Automated fingerprint identification or recognition systems are used to acquire, protect and analyze fingerprints. Traditionally, this system has been used mainly by law enforcement agencies to detect criminals. Automated fingerprint recognition systems are used to match suspicious fingerprints with databases. This procedure is useful for analyzing criminal cases swiftly. However, as recently emphasized the importance of security, the use of this system increases in several commercial organizations.
Automated Fingerprint Identification Systems Market Size and growth rate
Automated Fingerprint Identification System Market is estimated US $ 5.61 billion in 2017 and it is projected to reach US $25.49 billion by 2026, with a CAGR of 17.5% during the forecast period 2021.
Growth Opportunities, Challenges and Restraints of Automated Fingerprint Identification Systems Market:
Fingerprint recognition systems are rising due to security issues and illegal activities. The need for effective investigation and the identification of suspects has increased to deal with crime. In addition, the need to automate and store information on crime identification systems is increasing due to the lack of processes of identification of existing offenses. Due to the advances in digital electronic technology and the rapid demand for recognition of fingerprints, the market for Automated fingerprint recognition systems is expected to be more active. However, the reliability and accuracy of the systems is an important concern in the criminal identification process.
But the limitations of software algorithms for technology failures and fingerprint comparisons in hardware integration, such as fingerprint scanners, are a key challenge in limiting this market. In addition, the development of identification technologies, such as the recognition of palm trees and facial recognition, is expected to limit the adoption of these systems. The adoption of automated systems for the recognition of fingerprint system by private companies offers the opportunity to the world market. The development of cloud-based fingerprint recognition systems also offers additional growth opportunities. For example, M2SYS technology introduces a cloud-based identification system to increase scalability and reduce hardware costs associated with fingerprint recognition systems.
Regional Presence of Automated Fingerprint Identification Systems Market
Depending on the region, the automated fingerprint identification system market can be classified as North America, Europe, Asia-Pacific, the Middle East and Africa (MEA) and Latin America. During the forecast period, North America will gain an important part of the global market. Automated fingerprint recognition systems are automatically used primarily by law enforcement agencies, government offices, health centers, and other commercial offices in the region. As the proportion of government activity and the number of crimes in the Asia-Pacific region increases, it is expected that the market these identification systems will grow sharply.
Prominent Companies in the Automated Fingerprint Identification Systems Market analyzed in the report are
- Crossmatch Technologies Inc
- East shore Technologies
- Gemalto NV
- NEC Corporation
- Sonda Technologies
- 3M Cogent Inc
- Dermolog Identification Systems Gmbh
- M2sys Technology
This research report includes following segmentation for the Automated Fingerprint Identification Systems Market size and forecast
Automated Fingerprint Identification Systems Market - By Search Type
- Latent Print
- Ten Print
Automated Fingerprint Identification Systems Market - By Component
Automated Fingerprint Identification Systems Market - By Product
- Single Modal Automated Fingerprint Identification
- Mutli Modal Automated Fingerprint Identification
Automated Fingerprint Identification Systems Market - By End User
- Consumer Electronics
- Defense and Security
Automated Fingerprint Identification Systems Market – By Region
- North America
- United Kingdom
- South Korea
- Latin America
- Middle-East & Africa