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Automated Fingerprint Identification Systems (AFIS) Market Research Technology Outlook 2020-2025

11-22-2020 07:52 PM CET | IT, New Media & Software

Press release from: Market Insights Reports

The Automated Fingerprint Identification Systems (AFIS) Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025. The Automated Fingerprint Identification Systems (AFIS) market report is a valuable source of data for business strategists. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). The report explores the current outlook in global and key regions from the perspective of players, countries, product types, and end industries. This Automated Fingerprint Identification Systems (AFIS) Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Top Companies in the Global Automated Fingerprint Identification Systems (AFIS) Market: 
NEC, Afix Technologies, Morpho, Suprema, Dermalog, 3M Cogent, Crossmatch, HID Global, M2sys, Fujitsu, Papillon Systems, PU HIGH-TECH, East Shore

According to this study, over the next five years, the Automated Fingerprint Identification Systems (AFIS) market will register a 9.9% CAGR in terms of revenue, the global market size will reach $ 421.1 million by 2025, from $ 289.2 million in 2019.

Market Overview
Automated Fingerprint Identification Systems (AFIS) is a method in which fingerprints from individuals are stored as digital images in a database. Each fingerprint has features like arches, loops, and whorls that are unique to an individual. The current version of AFIS has been in use only for a few years and has revolutionized the way matches are made. Automated fingerprint identification systems are primarily used by law enforcement agencies for criminal identification initiatives, the most important of which include identifying a person suspected of committing a crime or linking a suspect to other unsolved crimes.

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Market Insights
Firstly, as for the global Automated Fingerprint Identification Systems (AFIS) industry, the top three manufacturers have a 7.74% revenue market share in 2015. The Japanese giant NEC, which has a 62.01% market share in 2015, is the leader in the Automated Fingerprint Identification Systems (AFIS) industry. The manufacturers following are Morpho, 3M Cogent, and Suprema, which respectively has 5.55%, 3.19%, and 2.73% market share globally. The PU HIGH-TECH is the leader of the China Automated Fingerprint Identification Systems (AFIS) industry.

Secondly, the revenue of the world Automated Fingerprint Identification Systems (AFIS) sales market has a rising from 1597.30 m dollars in 2014 to 1808.28 m dollars. The reason causes this increase is the rising demand for the Automated Fingerprint Identification Systems (AFIS) products, which is the result of the spurring needs of downstream customers.

Thirdly, the downstream industries of Automated Fingerprint Identification Systems (AFIS) products are Government, Military, Banking & Finance, Hospitality & Health Care, Transportation, and Mobile Payment Transaction. In recent years, with the rising awareness of security, the enlargement of commercial spending, and unsolved high rate of criminal, the consumption increase of Automated Fingerprint Identification Systems (AFIS) will be obvious. There is a huge potential need for Automated Fingerprint Identification Systems (AFIS). In the foreseeable future, the Automated Fingerprint Identification Systems (AFIS) products will show an optimistic upward trend.

Finally, although sales of Automated Fingerprint Identification Systems (AFIS) products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage, and downstream support, do not enter into the Automated Fingerprint Identification Systems (AFIS) field hastily.

The Automated Fingerprint Identification Systems (AFIS) market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.

This report segments the global Automated Fingerprint Identification Systems (AFIS) Market based on Types are:
Single Modal AFIS
Multi-Modal AFIS

Based on Application, the Global Automated Fingerprint Identification Systems (AFIS) Market is Segmented into:
Criminal
Civil

(Exclusive Offer: Flat 15% discount on this report)
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Regions are covered By Automated Fingerprint Identification Systems (AFIS) Market Report 2020 To 2025.

North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia, and Italy).
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).

Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Automated Fingerprint Identification Systems (AFIS) Market
-Changing the Automated Fingerprint Identification Systems (AFIS) market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Automated Fingerprint Identification Systems (AFIS) market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Automated Fingerprint Identification Systems (AFIS) Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions about Automated Fingerprint Identification Systems (AFIS) market:

- What are the market opportunities and threats faced by the key players?
- Why might we forecast a downturn in a particular economy next year?
- What are the challenges to market growth?
- What countries and sectors offer the highest potential?
- Where are the greatest dangers?

The report has 150 tables and figures browse the report description and TOC
https://www.marketinsightsreports.com/reports/10292407398/global-automated-fingerprint-identification-systems-afis-market-growth-2020-2025?Source=Openpr&Mode=46

What the report purchase provides access to:

1- Report in PDF format for all License types
2- Report in Excel + PDF format for Team and Corporate Licenses
3- Free analyst support for 6 months
4- Free report update with the Corporate User License
5- 15% free customization equal to 60 analyst hours.

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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