New analysis from Frost & Sullivan, World AFIS and Live-Scan Devices Market, reveals that revenue in this market totaled $482.2 million in 2004 and projects to reach $1211.6 million in 2010.
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To accelerate market adoption, participants must work with customers to overcome challenges in terms of misuse of biometric data, integrity of personal data, and addressing privacy concerns of the people.
"Biometric solutions are still a disturbing notion to existing and potential users as many end-users are wary due to the potential of privacy abuse in these large-scale projects that require fingerprint based identification," says Frost & Sullivan Biometrics Program Manager Prianka Chopra.
"However, growing awareness is creating a more conducive environment for the acceptance of fingerprint solutions for secure identification."
This is evident from the burgeoning use of AFIS in large-scale government security programs to control national security, terrorist activity, social welfare, and for border control and immigration. Laws and regulations passed by various countries to improve security measures in their countries directly impact these markets.
Although government agencies are the prime customers for AFIS technology providers, time-consuming bureaucratic procedures, funding issues, and fluctuating political conditions can cause barriers in the implementation of these projects.
"If funding fails or the political party in favor of the project is no longer in power, the project may face difficulties and might even be shelved," says Chopra.
"Logistical challenges in implementing large-scale projects and determining the authenticity of identity documents are amongst other challenges that these projects face."
However, mounting demand in the civilian segment is providing market growth opportunities. To move ahead, participants must focus on technical innovations to enhance product accuracy, expand usage, and reduce prices.
World AFIS and Live-Scan Devices Market, part of the Biometrics Subscription, analyzes the global demand for the civil and criminal AFIS, live-scan devices, and mobile identification devices.
The research service offers a comprehensive overview of the market trends, revenue forecasts, drivers, challenges, and technological innovations to help participants identify and capitalize on the opportunities for growth.
It analyzes the market by application segments (Criminal and Civil), and by geographic regions (North America, Europe Middle East Africa (EMEA), Asia Pacific, and Latin America). Executive summaries and interviews are available to the press.