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As a service industry, biometrics is anticipated to develop considerably as biometrics are much safer than traditional types of entry codes such as pins, passwords, locks, etc. Individuals don’t need to remember biometrics, and the data can be readily transmitted anywhere. For each individual, biometrics are unique identity prints. Biometrics also uses computing, imaging, math, and statistical methods to map an individual’s specific identity for high-risk safety clearances. The major drivers of the biometric-as-a-service market include an increased need to secure online transactions, increased security threats, and increased adoption of advanced technology by governments to create awareness among citizens and promote digitalisation. The biometric-as-a-service market growth may be hindered due to factors like the security of data stored with a third party(cloud) and the lack of multi-party authentication system during the forecast period.
Biometric-as-a-Service Market Size
Biometric-as-a-Service Market Analysis
Biometric-as-a-Service Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Biometric-as-a-Service Market Analysis
8.1 Key Industry Highlights
8.2 Global Biometric-as-a-Service Historical Market (2018-2023)
8.3 Global Biometric-as-a-Service Market Forecast (2024-2032)
8.4 Global Biometric-as-a-Service Market by Scanner Type
8.4.1 Fingerprint Recognition
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Iris Recognition
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Palm Recognition
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Facial Recognition
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Voice Recognition
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Biometric-as-a-Service Market by Application
8.5.1 Site Access Control
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Time Recording
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Mobile Application
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Web and Workplace
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global Biometric-as-a-Service Market by End Use
8.6.1 Government
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Retail
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 IT and Telecom
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 BFSI
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Healthcare
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Biometric-as-a-Service Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.8 Middle East and Africa
8.7.8.1 Historical Trend (2018-2023)
8.7.8.2 Forecast Trend (2024-2032)
9 North America Biometric-as-a-Service Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Biometric-as-a-Service Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Biometric-as-a-Service Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Biometric-as-a-Service Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Biometric-as-a-Service Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 NEC Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Aware Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Fujitsu Limited
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Nuance Communications Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Leidos Holdings Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 IDEMIA Group S.A.S
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 M2SYS
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Smilepass
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Certibio
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 HYPR Corp
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 BioID
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Biometric-as-a-Service Market: Key Industry Highlights, 2018 and 2032
2. Global Biometric-as-a-Service Historical Market: Breakup by Scanner Type (USD Million), 2018-2023
3. Global Biometric-as-a-Service Market Forecast: Breakup by Scanner Type (USD Million), 2024-2032
4. Global Biometric-as-a-Service Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Biometric-as-a-Service Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Biometric-as-a-Service Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Biometric-as-a-Service Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Biometric-as-a-Service Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Biometric-as-a-Service Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Biometric-as-a-Service Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Biometric-as-a-Service Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Biometric-as-a-Service Market Structure
The global biometric-as-a-service market reached a value around USD 4.11 billion in 2023.
In the forecast period 0f 2024-2032, the industry is projected to grow at a CAGR of 20%.
The major drivers of the industry such as increased adoption of advanced technology, rising digitalisation, increasing adoption by governments and private organisations, and increasing awareness among citizens are expected to aid the industry growth.
Increased need to secure online transactions and increased security threats are expected to propel the industry growth in the coming years.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.
The leading scanner types of biometric-as-a-service are fingerprint recognition, iris recognition, palm recognition, facial recognition, and voice recognition, among others.
The major application segments for the market include site access control, time recording, mobile application, web, and workplace.
The major end-use segments for the market include government, retail, IT and telecom, BFSI, and healthcare, among others.
The major players in the market are NEC Corporation, Aware Inc., Fujitsu Limited, Nuance Communications Inc., Leidos Holdings Inc., IDEMIA Group S.A.S, M2SYS, Smilepass, Certibio, HYPR Corp, BioID, Others.
The global biometric-as-a-service market attained a value of around USD 4.11 billion in 2023 driven by the increased need to secure online transactions. Aided by the increasing adoption of advanced technology by governments and increased security threats, the market is expected to further grow at CAGR of 20% in the forecast period of 2024-2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of scanner type, the market can be divided into fingerprint recognition, iris recognition, palm recognition, facial recognition, and voice recognition, among others. Based on the application sector, the industry is segmented into site access control, time recording, mobile application, and web and workplace. On the basis of end-use, the market can be divided into government, retail, IT and telecom, BFSI, and healthcare among others. The major regional markets for the product are North America, Latin America, Europe, the Asia Pacific, and the Middle East and Africa. The key players in the above industry NEC Corporation, Aware Inc., Fujitsu Limited, Nuance Communications Inc., Leidos Holdings Inc., IDEMIA Group S.A.S, M2SYS, Smilepass, Certibio, HYPR Corp, BioID, Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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