Automatic fingerprint recognition is the process of collating fingerprints with a database of known or unknown prints using a computer. The Automated Fingerprint Identification System (AFIS) is primarily used by law enforcement agencies for criminal investigation purposes. The most important thing is to identify those who are suspected of committing a crime or linking the suspect to another unsolved crime.
The global automated fingerprint identification system (AFIS) market size is projected to reach USD 12.46 billion by 2022, according to a new study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of +18% over the forecast period.
Automated fingerprint verification is a closely related technology used in applications such as attendance and access control systems. From a technical point of view, the verification system identifies the identity required (the user can present his PIN or ID card and claim his or her identity as fingerprint), whereas the identification system identifies the identity based only on the fingerprint I decide.
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Top key player profiled in this report: NEC Corporation, Morpho SA, 3M Cogent Inc., Suprema Inc., Dermalog Identification Systems Gmbh, HID Global Corporation, Fujitsu Limited, Crossmatch Technologies Inc., M2sys Technology, Afix Technologies Incorporation, Papillon Systems, East Shore Technologies, PU HIGH-TECH
This statistical report throws light on the existing scenario of the market to understand the different up-down stages of the businesses. It highlights the past records of profit margin also predicts the future growth in the upcoming year.
The Automated Fingerprint Identification System market has been subdivided based on provincial players, some well-established, and some newly entering the global market. These athletes strive to demonstrate activities such as research and development and introduce new products and services that can effectively compete with other existing players. The business strategy of a major company will help new entrants understand the business of the industry and lead all strategies to success.
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The business profiles of top level companies have been profiled to get an accurate and detailed knowledge of top level companies. It includes several online and offline activities to enlarge the businesses rapidly. Some significant brand promotion strategies, sales strategies, advertising strategies have been mentioned in the research report. North America, Latin America, Asia-Pacific, Africa, and Europe have been analyzed on the basis of various business parameters like investment, financial budget, and profit margin.
The major key pillars of businesses such as driving factors are elaborated to understand the possible reasons behind the growth of the market. Apart from this, it focuses on restraining factors which helps to understand and tackle the risks and challenges in front of the businesses. However, the strategies employed by the different successful industries have been examined clearly. Different segments and sub-segments have been elaborated in a descriptive manner.
For the accurate and stable business outlook, the report on the global Automated Fingerprint Identification System market throws light on possible global opportunities in the forecast period. The base year considered for the market study is forecast period.
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Major factors covered in the report:
- Global Automated Fingerprint Identification System Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Automated Fingerprint Identification System Market Forecast