Reports

Global Biometric-as-a-Service Market is Expected to Grow at a CAGR of 20% in the Forecast Period of 2022-2027.

Biometric-as-a-Service Market

Global Biometric-as-a-Service Market Size, Share, Forecast: By Scanner Type: Fingerprint Recognition, Iris Recognition, Palm Recognition, Facial Recognition, Voice Recognition, Others; By Application: Site Access Control, Time Recording, Mobile Application, Web and Workplace; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

Global Biometric-as-a-Service Market Outlook

The global biometric-as-a-service market reached a value of around USD 4.11 billion in 2023 and is expected to grow at a CAGR of 20.0% during the forecast period of 2024-2032.

 

Biometric-as-a-Service Market

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Biometrics are increasingly being adopted by governments and private organisations around the globe for applications such as access control, among others, which is driving the growth of the global biometric-as-a-service market. It is used as a compulsory signature by various governments around the globe in domestic citizens’ registers and identities.

 

Market Segmentation

Biometrics are traces of human beings’ biological identity frequently accessed through thumbs and other components of the human body to record an impression. These biological ‘fingerprints’ serve a broad range of purposes, including identification, verification, safety, attendance, time, etc.

 

Biometric-as-a-Service Market By Segments

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On the basis of its scanner type, the biometric-as-a-service market can be categorised into:

  • Fingerprint Recognition
  • Iris Recognition               
  • Palm Recognition
  • Facial Recognition
  • Voice Recognition
  • Others

Based on its application, the biometric-as-a-service market can be segmented as:

  • Site Access Control
  • Time Recording
  • Mobile Application
  • Web and Workplace

Based on its end-use, the biometric-as-a-service market can be divided as government, retail, IT and telecom, BFSI, healthcare, and others.

The EMR report looks into the regional biometric-as-a-service markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Biometric-as-a-Service Market Analysis

As a service industry, biometrics is anticipated to develop considerably as biometrics are much safer than traditional types of entry codes such as pins, passwords, locks, etc. Individuals don’t need to remember biometrics, and the data can be readily transmitted anywhere. For each individual, biometrics are unique identity prints. Biometrics also uses computing, imaging, math, and statistical methods to map an individual’s specific identity for high-risk safety clearances. The major drivers of the biometric-as-a-service market include an increased need to secure online transactions, increased security threats, and increased adoption of advanced technology by governments to create awareness among citizens and promote digitalisation. The biometric-as-a-service market growth may be hindered due to factors like the security of data stored with a third party(cloud) and the lack of multi-party authentication system during the forecast period.

 

Biometric-as-a-Service Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global biometric-as-a-service market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • NEC Corporation
  • Aware Inc.
  • Fujitsu Limited
  • Nuance Communications Inc.
  • Leidos Holdings Inc.
  • IDEMIA Group S.A.S
  • M2SYS 
  • Smilepass 
  • Certibio
  • HYPR Corp
  • BioID
  • Others

The EMR report gives an in-depth insight into the biometric-as-a-service market by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Scanner Type, Application, End Use, Region
Breakup by Scanner Type Fingerprint Recognition, Iris Recognition, Palm Recognition, Facial Recognition, Voice Recognition, Others
Breakup by Application Site Access Control, Time Recording, Mobile Application, Web and Workplace
Breakup by End Use Government, Retail, IT and Telecom, BFSI, Healthcare, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered NEC Corporation, Aware Inc., Fujitsu Limited, Nuance Communications Inc., Leidos Holdings Inc., IDEMIA Group S.A.S, M2SYS, Smilepass, Certibio, HYPR Corp, BioID, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Biometric-as-a-Service Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Biometric-as-a-Service Historical Market (2018-2023) 
    8.3    Global Biometric-as-a-Service Market Forecast (2024-2032)
    8.4    Global Biometric-as-a-Service Market by Scanner Type
        8.4.1    Fingerprint Recognition
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Iris Recognition
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Palm Recognition
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Facial Recognition
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Voice Recognition
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Biometric-as-a-Service Market by Application
        8.5.1    Site Access Control
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Time Recording
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Mobile Application
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Web and Workplace
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Biometric-as-a-Service Market by End Use
        8.6.1    Government
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Retail
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    IT and Telecom
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    BFSI
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Healthcare
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Others
    8.7    Global Biometric-as-a-Service Market by Region       
       8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.8    Middle East and Africa
            8.7.8.1    Historical Trend (2018-2023) 
            8.7.8.2    Forecast Trend (2024-2032) 
9    North America Biometric-as-a-Service Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Biometric-as-a-Service Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Biometric-as-a-Service Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Biometric-as-a-Service Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Biometric-as-a-Service Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    NEC Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Aware Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Fujitsu Limited
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Nuance Communications Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Leidos Holdings Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    IDEMIA Group S.A.S
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    M2SYS 
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Smilepass 
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Certibio 
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    HYPR Corp 
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    BioID 
            16.2.11.1    Company Overview
            16.2.11.2    Product Portfolio
            16.2.11.3    Demographic Reach and Achievements
            16.2.11.4    Certifications
        16.2.12    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Biometric-as-a-Service Market: Key Industry Highlights, 2018 and 2032
2.    Global Biometric-as-a-Service Historical Market: Breakup by Scanner Type (USD Million), 2018-2023
3.    Global Biometric-as-a-Service Market Forecast: Breakup by Scanner Type (USD Million), 2024-2032
4.    Global Biometric-as-a-Service Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Biometric-as-a-Service Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Biometric-as-a-Service Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Biometric-as-a-Service Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Biometric-as-a-Service Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Biometric-as-a-Service Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Biometric-as-a-Service Market Structure

Key Questions Answered in the Report

What was the global biometric-as-a-service market size in 2023?

The global biometric-as-a-service market reached a value around USD 4.11 billion in 2023.

What is the growth rate of the industry?

In the forecast period 0f 2024-2032, the industry is projected to grow at a CAGR of 20%.

What are the major industry drivers?

The major drivers of the industry such as increased adoption of advanced technology, rising digitalisation, increasing adoption by governments and private organisations, and increasing awareness among citizens are expected to aid the industry growth.

What are the key industry trends of the industry?

Increased need to secure online transactions and increased security threats are expected to propel the industry growth in the coming years.

What are the major regions of biometric-as-a-service according to the EMR report?

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.

What are the leading scanner types of biometric-as-a-service in the market?

The leading scanner types of biometric-as-a-service are fingerprint recognition, iris recognition, palm recognition, facial recognition, and voice recognition, among others.

What are the major application segments for the industry?

The major application segments for the market include site access control, time recording, mobile application, web, and workplace.

What are the major end-use segments for the industry?

The major end-use segments for the market include government, retail, IT and telecom, BFSI, and healthcare, among others.

Who are the key industry players according to the report?

The major players in the market are NEC Corporation, Aware Inc., Fujitsu Limited, Nuance Communications Inc., Leidos Holdings Inc., IDEMIA Group S.A.S, M2SYS, Smilepass, Certibio, HYPR Corp, BioID, Others.

Analyst Review

The global biometric-as-a-service market attained a value of around USD 4.11 billion in 2023 driven by the increased need to secure online transactions. Aided by the increasing adoption of advanced technology by governments and increased security threats, the market is expected to further grow at CAGR of 20% in the forecast period of 2024-2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of scanner type, the market can be divided into fingerprint recognition, iris recognition, palm recognition, facial recognition, and voice recognition, among others. Based on the application sector, the industry is segmented into site access control, time recording, mobile application, and web and workplace. On the basis of end-use, the market can be divided into government, retail, IT and telecom, BFSI, and healthcare among others. The major regional markets for the product are North America, Latin America, Europe, the Asia Pacific, and the Middle East and Africa. The key players in the above industry NEC Corporation, Aware Inc., Fujitsu Limited, Nuance Communications Inc., Leidos Holdings Inc., IDEMIA Group S.A.S, M2SYS, Smilepass, Certibio, HYPR Corp, BioID, Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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