The Latin America, Middle East and Africa Automated Fingerprint Identification System (AFIS) Market is expected to witness market growth of 21.5% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Automated Fingerprint Identification System (AFIS) Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $586.6 million by 2031. The Argentina market is showcasing a CAGR of 22.3% during 2024-2031. Additionally, the UAE market would register a CAGR of 20.5% during 2024-2031.
The automated fingerprint identification system (AFIS) market is consolidating as companies seek to expand their capabilities and market reach through strategic mergers and acquisitions. Technology providers are forming partnerships with government agencies and other stakeholders to create collaborative ecosystems for biometric solutions, enhancing market growth and innovation.
Moreover, public awareness campaigns about the benefits and security of biometric systems are increasing acceptance and driving demand for AFIS technologies across various sectors. The focus on user-friendly interfaces and experience design makes AFIS more accessible and acceptable to end-users.
The UAE's Smart Cities & Artificial Intelligence Plan (2018-2022) focuses on managing infrastructure using Information & Internet of Things (IoT) technology. This plan emphasizes the integration of advanced technologies to improve urban living standards, enhance public services, and create sustainable cities. As cities become smarter, there is an increasing need for secure and efficient identity verification systems to manage the vast amount of data generated and ensure the safety of urban environments. AFIS is crucial in this context, providing reliable biometric identification solutions for various smart city applications, such as access control, law enforcement, and public safety.
The Brazil market dominated the LAMEA Automated Fingerprint Identification System (AFIS) Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $586.6 million by 2031. The Argentina market is showcasing a CAGR of 22.3% during 2024-2031. Additionally, the UAE market would register a CAGR of 20.5% during 2024-2031.
The automated fingerprint identification system (AFIS) market is consolidating as companies seek to expand their capabilities and market reach through strategic mergers and acquisitions. Technology providers are forming partnerships with government agencies and other stakeholders to create collaborative ecosystems for biometric solutions, enhancing market growth and innovation.
Moreover, public awareness campaigns about the benefits and security of biometric systems are increasing acceptance and driving demand for AFIS technologies across various sectors. The focus on user-friendly interfaces and experience design makes AFIS more accessible and acceptable to end-users.
The UAE's Smart Cities & Artificial Intelligence Plan (2018-2022) focuses on managing infrastructure using Information & Internet of Things (IoT) technology. This plan emphasizes the integration of advanced technologies to improve urban living standards, enhance public services, and create sustainable cities. As cities become smarter, there is an increasing need for secure and efficient identity verification systems to manage the vast amount of data generated and ensure the safety of urban environments. AFIS is crucial in this context, providing reliable biometric identification solutions for various smart city applications, such as access control, law enforcement, and public safety.
List of Key Companies Profiled
- CardLogix Corporation
- Dermalog Identification Systems Gmbh
- M2SYS Technology, Inc.
- Fujitsu Limited
- HID Global Corporation (Assa Abloy AB)
- BIO-key International, Inc.
- NEC Corporation
- Thales Group S.A.
- Synaptics Incorporated
- Aware, Inc.
Market Report Segmentation
By Search Type- Tenprint Search
- Latent Search
- Hardware
- Software
- Service
- Government
- Defense & Security
- Banking & Finance
- Healthcare
- Transport & Logistics
- Consumer Electronics
- Other End Use
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Automated Fingerprint Identification System (AFIS) Market by Search Type
Chapter 6. LAMEA Automated Fingerprint Identification System (AFIS) Market by Component
Chapter 7. LAMEA Automated Fingerprint Identification System (AFIS) Market by End Use
Chapter 8. LAMEA Automated Fingerprint Identification System (AFIS) Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the key companies profiled in this LAMEA Automated Fingerprint Identification System (AFIS) Market include:- CardLogix Corporation
- Dermalog Identification Systems Gmbh
- M2SYS Technology, Inc.
- Fujitsu Limited
- HID Global Corporation (Assa Abloy AB)
- BIO-key International, Inc.
- NEC Corporation
- Thales Group S.A.
- Synaptics Incorporated
- Aware, Inc.
Methodology
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