Automated Fingerprint Identification System (AFIS) Market Share, Growth and Demand Forecast 2025
The global automated fingerprint identification system (AFIS) market is expected to witness lucrative growth over the forecast period due to the growing investments in the banking & finance sectors and government to support e-governance and secure transactions. With the rising criminal records, the need for the digitalization of the data using AFIS would drive the market for law enforcement applications in the government sector. In addition, the technology evolution and transformation from the manual process to digital process also fuel the AFIS market.The increase in the frequency of internal and external security threats, rising need for identification and increasing demand for integrated automated fingerprint identification system solutions also contribute towards the growth of AFIS industry. 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.
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