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Global Automated Fingerprint Identification System Market to grow at a CAGR of 12.47% during 2016-2020

02-08-2017 02:57 PM CET | IT, New Media & Software

Press release from: researchmoz.us

Albany, NY, Feb 08, 2017: 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.

The global AFIS market to grow at a CAGR of 12.47% during the period 2016-2020. 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

Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=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

Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=685216

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?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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