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Albany, NY -- (SBWIRE) -- 05/01/2017 -- Automated fingerprint identification has gained significant attention across the globe. At present, fingerprint identification systems are used by private enterprises and government for security and identification purposes. A new market report, focusing on the Global Automated Fingerprint Identification Market has been recently broadcasted to the vast online repository of Market Research Reports Search Engine (MRRSE) with a title of "Automated Fingerprint Identification Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023". This report analyzes the market growth by way of study, synthesis and summation of information from various reliable sources.
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The report provides a broad overview of the industry, including definitions, product specifications, applications, classifications and industry chain mechanism. At the same time, it delivers basic and high-level information about every aspect related to the market. The overall market environment analysis is carried out, which include industrial requirements for resources and technologies, recent technological developments, the impact of micro & macro-economic indicators and other influencing factors. It also provides a comprehensive account of major ongoing trends, regional markets, major drivers and restraints faced by the key players in the market.
For a proper understanding of the market, automated fingerprint identification (AFI) market is segmented on the basis of the component, platform, search type, application, and geography. Based on component, AFI market is segmented into sensors, microprocessors/ microcontrollers and others. On the basis of the platform, the global market is segmented into on-premise and cloud based. Based on application, the AFI market is segregated into the following:
-Banking and Finance
Furthermore, on the basis of geographical region, the AFI market can be divided into North America, Asia-Pacific, Europe, South America, and the Middle East and Africa. Among these regions, North America and Europe have undergone large scale adoption of fingerprint identification systems due to technological advancements in security systems and increasing security measures. Moreover, Asia Pacific and the Middle East and Africa are anticipated to see strong growth due to increasing demand for automated identification systems.
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The rapid development of digital electronics and software systems has enabled many companies to introduce modern automated fingerprint identification systems. The key companies operating in this market are Fujitsu Limited, 3M Cogent Inc., Papillon Systems, Suprema Inc., M2SYS Technology, Morpho Detection LLC, NEC Corporation, Cross Match Holdings Inc., Identification International Inc., Sonda Technologies, 4G Identity Solutions Pvt. Ltd., Biometrics4All Inc., HID Global Corporation/ASSA ABLOY AB., AFIX Technologies Inc., and MOSA Technology Solutions Inc.
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