Industry and News Automated Fingerprint Identification System Market | Page 2

The integration of AFIS technology in mobile devices improves the computer power for fast and
precise detection of fingerprints using different algorithms. Furthermore, the increasing adoption of
mobile payment solutions shows a positive impact on the AFIS market. The mobile payment
solutions ensure safe transactions instead of using password as a safety tool.
Automated fingerprint identification is considered as a sophisticated method which has been in
practice for several years. It is an electronic matching of one or more unknown fingerprints against
the database of existing fingerprints. The matching is done on the pattern-based algorithm such as
whorls, arches, and loops of the fingerprints. The AFIS market is segmented on the basis of the
component into hardware and software. Hardware is further classified into
microprocessors/microcontrollers, matchers, displays and fingerprint input modules. The
segmentation is also done on the basis of search type into ten print searches and latent searches.
Ten print searches are expected to dominate the segment owing to its wide use in the sectors such
as healthcare, transportation, and hospitality.
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On the basis of the application area, the AFIS market is categorized into government sector,
transportation, healthcare, hospitality, and banking and finance sector. Among these application
areas, the government and transportation sector is estimated to hold the significant share of the
AFIS market. The use of automated fingerprint identification system by law enforcement agencies
such as the Federal Bureau of Investigation (FBI) and in e-governance applications support the
growth of the market in the government sector. Geographically, North America, Latin America, the
Middle East and Africa, Europe and Asia Pacific are identified as the major regions in the market.
North America is estimated to dominate the industry due to the presence of a large number of
vendors in this region. Also, early implementation and development of the AFIS technology have
helped North America to hold the largest market share.
Asia Pacific is expected to witness the fastest growth over the forecast period. The rising
government initiatives for secure transactions, increasing per capita income and growing population