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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

Summary
Table Of Content

Rising government spending on safety & security coupled with technological evolution has significantly increased on a global scale

The global automated fingerprint identification systems market is growing competently, 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 secure 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 future.

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Market Synopsis

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 a capacity 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, is 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, to growing adoption by the education sector, retail, and BFSI, retail is expected to drive 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, withholding a market share of around 35%. 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 the provision of 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 signed a memorandum of understanding (MoU) on using biometrics to improve immunization coverage in developing countries.

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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.

Segmentation Component Type (2017–2027; US$ Bn)

Hardware
Software
Service

Application Type (2017–2027; US$ Bn)

BFSI
Healthcare
Government Organization
Transportation
Others (Industrial, Hospitality, Defense & Security)

Geography Segment (2017–2027; US$ Mn)

North America (U.S. and Canada)
Europe (U.K., Germany, Spain, Italy, and the Rest of Europe)
Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
Middle East & Africa (GCC, Rest of the Middle East & Africa)

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to understand better the overall automated fingerprint identification system (AFIS) market. In addition, the global report also represents the competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.

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

List of Figures

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)

List of Tables

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

Frequently Asked Questions

What is the size of Automated Fingerprint Identification Systems Market?

The market for Automated Fingerprint Identification Systems is expected to reach US$ 17.34 Bn in 2027.

What is the Automated Fingerprint Identification Systems Market CAGR?

The Automated Fingerprint Identification Systems market is expected to see significant CAGR growth over the coming years, at 16.5%.

What is the Forecast period considered for Automated Fingerprint Identification Systems Market?

The report is forecasted from 2019-2027.

What is the base year considered for Automated Fingerprint Identification Systems Market?

The base year of this report is 2018.

Who are the major players in this market?

Afix Technologies Inc., Cross Match Technologies Inc., DERMALOG Identification Systems GmbH, Gemalto NV, Fujitsu Limited, HID Global Corporation, IDEMIA, NEC Corporation, Papillon Systems are some of the major players in the global market.

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