According to a market report by Lucintel, the future of the automated fingerprint identification system market looks promising with opportunities in the government, healthcare, transportation, hospitality, and banking and finance industries. The automated fingerprint identification system market is expected to grow with a CAGR of 21% from 2019 to 2024. The major drivers for this market are transformation and technology evolution from manual process to digital process, increasing need for secure transaction, and increasing adoption of mobile payment solutions.
In this market, ten print to ten print searches and latent to latent searches are the major search types. Ten print to ten print searches is the largest segment. Within the automated fingerprint identification system market, government, healthcare, transportation, hospitality, and banking and finance are the major end use industries. Software and hardware like fingerprint, input modules, microprocessors/microcontrollers, and displays are the major component types of the automated fingerprint identification system market. North America will remain the largest region over the forecast period due to increasing government spending on safety and security.
3M Cogent, Morpho, NEC Corporation, Crossmatch Technologies, M2SYS Technology, AFIX Technologies, Papillon Systems and others are among the major manufacturers of automated fingerprint identification system.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automated fingerprint identification system market by component, end use industry, search type, and region. Lucintel has prepared a comprehensive research report entitled "Automated Fingerprint Identification System Market 2019-2024: Trends, Forecast, and Opportunity Analysis." This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automated fingerprint identification system market by component, end use industry, search type, and region as follows:

By Component [$M shipment analysis for 2013 – 2024]:
• Hardware
• Fingerprint Input Modules
• Microprocessors/Microcontrollers
• Displays
• Others
• Software
By Search Type [$M shipment analysis for 2013 – 2024]:
• Tenprint to Tenprint Searches
• Latent to Latent Searches
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Government
• Healthcare
• Transportation
• Hospitality
• Banking & Finance
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– UK
– Germany
– Italy

• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected].
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.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the automated fingerprint identification system market by component (hardware, fingerprint input modules, microprocessors/microcontrollers, displays and others; and software), search type (tenprint to tenprint searches, latent to latent searches), end use industry (government, healthcare, transportation, hospitality, banking and finance, others), and region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the automated fingerprint identification system market?
Q.5 What are the business risks and threats to the automated fingerprint identification system market?
Q.6 What are emerging trends in this automated fingerprint identification system market and the reasons behind them?
Q.7 What are of the changing demands of customers in the automated fingerprint identification system market?
Q.8 What are the new developments in the automated fingerprint identification system market? Which companies are leading these developments?
Q.9 Who are the major players in this automated fingerprint identification system market? What strategic initiatives are being implemented by key players for business growth?
Q.10 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 material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this automated fingerprint identification system market?