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Global Biometric-as-a-Service Market: By Scanner Type: Fingerprint Recognition, Iris Recognition, Palm Recognition, Facial Recognition, Voice Recognition, Others; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Biometric-as-a-Service Market Outlook
The global biometric-as-a-service market reached a value of around USD 2.38 billion in 2020 and is expected to grow at a CAGR of 20% during the forecast period of 2022-2027.
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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.
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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.
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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.
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 | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Biometric-as-a-Service Market Analysis
8.1 Key Industry Highlights
8.2 Global Biometric-as-a-Service Historical Market (2017-2021)
8.3 Global Biometric-as-a-Service Market Forecast (2022-2027)
8.4 Global Biometric-as-a-Service Market by Scanner Type
8.4.1 Fingerprint Recognition
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Iris Recognition
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Palm Recognition
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Facial Recognition
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Voice Recognition
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 Others
8.5 Global Biometric-as-a-Service Market by Application
8.5.1 Site Access Control
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Time Recording
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Mobile Application
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Web and Workplace
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.6 Global Biometric-as-a-Service Market by End Use
8.6.1 Government
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Retail
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 IT and Telecom
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 BFSI
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Healthcare
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
8.6.6 Others
8.7 Global Biometric-as-a-Service Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 NEC Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Aware Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Fujitsu Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Nuance Communications Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Leidos Holdings Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 IDEMIA Group S.A.S
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 M2SYS
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Smilepass
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Certibio
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 HYPR Corp
12.2.10.1 Company Overview
12.2.10.2 Product Portfolio
12.2.10.3 Demographic Reach and Achievements
12.2.10.4 Certifications
12.2.11 BioID
12.2.11.1 Company Overview
12.2.11.2 Product Portfolio
12.2.11.3 Demographic Reach and Achievements
12.2.11.4 Certifications
12.2.12 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Biometric-as-a-Service Market: Key Industry Highlights, 2017 and 2027
2. Global Biometric-as-a-Service Historical Market: Breakup by Scanner Type (USD Million), 2017-2021
3. Global Biometric-as-a-Service Market Forecast: Breakup by Scanner Type (USD Million), 2022-2027
4. Global Biometric-as-a-Service Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Biometric-as-a-Service Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Biometric-as-a-Service Historical Market: Breakup by End Use (USD Million), 2017-2021
7. Global Biometric-as-a-Service Market Forecast: Breakup by End Use (USD Million), 2022-2027
8. Global Biometric-as-a-Service Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Biometric-as-a-Service Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Global Biometric-as-a-Service Market Structure
Key Questions Answered in the Report
The global biometric-as-a-service market reached a value around USD 2.38 billion in 2020.
In the forecast period 0f 2022-2027, the industry is projected to grow at a CAGR of 20%.
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.
Increased need to secure online transactions and increased security threats are expected to propel the industry growth in the coming years.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions 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.
The major application segments for the market include site access control, time recording, mobile application, web, and workplace.
The major end-use segments for the market include government, retail, IT and telecom, BFSI, and healthcare, among others.
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 2.38 billion in 2020 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 2022-2027.
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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