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Global Biometrics as a Service Market 2016-2020

Published By :

Technavio

Published Date : Jan 2016

Category :

Biometrics

No. of Pages : 40 Pages

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.

Technavios 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

Technavio's 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 driver
Need for data security
For a full, detailed list, view our report

Market challenge
Privacy concerns
For a full, detailed list, view our report

Market trend
Emergence of cloud-based mobile biometrics
For a full, detailed list, view our 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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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: Explore Technavio
LOE
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

List of Table

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