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Biometric Middleware Market Segmented By recognition type Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition; By application Citizen ID and Voting Programs, KYC, Fraud Prevention, Territory Management, Mobile Authentication,

11-06-2018 12:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Biometric Middleware Market Segmented By recognition type

Biometric Middleware: Introduction

In the current digital world, protecting networks with only passwords is no longer a good choice. With the increase in enterprise communication and online transactions, there is the need for a convenient security solution to ensure that only authorized people have access to sensitive data. Biometric middleware is an integral part in the entire security solution. Biometric middleware enables the integration of advanced biometric data management and processing systems in a standard web service architecture.

This service-oriented data biometric middleware offers data management, formatting, workflow, and other utilities for large-scale iris recognition, face recognition, and standard fingerprint recognition. Biometric middleware is ideal for application-based requirements, such as the collection of biometric data throughout a vast distributed network, and the consequent analysis, distribution, processing, sharing, and matching of the data.

A common biometric middleware applies multiple mechanisms for the security of access, communication, and data. Biometric middleware offers a foundation for the basic enrolment, verification, and identification of individuals having multiple roles. A logical access module integrated in the biometric middleware provides user data access, which allows both, specific data security and UI level security. This implies that the biometric middleware can be programed to provide resource access to an individual or a group of individuals with a specific role.

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Companies are incorporating the concept of biometric middleware to develop IoT-enabled biometric products for time management and access control in smart homes and buildings. Companies are offering their customizable IXM software ecosystem for the residential, commercial, and industrial sectors. The most commonly used biometric middleware technologies are fingerprint, face recognition, iris recognition, hand geometry, and voice verification. The advantages of biometric middleware technologies are improved security, improved customer experience, cannot be forgotten or lost, and reduced operational costs.

Biometric Middleware Market: Drivers and Challenges

In the commercial and industrial sectors, the features offered by an organization’s biometric middleware eliminate the risk of fraud and trespassing, and enables the unfailing identification of individuals. This is the primary driver of the global biometric middleware market. Suppliers offer customizable biometric products that can be integrated with a standard biometric middleware to meet the organization’s needs.

However, in the case of a large and complex network system that includes multiple sub-systems in various government agencies, international data exchange barriers decrease the efficiency and reliability of biometric middleware products, which, in turn, challenges the global biometric middleware market.

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Biometric Middleware Market: Regional Outlook

Among all the regions, North America holds the largest market share in the global biometric middleware market, and is anticipated to maintain a steady growth rate over the forecast period. The growth of the biometric middleware market in North America is attributed to the ever-rising trend of industrial and commercial automation. The rise in disposable income in the industrial and commercial sectors plays a major role in driving the growth of the global biometric middleware market. Southeast Asian and other Asia Pacific economies are expected to register significant growth rates in the biometric middleware market. Western and Eastern European countries are also expected to generate steady growth rates during the forecast period. The overall growth in the global biometric middleware market is attributed to the ever-rising demand for security services.

Biometric Middleware Market: Key Players

A few of the major players operating in the global biometric middleware market include Secure Identity, LLC.; Centrify Corporation; Fischer International Identity, LLC; Identity Automation; ImageWare Systems; Aware, Inc.; I.am; NEC Corporation; Sensory Inc., Aerendir Mobile Inc., IDEX Biometrics, and Invixium, among others.

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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