Global Biometrics as a Service Market 2016-2020

  • ID: 3616223
  • Report
  • Region: Global
  • 40 pages
  • TechNavio
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FEATURED COMPANIES

  • BioID
  • FingerCheck
  • Fujitsu
  • ImageWare
  • IriTech
  • MorphoTrust USA.
  • MORE
About Biometrics as a Service

In 1999, biometrics was introduced as an application to render authentication after identifying and verifying biological and physiological traits such as voice, palm geometry, DNA, gait, fingerprints, facial features, iris, signature, and vein geometry. This technology is reliable, as it cannot be lost or forgotten by an individual.

Verification is a one-to-one matching process that verifies the biometrics traits of an individual against a set template in the database. Identification is a one-to-many matching process wherein the biometrics traits of an individual are matched against all templates in the database to determine an individual's identity.

The analysts forecast the global biometrics as a service market to grow at a CAGR of 17.11% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global biometrics as a service market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of biometrics as a service, which includes cloud-based biometrics solutions and third-party managed solutions.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Biometrics as a Service Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BioID
- Fujitsu
- ImageWare
- IriTech

Other prominent vendors
- FingerCheck
- Secur-eye
- MorphoTrust USA

Market drivers
- Need for data security
- For a full, detailed list, view the full report

Market challenges
- Privacy concerns
- For a full, detailed list, view the full report

Market trends
- Emergence of cloud-based mobile biometrics
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
READ MORE
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BioID
  • FingerCheck
  • Fujitsu
  • ImageWare
  • IriTech
  • MorphoTrust USA.
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report

PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market description
  • Biometrics as a service workflow
  • Advantages and disadvantages of biometrics
  • Applications of biometrics as a service
PART 06: Market landscape
  • Market overview
  • Market size and forecast
PART 07: Key developments
  • Need for cloud-based biometrics for time and attendance tracking
  • E-voting in government sector
  • Emergence of IoT leading to increased deployment of biometrics as a service
  • Near field communication (NFC)-based payments: An emerging technology
PART 08: Lifecycle analysis

PART 09: Market segmentation by end user
  • Segmentation of global biometrics as a service market by end-user
PART 10: Geographical segmentation
  • Global biometrics as a service market by region
PART 11: Buying criteria

PART 12: Market challenges
  • Security and storage issues surrounding biometrics
  • Privacy concerns
  • Vulnerability of biometrics systems
  • Limited availability of cloud-based biometric solutions
PART 13: Market trends
  • Emergence of mobile cloud-based biometrics
  • High adoption of multimodal biometrics
  • Emergence of single sign-on (SSO)
  • High adoption in transportation sector
PART 14: Five forces analysis

PART 15: Key vendor analysis
  • Products offered
  • Vendor matrix
PART 16: Vendor landscape
  • Competitive rating
  • Partnerships
  • Other prominent vendors
  • MorphoTrust USA
PART 17: Appendix
  • List of abbreviations
PART 18: About the Author

List of Exhibits

Exhibit 01: Biometrics as a service workflow
Exhibit 02: Market overview
Exhibit 03: Global biometrics as a service market 2015-2020 ($ millions)
Exhibit 04: Life cycle analysis
Exhibit 05: Segmentation of global biometrics as a service market by end-user 2015
Exhibit 06: Segmentation of global biometrics as a service market by region 2015-2020
Exhibit 07: Segmentation of global biometrics as a service market by region 2015-2020 ($ millions)
Exhibit 08: Buying criteria for cloud-based biometrics authentication solutions
Exhibit 09: Five forces analysis
Exhibit 10: Competitive rating
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BioID
  • FingerCheck
  • Fujitsu
  • ImageWare
  • IriTech
  • MorphoTrust USA.
  • MORE
New Report Released: - Global Biometrics as a Service Market 2016-2020

The author of the report recognizes the following companies as the key players in the Global Biometrics as a Service Market: BioID, Fujitsu, ImageWare and IriTech.

Other Prominent Vendors in the market are: FingerCheck, Secur-eye, and MorphoTrust USA.

Commenting on the report, an analyst from the research team said: “The increased implementation of the BYOD policy among enterprises has highlighted the need for cloud-based mobile biometrics. Data security is also gaining prominence with the growing need to access data from mobile devices such as smartphones. Therefore, cloud-based mobile biometrics will be adopted by enterprises and biometrics data in the cloud will be managed by third-party service providers.”

According to the report, data security is a key concern for enterprises, government organizations, and individuals. Personal identification numbers (PINs), identity badges, and numeric keypads are the most popular devices used to prevent unauthorized access to sensitive data and assets. The introduction of two-factor authentication allowed access to authorized individuals based on hardware devices and numeric codes. Biometrics solutions were introduced in order to implement advanced security.

Further, the report states that privacy concerns regarding biometrics are gaining prominence with the adoption of various technologies such as fingerprint and palm vein recognition in organizations. Since an individual’s biometric features are used to gain access to confidential data and secure premises, these features can be misused by a third party without the consent of the individual.

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.
Note: Product cover images may vary from those shown
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- BioID
- Fujitsu
- ImageWare
- IriTech
- FingerCheck
- Secur-eye
- MorphoTrust USA.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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