The rise in criminal and terrorist activity has increased the value of automatic fingerprint identification systems. The automated fingerprint identification system is a biometric identification method that employs digital imaging technology to collect, store, and analyse fingerprint data.
Competitors in the automated fingerprint identification systems market are developing multimodal capture solutions to aid law enforcement and public safety. This tendency is converging with biometrics, which is reshaping the worldwide automated fingerprint identification systems market.
| Report Attributes | Details |
|---|---|
| Global Automated Fingerprint Identification System Market Size (2021A) | USD 10.3 Billion |
| Global Automated Fingerprint Identification System Estimated Market Value (2022E) | USD 12.6 Billion |
| Global Automated Fingerprint Identification System Forecasted Market Value (2032F) | USD 85 Billion |
| Global Automated Fingerprint Identification System Market Growth Rate (2022 to 2032) | 21% CAGR |
| United States Automated Fingerprint Identification System Growth Rate (2022 to 2032) | 19% CAGR |
| Key Companies Covered | NEC Corporation; Crossmatch; IDEMIA; Dermalog Identification Systems GmbH; SUPREMA; Sonda Technologies |
In terms of revenue, North America dominated the Automated Fingerprint Identification System (AFIS) sector. This trend is projected to continue throughout the projection period due to the early adoption of the technology and the existence of prominent AFIS providers in the area.
Furthermore, the market is predicted to expand due to increased use in the BFSI, retail, and education sectors. In North America, the Federal Bureau of Prisons, USA Customs and Border Protection (CBP), and the Federal Bureau of Investigation (FBI), among others, are pushing the demand for AFIS technology for criminal identification.
People in the United States are becoming increasingly conscious of their privacy rights and the proper use of surveillance technology. As a result, face recognition technology has limits in terms of guaranteeing national security since video cameras can be utilized for constant monitoring, putting people's privacy at risk.
The Asia Pacific AFIS market is likely to grow rapidly. This expansion can be attributed to an increase in government programmers who construct personal tax IDs, unique identity numbers, and e-passports, among other things, based on biometric information such as fingerprint, iris, and face recognition.
Moreover, governments are focusing on the implementation of biometric technologies at airports and border control in order to boost safety. As a result, usage has increased throughout the projection period.
Manufacturing experts in biometrics are working on a device that can enroll, validate (through the AFIS algorithm), and verify the user's biometric information (fingerprints, face, and iris) of any user regardless of their location, connectivity, and environment. It can be connected to the internet through WiFi, BLE, LAN (with its RJ45 jack), or Global GSM capability.
Makers offer a new scalable and flexible automated fingerprint identification system (AFIS) that enables them to perform, edit, search, retrieve, and store biometric templates and subject information. Additionally, they provide a multi-modal automated biometric identification system that may integrate fingerprint identification with an iris or face recognition modality.
Furthermore, market players are designed to satisfy government agency requirements and offer fast, secure, and reliable outcomes, as seen by the ability to modify deployment models depending on particular demands and market conditions. They provide speedy and effective service while protecting data with fault-tolerant design, disc mirroring, automatic database backups, and disaster recovery solutions.
Industries are constantly experimenting with new ideas in automated fingerprint identification systems. When a startup firm develops a new generation of access control products that focuses largely on contactless solutions, it delivers an all-in-one access control solution that enables several credential alternatives, ranging from face recognition and mobile access to QR codes, barcodes, and RFID cards.
Future Market Insights’ analysis reveals that in 2022 revenue through the Automated Fingerprint Identification System Market is estimated at USD 12.6 Billion.
Worldwide, Future growth of the automated fingerprint identification systems (AFIS) market is anticipated to be fueled by factors such as increasing demand for automated fingerprint identification systems in the banking and finance, government, and private sectors, growing advantages of AFIS over traditional methods, and increasing adoption of Automated Fingerprint Identification System in smartphones and automated teller machines.
The global market for the Automated Fingerprint Identification System Market expanded at a CAGR of 22.2% over the last four years (2015 to 2021). The market for automated fingerprint identification systems is extremely fragmented, with only five large companies holding more than 16% of the overall market share.
For instance, through its partner AqTronics Technologies and few other local suppliers, Crossmatch has sold over 1.5 Million units of its U.are.U and TouchChip fingerprint solutions throughout the South Asia region. The United States will continue to be the largest user of Automated Fingerprint Identification System throughout the analysis period accounting for over USD 24.7 Billion absolute dollar opportunity in the coming 10-year period.
The demand for secure financial transactions is rising, and investments in the banking, finance and government sectors are increasing. To conduct quick, secure financial transactions and uphold privacy and security, automated fingerprint identification system technology is becoming more widely accepted in the government and banking sectors.
For instance, for consumers who utilize mobile phones with fingerprint access control, banks have recently adopted fingerprint verification technology. Additionally, fingerprinting is heavily utilized in the government sector for fraud prevention and criminal investigation.
Additionally, Automated Fingerprint Identification System is widely used by government organizations as it enhances crime-solving efficiency. Additionally, it is utilized for identification and attendance in these industries. As a result, these factors are fueling market expansion.
An upsurge in criminal and terrorist activities worldwide is driving the demand for automatic fingerprint identification systems to identify people for security purposes. Over the past 20 years, crime and terrorism have substantially escalated on a global scale. Numerous of these occurrences have led to both fatalities and huge financial losses.
The interoperability of the devices prevents the market from expanding. A significant barrier to the market's growth has been the sharing of data and algorithmic performance. To enable the Automated Fingerprint Identification System market's continued expansion, certain technological interoperability concerns must be solved.
Currently, high export tariffs on monitoring products to other countries are impeding the expansion of the automated fingerprint identification system market across emerging nations.
The market for automated fingerprint identification systems is likely to witness significant growth restraints due to the high cost of fingerprint sensors relative to the benefits they provide. However, research and development for this technology in emerging nations will provide it with a boost.
North America dominated the Automated Fingerprint Identification System (AFIS) industry. Due to early acceptance of the technology and the presence of significant Automated Fingerprint Identification System manufacturers in the region, this trend is expected to continue over the forecast period. In addition, the market is expected to grow due to the rising use in the BFSI, retail, and education sectors.
The Federal Bureau of Prisons, USA Customs and Border Protection (CBP), and the Federal Bureau of Investigation (FBI), among other important end-users of AFIS technology for criminal identification, are driving the market in North America.
The United States will account for over 29.1 Billion of the global Automated Fingerprint Identification System Market by 2032. Automatic Fingerprint Identification System Market growth was projected to average 22.2% CAGR from 2015 to 2021. USA citizens are becoming more aware of their rights to privacy and the appropriate use of monitoring technologies.
Therefore, facial recognition technology has limitations in terms of ensuring public safety as body cameras can be used as means for continuous surveillance, endangering people's privacy.
The Automated Fingerprint Identification System Market growth through the Software segment expanded at a CAGR of 21.6% during 2015 to 2021. For research purposes in real-time at national institutions like the FBI, CBI, and DAE, the fingerprint pattern-matching algorithm of software enables it for a considerably faster and more precise search of prints kept in databases.
According to Traxler, a more modern Automated Fingerprint Identification System has been benchmarked for at least 99% accuracy, the older Automated Fingerprint Identification System was only around 92% accurate in matching fingerprint patterns. Now the advanced Automated Fingerprint Identification System is operational with significant institutions worldwide.
Automated Fingerprint Identification System manufacturing companies are largely aiming for mergers/partnerships and launching new products that cater to different domains. The key companies operating in the Automated Fingerprint Identification System Market Include Biometrics4ALL Inc., Suprema, Gemalto NV, Crossmatch (HID Global), DERMALOG Identification Systems GmbH, M2SYS Technology, Morpho SA, 3M Cogent, Safran Identity and Security, NEC Corporation, Afix Technologies Inc., Biometrics4ALL, Fujitsu, Cross Match Technologies, HID Global Corporation, Morpho SA, The PU HIGH-TECH, IDEMIA, Suprema Incorporation, Papillon Systems, East Shore Technologies, Inc., AFIX Technologies, Sonda Technologies Ltd., ABC Inc., Accurate Biometrics, Inc., ACTAtek, Amadale Global Systems, Analogics Tech India Ltd., Anixter, Antheus Tecnologia LTDA, Aratek, Bio-Metrica LLC, BioRugged, BioRugged, Cognitec, Creative Time Solutions, Fingerprint Cards AB, Giesecke+Devrient Mobile Security GmbH, The Fingerprint Room Inc., ThreatMark, Veridas, UNION COMMUNITY Co., Ltd., IrisGuard, JENETRIC GmbH.
Some of the recent developments by key providers of the Automated Fingerprint Identification System Market are as follows:
In May 2022, According to NRK, Norway aims to replace the digital ID authentication platform BankID with new apps that will require users to log in and access banking services online using face or fingerprint biometrics, as well as passwords or PINs in some situations.
In May 2022, Fingerprint Cards, a leading biometrics company announced a partnership with Transcorp and Mswipe to bring contactless biometric payment cards to India.
In March 2022, Suprema launched a new generation of access control products that focuses heavily on contactless solutions. The star of Suprema’s exhibit was BioStation 3, an all-in-one access control solution that provides multiple credential options from facial recognition and mobile access to QR codes, barcodes, and RFID cards. BioStation 3 will be released in the second half of the year.
In November 2021 – Suprema, announced the successful integration of its biometric access control products with Genetec Security Center, a unified security platform that connects security systems, sensors, and data in a single intuitive interface.
In November 2019, FingerID announced the launch of an artificial intelligence-enabled automated fingerprint identification system (AFIS) which provides accurate results in investigating criminals and fingerprint identification in immigration services.
Similarly, recent developments related to companies providing services for Automated Fingerprint Identification System Market have been tracked by the team at Future Market Insights, which is available in the full report.
Table 1: Global Market Value (US$ Mn), By Component, 2015 – 2021
Table 2: Global Market Value (US$ Mn), By Component, 2022 – 2032
Table 3: Global Market Value (US$ Mn), By End-use, 2015 – 2021
Table 4: Global Market Value (US$ Mn), By End-use, 2022 – 2032
Table 5: Global Market, By Region, 2015 – 2021
Table 6: Global Market, By Region, 2022 – 2032
Table 7: North America Market Value (US$ Mn), By Component, 2015 – 2021
Table 8: North America Market Value (US$ Mn), By Component, 2022 – 2032
Table 9: North America Market Value (US$ Mn), By End-use, 2015 – 2021
Table 10: North America Market Value (US$ Mn), By End-use, 2022 – 2032
Table 11: North America Market, By Country, 2015 – 2021
Table 12: North America Market, By Country, 2022 – 2032
Table 13: Latin America Market Value (US$ Mn), By Component, 2015 – 2021
Table 14: Latin America Market Value (US$ Mn), By Component, 2022 – 2032
Table 15: Latin America Market Value (US$ Mn), By End-use, 2015 – 2021
Table 16: Latin America Market Value (US$ Mn), By End-use, 2022 – 2032
Table 17: Latin America Market, By Country, 2015 – 2021
Table 18: Latin America Market, By Country, 2022 – 2032
Table 19: Europe Market Value (US$ Mn), By Component, 2015 – 2021
Table 20: Europe Market Value (US$ Mn), By Component, 2022 – 2032
Table 21: Europe Market Value (US$ Mn), By End-use, 2015 – 2021
Table 22: Europe Market Value (US$ Mn), By End-use, 2022 – 2032
Table 23: Europe Market, By Country, 2015 – 2021
Table 24: Europe Market, By Country, 2022 – 2032
Table 25: Asia Pacific Market Value (US$ Mn), By Component, 2015 – 2021
Table 26: Asia Pacific Market Value (US$ Mn), By Component, 2022 – 2032
Table 27: Asia Pacific Market Value (US$ Mn), By End-use, 2015 – 2021
Table 28: Asia Pacific Market Value (US$ Mn), By End-use, 2022 – 2032
Table 29: Asia Pacific Market, By Country, 2015 – 2021
Table 30: Asia Pacific Market, By Country, 2022 – 2032
Table 31: MEA Market Value (US$ Mn), By Component, 2015 – 2021
Table 32: MEA Market Value (US$ Mn), By Component, 2022 – 2032
Table 33: MEA Market Value (US$ Mn), By End-use, 2015 – 2021
Table 34: MEA Market Value (US$ Mn), By End-use, 2022 – 2032
Table 35: MEA Market, By Country, 2015 – 2021
Table 36: MEA Market, By Country, 2022 – 2032
Table 37: Global Market Incremental $ Opportunity, By Component, 2015 - 2021
Table 38: Global Market Incremental $ Opportunity, By End-use, 2022 – 2032
Table 39: Global Market Incremental $ Opportunity, By Region, 2022 – 2032
Table 40: North America Market Incremental $ Opportunity, By Component, 2015 - 2021
Table 41: North America Market Incremental $ Opportunity, By End-use, 2022 – 2032
Table 42: North America Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 43: Latin America Market Incremental $ Opportunity, By Component, 2015 - 2021
Table 44: Latin America Market Incremental $ Opportunity, By End-use, 2022 – 2032
Table 45: Latin America Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 46: Europe Market Incremental $ Opportunity, By Component, 2015 - 2021
Table 47: Europe Market Incremental $ Opportunity, By End-use, 2022 – 2032
Table 48: Europe Market Incremental $ Opportunity, By Country, 2022 - 2032
Table 49: Asia Pacific Market Incremental $ Opportunity, By Component, 2015 - 2021
Table 50: Asia Pacific Market Incremental $ Opportunity, By End-use, 2022 – 2032
Table 51: Asia Pacific Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 52: MEA Market Incremental $ Opportunity, By Component, 2015 - 2021
Table 53: MEA Market Incremental $ Opportunity, By End-use, 2022 – 2032
Table 54: MEA Market Incremental $ Opportunity, By Country, 2022 - 2032
Figure 1: Global Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 2: Global Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 3: Global Market Share, By Component, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Component – 2022-2032
Figure 5: Global Market Attractiveness Index, By Component – 2022-2032
Figure 6: Global Market Share, By End-use, 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By End-use – 2022-2032
Figure 8: Global Market Attractiveness Index, By End-use – 2022-2032
Figure 9: Global Market Share, By Region, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By Region – 2022-2032
Figure 11: Global Market Attractiveness Index, By Region – 2022-2032
Figure 12: North America Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 13: North America Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 14: North America Market Share, By Component, 2022 & 2032
Figure 15: North America Market Y-o-Y Growth Projections, By Component – 2022-2032
Figure 16: North America Market Attractiveness Index, By Component – 2022-2032
Figure 17: North America Market Share, By End-use, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Projections, By End-use – 2022-2032
Figure 19: North America Market Attractiveness Index, By End-use – 2022-2032
Figure 20: North America Market Share, By Country, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 22: North America Market Attractiveness Index, By Country – 2022-2032
Figure 23: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 24: Latin America Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 25: Latin America Market Share, By Component, 2022 & 2032
Figure 26: Latin America Market Y-o-Y Growth Projections, By Component – 2022-2032
Figure 27: Latin America Market Attractiveness Index, By Component – 2022-2032
Figure 28: Latin America Market Share, By End-use, 2022 & 2032
Figure 29: Latin America Market Y-o-Y Growth Projections, By End-use – 2022-2032
Figure 30: Latin America Market Attractiveness Index, By End-use – 2022-2032
Figure 31: Latin America Market Share, By Country, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 33: Latin America Market Attractiveness Index, By Country – 2022-2032
Figure 34: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 35: Europe Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 36: Europe Market Share, By Component, 2022 & 2032
Figure 37: Europe Market Y-o-Y Growth Projections, By Component – 2022-2032
Figure 38: Europe Market Attractiveness Index, By Component – 2022-2032
Figure 39: Europe Market Share, By End-use, 2022 & 2032
Figure 40: Europe Market Y-o-Y Growth Projections, By End-use – 2022-2032
Figure 41: Europe Market Attractiveness Index, By End-use – 2022-2032
Figure 42: Europe Market Share, By Country, 2022 & 2032
Figure 43: Europe Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 44: Europe Market Attractiveness Index, By Country – 2022-2032
Figure 45: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 46: MEA Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 47: MEA Market Share, By Component, 2022 & 2032
Figure 48: MEA Market Y-o-Y Growth Projections, By Component – 2022-2032
Figure 49: MEA Market Attractiveness Index, By Component – 2022-2032
Figure 50: MEA Market Share, By End-use, 2022 & 2032
Figure 51: MEA Market Y-o-Y Growth Projections, By End-use – 2022-2032
Figure 52: MEA Market Attractiveness Index, By End-use – 2022-2032
Figure 53: MEA Market Share, By Country, 2022 & 2032
Figure 54: MEA Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 55: MEA Market Attractiveness Index, By Country – 2022-2032
Figure 56: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 57: Asia Pacific Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 58: Asia Pacific Market Share, By Component, 2022 & 2032
Figure 59: Asia Pacific Market Y-o-Y Growth Projections, By Component – 2022-2032
Figure 60: Asia Pacific Market Attractiveness Index, By Component – 2022-2032
Figure 61: Asia Pacific Market Share, By End-use, 2022 & 2032
Figure 62: Asia Pacific Market Y-o-Y Growth Projections, By End-use – 2022-2032
Figure 63: Asia Pacific Market Attractiveness Index, By End-use – 2022-2032
Figure 64: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 65: Asia Pacific Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 66: Asia Pacific Market Attractiveness Index, By Country – 2022-2032
Figure 67: US Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 68: US Market Share, By Component, 2021
Figure 69: US Market Share, By End-use, 2021
Figure 70: Canada Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 71: Canada Market Share, By Component, 2021
Figure 72: Canada Market Share, By End-use, 2021
Figure 73: Brazil Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 74: Brazil Market Share, By Component, 2021
Figure 75: Brazil Market Share, By End-use, 2021
Figure 76: Mexico Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 77: Mexico Market Share, By Component, 2021
Figure 78: Mexico Market Share, By End-use, 2021
Figure 79: Germany Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 80: Germany Market Share, By Component, 2021
Figure 81: Germany Market Share, By End-use, 2021
Figure 82: U.K. Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 83: U.K. Market Share, By Component, 2021
Figure 84: U.K. Market Share, By End-use, 2021
Figure 85: France Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 86: France Market Share, By Component, 2021
Figure 87: France Market Share, By End-use, 2021
Figure 88: Italy Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 89: Italy Market Share, By Component, 2021
Figure 90: Italy Market Share, By End-use, 2021
Figure 91: BENELUX Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 92: BENELUX Market Share, By Component, 2021
Figure 93: BENELUX Market Share, By End-use, 2021
Figure 94: Nordic Countries Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 95: Nordic Countries Market Share, By Component, 2021
Figure 96: Nordic Countries Market Share, By End-use, 2021
Figure 97: China Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 98: China Market Share, By Component, 2021
Figure 99: China Market Share, By End-use, 2021
Figure 100: Japan Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 101: Japan Market Share, By Component, 2021
Figure 102: Japan Market Share, By End-use, 2021
Figure 103: South Korea Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 104: South Korea Market Share, By Component, 2021
Figure 105: South Korea Market Share, By End-use, 2021
Figure 106: GCC Countries Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 107: GCC Countries Market Share, By Component, 2021
Figure 108: GCC Countries Market Share, By End-use, 2021
Figure 109: South Africa Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 110: South Africa Market Share, By Component, 2021
Figure 111: South Africa Market Share, By End-use, 2021
Figure 112: Turkey Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 113: Turkey Market Share, By Component, 2021
Figure 114: Turkey Market Share, By End-use, 2021
The global Automated Fingerprint Identification System Market was valued at USD 10.3 Billion in 2021.
The Automated Fingerprint Identification System Market is set to witness a growth rate of 21% over the forecast period and be valued at USD 85 Billion by 2032.
The Automated Fingerprint Identification System Market expanded by a CAGR of 22.2% from 2015 through 2021.
The key players operating in the Automated Fingerprint Identification System Market are NEC Corporation, Crossmatch, IDEMIA, Dermalog Identification Systems GmbH, SUPREMA, and Sonda Technologies.
United States, United Kingdom, China, Japan, and South Korea are expected to drive the sales growth in the Automated Fingerprint Identification System Market.
The automated Fingerprint Identification System Market in China is expected to account for USD 5.8 Billion by the end of the forecast year.
The United States accounts for the largest absolute dollar opportunity of USD 24.7 Billion in the Automated Fingerprint Identification System Market.
Explore Similar Insights
Automated Fingerprint Identification System (AFIS) Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
