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Automated Fingerprint Identification Systems (AFIS) Market: Comprehensive Study Explores Huge Growth in Future: Leading Key Players-NEC, Morpho, 3M Cogent, Suprema

Marketresearchnest Reports adds “Global Automated Fingerprint Identification Systems (AFIS) Market Growth 2019-2024”new report to its research database. The report spread across 164 pages with multiple tables and figures in it.

 

Pune, India -- (SBWIRE) -- 02/15/2019 -- Automated Fingerprint Identification Systems (AFIS) is a method in which fingerprints from individuals are stored as digital images in a database. Each fingerprint has features like arches, loops, and whorls that are unique to an individual. The current version of AFIS has been in use only for a few years and has revolutionized the way matches are made. 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.

Firstly, as for the global Automated Fingerprint Identification Systems (AFIS) industry, the top three manufacturers have 7.74% revenue market share in 2015. The Japanese giant NEC, which has 62.01% market share in 2015, is the leader in the Automated Fingerprint Identification Systems (AFIS) industry. The manufacturers following are Morpho, 3M Cogent and Suprema, which respectively has 5.55%, 3.19% and 2.73% market share globally. The PU HIGH-TECH is the leader of China Automated Fingerprint Identification Systems (AFIS) industry.
Secondly, the revenue of world Automated Fingerprint Identification Systems (AFIS) sales market has a rising from 1597.30 m dollars in 2014 to 1808.28 m dollars. The reason causes this increase is the rising demand for the Automated Fingerprint Identification Systems (AFIS) products, which is the result of the spurring needs of downstream customers.

Thirdly, the downstream industries of Automated Fingerprint Identification Systems (AFIS) products are Government, Military, Banking and Finance, Hospitality and Health Care, Transportation and Mobile Payment Transaction. In the recent years, with the rising awareness of security, the enlargement of commercial spending and unsolved high rate of criminal, the consumption increase of Automated Fingerprint Identification Systems (AFIS) will be obvious. There is a huge potential need for the Automated Fingerprint Identification Systems (AFIS). In the foreseeable future, the Automated Fingerprint Identification Systems (AFIS) products will show an optimistic upward trend.

Finally, although sales of Automated Fingerprint Identification Systems (AFIS) products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Automated Fingerprint Identification Systems (AFIS) field hastily.

According to this study, over the next five years the Automated Fingerprint Identification Systems (AFIS) market will register a 9.6% CAGR in terms of revenue, the global market size will reach US$ 420 million by 2024, from US$ 240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automated Fingerprint Identification Systems (AFIS) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Automated Fingerprint Identification Systems (AFIS) market by product type, application, key companies and key regions.

This study considers the Automated Fingerprint Identification Systems (AFIS) value and volume generated from the sales of the following segments:

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This report studies the global Automated Fingerprint Identification Systems (AFIS) market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the Global Automated Fingerprint Identification Systems (AFIS) players in each region, with sales, price, revenue and market share from 2013 to 2019, the top players including
- NEC
- Morpho
- 3M Cogent
- Suprema
- Dermalog
- HID Global
- Fujitsu
- Crossmatch
- M2sys
- Afix Technologies
- Papillon Systems
- East Shore
- PU HIGH-TECH

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Single Modal AFIS
- Multi Modal AFIS

Split by applications, this report focuses on sales, market share and growth rate of Automated Fingerprint Identification Systems (AFIS) in each application, can be divided into
- Criminal
- Civil

Browse full table of contents and data tables at
https://www.marketresearchnest.com/Global-Automated-Fingerprint-Identification-Systems-AFIS-Market-Growth-2019-2024.html

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives:
- To study and analyze the global Automated Fingerprint Identification Systems (AFIS) market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Automated Fingerprint Identification Systems (AFIS) market by identifying its various subsegments.
- Focuses on the key global Automated Fingerprint Identification Systems (AFIS) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Automated Fingerprint Identification Systems (AFIS) with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Automated Fingerprint Identification Systems (AFIS) submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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