security technology market Automated fingerprint ID market to grow to $8.49B by 2020 Hadapsar, India The latest market research released by Marketsandmarkets on Automated Fingerprint Identification Systems (AFIS) shows that the market is expected to be worth USD 8.49 Billion by 2020 at an estimated CAGR of 21.0% between 2015 and 2020. The transformation and technology evolution from the manual process to digital process and the growing investments in the government and enterprise sectors to support e-governance applications should help drive the AFIS market during the forecast period. digitalisation drives the market Research analysts found that the major forces driving the automated fingerprint identification system market are the transformation and technology evolution from the manual process to digital process. As the numbers of criminal records keeps on increasing, the need for the digitalisation of the data through the use of AFISs would drive the market for law enforcement applications in the government sector. The need for secure transactions in the banking & finance sector would be another major driver in the AFIS market. Mobile payments – another driver In addition, the increasing preference for the mobile payments will also help to drive the AFIS market to ensure safe transactions instead of using passwords as a safety tool. The use of fingerprint identification is expected to play a key role in changing the security landscape for transactions and would grow at a high rate during the forecast period. High growth within the government sector The government and transportation sectors are expected to hold the significant share of the automated fingerprint identification system market. The AFIS market for the government sector is expected to grow at the highest rate between 2015 and 2020. The use of AFIS in e-governance applications and by the law enforcement agencies would drive the AFIS market for the government sector. The market is also estimated to witness growth in banking & finance and hospitality sectors during the forecast period. AFIS market has offered several opportunities in various sectors, such as the law enforcement agencies like Federal Bureau of Investigation (FBI) (U.S.), using AFISs for criminal investigations. The market leaders The major vendors in the automated fingerprint identification system market identified within the research include 3M Cogent Inc. (U.S.), Morpho SA (France), and NEC Corporation (Japan) among others. The scope of the report, from Marketsandmarkets, covers detailed information regarding the major factors influencing the growth of the automated fingerprint identification system market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the automated fingerprint identification system market. The government and transportation sectors are expected to hold the significant share of the automated fingerprint identification system market. North American market dominates North America is expected to have the largest market share and dominate the automated fingerprint identification system market between 2015 and 2020 due to the presence of several players in the region. The North American Night vision device market to grow to $7.73Bn by 2020 Hadapsar, India Night vision devices are used for various purposes in military, surveillance, security, hunting, navigation, hidden object detection, and paranormal research. As the frequency of sophisticated attacks is gaining importance, the market is expected to gain traction between 2015 and 2020, and is forecast to hit $7.73B by 2020 with a compound annual growth rate of 8.8% during the forecast period. This is according to a new report entitled, ”Night Vision Device Market by Device Type (Camera, Scope, Goggle), Technology, By Application (Military, Surveillance, Security, Hunting, Navigation, Hidden Object Detection, Paranormal Research, and Others) and by Geography – Global Forecast to 2020”, from Marketsandmarkets. Important military sector Night vision device play a key role in the military segment and this area is is expected to have a large market share according to researchers due to the increasing arms conflicts and modernisation programmes worldwide. The surveillance segment is expected to grow at a high CAGR, followed by the military segment, as the devices are used on a large-scale to facilitate tracing of unwanted or suspicious movements of humans or vehicles at night. The Global night camera segment was found to account for a large share in the market in 2015. The night vision goggle sector is expected to grow at the second highest CAGR, owing once again to the increasing demand from the military and defense sector. Asia – a growth market North America is expected to have a large market share from 2015 to 2020, due to the presence of a large number of vendors. APAC (Asia Pacific) offers potential growth opportunities, as there is a need for a constant upgrade in technology as well as an increase in the use of night vision devices for civil and commercial applications. The major vendors in the night vision market according to the report were found to be Flir systems, Exelis Inc., L-3 communications, American technologies network corp., Elbit systems, Rockwell Collins Inc., BAE systems and Thales group S.A. Security News Every Day – www. securityworldhotel.com 18 • d etektor internati onal