Global Biometrics as a Service Market to Grow at a CAGR of 17.11% by 2020, Market Key Trends, Size, Growth, Shares

Global Biometrics as a Service Market 2016-2020 Size and Share Published in 2016-01-27 Available for US$ 2000 at Researchmoz.us

Description

In 1999, biometrics was introduced as an application to render authentication after identifying and verifying biological and physiological traits such as voice, palm geometry, DNA, gait, fingerprints, facial features, iris, signature, and vein geometry. This technology is reliable, as it cannot be lost or forgotten by an individual.

Verification is a one-to-one matching process that verifies the biometrics traits of an individual against a set template in the database. Identification is a one-to-many matching process wherein the biometrics traits of an individual are matched against all templates in the database to determine an individual's identity.

Technavios analysts forecast the global biometrics as a service market to grow at a CAGR of 17.11% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global biometrics as a service market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of biometrics as a service, which includes cloud-based biometrics solutions and third-party managed solutions.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Biometrics as a Service Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

BioID

Fujitsu

ImageWare

IriTech

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Other prominent vendors

FingerCheck

Secur-eye

MorphoTrust USA

Market driver

Need for data security

For a full, detailed list, view our report

Market challenge

Privacy concerns

For a full, detailed list, view our report

Market trend

Emergence of cloud-based mobile biometrics

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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Table of Content

PART 01: Executive summary

Highlights

PART 02: Scope of the report

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market description

Biometrics as a service workflow

Advantages and disadvantages of biometrics

Applications of biometrics as a service

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