The Biometric-As-A-Service Market research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
Biometric-as-a-Service (BaaS) market size is expected to reach USD 6.41 Billion in 2028 and register a steady CAGR of 19.8%, according to latest analysis by Emergen Research. Key factors driving market revenue growth include advancements in technology coupled with rising demand for Biometric-as-a-Service (BaaS) technology in automotive, commercial centers, defense security and consumer electronics applications, among others.
Biometric-as-a-Service (BaaS) is an efficient solution to traditional biometric software models. The technology enables all type of organizations to deploy and use biometric in day-to-day operations. With BaaS, users can start practicing facial recognition and fingerprint scanning to enroll customers and employees to combat fraud as well as to streamline customer service without the use of expensive, time-consuming, and resource-intensive software acquisition and integration processes.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/621
Some Key Highlights From the Report
- In May 2020, Innovatrics and Daltrey, which is an ID access management company, partnered to develop Biometric-as-a-Service solution for frictionless authentication with passive liveness detection. Most current biometric facial recognition benchmarks show Innovatrics technology is among the fastest in identifying people from large data sets.
- Face recognition detects faces in real-time on camera, matches these with faces that has already been fed into the system and identifies people. It can also identify a person even if there are changes in facial features or expression, less optimal lighting, and the face is at different angles from the camera. It is used to prevent retail crime, find missing people, protect law enforcement, and is also used in casinos to recognise the moment a suspicious gambler enters the casino.
- Large enterprises segment accounted for a larger revenue share in 2020 owing to rapid deployment of biometric-as-a-service technology as a result of benefits this technology provides. Various BFSI, manufacturing, IT, and healthcare giants have started to deploy BaaS in their respective security infrastructure as necessity for such need arises.
The report also studies the key companies of the Biometric-as-a-Service (BaaS) market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
Some players analyzed in the report are:
Fujitsu, Thales, Lexis Nexis, Idemia, Microsoft, Google, Accenture, Fingerprints, Amazon, and Bayometric.
To get leading market solutions, visit the link below:
https://www.emergenresearch.com/industry-report/biometric-as-a-service-market
Biometric-as-a-Service (BaaS) Market Segmentation
Emergen Research has segmented the global biometric-as-a-service market on the basis of offering, type, organization size, vertical, and region:
- Offering Outlook (Revenue, USD Billion; 2018–2028)
- Solutions
- Services
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Face Recognition
- Fingerprint Recognition
- Voice Recognition
- Iris Recognition
- Palm and Vein Recognition
- Others (DNA, Signature, Keystroke)
- Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Small and Medium Enterprises
- Large Enterprises
- Vertical Outlook (Revenue, USD Billion; 2018–2028)
- BFSI
- Education
- Government (Public Administration)
- IT and ITES
- Healthcare
- Manufacturing
- Others
- Entertainment
- Transportation
- Energy and Utilities
- Retail
- Telecommunication
- Other Professional Services
Request a discount on the report @ https://www.emergenresearch.com/request-discount/621
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/biometric-as-a-service-market
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Biometric-as-a-Service (BaaS) market?
What are the key product types and applications of the Biometric-as-a-Service (BaaS) industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Biometric-as-a-Service (BaaS) market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/621
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
Explore more Emergen Research Reports @ www.emergenresearch.com
Assisted Reproductive Technology Market-https://www.biospace.com/article/assisted-reproductive-technology-market-size-to-reach-usd-54-75-billion-in-2028-industry-trend-rising-awareness-of-infertility-and-other-reproductive-disorders-among-the-population/
Cell-Free DNA (cfDNA) Testing Market-https://www.biospace.com/article/cell-free-dna-cfdna-testing-market-size-to-reach-usd-28-28-billion-in-2028-industry-trends-increasing-prevalence-of-chromosomal-disorders-and-rising-number-of-cell-free-dna-cfdna-testing-procedures/
Rehabilitation Robotics Market-https://www.biospace.com/article/rehabilitation-robotics-market-size-to-reach-usd-11-38-billion-in-2028-industry-trend-growing-adoption-of-assistive-robotics-in-treatment-of-orthopedic-disorders/
3D Bioprinting Market-https://www.biospace.com/article/3d-bioprinting-market-size-to-reach-usd-3-244-17-million-in-2028-industry-trend-high-investments-by-pharmaceutical-and-biotechnology-companies-in-stem-cell-research/
CRISPR Technology Market-https://www.biospace.com/article/crispr-technology-market-size-to-reach-usd-4-89-billion-in-2028-industry-trend-rise-in-government-investments-in-genetic-engineering-and-research-projects/
Interventional Cardiology Market-https://www.biospace.com/article/interventional-cardiology-market-size-to-reach-usd-28-96-billion-in-2028-industry-trend-rapid-adoption-of-highly-advanced-interventional-cardiology-solutions-/
Synthetic Blood Substitutes Market-https://www.biospace.com/article/synthetic-blood-substitutes-market-size-to-reach-usd-15-40-billion-in-2027-industry-trend-rapid-technological-advancements-in-synthetic-production-of-blood/
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Facebook | LinkedIn | Twitter | Blogs
Read Full Press Release @ https://www.emergenresearch.com/press-release/global-biometric-as-a-service-market
