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Private Sector to Spur Growth in Global AFIS Market

AFIS technology market is projected to grow at a CAGR of around 9% during 2010-2012 on the back of increasing usage by private sector, says a new report from RNCOS.

 



(EMAILWIRE.COM, April 05, 2010 ) New Delhi, India - Automated Fingerprint Identification System (AFIS) technology is used in various law enforcement and civil applications. AFIS, an established technology in the law enforcement settings, is one of the most widespread applications of biometrics today and will continue to be so in near future. As many law enforcement organizations are already using AFIS, its primary growth in future will come from private sector employee background check applications. In this regard, our research report “Global Biometric Forecast to 2012” projects that the AFIS technology market will grow at a CAGR of around 9% between 2010 and 2012.

Our team of industry experts has studied the global biometrics market in detail by segmenting it by region, by technology, by application and by verticals. On the technological front, various technologies that have been covered in our research are Fingerprint Recognition, Facial Recognition, Iris Recognition, Hand Geometry, Voice Recognition and AFIS. As per our research, by end-2012, AFIS technology will constitute around 24% of the global biometrics market, closely followed by fingerprint recognition and facial recognition.

On the regional front, the report projects that North America and Europe dominated the biometric market, accounting for 31% of the global biometric market in 2009, followed by the Asia-Pacific region. By 2012, the Middle East and Africa region is also expected to emerge as a growing biometric market, as the Gulf and South African regions are undertaking several initiatives and starting various biometric programs.

“Global Biometric Forecast to 2012” provides an in-depth analysis of the global biometric market by giving an insight to the present and future market trends of the industry. We have also identified certain factors that might restrain the growth of the biometric industry and presented them in the report so as to help clients prepare themselves for challenges ahead. Besides this, the factors, which are expected to drive the growth of the global biometric market in future, have also been discussed in detail.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM140.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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Shushmul Maheshwari
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