Press release
Automated Fingerprint Identification System Market to Reach USD 29.27 Bn by 2030
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: ๐๐๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐๐ ๐๐ ๐๐ซ๐จ๐ฐ๐ญ๐กThe Automated Fingerprint Identification System (AFIS) market is driven by the growing need for security, enhanced identity verification processes, and the widespread adoption of biometric technologies across government, banking, healthcare, and law enforcement sectors. The increasing adoption of digital security solutions, the shift towards contactless technologies, and the growing demand for advanced surveillance systems are key factors contributing to this growth.
The market for automated fingerprint identification systems was valued at US$ 8.97 billion in 2023, and it is anticipated that total revenue will increase at a compound annual growth rate (CAGR) of 18.4% from 2024 to 2030, reaching over US$ 29.27 billion.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/118594/
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
Vietnam, Thailand & Singapore: Southeast Asia Paving the Way for AFIS Integration
In Vietnam and Thailand, the government's emphasis on national security and smart city development has led to increased demand for biometric identification systems. Both countries are rolling out national ID systems incorporating AFIS technology, particularly in border control and immigration sectors. In Singapore, the market is driven by the Smart Nation Initiative, which integrates biometric authentication into various public services, enhancing the market's potential.
Japan & South Korea: Leading the Technological Advancements
Japan and South Korea continue to be at the forefront of technological innovation in AFIS systems. Japan's National Police Agency is deploying cutting-edge fingerprint recognition systems for law enforcement. Meanwhile, South Korea is integrating AI-driven fingerprint scanners into commercial sectors, including finance and retail. These advancements are expected to shape the future of AFIS in the Asia-Pacific region.
Europe & the United States: Strategic Developments in Biometric Security
In Europe, several countries, including Germany and the UK, are deploying AFIS technology to strengthen border security and criminal identification. The European Union is also focusing on a more integrated approach to biometric systems for travelers' authentication across member states. In the United States, the Federal Bureau of Investigation (FBI) has been enhancing its Integrated Automated Fingerprint Identification System (IAFIS), while several private companies are using AFIS technology in sectors like banking, insurance, and e-commerce for secure transactions.
๐๐๐ ๐๐ซ ๐ญ๐จ ๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ฐ๐ข๐ญ๐ก๐ข๐ง? ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐๐ฒ:https://www.maximizemarketresearch.com/request-sample/118594/
๐๐๐ซ๐ ๐๐ซ๐ฌ & ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
Recent mergers and acquisitions in the AFIS market highlight the sector's rapid innovation and consolidation, with key players expanding their capabilities across global regions.
MorphoTrust USA (now part of Idemia) continues to grow through strategic acquisitions, expanding its portfolio of biometric solutions for government and commercial markets in the US and beyond.
Thales Group has acquired several biometric companies to enhance its fingerprint identification technology offerings for both the public sector and commercial enterprises worldwide.
NEC Corporation has merged with Qualcomm's biometric authentication division, significantly boosting its AFIS offerings in Asia and North America, while enabling broader deployment of AI-powered biometric solutions.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ ๐๐ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐ข๐จ๐ง
The AFIS market is seeing continuous advancements in fingerprint matching algorithms and artificial intelligence (AI), improving accuracy, speed, and efficiency. Cloud-based AFIS solutions are also gaining traction, enabling seamless scalability and better data security for government agencies, law enforcement, and private sectors. Additionally, the integration of multimodal biometric systems (combining fingerprints with face or iris recognition) is becoming a growing trend for enhanced security.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/118594/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Software
Hardware
Services
The market is divided into three segments based on component: hardware, software, and services. The software category is anticipated to dominate the market throughout the forecast period. This can be linked to the rise in demand for integrated AFIS products for criminal or personal identification. Furthermore, manufacturers of automated fingerprint identification systems are focusing on creating highly effective, fully customizable systems that adhere to standards and enable users to swiftly get a solution tailored to their unique business needs.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Baking and Finances
Consumer electronics
Defenses and security
Government
Healthcare
The market is divided into four segments: government, healthcare, consumer electronics, banking and finance, and defense and security. The government sector led the market as a result of the growing use of AFIS to give each person a unique identification, which helps to lessen issues like identity theft and fraudulent identities. The demand for sophisticated authentication and identity systems in smartphones and tablets is anticipated to be driven by the consumer electronics sector.
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ :https://www.maximizemarketresearch.com/market-report/automated-fingerprint-identification-system-market/118594/ ๏ปฟ
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Biometrics4ALL Inc.
2. Suprema
3. Gemalto NV
4. Crossmatch (HID Global)
5. DERMALOG Identification Systems GmbH
6. M2SYS Technology
7. Morpho SA (IDEMIA)
8. 3M Cogent (US)
9. Safran Identity and Security (US)
10. NEC Corporation (Japan)
11. M2SYS Technology (US)
12. Afix Technologies Inc (US)
13. Biometrics4ALL (US)
14. Fujitsu (Japan)
15. Cross Match Technologies (US)
16. HID Global Corporation (US)
17. Morpho SA (France)
18. The PU HIGH-TECH
๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค: ๐๐ก๐๐ญ'๐ฌ ๐๐๐ฑ๐ญ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ ๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ?
As security threats continue to rise globally, and privacy concerns intensify, the AFIS market is expected to evolve. Key trends for the near future include the increased deployment of biometric systems in smart cities, widespread adoption of contactless fingerprint scanners, and the growing application of biometrics in mobile devices.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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