Automated fingerprint identification system market to increase at a CAGR of 19.71%

Press Release   •   Jun 24, 2013 09:28 BST

The automated fingerprint identification system (AFIS) market has been forecast to increase at a compound annual growth rate (CAGR) of 19.71% through to 2016, driven by the increased acceptance of e-governance projects, and the availability of customised automated fingerprint identification system applications.

Automated fingerprint identification is the process of automatically matching one or many unknown fingerprints against a database of known and unknown prints. Automated fingerprint identification systems are primarily used by law enforcement agencies for criminal identification initiatives, the most important of which include identifying a person suspected of committing a crime or linking a suspect to other unsolved crimes.

With greater frequency in recent years, automated fingerprint identification systems have been used in large scale civil identification projects. The chief purpose of a civil fingerprint identifications system is to prevent multiple enrolments in an electoral, welfare, driver licensing, or similar system.

Another benefit of a civil fingerprint identifications system is its use in background checks for job applicants for highly sensitive posts and educational personnel who have close contact with children.

With the availability of customisation, the demand for AFIS applications in different user segments has increased. All vendors are customising AFIS applications based on end-users' requirements. These end-users range from national ID customers to local agencies and private users. Several vendors offer a wide range of products from desktop AFIS to multimodal systems for large projects.

With advancements in technology, highly scalable and accurate solutions are being developed. Therefore, with the availability of customised solutions, the adoption of AFIS applications is increasing across a variety of segments.

The identification of individuals for security reasons is a high concern for governments and hence the increasing demand for assured certificates such as e-passports, national ID cards, driving licenses, and voter registration documents is increasing. This helps in increasing the reliability, speed, and accuracy of the security system.

Key players currently dominating the AFIS market include Morpho SA, 3M Cogent Inc., and NEC Corp.

For more information on the automated fingerprint identification system market, see the latest research: Automated Fingerprint Identification System Market issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.