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The biometrics-as-a-service market is forecasted to grow by USD 3.49 billion during 2023-2028, accelerating at a CAGR of 19.46% during the forecast period. The report on the biometrics-as-a-service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for surveillance and security, rise in deployments of biometrics in various end-user industries, and increasing government initiatives for implementing biometrics.
The biometrics-as-a-service market is segmented as below:
By Application
- Site access control
- Time recording
- Mobile application
- Web and workplace
By Modality
- Unimodal
- Multimodal
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the biometrics-as-a-service market covers the following areas:
- Biometrics-as-a-service market sizing
- Biometrics-as-a-service market forecast
- Biometrics-as-a-service market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Modality
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global biometrics-as-a-service market: Accenture Plc, Affectiva Inc., Aware Inc., Bayometric, BioID AG, Cognitec Systems GmbH, Fujitsu Ltd., HYPR Corp., IDEMIA France SAS, Imageware Systems Inc., International Business Machines Corp., Iritech Inc., Leidos Holdings Inc., M2SYS, Milestone systems AS, NEC Corp., Nuance Communications Inc., Phonexia Sro, RELX Plc, and Thales Group.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in popularity of face and voice recognition biometrics in bfsi sector."
According to the report, one of the major drivers for this market is the increasing need for surveillance and security.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Affectiva Inc.
- Aware Inc.
- Bayometric
- BioID AG
- Cognitec Systems GmbH
- Fujitsu Ltd.
- HYPR Corp.
- IDEMIA France SAS
- Imageware Systems Inc.
- International Business Machines Corp.
- Iritech Inc.
- Leidos Holdings Inc.
- M2SYS
- Milestone systems AS
- NEC Corp.
- Nuance Communications Inc.
- Phonexia Sro
- RELX Plc
- Thales Group
