The global automated fingerprint identification system market is projected to grow at a CAGR of 11% during 2013-2024. The growth of automated fingerprint identification system market is driven by transformation and technology evolution from manual process to digital process, increasing need for secure transaction, and increasing adoption of mobile payment solutions.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the automated fingerprint
identification system market by search type (tenprint to tenprint searches and
latent to latent searches), component (hardware, fingerprint input modules,
microprocessors/microcontrollers, displays and software), end use industry
(government, healthcare, transportation, hospitality, banking and finance, and
others), and region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the automated fingerprint identification system market?
Q.4 What are some
changing demands of customers in the automated fingerprint identification
system market?
Q.5 What are the new
developments in the automated fingerprint identification system market? Which
companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this automated fingerprint identification
system area and how big of a threat do they pose for loss of market share via
product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this automated fingerprint
identification system market?
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Market Segmentation:
Based on search type,
the glass fiber market is segmented into tenprint to tenprint searches and
latent to latent searches. Lucintel forecasts that the tenprint to tenprint
searches market is expected to remain the largest segment.
North America is
expected to be the largest region over the forecast period due to increasing
government spending on safety and security.
Key Players in the automated
fingerprint identification system market are 3M Cogent, Morpho, NEC
Corporation, Crossmatch Technologies, M2SYS Technology, AFIX Technologies,
Papillon Systems.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/automated-fingerprint-identifiaction-system-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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