{"product_id":"global-automated-fingerprint-identification-system-afis-market-size-study-forecast-by-component-hardware-software-services-by-end-use-banking-finance-consumer-electronics-defence-security-government-healthcare-transport-logistics-other","title":"Global Automated Fingerprint Identification System (AFIS) Market Size study \u0026 Forecast, by Component (Hardware, Software, Services) by End-use (Banking \u0026 Finance, Consumer Electronics, Defence \u0026 Security, Government, Healthcare, Transport\/Logistics, Other","description":"\u003cp\u003eGlobal Automated Fingerprint Identification System (AFIS) Market Size study \u0026amp; Forecast, by Component (Hardware, Software, Services) by End-use (Banking \u0026amp; Finance, Consumer Electronics, Defence \u0026amp; Security, Government, Healthcare, Transport\/Logistics, Others) and Regional Analysis, 2023-2030\u003cbr\u003e\nGlobal Automated Fingerprint Identification System (AFIS) Market is valued approximately USD 12.46 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 21.00% over the forecast period 2023-2030. The Global Automated Fingerprint Identification System (AFIS) Market refers to the market for biometric identification systems that use fingerprints to authenticate individuals. It includes hardware and software components such as scanners, databases, and matching algorithms that enable the capture, storage, and comparison of fingerprints for identification and verification purposes. The AFIS technology finds its application in various sectors such as law enforcement agencies, government agencies, and private organizations for security, identification, and authentication purposes. The major driving factors for the Global Automated Fingerprint Identification System (AFIS) Market are increasing need for security and law enforcement and rising adoption of biometric authentication. Moreover, government initiatives and technological advancement is creating lucrative growth opportunity for the market over the forecast period 2023-2030.\u003c\/p\u003e\n\n\u003cp\u003eThe growing adoption of biometric authentication in various applications, including banking, e-commerce, and healthcare, is driving the demand for AFIS systems. For instance, in 2021, the government of India announced plans to implement a national digital health ID that would rely on biometric authentication to verify the identity of patients and healthcare providers. Similarly, in 2020, Amazon launched palm recognition technology for its Amazon Go stores, allowing customers to make purchases using their palm prints. Along with this, in 2022, Mastercard announced that it will be piloting a new payment card with an embedded fingerprint sensor in South Africa, providing a more secure and convenient way to authenticate transactions. However, the high cost of Automated Fingerprint Identification System (AFIS) stifles market growth throughout the forecast period of 2023-2030.\u003c\/p\u003e\n\n\u003cp\u003eThe key regions considered for the Global Automated Fingerprint Identification System (AFIS) Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East \u0026amp; Africa. North America is expected to hold a significant share of the AFIS market due to the presence of key players and the early adoption of advanced technologies. The increasing use of fingerprint identification systems in various applications, such as law enforcement, civil identification, and border control, is expected to drive the market growth in this region. The Asia-Pacific region is expected to witness the fastest growth during the forecast period due to the increasing adoption of biometric solutions in various applications, including banking, healthcare, and government. Rapid urbanization, increasing disposable income, and the growing need for advanced security systems are also expected to contribute to market growth in this region.\u003c\/p\u003e\n\n\u003cp\u003eMajor market player included in this report are:\u003cbr\u003e\nBiometrics4ALL Inc.\u003cbr\u003e\nSuprema\u003cbr\u003e\nGemalto NV\u003cbr\u003e\nCrossmatch (HID Global)\u003cbr\u003e\nDERMALOG Identification Systems GmbH\u003cbr\u003e\nM2SYS Technology\u003cbr\u003e\nMorpho SA\u003cbr\u003e\n3M Cogent\u003cbr\u003e\nSafran Identity and Security\u003cbr\u003e\nNEC Corporation\u003c\/p\u003e\n\n\u003cp\u003eRecent Developments in the Market:\u003cbr\u003e\n? In May 2022, Norway announced plans to replace its digital ID authentication platform BankID with new apps that will require users to authenticate and access banking services online using face or fingerprint biometrics, as well as passwords or PINs in some situations, according to NRK.\u003cbr\u003e\n? In May 2022, Fingerprint Cards, a prominent biometrics company, partnered with Transcorp and Mswipe to introduce contactless biometric payment cards in India.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Automated Fingerprint Identification System (AFIS) Market Report Scope:\u003cbr\u003e\n?Historical Data – 2020 - 2021\u003cbr\u003e\n?Base Year for Estimation – 2022\u003cbr\u003e\n?Forecast period - 2023-2030\u003cbr\u003e\n?Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends\u003cbr\u003e\n?Segments Covered - Component, End-use, Region\u003cbr\u003e\n?Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East \u0026amp; Africa\u003c\/p\u003e\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.\u003c\/p\u003e\n\n\u003cp\u003eThe report also caters detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players.\u003c\/p\u003e\n\n\u003cp\u003eThe detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Component:\u003cbr\u003e\nHardware\u003cbr\u003e\nSoftware\u003cbr\u003e\nServices\u003cbr\u003e\nBy End-use:\u003cbr\u003e\nBanking \u0026amp; Finance\u003cbr\u003e\nConsumer Electronics\u003cbr\u003e\nDefence \u0026amp; Security\u003cbr\u003e\nGovernment\u003cbr\u003e\nHealthcare\u003cbr\u003e\nTransport\/Logistics\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eBy Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003c\/p\u003e\n\n\u003cp\u003eEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003c\/p\u003e\n\n\u003cp\u003eAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003c\/p\u003e\n\n\u003cp\u003eLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003c\/p\u003e\n\n\u003cp\u003eMiddle East \u0026amp; Africa\u003cbr\u003e\nSaudi Arabia\u003cbr\u003e\nSouth Africa\u003cbr\u003e\nRest of Middle East \u0026amp; Africa\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eBiometrics4ALL Inc.\u003cbr\u003e\nSuprema\u003cbr\u003e\nGemalto NV\u003cbr\u003e\nCrossmatch (HID Global)\u003cbr\u003e\nDERMALOG Identification Systems GmbH\u003cbr\u003e\nM2SYS Technology\u003cbr\u003e\nMorpho SA\u003cbr\u003e\n3M Cogent\u003cbr\u003e\nSafran Identity and Security\u003cbr\u003e\nNEC Corporation\u003c\/p\u003e\n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Public Sector","offers":[{"title":"May, 2023 \/ 200 Pages \/ MCW16265426","offer_id":47698613764402,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-automated-fingerprint-identification-system-afis-market-size-study-forecast-by-component-hardware-software-services-by-end-use-banking-finance-consumer-electronics-defence-security-government-healthcare-transport-logistics-other","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}