AFIS market set for rapid growth to 2016
12 June 2013 09:11 GMT

Strong growth predicted for AFIS, although growth may be dampened by a lack of standardization

New research predicts that the global Automated Fingerprint Identification System market will grow at a CAGR of 19.71 percent over the period 2012-2016.

Analysts from TechNavio forecast that one of the key factors contributing to this market growth is the increased acceptance of e-governance projects.

On the plus side, the report says that the AFIS market has been witnessing the availability of customized automated fingerprint identification system applications. But, the researchers warned that there is a need for greater standardization and compatibility or else these factors could pose a challenge to growth.

The vendors dominating this market space, according to the authors of the report, include Morpho, 3M Cogent and NEC Corp. The other vendors mentioned in the report are AFIX Technologies, East Shore Technologies, Fujistsu, Papillon Systems, Sonda Technologies and Suprema.