Biometrics-as-a-Service (BaaS) Market to Register Growth of ~20.15%, See Why
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Some of the key players profiled in the study are: NEC Corporation (Japan), Aware (United States), Fujitsu Ltd. (Japan), Nuance Communications (United States), Leidos (United States), Idemia (France), Gemalto, M2SYS Technology (United States), Smilepass Ltd (United Kingdom), Certibio (Brazil), HYPR Corp. (United States) , BioID (Germany), Fulcrum Biometrics, LLC (United States), Phonexia (United States), Bayometric, Inc. (United States).
Scope of the Report of Biometrics-as-a-Service (BaaS)
Biometrics-as-a-Service (BaaS) performs biometric matching operations in the cloud while relying on simple and ubiquitous consumer devices such as smartphones. It leverages the well-entrenched practices of the Software-as-a-Service (SaaS) model that performs biometric matching operations in the cloud platform and provides it as a service. BaaS is easy to deploy and integrate with any application and it does not need any in-house or special IT infrastructure. It enables organizations of all types from governments to telecommunications companies to quickly deploy and start using biometrics technology in their day-to-day identity management operations. It is cost-efficient and is inherently scalable. The potential of biometrics-as-a-Service (BaaS) has gained popularity in providing ubiquitous authentication to cloud services due to this its adoption is rapidly increasing. This is expected to boost the market growth of biometrics-as-a-Service (BaaS) in the forecast period. According to AMA, the Global Biometrics-as-a-Service (BaaS) market is expected to see growth rate of 20.15%.
The titled segments and sub-section of the market are illuminated below:
by Application (Site Access Control, Time Recording, Mobile Application, Web and Workplace), Industry (IT and Telecom, BFSI, Government, Law Enforcement, Defense, Healthcare, Others), System Components (User Interface, Developer Interface, Cloud-based Computing Infrastructure), Organization Size (Large Enterprises, Small & Medium Enterprises (SMEs)), Cloud Type (Public, Private, Hybrid), Service (Subscription, Pay-Per-Use), Modality (Single Modality, Several Modalities), Offerings (Solution, Service), Biometric Type (Fingerprint Scanning, Facial Recognition, Voice Recognition, Iris Recognition)
Need to Secure Increasing Online Transaction
Demand Better Security and Identity Fraud Prevention Measures
Rapid Deployment and Quick Integration of Biometrics-as-a-Service (BaaS)
Integration of Artificial Intelligence in Biometrics-as-a-Service Solutions
Increasing Adoption Cloud-Based Services by Enterprises
Biometrics-as-a-Service (BaaS) Eliminates Time-Consuming & Expensive Resource-Intensive Software Processing
Highly Secured as the Biometric Data is Stored and Accessed from the Cloud
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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Strategic Points Covered in Table of Content of Global Biometrics-as-a-Service (BaaS) Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Biometrics-as-a-Service (BaaS) market
Chapter 2: Exclusive Summary - the basic information of the Biometrics-as-a-Service (BaaS) Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Biometrics-as-a-Service (BaaS)
Chapter 4: Presenting the Biometrics-as-a-Service (BaaS) Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Biometrics-as-a-Service (BaaS) market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Biometrics-as-a-Service (BaaS) Market is a valuable source of guidance for individuals and companies.
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