Global Biometrics as a Service Market 2016-2020 report is the latest addition to RnRMarketResearch.com industry research reports collection. The analysts forecast global biometrics as a service market to grow at a CAGR of 17.11% during the period 2016-2020.
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.
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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:
The 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.
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Key vendors – BioID, Fujitsu, ImageWare, IriTech
Other prominent vendors -FingerCheck, Secur-eye, MorphoTrust USA
Market driver - Need for data security
Market challenge - Privacy concerns
Market trend - Emergence of cloud-based mobile biometrics
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?
List of Exhibits:
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
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