Global Biometrics as a Service Market 2016 - 2020 – Industry Analysis, Market Size, Competitive Trends: Hexa Reports

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Global Biometrics as a Service Market Share and

Size, Trends and Growth, Research Forecasts 20162020

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.

Technavio's analysts forecast the global biometrics as a service market to grow at a CAGR of 17.11%

during the period 2016-2020.

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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

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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...