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- Global Biometrics as a Service Market – Size, Outlook, Trends and Forecast (2020 – 2026)
Biometrics as a service is a service type by which person can be uniquely identified through one or more biometric trails. It performs biometric matching operations and quickly delivers the identity assurance. Global biometrics as a service market size was valued at $0.88 billion in 2017 and is estimated to reach $6.75 billion by 2025 with the CAGR of 28.93% during 2019-2025. The growth of biometrics as a service market is occurring based on following drivers includes increasing penetration of mobile devices, growing government initiatives, rising security threats, attacks, accelerating cost-efficient solutions to access biometrics capabilities and increase in demand for finding identification & verification applications. Whereas, the market is affecting from restraints such as security of biometric data stored on the cloud, lack of authentication system associated with multi-party, integration of biometrics system into existing systems and dependency of the network to access biometrics over the cloud. However, rising demand for e-commerce and increasing penetration of cloud-based services among enterprises are expected to boost the market over the forecast period.
Research Study Objectives:
- Define, estimate, and forecast the biometrics as a service market statistics modality type, deployment type, organisation size, application, end users and regions concerning the individual growth drivers, market trends and their contribution toward the biometrics as a service market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the biometrics as a service market analysis report.
- Analysis and conclusions on the future biometrics as a service market outlook.
Top-down and bottom-up approaches are used to validate the Biometrics as a Service Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The biometrics as a service market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the biometrics as a service market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The biometrics as a service market segmentation is as follows:
By Modality Type
- Unimodal
- Fingerprint Scanning
- Facial Recognition
- IRIS Recognition
- Voice Recognition
- Palm and Vein Recognition
- Others
- Multimodal
By Organisation Size
- Small and Medium Enterprises
- Large Enterprises
By Deployment Mode
- Public Cloud
- Hybrid Cloud
- Private Cloud
By Application
- Mobile Banking, Payments, and Authentication
- Identity Proofing and Credentialing
- Law Enforcement and Border Control
- Civil Identity and Elections
- Workforce Management
- Others
By End Users
- Retail
- Banking, Financial Services, and Insurance
- Education
- Government and Defense
- Healthcare
- Travel and Hospitality
- Media and Entertainment
- Others
Geographical Analysis:
Biometrics as a service market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customisation Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the biometric as a service market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Biometrics as a Service Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinising the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant biometric as a service market, such as
- NEC Corporation
- Fujitsu Limited
- Aware, Inc.
- Accenture Plc
- M2SYS Technology
Along with these companies, many other companies are considered in the report while analysing the global biometrics as a service market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
CHAPTER 1 INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2 RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3 MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4 MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Increasing usage of mobile devices
4.1.2. Growing government initiatives
4.1.3. Rising security threats
4.1.4. Accelerating demand for cost-effectiveness solutions to access biometrics capabilities
4.1.5. Increase in demand for finding identification & verification applications
4.2. Market Restraints & Challenges
4.2.1. Security of biometric data stored on the cloud
4.2.2. Lack of authentication system associated with multi-party
4.2.3. Integration of biometrics system into existing systems
4.2.4. The dependency of the network to access biometrics over the cloud
4.3. Market Opportunities
4.3.1. Rising demand for Ecommerce
4.3.2. Increasing penetration of cloud-based services among enterprises
CHAPTER 5 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY MODALITY
TYPE
5.1. Unimodal
5.1.1. Fingerprint Scanning
5.1.2. Facial Recognition
5.1.3. IRIS Recognition
5.1.4. Voice Recognition
5.1.5. Palm and Vein Recognition
5.1.6. Others
5.2. Multimodal
CHAPTER 6 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY
DEPLOYMENT MODE
6.1. Public Cloud
6.2. Hybrid Cloud
6.3. Private Cloud
CHAPTER 7 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY
ORGANISATION SIZE
7.1. Small and Medium Enterprises
7.2. Large Enterprises
CHAPTER 8 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY
APPLICATION
8.1. Mobile Banking, Payments, and Authentication
8.2. Identity Proofing and Credentialing
8.3. Law Enforcement and Border Control
8.4. Civil Identity and Elections
8.5. Workforce Management
8.6. Others
CHAPTER 9 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY END USERS
9.1. Retail
9.2. Banking, Financial Services, and Insurance (BFSI)
9.3. Education
9.4. Government and Defense
9.5. Healthcare
9.6. Travel and Hospitality
9.7. Media and Entertainment
9.8. Telecommunication and IT
9.9. Others
CHAPTER 10 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY GEOGRAPHY
10.1. Introduction
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.2.4. Costa Rica
10.3. South America
10.3.1. Brazil
10.3.2. Argentina
10.3.3. Chile
10.3.4. Columbia
10.3.5. Others
10.4. Europe
10.4.1. U.K.
10.4.2. Germany
10.4.3. France
10.4.4. Italy
10.4.5. Spain
10.4.6. Russia
10.4.7. Netherlands
10.4.8. Switzerland
10.4.9. Poland
10.4.10. Others
10.5. APAC
10.5.1. China
10.5.2. Japan
10.5.3. India
10.5.4. South Korea
10.5.5. Australia & New Zealand
10.5.6. Malaysia
10.5.7. Singapore
10.5.8. Others
10.6. Middle East & Africa
10.6.1. UAE
10.6.2. Saudi Arabia
10.6.3. Iran
10.6.4. Iraq
10.6.5. Qatar
10.6.6. South Africa
10.6.7. Algeria
10.6.8. Morocco
10.6.9. Nigeria
10.6.10. Egypt
10.6.11. Others
CHAPTER 11 GLOBAL BIOMETRICS AS A SERVICE MARKET – COMPANY
PROFILES
11.1. Fujitsu Limited
11.2. Morpho S.A.S.
11.3. Aware, Inc.
11.4. Leidos Holdings, Inc.
11.5. M2SYS Technology
11.6. IriTech, Inc.
11.7. Smilepass
11.8. Certibio
11.9. HYPR Corp
11.10. BioID
11.11. Accenture PLC
11.12. Fulcrum Biometrics, LLC
11.13. NEC Corporation
11.14. BioEnable Technologies Pvt. Ltd.
CHAPTER 12 GLOBAL BIOMETRICS AS A SERVICE MARKET – COMPETITIVE
LANDSCAPE
12.1. Market Share Analysis
12.2. Strategies adopted by top companies
12.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 13 MARKET INSIGHTS
13.1. Industry Experts Insights
13.2. Analysts Opinions
13.3. Investment Opportunities
CHAPTER 14 APPENDIX
14.1. List of Tables
14.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Additional information
Report Type | Extensive Report, Miniature report, Snapshot Report |
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Licence | Single User License, Team License, Corporate License |
Biometrics as a service is a service type by which person can be uniquely identified through one or more biometric trails. It performs biometric matching operations and quickly delivers the identity assurance. Global biometrics as a service market size was valued at $0.88 billion in 2017 and is estimated to reach $6.75 billion by 2025 with the CAGR of 28.93% during 2019-2025. The growth of biometrics as a service market is occurring based on following drivers includes increasing penetration of mobile devices, growing government initiatives, rising security threats, attacks, accelerating cost-efficient solutions to access biometrics capabilities and increase in demand for finding identification & verification applications. Whereas, the market is affecting from restraints such as security of biometric data stored on the cloud, lack of authentication system associated with multi-party, integration of biometrics system into existing systems and dependency of the network to access biometrics over the cloud. However, rising demand for e-commerce and increasing penetration of cloud-based services among enterprises are expected to boost the market over the forecast period.
Research Study Objectives:
- Define, estimate, and forecast the biometrics as a service market statistics modality type, deployment type, organisation size, application, end users and regions concerning the individual growth drivers, market trends and their contribution toward the biometrics as a service market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the biometrics as a service market analysis report.
- Analysis and conclusions on the future biometrics as a service market outlook.
Top-down and bottom-up approaches are used to validate the Biometrics as a Service Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The biometrics as a service market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the biometrics as a service market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The biometrics as a service market segmentation is as follows:
By Modality Type
- Unimodal
- Fingerprint Scanning
- Facial Recognition
- IRIS Recognition
- Voice Recognition
- Palm and Vein Recognition
- Others
- Multimodal
By Organisation Size
- Small and Medium Enterprises
- Large Enterprises
By Deployment Mode
- Public Cloud
- Hybrid Cloud
- Private Cloud
By Application
- Mobile Banking, Payments, and Authentication
- Identity Proofing and Credentialing
- Law Enforcement and Border Control
- Civil Identity and Elections
- Workforce Management
- Others
By End Users
- Retail
- Banking, Financial Services, and Insurance
- Education
- Government and Defense
- Healthcare
- Travel and Hospitality
- Media and Entertainment
- Others
Geographical Analysis:
Biometrics as a service market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customisation Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the biometric as a service market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Biometrics as a Service Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinising the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant biometric as a service market, such as
- NEC Corporation
- Fujitsu Limited
- Aware, Inc.
- Accenture Plc
- M2SYS Technology
Along with these companies, many other companies are considered in the report while analysing the global biometrics as a service market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
CHAPTER 1 INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2 RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3 MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4 MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Increasing usage of mobile devices
4.1.2. Growing government initiatives
4.1.3. Rising security threats
4.1.4. Accelerating demand for cost-effectiveness solutions to access biometrics capabilities
4.1.5. Increase in demand for finding identification & verification applications
4.2. Market Restraints & Challenges
4.2.1. Security of biometric data stored on the cloud
4.2.2. Lack of authentication system associated with multi-party
4.2.3. Integration of biometrics system into existing systems
4.2.4. The dependency of the network to access biometrics over the cloud
4.3. Market Opportunities
4.3.1. Rising demand for Ecommerce
4.3.2. Increasing penetration of cloud-based services among enterprises
CHAPTER 5 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY MODALITY
TYPE
5.1. Unimodal
5.1.1. Fingerprint Scanning
5.1.2. Facial Recognition
5.1.3. IRIS Recognition
5.1.4. Voice Recognition
5.1.5. Palm and Vein Recognition
5.1.6. Others
5.2. Multimodal
CHAPTER 6 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY
DEPLOYMENT MODE
6.1. Public Cloud
6.2. Hybrid Cloud
6.3. Private Cloud
CHAPTER 7 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY
ORGANISATION SIZE
7.1. Small and Medium Enterprises
7.2. Large Enterprises
CHAPTER 8 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY
APPLICATION
8.1. Mobile Banking, Payments, and Authentication
8.2. Identity Proofing and Credentialing
8.3. Law Enforcement and Border Control
8.4. Civil Identity and Elections
8.5. Workforce Management
8.6. Others
CHAPTER 9 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY END USERS
9.1. Retail
9.2. Banking, Financial Services, and Insurance (BFSI)
9.3. Education
9.4. Government and Defense
9.5. Healthcare
9.6. Travel and Hospitality
9.7. Media and Entertainment
9.8. Telecommunication and IT
9.9. Others
CHAPTER 10 GLOBAL BIOMETRICS AS A SERVICE MARKET – BY GEOGRAPHY
10.1. Introduction
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.2.4. Costa Rica
10.3. South America
10.3.1. Brazil
10.3.2. Argentina
10.3.3. Chile
10.3.4. Columbia
10.3.5. Others
10.4. Europe
10.4.1. U.K.
10.4.2. Germany
10.4.3. France
10.4.4. Italy
10.4.5. Spain
10.4.6. Russia
10.4.7. Netherlands
10.4.8. Switzerland
10.4.9. Poland
10.4.10. Others
10.5. APAC
10.5.1. China
10.5.2. Japan
10.5.3. India
10.5.4. South Korea
10.5.5. Australia & New Zealand
10.5.6. Malaysia
10.5.7. Singapore
10.5.8. Others
10.6. Middle East & Africa
10.6.1. UAE
10.6.2. Saudi Arabia
10.6.3. Iran
10.6.4. Iraq
10.6.5. Qatar
10.6.6. South Africa
10.6.7. Algeria
10.6.8. Morocco
10.6.9. Nigeria
10.6.10. Egypt
10.6.11. Others
CHAPTER 11 GLOBAL BIOMETRICS AS A SERVICE MARKET – COMPANY
PROFILES
11.1. Fujitsu Limited
11.2. Morpho S.A.S.
11.3. Aware, Inc.
11.4. Leidos Holdings, Inc.
11.5. M2SYS Technology
11.6. IriTech, Inc.
11.7. Smilepass
11.8. Certibio
11.9. HYPR Corp
11.10. BioID
11.11. Accenture PLC
11.12. Fulcrum Biometrics, LLC
11.13. NEC Corporation
11.14. BioEnable Technologies Pvt. Ltd.
CHAPTER 12 GLOBAL BIOMETRICS AS A SERVICE MARKET – COMPETITIVE
LANDSCAPE
12.1. Market Share Analysis
12.2. Strategies adopted by top companies
12.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 13 MARKET INSIGHTS
13.1. Industry Experts Insights
13.2. Analysts Opinions
13.3. Investment Opportunities
CHAPTER 14 APPENDIX
14.1. List of Tables
14.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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