Noida, UP -- (SBWire) -- 12/13/2010 -- Automated Fingerprint Identification System (AFIS) technology is used in various law enforcement and civil applications and hence, it has emerged as one of the most widespread applications of biometrics today, and will continue to be so in near future as well. The increasing need to screen applicants for criminal records before hiring them is driving the growth of the market. Consequently, by the end of 2010, the Automated Fingerprint Identification System (AFIS)/live scan market is estimated to account for the largest chunk of the global biometric market with 35% share, says our new research report “Global Biometric Forecast to 2012”.
Our in depth analysis of the market has identified main factors responsible for the growth of the market and have been thoroughly discussed in the report. Increasing use in the civil identification and criminal identification system are the main reasons responsible for the growth of this industry. Besides, the applications of AFIS in both primary and public sector for civil identification have been stated in the report. Our report also presents future growth potential of the AFIS market. According to our report, the AFIS market is expected to grow at a CAGR of nearly 20% during the forecast period.
Our team of experts has clearly segmented the global biometric market on the basis of technologies and applications. In addition, detail descriptions of the vertical markets of biometrics and country level initiatives have been provided in the report.
“Global Biometric Forecast to 2012” provides thorough research and rational analysis along with reliable statistics of the global biometrics industry. The report also provides extensive information on the traditional markets as well as on the emerging technologies. Besides, an insight of trends prevailing in the regional biometrics market segments across the globe has been covered in the report. Analysis and statistics regarding market size, growth, share, segmentation, and geographic distribution have been thoroughly studied in the report to present a comprehensive view of the global biometrics market. The report has thoroughly examined current market trends; industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years.
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AFIS to Dominate the Biometric Technologies
Of the global biometric industry, AFIS is estimated to dominate the biometric technologies by the end of 2010, says a research report from RNCOS.