Press release
Biometrics-As-A-Service (Baas) Market 2024 Size, Global Report till 2031 | Aware Inc., BioEnable Technologies Pvt. Ltd, BioID Technology.
Biometrics-as-a-Service (BaaS) Market || 2024-2031
Get a Free Sample Research PDF - https://datamintelligence.com/download-sample/biometrics-as-a-service-baas-market
The Biometrics-As-A-Service (Baas) market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Biometrics-as-a-Service (BaaS) is a cloud-based solution that provides biometric identification and authentication capabilities to businesses and organizations. It allows for the use of biometric data, such as fingerprints, facial recognition, iris scans, or voice patterns, to verify identities without the need for in-house infrastructure. BaaS offers scalability, security, and ease of integration into existing systems, making it an efficient and cost-effective option for identity management, access control, and security applications across various industries.
Key Developments:
✫ In April 2020, Fujitsu Frontech North America Inc., a subsidiary of Fujitsu Global, acquired Fulcrum Biometrics, LLC, a Texas-based provider of biometric hardware, software, and solutions. This acquisition underscores Fujitsu's commitment to expanding its biometrics business in North America and strengthening its position in global identity management markets, driven by new state and federal regulations.
✫ In January 2020, Thales, a French multinational specializing in electrical systems, enhanced its Biometric Matching System by integrating Field-Programmable Gate Array (FPGA) technology for advanced parallel data processing. This innovation allows Thales to reduce the number of servers by half, significantly lowering the overall carbon footprint with the help of Gemalto's off-the-shelf FPGA solution.
Forecast Growth Projected:
The Global Biometrics-As-A-Service (Baas) Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Biometrics-As-A-Service (Baas) Market:
Aware Inc., BioEnable Technologies Pvt. Ltd, BioID Technology, Fujitsu Limited, Nuance Communications Inc., Precise Biometrics AB, SIC Biometrics, Inc., NEC Corp. and ImageWare Systems Inc.
Segment Covered in the Biometrics-As-A-Service (Baas) Market:
By Modality: Unimodal, Multimodal.
By Technology: Fingerprint Recognition, Voice Recognition, Signature Recognition, Iris Recognition, Palm/Hand Recognition, Face Recognition, Behavior Recognition, Others.
By Enterprise Size: Small & Medium Sized Enterprises, Large Enterprises.
By Deployment Mode: On-Premise, Cloud-based.
By End-User: Retail, Healthcare and Life Sciences, BFSI, Telecom and IT, Defense, Government, Others.
Regional Analysis:
The global Biometrics-As-A-Service (Baas) Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
Get Customization in the report as per your requierments: https://datamintelligence.com/customize/biometrics-as-a-service-baas-market
Regional Analysis:
The global Biometrics-As-A-Service (Baas) Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Biometrics-As-A-Service (Baas) Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Biometrics-As-A-Service (Baas) manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Biometrics-As-A-Service (Baas) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
Get a Free Sample PDF copy of the report @ https://datamintelligence.com/download-sample/biometrics-as-a-service-baas-market
FAQs
How big is the Biometrics-As-A-Service (Baas) Market?
The Biometrics-As-A-Service (Baas) Market size was USD 1.5 billion in 2023. It is expected to reach USD 4.3 billion by 2031.
How fast is the Biometrics-As-A-Service (Baas) Market growing?
The Biometrics-As-A-Service (Baas) Market will exhibit a CAGR of 19.4% during the forecast period, 2024-2031.
Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biometrics-As-A-Service (Baas) Market 2024 Size, Global Report till 2031 | Aware Inc., BioEnable Technologies Pvt. Ltd, BioID Technology. here
News-ID: 3667426 • Views: …
More Releases from DataM Intelligence 4market Research LLP
United States Aluminum Fluoride Market Trends and Forecasts: High-Purity Applica …
Aluminium Fluoride Market is expected to grow at a CAGR of 4% during the forecast period 2024-2031.
The aluminum fluoride market includes a chemical compound used primarily in aluminum smelting as a flux to reduce melting point and energy consumption. It is also applied in ceramics, glass, and chemical industries. Market growth is driven by rising aluminum production, industrialization, and demand in automotive and construction sectors. Technological improvements in production and…
United States Acrylic Monomer Market Trends: High-Performance Coatings, Adhesive …
Global Acrylic Monomer Market reached US$ 9.4 Billion in 2023 and is expected to reach US$ 15.6 Billion by 2031, growing with a CAGR of 6.72% during the forecast period 2024-2031.
The acrylic monomer market focuses on monomers like methyl methacrylate and acrylates used to produce polymers and resins for coatings, adhesives, textiles, and construction materials. Market growth is driven by high demand in automotive, construction, and consumer goods sectors. Acrylic…
United States Semiconductor Manufacturing Equipment Market Outlook 2024-2031: En …
The global Semiconductor Manufacturing Equipment market reached at a CAGR of 9.5% during the forecast period (2024-2031).
Semiconductor manufacturing equipment (SME) includes the tools used to fabricate, assemble, package, and test semiconductor chips-such as lithography, deposition, etch, cleaning, implant, metrology/inspection, assembly/packaging, and test systems. These tools enable advanced process nodes (e.g., 3nm→2nm GAA) and cutting-edge packaging technologies (e.g., hybrid bonding, CoWoS, HBM).
📌 Download Sample Report to Identify Emerging Deals & Opportunities…
United States Glass Fiber Reinforced Gypsum Market Growth Potential 2024-2031: L …
The Glass Fiber Reinforced Gypsum market to grow at a CAGR 7.2% during the forecast period 2024-2031.
The glass fiber reinforced gypsum (GFRG) market involves building materials combining gypsum with glass fibers to enhance strength, durability, and fire resistance. Applications include walls, panels, ceilings, and partitions in commercial and residential construction. Market growth is driven by rapid urbanization, infrastructure development, and demand for sustainable construction materials. Lightweight GFRG panels offer easy…
More Releases for Biometric
Global Biometric Service Market Size by Application, Type, and Geography: Foreca …
According to Market Research Intellect, the global Biometric Service market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The biometric service market is witnessing rapid growth, fueled by increasing demand for advanced security solutions across various…
Prominent Biometric Cards Market Trend for 2025: Revolutionizing Payment Securit …
What market dynamics are playing a key role in accelerating the growth of the biometric cards market?
The burgeoning expansion of contactless payment systems is anticipated to spur the development of the biometric card market in the future. Contactless payment systems provide a secure means for consumers to purchase goods or services using their debit, credit, or smart cards by exploiting radio frequency identification (RFID) technology or near-field communication (NFC). The…
Prominent Biometric Sensor Market Trend for 2025: Pioneering Product Innovation …
Which drivers are expected to have the greatest impact on the over the biometric sensor market's growth?
The spike in identity theft incidents is predicted to bolster the expansion of the biometric sensor market. Identity theft involves the stolen personal data such as social security numbers, bank account or credit card details. Biometric techniques address all critical aspects of authentication, non-repudiation, confidentiality, and integrity, contributing substantially to curbing and extinguishing identity…
Key Biometric Cards Market Trend for 2025-2034: Revolutionizing Payment Security …
What Is the Future Outlook for the Biometric Cards Market's Size and Growth Rate?
In recent times, the size of the biometric cards market has expanded swiftly. Its growth is anticipated to soar from $13.03 billion in 2024 to reach $15.36 billion in 2025, with a compound annual growth rate (CAGR) of 17.9%. The surging growth during the historical span can be credited to enhanced security requirements, escalating concerns regarding fraud,…
Biometric Workforce Management Market Will Hit Big Revenues In Future | IDEMIA, …
Advance Market Analytics added research publication document on Worldwide Biometric Workforce Management Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Biometric Workforce Management market. The study provides valuable market size data for historical (Volume** & Value) from 2019 to 2022 which is estimated and forecasted till…
Biometric ATM Market Growing Penetration and Adoption of Voice Biometric Solutio …
The global biometric ATM market size is expected to be valued at US$ 1,960.5 million in 2022 and grow at a CAGR of 30.3% over the forecast period. Biometric ATMs are self-service automated teller machines (ATMs), or cash machines, that use a biometric measure to identify customers and allow them to withdraw cash. Biometric authentication may be the only customer identifier used, or it may be used in conjunction with…
