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Global AFIS Market to grow at a CAGR of 12.47% during the period 2016-2020.

07-29-2016 10:14 AM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

"The Report Global Automated Fingerprint Identification System Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Description

About AFIS

Fingerprint biometric technology is used to identify individuals using their fingerprints, which are scanned and matched against a database. The matching is executed on the basis of features, such as the arches, whorls, and loops, of the fingerprints. Pattern-based algorithms are used to match a person's fingerprints against databases to provide access to secure premises. In the early 2000s, with advances in technology, an advanced fingerprint system known as AFIS was introduced. AFIS can electronically capture data and analyze and identify a fingerprint pattern among millions of patterns.
Automated fingerprint identification involves automatic matching of one or more unknown fingerprints against an existing database of fingerprints. AFIS is mainly used by law enforcement agencies for identifying criminals.

Technavios analysts forecast the Global AFIS Market to grow at a CAGR of 12.47% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global AFIS market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of AFIS biometric solutions. These include sensors, readers, scanners, fingerprint analysis software, and databases.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/685216

Technavio's report, Global AFIS Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
3M Cogent Inc.
M2SYS Technology
NEC Corp.
Safran Group

Other prominent vendors
AFIX Technologies
BioEnable
BioLink Solutions
Biometrics4all
Crossmatch
Dermalog Identification Systems
Futronic
Innovatrics
Papillon Systems
Sonda Technologies
Secure Outcomes
Suprema

Market driver
Cloud-based AFIS
For a full, detailed list, view our report

Market challenge
Strong competition from inexpensive non-biometric technologies
For a full, detailed list, view our report

Market trend
Increasing adoption of mobile AFIS readers
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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