Automated Fingerprint Identification System Market - By Analysis Type , By Application , By End-users -Forecast(2024 - 2030)

Automated Fingerprint Identification System Market Size is forecast to reach $ 59521 Million by 2030, at a CAGR of 21.50% during forecast period 2024-2030. Automated fingerprint identification system is a process through which an individual’s fingerprints are captured as digital images and stored in a database for anytime retrieval. A fingerprint has features such as loops, arches, and whorls, which are exclusive to every individual. Automated fingerprint identification system is widely used by law enforcement agencies to compare finger prints and arrest criminals. However, with technological modernization, a version of automated fingerprint identification system is used by organizations to let employees to login/logout at their workplace. Fingerprints can not only be used to ensure that they have the permission to gain access to an office or use equipment but also to authenticate a person’s identity. Therefore, automated fingerprint identification system is used across instances wherein the sensitive information needs to be restricted.

The technological evolution from the manual processes to digital processes is one of the key drivers for the global automated fingerprint identification system market. Also, with the increase in demand to store and retrieve criminal records, the need for the digitization of the data through the use of automated fingerprint identification system would boost this market for law enforcement applications across the government sector. In addition, the need for safe transactions across the banking & finance industry is another factor propelling the global automated fingerprint identification system market. The rising preference and adoption of mobile payments is also analyzed to bolster the automated fingerprint identification system market to ensure safe transactions over instead of a password.

The global automated fingerprint identification system market is classified by analysis type as follows

• Latent Analysis
• Ten-print Analysis.

The global automated fingerprint identification system market is segmented into components as follows:

• Hardware
  • Displays
  • Fingerprint Input Modules
  • Microcontrollers/Microprocessor
  • Others
• Software
• Services.

The global automated fingerprint identification system market is classified into applications as follows:

• Civil,
• Criminal
• Others.

The global automated fingerprint identification system market is further bifurcated on the basis of end-users into:

• Healthcare
• Banking & Finance
• Government
• Transportation
• Education & Research
• Hospitality
• Others.

Lastly, the global automated fingerprint identification system market is segmented by regions into North America, Asia Pacific (APAC), Europe and Rest of the World (RoW). The market is expected to grow significantly across North America, due to the presence of several key players in the region.

Some of the key players operating in the global automated fingerprint identification system market are:

• 3M Cogent, Inc. (U.S.)
• NEC Corporation (Japan)
• M2sys Technology (U.S.)
• Dermalog Identification Systems GmbH (Germany)
• Safran Group (France) among others.

Key Market Players:

The Top 5 companies in the Automated Fingerprint Identification System Market are:

1. 3M Cogent, Inc.
2. NEC Corporation
3. M2sys Technology
4. Dermalog Identification Systems GmbH
5. HID Global Corporation

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