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Automated Fingerprint Identification Market is Driven by Advancements in Digital Electronics Technology

05-24-2017 07:35 AM CET | Health & Medicine

Press release from: Transparency Market Research

Automated Fingerprint Identification Market is Driven

Automated fingerprint identification is a process which compares an unidentified fingerprint against recognized fingerprints stored in a database. These systems are related to conventional attendance and access control systems except that they offer real time fingerprint identification. In addition, these systems allow wide range of tasks such as processing, editing, searching, retrieving, and storing of fingerprint images.

Automated fingerprint identification systems are often used by law enforcement agencies for criminal identification, authentication, person background check, and fraud prevention measure. Furthermore, at present automated identification systems are used by government, and private enterprises for security and identification purpose. These systems are used in various applications such as border control, voter registration, latent print matching, national identity cards, e passports, and public safety.

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Automated fingerprint identification has gained significant attention across the globe, due to rising security concerns and unlawful activities. The necessity for effective investigation and easy suspect identification has increased to solve crime. In addition, the demand for automation in criminal identification system and storage of information is increasing due to sluggish conventional criminal identification process.

Furthermore, the advancements in digital electronics technology, and increasing demand for faster fingerprint identification are expected to drive the automated fingerprint identification market. However, the reliability, and accuracy of fingerprint identification is a major concern in the criminal identification process. In addition, technical failures in the integration of hardware such as fingerprint scanner, and defects in software algorithm for fingerprint comparison are the key challenges restraining this market.

Furthermore, with increasing development in identification technologies such as palm recognition, and facial recognition are expected to restraint the adoption of automated fingerprint identification market. The rising adoption of automated fingerprint identification by government, and private enterprises in civil identification projects provide opportunity for automated fingerprint identification market. Further, developments in cloud based automated fingerprint identification systems offer additional growth opportunities. For instance, the M2SYS Technology has introduced cloud based identification system to increase the scalability, and reduce hardware cost related to automated fingerprint identification systems.

Automated fingerprint identification (AFI) market is segmented by component, platform, search type, application, and geography. By component, AFI market is segmented into sensors, microprocessors/ microcontrollers, and others. Sensors are further segmented into optical, capacitive, pressure based, and ultrasound. Based on platform, the AFI market is segmented into on-premise, and cloud based. By search type, the AFI market is segmented into tenprint to tenprint, latent print to latent print, and others (tenprint to latent print viz.).

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By application, the AFI market is segmented into government, banking and finance, healthcare, enterprise, and others. On the basis of geography, the AFI market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among these regions, North America and Europe have witnessed large scale adoption of automated fingerprint identification systems due to increasing security measures, and technological advancements in security systems. In the U.S., these systems are widely used, and managed by the Federal Bureau of Investigation (FBI) for criminal identification. Asia Pacific, and Middle East and Africa are expected to see healthy growth in the AFI market due to increasing demand for identification systems in automation.

The rapid development in digital electronics technology, and software systems has compelled many companies to introduce improved automated fingerprint identification systems. The key companies operating in this market include Fujitsu Limited, Suprema, Inc., 3M Cogent, Inc., Papillon Systems, M2SYS Technology, NEC Corporation, Morpho Detection LLC, Cross Match Holdings, Inc., 4G Identity Solutions Pvt. Ltd., Identification International, Inc., Sonda Technologies, Biometrics4All, Inc., HID Global Corporation/ASSA ABLOY AB., AFIX Technologies, Inc., and MOSA Technology Solutions, Inc.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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