Global 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.
The 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.
The key regions considered for the Global Automated Fingerprint Identification System (AFIS) Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & 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.
Major market players included in this report are:
- Biometrics4ALL Inc.
- Suprema
- Gemalto NV
- Crossmatch (HID Global)
- DERMALOG Identification Systems GmbH
- M2SYS Technology
- Morpho SA
- 3M Cogent
- Safran Identity and Security
- NEC Corporation
Recent Developments in the Market:
- 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.
- In May 2022, Fingerprint Cards, a prominent biometrics company, partnered with Transcorp and Mswipe to introduce contactless biometric payment cards in India.
Global Automated Fingerprint Identification System (AFIS) Market Report Scope:
- Historical Data: - 2020 - 2021
- Base Year for Estimation: - 2022
- Forecast period: - 2023-2030
- Report Coverage: - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: - Component, End-use, Region
- Regional Scope: - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & 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.
The report also caters detailed information about the crucial aspects such as driving factors & 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. The detailed segments and sub-segment of the market are explained below.
By Component:
- Hardware
- Software
- Services
By End-use:
- Banking & Finance
- Consumer Electronics
- Defence & Security
- Government
- Healthcare
- Transport/Logistics
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Automated Fingerprint Identification System (AFIS) Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Automated Fingerprint Identification System (AFIS) Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Automated Fingerprint Identification System (AFIS) Market, by End-use, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Automated Fingerprint Identification System (AFIS) Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Automated Fingerprint Identification System (AFIS) Market Dynamics
- 3.1. Automated Fingerprint Identification System (AFIS) Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing need for security and law enforcement
- 3.1.1.2. Rising adoption of biometric authentication
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Automated Fingerprint Identification System (AFIS)
- 3.1.3. Market Opportunities
- 3.1.3.1. Government initiatives
- 3.1.3.2. Technological advancements
Chapter 4. Global Automated Fingerprint Identification System (AFIS) Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Automated Fingerprint Identification System (AFIS) Market, by Component
- 5.1. Market Snapshot
- 5.2. Global Automated Fingerprint Identification System (AFIS) Market by Component, Performance - Potential Analysis
- 5.3. Global Automated Fingerprint Identification System (AFIS) Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
- 5.4. Automated Fingerprint Identification System (AFIS) Market, Sub Segment Analysis
- 5.4.1. Hardware
- 5.4.2. Software
- 5.4.3. Services
Chapter 6. Global Automated Fingerprint Identification System (AFIS) Market, by End-use
- 6.1. Market Snapshot
- 6.2. Global Automated Fingerprint Identification System (AFIS) Market by End-use, Performance - Potential Analysis
- 6.3. Global Automated Fingerprint Identification System (AFIS) Market Estimates & Forecasts by End-use 2020-2030 (USD Billion)
- 6.4. Automated Fingerprint Identification System (AFIS) Market, Sub Segment Analysis
- 6.4.1. Banking & Finance
- 6.4.2. Consumer Electronics
- 6.4.3. Defence & Security
- 6.4.4. Government
- 6.4.5. Healthcare
- 6.4.6. Transport/Logistics
- 6.4.7. Others
Chapter 7. Global Automated Fingerprint Identification System (AFIS) Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Automated Fingerprint Identification System (AFIS) Market, Regional Market Snapshot
- 7.4. North America Automated Fingerprint Identification System (AFIS) Market
- 7.4.1. U.S. Automated Fingerprint Identification System (AFIS) Market
- 7.4.1.1. Component breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. End-use breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Automated Fingerprint Identification System (AFIS) Market
- 7.5. Europe Automated Fingerprint Identification System (AFIS) Market Snapshot
- 7.5.1. U.K. Automated Fingerprint Identification System (AFIS) Market
- 7.5.2. Germany Automated Fingerprint Identification System (AFIS) Market
- 7.5.3. France Automated Fingerprint Identification System (AFIS) Market
- 7.5.4. Spain Automated Fingerprint Identification System (AFIS) Market
- 7.5.5. Italy Automated Fingerprint Identification System (AFIS) Market
- 7.5.6. Rest of Europe Automated Fingerprint Identification System (AFIS) Market
- 7.6. Asia-Pacific Automated Fingerprint Identification System (AFIS) Market Snapshot
- 7.6.1. China Automated Fingerprint Identification System (AFIS) Market
- 7.6.2. India Automated Fingerprint Identification System (AFIS) Market
- 7.6.3. Japan Automated Fingerprint Identification System (AFIS) Market
- 7.6.4. Australia Automated Fingerprint Identification System (AFIS) Market
- 7.6.5. South Korea Automated Fingerprint Identification System (AFIS) Market
- 7.6.6. Rest of Asia Pacific Automated Fingerprint Identification System (AFIS) Market
- 7.7. Latin America Automated Fingerprint Identification System (AFIS) Market Snapshot
- 7.7.1. Brazil Automated Fingerprint Identification System (AFIS) Market
- 7.7.2. Mexico Automated Fingerprint Identification System (AFIS) Market
- 7.8. Middle East & Africa Automated Fingerprint Identification System (AFIS) Market
- 7.8.1. Saudi Arabia Automated Fingerprint Identification System (AFIS) Market
- 7.8.2. South Africa Automated Fingerprint Identification System (AFIS) Market
- 7.8.3. Rest of Middle East & Africa Automated Fingerprint Identification System (AFIS) Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Biometrics4ALL Inc.
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Suprema
- 8.3.3. Gemalto NV
- 8.3.4. Crossmatch (HID Global)
- 8.3.5. DERMALOG Identification Systems GmbH
- 8.3.6. M2SYS Technology
- 8.3.7. Morpho SA
- 8.3.8. 3M Cogent
- 8.3.9. Safran Identity and Security
- 8.3.10. NEC Corporation
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption