PUBLISHER: Allied Market Research | PRODUCT CODE: 1193382
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193382
Automated fingerprint identification systems work on the principle of radio frequency. In the coming years, the tenprint search automated fingerprint identification system industry is expected to generate moderate revenue with investments in development, research, and tests. However, the market is reaching its matured stage, and is expected to generate modest revenue for key players in the coming years.
Tenprint search automated fingerprint identification system are sensors which are used for measuring, monitoring, and recording parameters such as humidity, temperature, heat losses, and more. Automated fingerprint identification system provide temperature and strain measurements. Tenprint search automated fingerprint identification system are widely used in different industries such as smart homes and consumer electronics.
Factors such as increase in government initiatives to promote smart city projects and rise in use of tenprint search automated fingerprint identification system in industrial application to cut down operational expenses are expected to drive growth of the market in the future. However, increase in data security concerns acts as major barrier and hampers the market growth. Furthermore, factors such as growth in adoption of tenprint search automated fingerprint identification system in healthcare sector for the continuous monitoring and surge in demand of battery free sensor in automotive sector to increase efficiency and productivity are expected to offer lucrative opportunities for growth of the market.
The tenprint search automated fingerprint identification systems market is analyzed by component, and application. By component, the market is divided into software, and hardware. By application, it is divided into commercial, governments, banking & finance, healthcare, hospitality and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.
The key players profiled in the report include THALES, IDEMIA, Suprema Inc, HID Global, Aware, Inc., DERMALOG Identification Systems GmbH, BioID Technologies, Futronic Technology Company Limited, Chongqing Huifan Technology Co., Ltd. and BIOENABLE TECHNOLOGIES PVT. LTD. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
Key Benefits For Stakeholders
By Component
By Application
By Region