PUBLISHER: KBV Research | PRODUCT CODE: 1575672
PUBLISHER: KBV Research | PRODUCT CODE: 1575672
The Europe Automated Fingerprint Identification System (AFIS) Market would witness market growth of 18.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 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 $1,891.6 million by 2031. The UK market is exhibiting a CAGR of 17.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 19.4% during (2024 - 2031).
The proliferation of Internet of Things (IoT) devices equipped with biometric capabilities is driving the integration of AFIS into various applications, such as smart homes and connected vehicles. Integrating AFIS with IoT improves user convenience and security, encouraging consumers and businesses to adopt biometric solutions.
Additionally, the development of industry-specific AFIS solutions makes it easier for healthcare, finance, and retail organizations to implement fingerprint identification tailored to their unique needs. Increasing focus on user experience and intuitive interfaces in AFIS applications makes it easier for organizations to adopt and implement these technologies.
Europe's marine transportation sector is vital to its economic infrastructure and significantly impacts various industries, including the automated fingerprint identification system (AFIS) market. In 2022, according to Eurostat, EU ports handled 3.5 billion tons of freight, with the Netherlands leading Europe's largest maritime freight transport country. Rotterdam, Antwerp, and Hamburg maintained their positions as the top three ports in Europe. Additionally, the average size of vessels calling at main EU ports was 7,300 gross tonnage per vessel.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Automated Fingerprint Identification System (AFIS) Market Report Segmentation
By Search Type
By Component
By End Use
By Country