PUBLISHER: KBV Research | PRODUCT CODE: 1575659
PUBLISHER: KBV Research | PRODUCT CODE: 1575659
The North America Automated Fingerprint Identification System (AFIS) Market would witness market growth of 18.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Automated Fingerprint Identification System (AFIS) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,273.1 million by 2031. The Canada market is experiencing a CAGR of 20.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 19.6% during (2024 - 2031).
Research institutions use AFIS for studies on fingerprint patterns, enhancing the understanding of biometric characteristics and improving future identification technologies. Organizations involved in technology innovation utilize AFIS to test new biometric solutions and refine algorithms for improved accuracy and efficiency.
Additionally, organizers of large events employ AFIS to verify attendee identities at entry points, reducing wait times and enhancing security by ensuring that only registered attendees can enter. AFIS can be utilized to restrict access to VIP or restricted areas at events, ensuring that only authorized individuals are allowed entry.
The substantial investment in healthcare aims to improve the quality and accessibility of services across Canada. By integrating AFIS, healthcare providers can streamline various administrative processes, such as patient registration, access to medical records, and management of healthcare resources. AFIS can reduce administrative burdens, minimize errors, and ensure that healthcare services are delivered efficiently. This, in turn, can lead to improved patient outcomes and higher satisfaction rates.
Based on Search Type, the market is segmented into Tenprint Search and Latent Search. Based on Component, the market is segmented into Hardware, Software, and Service. Based on End Use, the market is segmented into Government, Defense & Security, Banking & Finance, Healthcare, Transport & Logistics, Consumer Electronics, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Automated Fingerprint Identification System (AFIS) Market Report Segmentation
By Search Type
By Component
By End Use
By Country