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The Automated Fingerprint Identification System Market Size was valued at USD 11.96 Billion in 2023 and is expected to reach USD 67.55 Billion by 2032 and grow at a CAGR of 21.24% over the forecast period 2024-2032.
Global security issues have fueled the need for such strong identification and verification systems as well as automated fingerprint identification systems. AFIS is a collection of electronic components that uses computer systems to capture, store, and analyze a person's biometric information. Because of this, there are many reasons why governments and law enforcement would be attracted to the system.
Mainly, online and mobile banking, the demand for secure financial transactions has been another significant drive for the adoption of AFIS. For instance, the same ATM can be fitted with this technology to withdraw cash instead of debit cards, which then just needs a PIN to draw money regardless of whether a person carrying it or not. Fingerprint authentication provides more security as compared to any traditional password because there is less chance of fraud. According to the periodic reviews conducted by the National Institute of Standards and Technology, FNIR is 1.9%. The False Positive Identification Rate (FPIR) is reported at 0.1% for rolled and slap print matching. As compared to the above, Rank-1 Identification Rate, searching 1114 latent prints against 100,000 reference images is 67.2% according to the NIST-performed evaluation of ELFT-EFS on latent fingerprints.
Risks associated with illegal immigration, terror activities, and the increasing crime rate have also prompted the government to invest in border security and law enforcement. AFIS will enable quicker identification of criminals with its vast database and minimal technical expertise, which has catalyzed market growth over the last few years. For instance, in Bengaluru, India, the local police force has installed MCCTNS since September 2023. It has a fingerprint scanner that is connected to a criminal database; a scan of any individual will show if the person has any records. As of May 2024, around 1.7 million people have been scanned in this technology, and nearly 15,000 people have criminal backgrounds. This brings out efficiency, and there is a need for these solutions to be allowed to allow preventive policing, hence aiding in industry growth.
Key Drivers:
• Rising Global Security Challenges and the Role of AFIS in Identity Verification
The increasing demand for secured systems of identity and verification globally has contributed to the high growth in the Automated Fingerprint Identification System (AFIS) market, especially with the rising crime of identity theft and fraud. According to reports in 2023, U.S. consumers alone suffered around USD 10 billion in losses due to fraud. Data breaches impacted more than 422 million people, up 41.5% compared to the preceding year. These striking statistics denote a need for stronger security measures in all sectors which include government and law enforcement, finance, and healthcare. For instance, AFIS plays an important role in the situation by providing accurate, automated solutions to fingerprint verification. For example, it is used in the management of one of the vast fingerprint data the United States FBI's Integrated Automated Fingerprint Identification System, IAFIS holds in terms of supporting criminal investigations and preventing identity fraud. Similarly, Eurodac, which is the fingerprint database of the European Union making it easier to handle asylum applications and control cross-border crime, cannot work without AFIS.
AFIS helps financial institutions ensure online banking and reduce risks of fraud. Healthcare institutions use it to safeguard sensitive patient data from unauthorized access. As identity theft cases increase by 15% in the United States during 2022, the demand for AFIS solutions will only continue to grow. AFIS helps organizations handle security risks in a better manner and positions itself as the key technology in identity fraud mitigation, access control, and sensitive information security. This overall growth based on trends involving biometric solution usage along with AI and cloud-based technologies is driving this market forward.
Restrain:
• High Initial Costs and Maintenance as a Barrier to AFIS Adoption
Another reason that discourages many people from adopting AFIS widely is the huge cost incurred mainly on installed infrastructure, software, and hardware. Micro-enterprises and developing nations cannot afford such gigantic initial investments. Some of the costs of establishing an AFIS are biometric scanners, connecting systems to previously established databases, and securing safe and secret storage facilities for sensitive data. In addition to this, maintaining a system, the need for software updates, and cybersecurity costs are added expense that falls on institutions with inadequate budgets.
Majority of African states and smaller economies of Latin America, find themselves in situations whereby AFIS presents a challenge due to their limited technological infrastructure and budget constraints. This means that countries will have to choose between what will be first: service or security systems. In many cases, service always takes precedence over expensive security systems, and hence, penetration of the AFIS market is slow. To address these expensive costs, some resellers are now considering cloud-based AFIS solutions that demand fewer hardware and infrastructure, and, therefore, are more feasible for smaller institutions. However, the continuous investment in terms of system upgradation and maintenance provides key constraints on the growth of the AFIS market, particularly in less financially endowed regions.
By Component Type
Hardware Segment Hardware comprised the largest share of revenues in the global market by 43.9% during 2023. Major hardware components of AFIS consist of fingerprint scanners, cameras, and computer systems. These capture, store, and process fingerprint information, hence, heart parts of operations in the system. The initial deployment of an AFIS solution involves a massive investment in these hardware components. The various innovative products in hardware technology have made it necessary for organizations to upgrade their systems, thus driving growth in the segment. Market demand is likely to increase with the emergence of the automated biometric identification system (ABIS) as it will help the authorities increase their efficiency in identification processes by implementing and utilizing a much more advanced database.
The Service Segment is expected to grow at the highest CAGR of 23.89% during the forecast period. AFIS systems are always being upgraded and are being developed with advanced algorithms as well as by using artificial intelligence (AI) so that the system can accurately be deployed in the market. Such complexity has increased the demand for specialized services, enabling the integration of existing security infrastructure and maintaining the system without delay so that the system functions at its optimal level. An ever-growing awareness of the benefits associated with the use of AFIS created a huge demand in underdeveloped and emerging economies for this technology for law enforcement and public service purposes, consequently creating an equivalent demand for the installation and scheduled maintenance of the product.
By End-Use Type
The Banking & Finance Sector dominated the market share in 2023. The institutes deal with crucial customer information and large amounts of money. Therefore, an advanced security system has emerged as the new basic necessity in their operations. There is always a potential for security breaches which may cost these institutes significant monetary and reputational losses. AFIS technology makes for safe user authentication with little or no fraud and unauthorized access. This is the reason why the banking and finance sector has invested a lot in these automated systems.
The Government Sector is expected to expand at the highest CAGR of 24.11% through the forecast period 2024-2032 the AFIS market. Government agencies always seek opportunities to strengthen public safety and national security by implementing advanced solutions. AFIS offers a much faster and more reliable method of criminal identification, border control, and access to government facilities. Governments have also ensured that they digitize their operations and have improved their citizen identification structures, which is a given situation when one has numerous identification mechanisms. These tools also have wide application in situations like natural disasters as they can quickly identify the victims and missing persons by checking their database, this thus helps governments to implement expedited initiatives for rejuvenation and relief.
The North American region was dominant in the market, accounting for 36.4% of the world market share in 2023. The region has a fully developed technological infrastructure, which has driven the development and deployment of advanced AFIS solutions. Hence, in the way innovation is approached, there has always been a competitive edge kept by companies in North America in the global market. In addition, the governments and businesses in the region are always looking to implement strong security practices. This means that the demand for AFIS solutions would be quite high across various sectors of the market, such as government offices, financial institutions, and private organizations.
The Asia Pacific segment is expected to witness the highest growth in terms of CAGR of 23.99% over the forecast period. The fast speed of economic growth and increasing disposable income levels in the Asia Pacific have driven the demand for enhanced security measures across various sectors, namely banking, immigration control, and access control. According to the data of ASI, the number of persons employed in manufacturing industries saw a 7.5 % hike to 1.85 crores in the year 2022-23 against 1.72 crores in the previous year. The estimated number of persons engaged in the sector in 2022-23 crossed 22.14 lakh above the pre-pandemic level, according to a statement by MoSPI, adding that average emolument also saw a hike over the. The governments in the region have initiated initiatives that promote the use of biometric identification systems, of which fingerprints are one. These policies are incentives for developing and rolling out AFIS solutions; hence, there are significant opportunities to launch AFIS products.
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Some of the major players in the Automated Fingerprint Identification System (AFIS) Market are:
3M (3M Cogent Fingerprint Biometrics, 3M Mobile ID Solutions)
NEC Corporation (NEC NeoFace, NEC AFIS)
IDEMIA (MorphoFingerprint, ID Check Mobile)
Fujitsu (Fujitsu Biometric Authentication System, Fujitsu PalmSecure)
HID Global Corporation (HID DigitalPersona, HID ActivID Authentication Server)
M2SYS Technology (M2SYS Bio-Plugin, M2SYS Cloud-based AFIS)
Biometrics4ALL (BioStore, BioLite)
DERMALOG Identification Systems GmbH (DERMALOG AFIS, DERMALOG Fingerprint Scanner)
Papillon Systems (Papillon AFIS, Papillon Biometric Solutions)
Sonda Technologies Ltd. (Sonda AFIS Solutions, Sonda Biometric Systems)
Cross Match Technologies (Cross Match SecureCapture, Cross Match DigitalPersona)
Gemalto (Gemalto AFIS, Gemalto BioSmart)
Suprema (Suprema BioStar, Suprema FaceStation)
ZKTeco (ZKTeco BioTime, ZKTeco Fingerprint Attendance)
Veridos (Veridos ID Solutions, Veridos Biometric Enrollment)
Bio-Key International (Bio-Key ID Director, Bio-Key WEB-key)
MorphoTrust (part of IDEMIA) (MorphoTrust Biometric Enrollment, MorphoTrust SmartID)
SYNAPSIS (SYNAPSIS AFIS, SYNAPSIS Identity Management)
Innovatrics (Innovatrics AFIS, Innovatrics SmartFace)
TBS (The Biometrics Company) (TBS AFIS Solutions, TBS Identity Management Systems)
In July 2024, the Japanese communications corporation SoftBank Corp. formed a strategic partnership with NEC Corporation to integrate NEC's Bio-IDiom biometric authentication technology into the security services and communication infrastructure of SoftBank. This collaboration is going to enhance the use of advanced security controls adapted to various industrial and application requirements.
In May 2024, IDEMIA Public Security North America announced that it would be rolling out its STORM ABIS Automated Biometric Identification System to the Volusia Sheriff's Office in Florida. The cloud-based system is designed to empower law enforcement agencies' ability to identify, analyze, compare, and document prints via a complex algorithm from a remote location, thereby increasing the effectiveness of the operations carried out by those individuals.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 11.96 Billion |
| Market Size by 2032 | US$ 67.55 Billion |
| CAGR | CAGR of 21.24 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Component Type (Hardware, Software, Service) • By Search type (Tenprint Search, Latent Search) • By End-use Type (Banking & Finance, Consumer Electronics, Defense & Security, Government, Healthcare, Transport/Logistics, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | 3M, NEC Corporation, IDEMIA, Fujitsu, HID Global Corporation, M2SYS Technology, Biometrics4ALL, DERMALOG, Papillon Systems, Sonda Technologies Ltd., Cross Match Technologies, Gemalto, Suprema, ZKTeco, Veridos, Bio-Key International, MorphoTrust, SYNAPSIS, Innovatrics, TBS |
| Key Drivers | • Rising Global Security Challenges and the Role of AFIS in Identity Verification |
| Restraints | • High Initial Costs and Maintenance as a Barrier to AFIS Adoption |
Ans: The Automated Fingerprint Identification System (AFIS) Market is expected to grow at a CAGR of 21.24% during 2024-2032.
Ans: The Automated Fingerprint Identification System (AFIS) Market size was USD 11.96 billion in 2023 and is expected to Reach USD 67.55 billion by 2032.
Ans: The major growth factor of the Automated Fingerprint Identification System (AFIS) Market is the increasing demand for secure and reliable identity verification solutions across various industries and sectors.
Ans: The Hardware Type Segment dominated the Automated Fingerprint Identification System (AFIS) Market.
Ans: North America dominated the Automated Fingerprint Identification System (AFIS) Market in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Key Vendors and Feature Analysis, 2023
5.2 Performance Benchmarks, 2023
5.3 Integration Capabilities, by Software
5.4 Usage Statistics, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Automated Fingerprint Identification System (AFIS) Market Segmentation, By Component Type
7.1 Chapter Overview
7.2 Hardware
7.2.1 Hardware Market Trends Analysis (2020-2032)
7.2.2 Hardware Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Software
7.3.1 Software Market Trends Analysis (2020-2032)
7.3.2 Software Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Service
7.4.1 Service Market Trends Analysis (2020-2032)
7.4.2 Service Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Automated Fingerprint Identification System (AFIS) Market Segmentation, By End-Use Type
8.1 Chapter Overview
8.2 Banking & Finance
8.2.1 Banking & Finance Market Trends Analysis (2020-2032)
8.2.2 Banking & Finance Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Consumer Electronics
8.3.1 Consumer Electronics Market Trends Analysis (2020-2032)
8.3.2 Consumer Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Defense & Security
8.4.1 Defense & Security Market Trends Analysis (2020-2032)
8.4.2 Defense & Security Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Government
8.5.1 Government Market Trends Analysis (2020-2032)
8.5.2 Government Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Healthcare
8.6.1 Healthcare Market Trends Analysis (2020-2032)
8.6.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Transport/Logistics
8.7.1 Transport/Logistics Market Trends Analysis (2020-2032)
8.7.2 Transport/Logistics Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Others
8.8.1 Others Market Trends Analysis (2020-2032)
8.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Automated Fingerprint Identification System (AFIS) Market Segmentation, By Search Type
9.1 Chapter Overview
9.2 Tenprint Search
9.2.1 Tenprint Search Market Trends Analysis (2020-2032)
9.2.2 Tenprint Search Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Latent Search
9.3.1 Latent Search Market Trends Analysis (2020-2032)
9.3.2 Latent Search Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.2.4 North America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.2.5 North America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.2.6.2 USA Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.2.6.3 USA Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.2.7.2 Canada Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.2.7.3 Canada Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.2.8.2 Mexico Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.2.8.3 Mexico Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.1.6.3 Poland Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.1.7.3 Romania Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.5 Western Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.6.3 Germany Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.7.2 France Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.7.3 France Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.8.2 UK Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.8.3 UK Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.9.3 Italy Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.10.3 Spain Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.13.3 Austria Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.5 Asia Pacific Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.4.6.2 China Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.6.3 China Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.4.7.2 India Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.7.3 India Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.4.8.2 Japan Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.8.3 Japan Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.4.9.2 South Korea Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.9.3 South Korea Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.4.10.2 Vietnam Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.10.3 Vietnam Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.4.11.2 Singapore Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.11.3 Singapore Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.4.12.2 Australia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.12.3 Australia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.1.4 Middle East Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.1.5 Middle East Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.1.6.2 UAE Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.1.6.3 UAE Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.2.4 Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.2.5 Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.6.4 Latin America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.6.5 Latin America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.6.6.2 Brazil Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.6.6.3 Brazil Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.6.7.2 Argentina Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.6.7.3 Argentina Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.6.8.2 Colombia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.6.8.3 Colombia Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Search Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, By Component Type (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Automated Fingerprint Identification System (AFIS) Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11. Company Profiles
11.1 3M
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 NEC Corporation
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 IDEMIA
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Fujitsu
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 HID Global Corporation
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 M2SYS Technology
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Papillon Systems
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Gemalto
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 TBS
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Suprema
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
MARKET SEGMENTATION
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Rest of Western Europe
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Rest of Asia Pacific
Middle East & Africa
Middle East
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Rest of the Middle East
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Product Analysis
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Additional countries in any of the regions
Company Information
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The Industrial Refrigeration Market size was valued at USD 21.46 Billion in 2023. It is estimated to reach USD 33.86 Billion by 2032 with a growing CAGR of 5.2% over the forecast period 2024-2032.
The High-frequency Trading Server Market Size was valued at $600 Million in 2023 and is expected to reach $1054.07 Million at a CAGR of 6.47% During 2024-2032
The Semiconductor Fabless Market Size was valued at USD 4.21 Billion in 2023 and is expected to reach USD 9.57 Billion, at a CAGR of 9.60% by 2024-2032
The Wi-Fi Chipset Market Size was valued at USD 23.78 Billion in 2023. It is estimated to reach USD 37.16 Billion, growing at a CAGR of 5.11% by 2032
The Underfloor Heating Market Size was valued at $4.8 billion in 2023 and is expected to reach $9.7 billion by 2032 & grow at a CAGR of 8.2 % by 2024-2032.
The Current Sensor Market size was valued at USD 3.00 billion in 2023. It is estimated to hit USD 7.19 billion by 2032 and grow at a CAGR of 10.20% over the forecast period of 2024-2032.
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