As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global biometric-as-a-service market is being driven by the rising penetration and adoption of the service in North America. North America is one of the most significant markets for biometric-as-a-service due to the presence of major players in the industry and the rising technological advancements. In the coming years, the market is expected to witness a robust growth in the Asia Pacific region. The Asia Pacific biometric-as-a-service market is expected to be driven by the rising investments by several governments in biometric projects, such as in national ID cards and e-passports, and the development of smart cities and connected devices.
The global market is being aided by the rising product diversification by the key players in the industry who are continuously seeking to expand their portfolio. In February 2017, Nuance (NASDAQ: NUAN) partnered with BioCatch, a global leader in behavioural biometrics, and, thus, expanded its offerings to make fraud prevention even more accurate. Further, in June 2020, Nuance signed a partnership with Mila, an academic research institution with an intensive focus on deep learning related to language and image processing. This partnership has enabled them to collaborate on research, advance cutting-edge work in machine learning, and meaningfully enhance AI applications. Such developments and investments by the major players in the market are projected to influence the market growth positively in the coming years.
Market Analysis by Scanner Type, Application, End Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global biometric-as-a-service market are NEC, Aware, Fujitsu, Nuance, Leidos, Idemia, M2SYS, Smilepass, Certibio, HYPR Corp, and BioID, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.