Published Date : Mar 07, 2016
Albany, New York, March 07, 2016: MarketResearchReports.biz announces the launch of a new report to its extensive repository of market studies spanning various industry verticals. The new report, titled ‘Global Automated Fingerprint Identification System (AFIS) Industry 2016 Market Research Report,’ encompasses a detailed study of this industry across several regional markets. Automated fingerprint identification systems have gained favor among various government and corporate entities in recent years because of their ability to store and analyze swathes of fingerprint data. This digital imaging technology became widely known after the U.S. Federal Bureau of Investigation (FBI) began using it in criminal cases.
Identity verification and fraud prevention are the key application areas of automated fingerprint identification systems. After being in use in federal agencies for more than two decades, AFIS has now gained commercial acceptance and is witnessing wider deployment. This has led to the emergence of several vendors offering AFIS software and hardware in the global AFIS market worldwide.
The report states that the demand for AFIS will continue to steadily rise in the near future owing to the increased need for security and identity verification. The threat of terrorism and insurgency has forced many private and public organizations to put in place mechanisms to counter these threats. As a result of this, enterprises are now more willing to make sizeable investments in automated fingerprint identification systems.
Moreover, countries worldwide are now required to open up their existing integrated AFIS to each other with the globalization of the world economy. Besides the government sector, the growing integration of the banking and finance sector will also augur well for the global automated fingerprint identification system.
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The government sector is expected to drive the global automated fingerprint identification system industry in the coming years.
Players in the AFIS market have introduced several proprietary and innovative solutions so as to gain a competitive advantage over their counterparts. Among the leading players profiled in the present market research report are: NEC Corporation, 3M, Fujitsu, Morpho, Crossmatch Technologies, Suprema, HID Global, Dermalog Identification Systems, Sonda Technologies, Papillon Systems, M2sys Technology, Afix Technologies, and others.
The report relies extensively on primary and secondary research in order to come up with sharp insights into the current and projected trends in the automated fingerprint identification system (AFIS) industry. These insights have been obtained from deep primary and secondary research, which has been conducted by seasoned market research professionals. The demand and sales of AFIS form the basis on which revenue estimates have been obtained. The report focuses the following regional markets to present a holistic view of the current status of the AFIS market: China, United States, Japan, and leading countries in the European Union.
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