Global Automated Fingerprint Identification System Market 2010-2014

Countries covered: Global TechNavio's analysts forecast the Global Automated Fingerprint Identification System (AFIS) market to grow at a CAGR of 15 percent over the period 2010-2014. One of the key factors contributing to this market growth is the increase in implementation of e-Governance projects. The Global AFIS market has also been witnessing the increase in availability of tailor-made AFIS applications as per the customers' requirements. However, the need for higher standards and the ability to intercommunicate could pose a challenge to the growth of this market. TechNavio's report, the Global AFIS Market 2010-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it focuses on the Global AFIS market. The report also includes a discussion of the vendors operating in this market. Key vendors dominating this market space include Sagem Securite, 3M Cogent, NEC Corp, and Motorola. Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

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TechNavio Announces the Publication of its Report - Global Automated Fingerprint Identification System Market 2010-2014

TechNavio today published its report Global Automated Fingerprint Identification System Market 2010-2014 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aids decision makers’ understanding of the roadmap of this market.

Commenting on the report, an analyst from TechNavio’s IT Security team said, “With increasing price pressure and increasing competition, many new vendors are expected to enter the market; these new vendors are local niche vendors already present in other verticals. Currently, the market is witnessing strong adoption of AFIS applications in developing regions further driving the market. Hence, one of the major trends for the future will be expected entrance of new vendors in the market.”

According to the report, the identification of individuals for security reasons is a high concern for governments and hence the increasing demand for issuing assured certificates such as e-passports, national ID cards, driving licenses, and voter registration is driving the civil AFIS demand. As a result of its high reliability, speed, and accuracy, it can prevent or identify duplicate applications and fraudulent documents by efficiently verifying available database. Currently, strong growth is anticipated in larger projects from different geographies such as the APAC region, Latin America, and Eastern Europe.

The report also discusses the compatibility issues that are limiting the growth of the Global AFIS market.

The study was carried out using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

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