and AFIX Technologies Inc. among others helps in generating revenue in the region.

Asia Pacific is anticipated to offer significant growth opportunities as there is rise in adoption of automated fingerprint identification system among law enforcement agencies and enterprises that are using AFIS solutions to secure against potential threats. Growing adoption of automated fingerprint identification systems across China, India, Singapore, South Korea and others are expected to drive the market growth rapidly in this region. Furthermore, increase in awareness among the end-users regarding the use of AFIS for security purposes, availability of devices based on these technologies at lower cost, and technological advancements in the system plays an important role for the prominent growth of the market in the APAC region. In addition, presence of adequate number of market vendors is propelling demand for automated fingerprint identification systems in the region.

KEY PLAYERS COVERED

The report will include the profiles of key players such as NEC Corporation, Fujitsu Ltd., Sonda Technologies, Morpho SA, Suprema Incorporation, Crossmatch Technologies Inc., HID Global Corporation, Papillon Systems, M2SYS Technology, Gemalto NV, Biometrics4ALL Inc., AFIX Technologies Inc., and others.

Key players in the market like Trend NEC Corporation, Fujitsu Ltd., Morpho SA, and Suprema Incorporation etc. are entering into strategic partnerships and collaborations to expand the business. Market players are focused on new product launch and product enhancement in existing product to accelerate market growth.

SEGMENTATION

KEY INDUSTRY DEVELOPMENTS

• January 2021- Fujitsu Ltd announced development of a novel multi-factor biometric authentication technology. This technology offers non-contact biometrics shopping experience through facial data with identification.


• June 2019- NEC Technologies India partnered with Centre for Development of Advanced Computing (C-DAC). Through this partnership NEC deployed its automated fingerprint identification system (AFIS) for the Kerala State Police.