Global Biometrics as a Service (BaaS) Market 2018- 2025 Growth with Key Players Fulcrum Biometrics, Cognitec Systems GmbH, SecuGen Corporation, Integrated Biometrics

The Global Biometrics as a Service Report gives a point by point data and investigation of creation, income, drivers and openings, key producers, and focused scene. Besides, current market patterns and development openings are talked about alongside broad analysis of each fragment for the historic period and the forecast period 2018– 2025. The report gives bits of knowledge on assembling cost structure, marketing channels, and wholesalers and dealers examination. This study is useful for advertise players, financial specialists, and investors obtain intensive data and insights to settle on better decisions for the future.

Market Analysis: Global Biometrics as a Service Market

Global Biometrics as a Service Market is expected to reach USD 2972.9 million by 2025, from USD 2306.4 million in 2017 growing at a CAGR of 28.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Biometrics as a Service Market

There is an increasing need for biometrics solutions for identifying and enrolling citizens for elections and voting purpose. Growing concerns of security and threat of life has developed a need for safe and secure environment. The safety concerns have industrialized a biometrics safety system which is used across several industries such as banking, hospitality, defense, government, healthcare, consumer electronics, home safe and safety, transport, and commercial safety and security.

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Key Market Competitors: Global Biometrics as a Service Market

The key players operating in the global biometrics as a service market are –

• Fujitsu
• Idemia
• Aware, Inc.
• Leidos
• M2SYS Technology

The other players in the market are-

• Iritech,
• SmilePass,
• Certibio,
• HYPR Brands the Influencer Marketplace,
• BioID,
• Accenture,
• Fulcrum Biometrics,
• Cognitec Systems GmbH,
• SecuGen Corporation,
• Integrated Biometrics,
• Lumidigm,
• Nitgen,
• Suprema,
• Crossmatch

Market Drivers:

• Threats due to high security
• Increasing usage of mobile devices

Market Restraint:

• Security on cloud storage of biometric data
• Unreliability and high cost involvement for the biometrics technologies

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Segmentation: Global Biometrics as a Service Market

• By Modality Type (Unimodal, Multimodal),
• By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud),
• By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises),
• By Application (Mobile Banking, Payments & Authentication, Identity Proofing & Credentialing, Law Enforcement & Border Control, Civil Identity & Elections, Workforce Management, Others),
• By Industry (Banking, Financial Services, and Insurance Telecommunications and IT)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Key Insights in the report:

• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global biometrics as a service market
• Analyze and forecast the plastic straps market on the basis of modality type, application, deployment model, organization size and industry
• Trends of key regional and country-level markets for modality type, application, deployment model, organization size and industry
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

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