Biometrics-as-a-Service Market Key Players Strategies Fujitsu Limited, Accenture Plc., Aware Inc., Leidos Holdings, Inc., BioID, M2SYS Technology - Kernell� Inc, Fulcrum Biometrics, LLC, IDEMIA, Imageware Systems

Allied Market Research published a new report, titled, "Biometrics-as-a-Service Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

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According to the report, the global Biometrics-as-a-Service industry garnered $1.42 billion in 2018, and is estimated to reach $5.37 billion in 2026, growing at a CAGR of 18.2% from 2019 to 2026. Rise in advanced cyber -attacks, growth of IoT landscape, and stringent government regulations drive the growth of the global Biometrics-as-a-Service market. On the other hand, security and privacy concerns associated with data stored on cloud impedes the market growth to a certain extent. However, rise in the adoption of cloud-based biometrics among SMEs and addition of artificial intelligence in biometrics-as-a-service solutions expected to create a number of lucrative opportunities in the near future.

The report also provides an in-depth analysis of the drivers & opportunities, top investment pockets, top winning strategies, market size & estimations, competitive landscape, and wavering market trends.

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North America accounted for nearly two-fifths of the global Biometrics-as-a-Service market revenue in 2018. This is due to the surge in online transactions and increase in cyberattacks among the organizations. However, the Asia-Pacific region would cite the fastest CAGR of 20.7% from 2019 to 2026. This is due to increase in the investment by the government in biometrics projects such as national ID cards and e-passports, increase in the rise of cyber-attacks, and growing cybersecurity spending among organizations.

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Table of Content

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top impacting factors
2.1.2. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key Forces Shaping Global Biometrics-as-a-Service market

3.2.1. Low-to-Moderate bargaining power of suppliers
3.2.2. Low-to-Moderate bargaining power of buyer
3.2.3. Moderate-to-high threat of substitutes
3.2.4. Moderate threat of new entrants
3.2.5. Low-to-Moderate competitive rivalry

3.3. Case Studies

3.3.1. Adoption of PalmSecure(TM) by Awinta for securing the authentication of employees in pharmacy industry.
3.3.2. United Nations High Commissioner for Refugees (UNHCR) has adopted biometric identity management system for verifying and registering displaced persons in the world

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Rise in advanced cyber -attacks
3.4.1.2. Stringent government regulations
3.4.1.3. Growth of IoT landscape

3.4.2. Restraints

3.4.2.1. Security and privacy concerns associated with data stored on cloud

3.4.3. Opportunities

3.4.3.1. Surge in the adoption of cloud-based biometrics among SMEs
3.4.3.2. Integration of artificial intelligence in biometrics-as-a-service solutions

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