Competitive Landscape for Automated Fingerprint Identification Market by Global Segments – 2023
A new market research report by Transparency Market Research, titled “Automated Fingerprint Identification Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023”, comprises a detailed understanding of the global automated fingerprint identification market. This study has been compiled by taking inputs from leading industry specialists and by conducting both secondary as well as primary research. The key segments as well as sub-segments in the market have been covered and their state by the end of the forecast period has also been presented. The technological advancements taking place in this market and their impact on the development of the market also form an integral part of this study.
The first section of the report presents the definition of automated fingerprint identification process. Automated fingerprint identification refers to a process involving the automatic matching of one or more than one fingerprints with a database of known fingerprints. Automated fingerprint identification systems are extensively employed by law enforcement agencies in order to find criminal identification. The most significant function of these systems is to look for an individual guilty of committing a crime and to identify suspects of other unsolved crimes.
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The increasing unlawful activities and the rising security concerns globally are driving the automated fingerprint identification market. In addition, the rising development in digital electronics technology and the growing demand for swift fingerprint identification systems will provide impetus to the development of the automated fingerprint identification market. Furthermore, a number of advancements seen in cloud-based automated fingerprint identification systems present more growth opportunities in the global automated fingerprint identification systems.
On the other hand, the growing advancements in identification technologies such as that of facial recognition and palm recognition will dampen the growth of the market. Additionally, a number of technical failures faced in hardware integration of fingerprint scanners may inhibit the development of the overall market.
The market is segmented in terms of platform, component, application, search type, and geography. On the basis of platform, the report segments the market into cloud-based and on-premise automated fingerprint identification. By component, the report categorizes the market into microprocessors/ microcontrollers, sensors, and others. Amongst these, sensors are sub segmented into optical, pressure based, capacitive, and ultrasound. By application, the market is categorized into banking and finance, government, healthcare, enterprises, and others.
Geographically, the report categorizes the market into Latin America, Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Of these, Europe and North America have been extensively employing automated fingerprint identification systems over the past few years owing to rising security measures and the increasing technological developments seen in security systems. On the other hand, the Middle East and Africa and Asia Pacific are poised to experience significant growth in the market in the coming years due to rising demand for automated fingerprint identification systems in these regions.
Fujitsu Limited, Suprema, Inc., Papillon Systems, NEC Corporation, Morpho Detection LLC, 4G Identity Solutions Pvt. Ltd., Sonda Technologies, HID Global Corporation/ASSA ABLOY AB., MOSA Technology Solutions, Inc., among others, are the key players dominant in the market.
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