Automated Fingerprint Identification System market is estimated to register a CAGR of over 26.9% by 2030

Asia-Pacific Emerged to Be the Fastest-Growing Market for Automated Fingerprint Identification Systems during the Review Period

Asia-Pacific is divided into China, Japan, India, and the Rest of Asia-Pacific. China is one of the leading regional markets in the Automated Fingerprint Identification System Market. China has been among the prime adopters of biometrics technology, especially fingerprint recognition systems for public surveillance. In March 2019, the Chinese authorities arrested nearly 13,000 terrorists from the Xinjiang region. The arrests were aided by mass surveillance systems comprising facial recognition, fingerprint identification, and iris recognition technologies. Artificial intelligence is an evolving technology that has been contributing to the adoption of biometrics systems significantly. It has been observed in a report by PwC, that healthcare, financial services, and automotive verticals have been the quickest to adopt artificial intelligence, which is expected to make China a global leader overtaking the US.

The Europe Automated Fingerprint Identification System market is bifurcated into Germany, UK, France, and the Rest of Europe.  Europe is the second-largest regional market for automated fingerprint identification systems (AFIS. The European Union has existing plan that consolidate biometric data to track criminals and terrorists, and unauthorized immigrants in the region. This database—the Common Identity Repository (CIR)—will hold identity records, fingerprints, and photographs of visiting or resident non-EU citizens and EU citizens. The immigration, border, and law enforcement authorities across Europe will have access to the database, which will aid them in curbing crime rates and terror activities. During the review period, these authorities across Europe are expected to increase their adoption of biometric technology, such as facial recognition, that makes use of CIR efficiently.

Asia-Pacific consists of China, Japan, India, and the Rest of Asia-Pacific. ) owing to rapidly growing government initiatives across various sectors such as automotive, transportation, retail, and consumer goods. APAC offers potential growth opportunities as there is rise in adoption among enterprises and law enforcement agencies that are turning towards automated fingerprint identification system solutions to secure against potential threats.

Key Players

Some of the prominent players operating in the global Automated Fingerprint Identification System market include NEC Corporation (Japan), Thales Group (France), Aware, Inc (US), IDEMIA (France), M2YSYS Technology (US), Biometercs4all (US),  HID Global Corporation (US),  FUJITSU (Japan), Papillion System (Russia), Sonda, Dermalog Identification System GmbH (Germany), and Suprema (South Korea),

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Report Scope:

The Middle East countries like the UAE, Saudi Arabia, Turkey and Israel. The Government of Turkey has a biometric passport system in agreement with the European Union. Biometric passports hold biometric data and fingerprint information other than basic personal information. The issuance of new biometric passports helps to manage the entry and exit of Turkish citizens into the European Union.

The government of Israel has made amendments in its biometric law with a few revisions in the methods for acquiring biometric data. The database that contains the biometric information will not have any fingerprint details of children below the age of 16, as the citizens of Israel were criticizing the infringement of data privacy.

South America includes Brazil, Argentina, Chile, and other countries. Brazil is a leading country in South America that has successfully adopted the biometric medium for identification in banking and government-assisted programs. Bradesco, a bank in Brazil, started using a palm vein based biometric identification system to secure ATM log-ins. Also, the government of Brazil aims at improving the electoral system using biometrics technology. The government of Brazil has deployed a fingerprint-based transport card system and facial recognition technology in buses in Rio. Brazil has seen increased adoption of facial recognition systems as the city of Rio has deployed CCTV cameras enabled with facial recognition technologies to help the police fight against crime such as drug trafficking. Also, Chile has witnessed high economic growth in the South American region.

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Automated Fingerprint Identification System Market Covid Impact Analysis

Like most industries, the semiconductor industry has also been affected by the COVID-19 pandemic. The coronavirus pandemic has halted global economic operations on a massive scale. Due to the lockdowns imposed across countries, collaborative work on technological developments has seen a decline. Hence, investments in technological developments have also dropped. Due to this, innovations in the field of AFIS have slowed down, which has harmed the bottom line of the various companies engaged in the production of these systems.

The deployment of Automated Fingerprint Identification System Market has suffered. Since corporate offices are closed and remote working policy has become common, organizations are not upgrading or servicing their existing security and access infrastructure. Considering the economic impact on organizations which has resulted in declining revenues, pay cuts, and job losses, it is expected that organizations looking to cut down on costs would not be keen on new installations or up-gradation of their existing systems.

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Automated Fingerprint Identification System Market Segmentation

The global Automated Fingerprint Identification System Market has been segmented on the basis of component, end-user, search type, and region.

The global Automated Fingerprint Identification System Market , based on components, has been segmented into hardware, and software. The software segment accounted for the largest market share in 2021 and is estimated to register a CAGR of 25.0 % during the review period.

The global Automated Fingerprint Identification System Market , based on end-user, has been segmented into government, BFSI, hospitality, transportation, healthcare, education, retail and consumer goods, and others.

The global Automated Fingerprint Identification System Market , based on search type, has been segmented into ten-print searches and latent searches.

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