Automated Fingerprint Identification Systems Market By Component Type (Hardware, Software, Service), By Application (BFSI, Healthcare, Government Organization, Transportation, Others) - Growth, Future Prospects, and Competitive Landscape, 2019 - 2027
Key Market Insights
Rising government spending on safety & security coupled with technological evolution has risen significantly on a global scale
The global automated fingerprint identification systems market is growing competently, expected to grow at a CAGR of 16.5% and is projected to reach 17.34 Bn by 2027.
Increasing adoption towards authentication and recognition systems, growing concern towards securely transaction systems, growing application for the digital identification process, and development of advanced authenticated security systems is projected to ensure continued growth for automated fingerprint identification system in the years to come.
Component Analysis
“Rising need for secure transaction and increasing adoption towards mobile payment solutions among the consumers will spur revenue growth”
The digital revolution has increased an impact on the outsourcing industry and will continue to shape digital solutions in the near future. Technological advancements like AI and IoT have increased a wide range of applications within the market, thereby driving the market for automated fingerprint identification systems globally. For instance, in April 2019, “Softtek” finalized a partnership with a Spanish company named “Vector ITC” for capability expansion strategy towards banking, consumer products, and industrial sectors. Moreover, increasing demand for IoT devices and applications, coupled with increased portability of computing power and AI-driven tools, expected to fuel the market for automated fingerprint identification systems.
Regional Analysis
“Early adoption of new technology and the presence of top AFIS vendors in the U.S. market to drive the market growth”
The U.S. dominates the AFIS market on a global scale due to the early adoption of the technology and the presence of major AFIS vendors across the region. In addition, growing adoption by education sector, retail, and BFSI, retail is expected to drive the market growth.
North America is mostly driven by federal agencies, such as the Federal Bureau of Investigation, U.S. Customs and Border Protection, and others. By the end of 2019, North America dominated the AFIS market in withholding a market share of around 35%. The developed countries such as the U.S. and Canada are contributing significantly to the automated fingerprint identification systems market globally.
List of Companies Covered:
- Afix Technologies Inc.
- Cross Match Technologies Inc.
- DERMALOG Identification Systems GmbH
- Gemalto NV
- Fujitsu Limited
- HID Global Corporation
- IDEMIA
- NEC Corporation
- Papillon Systems
- Sonda Technologies
- SUPREMA
Key Industry Development:
- In Feb 2019, NEC Corporation have announced to provide a facial recognition system for the new "One ID" check-in to boarding process introduced by Narita International Airport Corporation (NAA).
- In June 2019, Vaccine Alliance, Gavi, Simprints Technology Ltd., and NEC Corporation have signed a memorandum of understanding (MoU) on the use of biometrics to improve immunization coverage in developing countries.
Historical & Forecast Period
This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.
Market Segmentation
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | USD Billion |
| Segmentation |
Component Type (2017–2027; US$ Bn) |
|
Application Type (2017–2027; US$ Bn) |
|
|
Geography Segment (2017–2027; US$ Mn) |
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that give a better market understanding of the overall automated fingerprint identification system (AFIS) market. Additionally, the global report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.
Key questions answered in this report
- What was the global automated fingerprint identification system (AFIS) market size in 2017 & 2018?
- What is estimated forecast and market projections up to 2027?
- Which is the largest regional automated fingerprint identification system (AFIS) market?
- Which application has the largest penetration of automated fingerprint identification system (AFIS) and related facilities?
- Which are the predominant trends shaping the global automated fingerprint identification system (AFIS) market?
- Which is the most promising, attractive, and less-explored component type segment in the automated fingerprint identification system (AFIS) market?
- Who are the leading manufacturers in the global automated fingerprint identification system (AFIS) market?
- What are the premiere strategies adopted by the leading players in the global automated fingerprint identification system (AFIS) market?
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Automated Fingerprint Identification Systems Market
2.2. Global AFIS Market, by Component Type, 2018 (US$ Bn)
2.3. Global AFIS Market, by Application, 2018 (US$ Bn
2.4. Global AFIS Market, by Geography, 2018 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global AFIS Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Automated Fingerprint Identification Systems (AFIS) Market, by Component Type, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Hardware
4.3. Software
4.4. Services
5. Global Automated Fingerprint Identification Systems (AFIS) Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. BFSI
5.3. Healthcare
5.4. Government Organization
5.5. Transportation
5.6. Others (Industrial, Hospitality, Defense & Security)
6. North America Automated Fingerprint Identification Systems (AFIS) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. North America AFIS Market Value and Growth, 2017-2027, (US$ Bn)
6.2. North America AFIS Market Value, By Component Type, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America AFIS Market Value, By Application, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.5. North America AFIS Market Value, By Region/Country, 2017-2027 (US$ Bn)
6.5.1. Market Analysis
6.5.2. U.S.
6.5.3. Rest of North America
7. Europe Automated Fingerprint Identification Systems (AFIS) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Europe AFIS Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Europe AFIS Market Value, By Component Type, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe AFIS Market Value, By Application, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.5. Europe AFIS Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.5.1. Market Analysis
7.5.2. U.K.
7.5.3. Germany
7.5.4. France
7.5.5. Rest of Europe
8. Asia Pacific Automated Fingerprint Identification Systems (AFIS) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific AFIS Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Asia Pacific AFIS Market Value, By Component Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific AFIS Market Value, By Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.5. Asia Pacific AFIS Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.5.2. Japan
8.5.3. China
8.5.4. India
8.5.5. Rest of Asia Pacific
9. Rest of the World Automated Fingerprint Identification Systems (AFIS) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World AFIS Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Rest of the World AFIS Market Value, By Component Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of the World AFIS Market Value, By Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.5. Rest of the World AFIS Market Value, By Region, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.5.2. Middle East & Africa
9.5.3. Latin America
10. Company Profiles
10.1. Afix Technologies Inc.
10.2. Cross Match Technologies Inc
10.3. DERMALOG Identification Systems GmbH
10.4. Gemalto NV
10.5. Fujitsu Limited
10.6. HID Global Corporation
10.7. IDEMIA
10.8. NEC Corporation
10.9. Papillon Systems
10.10. Sonda Technologies
10.11. SUPREMA
* Here we use AFIS as a short form of Automated Fingerprint Identification Systems
TABLE 1 Market Snapshot: Global Automated Fingerprint Identification Systems(AFIS) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global AFIS Market, by Component Type, 2017–2027 (US$ Bn)
TABLE 5 Global AFIS Market, by Application, 2017–2027 (US$ Bn)
TABLE 6 Global AFIS Market, by Geography, 2017–2027 (US$ Bn)
TABLE 7 North America AFIS Market, by Component Type, 2017–2027 (US$ Bn
TABLE 8 North America AFIS Market, by Application, 2017–2027 (US$ Bn
TABLE 9 North America AFIS Market, by Country, 2017–2027 (US$ Bn)
TABLE 10 Europe AFIS Market, by Component Type, 2017–2027 (US$ Bn)
TABLE 11 Europe AFIS Market, by Application, 2017–2027 (US$ Bn)
TABLE 12 Europe AFIS Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 13 Asia Pacific AFIS Market, by Component Type, 2017–2027 (US$ Bn)
TABLE 14 Asia Pacific AFIS Market, by Application, 2017–2027 (US$ Bn)
TABLE 15 Asia Pacific AFIS Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 16 Rest of the World AFIS Market, by Component Type, 2017–2027 (US$ Bn
TABLE 17 Rest of the World AFIS Market, by Application, 2017–2027 (US$ Bn)
TABLE 18 Rest of the World AFIS Market, by Region, 2017–2027 (US$ Bn)
TABLE 19 Afix Technologies Inc. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 Cross Match Technologies Inc: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 DERMALOG Identification Systems GmbH: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Gemalto NV: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Fujitsu Limited: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 HID Global Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 IDEMIA: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 NEC Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 27 Papillon Systems: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 28 Sonda Technologies: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 29 SUPREMA: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
FIG. 1 Global Automated Fingerprint Identification Systems (AFIS) Market: Research Methodology
FIG. 2 Market Size Estimation – Top down & Bottom up Approach
FIG. 3 Global AFIS Market Segmentation
FIG. 4 Global AFIS Market, by Component Type, 2018 (US$ Bn)
FIG. 5 Global AFIS Market, by Application, 2018 (US$ Bn)
FIG. 6 Global AFIS Market, by Geography, 2018 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key Automated Fingerprint Identification Systems Market Manufacturers, 2018
FIG. 9 Global AFIS Market Value Share, by Component Type, 2018 & 2027 (Value %)
FIG. 10 Global AFIS Market, for Hardware, 2017–2027 (US$ Bn)
FIG. 11 Global AFIS Market, for Software, 2017–2027 (US$ Bn)
FIG. 12 Global AFIS Market, for Service, 2017–2027 (US$ Bn)
FIG. 13 Global AFIS Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 14 Global AFIS Market, by BFSI, 2017–2027 (US$ Bn)
FIG. 15 Global AFIS Market, by Healthcare, 2017–2027 (US$ Bn)
FIG. 16 Global AFIS Market, by Government Organization, 2017–2027 (US$ Bn)
FIG. 17 Global AFIS Market, by Transportation, 2017–2027 (US$ Bn)
FIG. 18 Global AFIS Market, by Other Applications, 2017–2027 (US$ Bn)
FIG. 19 North America AFIS Market, 2017–2027 (US$ Bn)
FIG. 20 Europe AFIS Market, 2017–2027 (US$ Bn)
FIG. 21 Asia Pacific AFIS Market, 2017–2027 (US$ Bn)
FIG. 22 RoW AFIS Market, 2017–2027 (US$ Bn)
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