Global Overview
Automated fingerprint identification systems are used in identifying personnel based on their fingerprints. Utilization of biometric systems for authorized entry into restricted locations and preventing unlawful trespassing are likely to witness its huge adoption by enterprises and government entities. The global AFIS (automated finger identification system) market size can surge to a valuation of USD 33.39 billion by 2026, growing at a 23.8% CAGR during the forecast period (2020-2026). Prominent uses of AFIS applications are electronic voter registration, election management, fraud prevention, e-passports, biometric visas, and digitized documentation.
The AFIS Market is expected to gain traction owing to growing concerns of offline and online payments. The high penetration rate of the internet combined with need for AFIS for rapid and accurate identification of individuals can drive the global market growth. Moreover, government plans for legalizing biometrics for