The Global Biometric-as-a-Service Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Biometric-as-a-Service market and its key elements. Replacement of PIN-based authentication system with BaaS can streamline customer services and curb fraudulent conduct without any need for expensive time-consuming resource-intensive software processing. The report sheds light on the minute details of the Biometric-as-a-Service industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2027. The report assesses the historical data and current scenario to offer accurate estimations of the Biometric-as-a-Service market in the coming years.
The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. Biometric-as-a service market revenue is expected to increase rapidly as biometrics offer better security than traditional forms of entry codes such as passwords, PIN, and locks, among others. This technology also leverages imaging, computing, statistical, and mathematical applications to map a detailed identity of any individual for high-risk security clearances.
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North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the Biometric-as-a-Service market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
- Fujitsu,
- Thales,
- Lexis Nexis,
- Idemia,
- Microsoft,
- Google,
- Accenture,
- Fingerprints,
- Amazon, and
- Bayometric
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Large enterprises segment accounted for a larger revenue share in 2020 owing to rapid deployment of biometric-as-a-service technology as a result of benefits this technology provides. Various BFSI, manufacturing, IT, and healthcare giants have started to deploy BaaS in their respective security infrastructure as necessity for such need arises.
Emergen Research has segmented the global biometric-as-a-service market on the basis of offering, type, organization size, vertical, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028)
- Solutions
- Services
Type Outlook (Revenue, USD Billion; 2018–2028)
- Face Recognition
- Fingerprint Recognition
- Voice Recognition
- Iris Recognition
- Palm and Vein Recognition
- Others (DNA, Signature, Keystroke)
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Small and Medium Enterprises
- Large Enterprises
Vertical Outlook (Revenue, USD Billion; 2018–2028)
- BFSI
- Education
- Government (Public Administration)
- IT and ITES
- Healthcare
- Manufacturing
- Others
- Entertainment
- Transportation
- Energy and Utilities
- Retail
- Telecommunication
- Other Professional Services
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Biometric-as-a-Service market?
What are the key product types and applications of the Biometric-as-a-Service industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Biometric-as-a-Service market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Biometric-as-a-Service Market by 2027?
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