HOME Top Market Reports Biometrics as a Service Market by Modality Type (Unimodal (Fingerprint, Facial, Iris, Voice, Palm and Vein Recognition) and Multimodal), Application, Deployment Model, Organization Size, Industry, and Region - Global Forecast to 2022

Biometrics as a Service Market by Modality Type (Unimodal (Fingerprint, Facial, Iris, Voice, Palm and Vein Recognition) and Multimodal), Application, Deployment Model, Organization Size, Industry, and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: September 2017
Report Code: TC 5616

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The biometrics-as-a-service market accounted for USD 686.0 Million in 2016 and is projected to reach USD 2972.8 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 28.82%. The growing requirement for cost-effective biometric solutions required to access advanced biometrics capabilities is the major growth driver of the market. In this report, 2016 is considered as the base year and 2017–2022 is the forecast period.

Objectives of the Study

The main objective of this report is to define, describe, and forecast the global biometrics-as-a-service market on the basis of modality type, application, deployment model, organization size, industry, and region. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in the biometrics-as-a-service market.

Research Methodology

The research methodology used to estimate and forecast the biometrics-as-a-service market began with capturing data on the key vendors’ revenues through secondary research using various sources, such as Biometric Technology Today, and Institute of Electrical and Electronic Engineers (IEEE) cloud computing journals. The vendor offerings were also taken into consideration to determine the market segmentations. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenues of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the primary profiles is depicted in the figure below:

Biometrics as a Service Market

To know about the assumptions considered for the study, download the pdf brochure

The biometrics-as-a-service market includes various vendors, such as Fujitsu (Japan), BioID (Switzerland), HYPR (US), Aware, Inc. (US), M2SYS (US), OT-Morpho (France), SUPREMA (South Korea), Leidos (US), CERTIFY GLOBAL (US), ImageWare Systems (US), IriTech (US), SkyBiometry (Lithuania), Polygon Innovation (Portugal), RightPatient (US), VoiceIt Technologies (US), Athena Sciences Corporation (US), SmilePass (UK), BYTES TECHNOLOGY GROUP-Bytes SI (South Africa), SecurAX (India), Accenture (Ireland), Fulcrum Biometrics (US), AimBrain (UK), Certibio (Brazil), VoicePIN.com (Poland), and SpeechPro (US).

The target audience of the biometrics-as-a-service market report includes the following:

  • Biometric technology manufacturers
  • Biometric technology hardware and software manufacturers
  • Biometric technology-enabled product manufacturers
  • Sensor manufacturers
  • Cloud computing companies
  • Software solution providers and component suppliers
  • Information Technology (IT) infrastructure equipment providers
  • Support infrastructure equipment providers
  • Component providers
  • Software providers
  • System integrators
  • Network service providers
  • Monitoring service providers
  • Professional service providers
  • Distributors and resellers
  • Enterprises
  • Government and standardization bodies
  • Telecom operators
  • Healthcare organizations
  • Financial organizations
  • Distributors and resellers
  • Cloud providers
  • Colocation providers
  • Enterprises
  • Government and standardization bodies
  • Telecom operators
  • Healthcare organizations
  • Financial organizations
  • Data center vendors

 “The study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2–5 years for prioritizing the efforts and investments.”

Scope of the Report

The research report categorizes the biometrics-as-a-service market to forecast the revenues and analyze the trends in each of the following subsegments:

By Modality Type

  • Unimodal
    • Fingerprint Scanning
    • Facial Recognition
    • Iris Recognition
    • Voice Recognition
    • Palm and Vein Recognition
    • Others (DNA and Signature Recognition)
  • Multimodal

By Application:

  • Mobile Banking, Payments, and Authentication
  • Identity Proofing and Credentialing
  • Law Enforcement and Border Control
  • Civil Identity and Elections
  • Workforce Management
  • Others (Account Recovery, De-duplication, and Access Control)

By Rack Unit

  • Up to 25 RU
  • 25–40 RU
  • Above 40 RU

By Deployment Model

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Organization Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large enterprises

By Industry:

  • Banking, Financial Services, and Insurance (BFSI)
  • Telecommunication and ITES
  • Government and Defense
  • Healthcare
  • Travel and Hospitality
  • Retail
  • Media and Entertainment
  • Education
  • Others (Energy and Manufacturing)

By Region:

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players

Country Information

Country-specific information and market data as per feasibility

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Microquadrant Research Methodology
           2.3.1 Vendor Inclusion Criteria
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 27)
    4.1 Attractive Market Opportunities in the Biometrics-as-a-Service Market
    4.2 Market, By Application, 2017–2022
    4.3 Market, By Industry and Region
    4.4 Market, By Organization Size, 2017–2022
    4.5 Lifecycle Analysis, By Region

5 Market Overview and Industry Trends (Page No. - 30)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Usage of Mobile Devices
                    5.2.1.2 Increasing Demand for Cost-Effective Solutions to Access Advanced Biometrics Capabilities
                    5.2.1.3 High Security Threats
                    5.2.1.4 Increasing Government Initiatives
           5.2.2 Restraints
                    5.2.2.1 Security of Biometric Data Stored on Cloud
           5.2.3 Opportunities
                    5.2.3.1 Growing Demand in Ecommerce
                    5.2.3.2 Increasing Adoption of Cloud-Based Services
           5.2.4 Challenges
                    5.2.4.1 Integration of Biometrics-as-a-Service Into the Existing Systems
                    5.2.4.2 Network Dependency to Access Biometrics-as-a-Service Offerings Over the Cloud
    5.3 Technology Trends and Standards
           5.3.1 Introduction
           5.3.2 Standards and Guidelines for the Market
                    5.3.2.1 Health Insurance Portability and Accountability Act (HIPAA)
                    5.3.2.2 International Organization for Standardization/International Electrotechnical Commission 27000 Family (ISO/IEC 27000)
                    5.3.2.3 Payment Card Industry Data Security Standard (PCI-DSS)
                    5.3.2.4 Federal Information Security Management Act (FISMA)
                    5.3.2.5 International Organization for Standardization/International Electrotechnical Commission 27018 (ISO/IEC 27018)
                    5.3.2.6 European Association for Biometrics (EAB)
                    5.3.2.7 International Biometric Society (IBS)
                    5.3.2.8 Fast Identity Online (FIDO) Alliance
    5.4 Innovation Spotlight
    5.5 Industry Use Cases
           5.5.1 Biometrics-as-a-Service: Use Cases
                    5.5.1.1 Use Case #1: Securing Banking Operations
                    5.5.1.2 Use Case #2: Registration of 1.2 Billion Citizens
                    5.5.1.3 Use Case #3: Biometrics for Patient Identification
                    5.5.1.4 Use Case #4: Effective Voter Registration Solution for Improved Accuracy
                    5.5.1.5 Use Case #5: Biometrics in Jail Management
                    5.5.1.6 Use Case #6: Enhanced Security Through Palm Vein Biometric Authentication

6 Biometrics-as-a-Service Market Analysis, By Modality Type (Page No. - 38)
    6.1 Introduction
    6.2 Unimodal
           6.2.1 Fingerprint Scanning
           6.2.2 Facial Recognition
           6.2.3 IRIS Recognition
           6.2.4 Voice Recognition
           6.2.5 Palm and Vein Recognition
           6.2.6 Others
    6.3 Multimodal

7 Market Analysis, By Application (Page No. - 47)
    7.1 Introduction
    7.2 Mobile Banking, Payments, and Authentication
    7.3 Identity Proofing and Credentialing
    7.4 Law Enforcement and Border Control
    7.5 Civil Identity and Elections
    7.6 Workforce Management
    7.7 Others

8 Biometrics-as-a-Service Market Analysis, By Deployment Model (Page No. - 55)
    8.1 Introduction
    8.2 Public Cloud
    8.3 Private Cloud
    8.4 Hybrid Cloud

9 Market Analysis, By Organization Size (Page No. - 60)
    9.1 Introduction
    9.2 Small and Medium-Sized Enterprises
    9.3 Large Enterprises

10 Biometrics-as-a-Service Market Analysis, By Industry (Page No. - 64)
     10.1 Introduction
     10.2 Banking, Financial Services, and Insurance
     10.3 Telecommunication and Ites
     10.4 Government and Defense
     10.5 Healthcare
     10.6 Travel and Hospitality
     10.7 Retail
     10.8 Media and Entertainment
     10.9 Education
     10.10 Others

11 Geographic Analysis (Page No. - 75)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia Pacific
     11.5 Middle East and Africa
     11.6 Latin America

12 Company Profiles (Page No. - 95)
     12.1 Fujitsu
(Overview, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments)*
     12.2 Idemia
     12.3 Aware, Inc.
     12.4 Leidos
     12.5 M2sys
     12.6 Iritech
     12.7 Smilepass
     12.8 Certibio
     12.9 Hypr
     12.10 Bioid
     12.11 Accenture
     12.12 Fulcrum Biometrics

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 124)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (68 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Evaluation Criteria
Table 3 Global Market: Assumptions
Table 4 Biometrics-as-a-Service Market Size, By Modality Type, 2015–2022 (USD Million)
Table 5 Unimodal: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Unimodal: Market Size, By Type, 2015–2022 (USD Million)
Table 7 Fingerprint Scanning Market Size, By Region, 2015–2022 (USD Million)
Table 8 Facial Recognition Market Size, By Region, 2015–2022 (USD Million)
Table 9 IRIS Recognition Market Size, By Region, 2015–2022 (USD Million)
Table 10 Voice Recognition Market Size, By Region, 2015–2022 (USD Million)
Table 11 Palm and Vein Recognition Market Size, By Region, 2015–2022 (USD Million)
Table 12 Other Unimodal Types Market Size, By Region, 2015–2022 (USD Million)
Table 13 Multimodal: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Biometrics-as-a-Service Market Size, By Application, 2015–2022 (USD Million)
Table 15 Mobile Banking, Payments, and Authentication: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Identity Proofing and Credentialing: Market Size, By Region, 2015–2022 (USD Million)
Table 17 Law Enforcement and Border Control: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Civil Identity and Elections: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Workforce Management: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Biometrics-as-a-Service Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 22 Public Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Private Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Hybrid Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Biometrics-as-a-Service Market Size, By Organization Size, 2015–2022 (USD Million)
Table 26 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Biometrics-as-a-Service Market Size, By Industry, 2015–2022 (USD Million)
Table 29 Banking, Financial Services, and Insurance: Market, By Region, 2015–2022 (USD Million)
Table 30 Telecommunication and Ites: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Government and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 32 Healthcare: Market Size, By Region, 2015–2022 (USD Million)
Table 33 Travel and Hospitality: Market Size, By Region, 2015–2022 (USD Million)
Table 34 Retail: Market Size, By Region, 2015–2022 (USD Million)
Table 35 Media and Entertainment: Market Size, By Region, 2015–2022 (USD Million)
Table 36 Education: Market Size, By Region, 2015–2022 (USD Million)
Table 37 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 38 Biometrics-as-a-Service Market Size, By Region, 2015–2022 (USD Million)
Table 39 North America: Market Size, By Modality Type, 2015–2022 (USD Million)
Table 40 North America: Market Size, By Unimodal Type, 2015–2022 (USD Million)
Table 41 North America: Market Size, By Application, 2015–2022 (USD Million)
Table 42 North America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 43 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 44 North America: Market Size, By Industry, 2015–2022 (USD Million)
Table 45 Europe: Biometrics-as-a-Service Market Size, By Modality Type, 2015–2022 (USD Million)
Table 46 Europe: Market Size, By Unimodal Type, 2015–2022 (USD Million)
Table 47 Europe: Market Size, By Application, 2015–2022 (USD Million)
Table 48 Europe: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 49 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 50 Europe: Market Size, By Industry, 2015–2022 (USD Million)
Table 51 Asia Pacific: Biometrics-as-a-Service Market Size, By Modality Type, 2015–2022 (USD Million)
Table 52 Asia Pacific: Market Size, By Unimodal Type, 2015–2022 (USD Million)
Table 53 Asia Pacific: Market Size, By Application, 2015–2022 (USD Million)
Table 54 Asia Pacific: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 55 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 56 Asia Pacific: Market Size, By Industry, 2015–2022 (USD Million)
Table 57 Middle East and Africa: Biometrics-as-a-Service Market Size, By Modality Type, 2015–2022 (USD Million)
Table 58 Middle East and Africa: Market Size, By Unimodal Type, 2015–2022 (USD Million)
Table 59 Middle East and Africa: Market Size, By Application, 2015–2022 (USD Million)
Table 60 Middle East and Africa: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 61 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 62 Middle East and Africa: Market Size, By Industry, 2015–2022 (USD Million)
Table 63 Latin America: Biometrics-as-a-Service Market Size, By Modality Type, 2015–2022 (USD Million)
Table 64 Latin America: Market Size, By Unimodal Type, 2015–2022 (USD Million)
Table 65 Latin America: Market Size, By Application, 2015–2022 (USD Million)
Table 66 Latin America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 67 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 68 Latin America: Market Size, By Industry, 2015–2022 (USD Million)


List of Figures (27 Figures)

Figure 1 Global Biometrics-as-a-Service Market: Market Segmentation
Figure 2 Biometrics-as-a-Service Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 North America is Estimated to Hold the Largest Market Share in 2017
Figure 7 Multimodal Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 8 Hybrid Cloud Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 Increasing Requirement for Efficient and Cost-Effective Security Capabilities is Expected to Fuel the Growth of the Biometrics-as-a-Service Market
Figure 10 Civil Identity and Elections Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 Banking, Financial Services, and Insurance Industry, and North America are Estimated to Hold the Largest Market Shares in 2017
Figure 12 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 13 The Market has Immense Opportunities for Growth in Asia Pacific
Figure 14 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 15 Multimodal Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 16 IRIS Recognition Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Civil Identity and Elections Application is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 18 Hybrid Cloud Deployment Model is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 20 Government and Defense Industry is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Regional Snapshot: North America is Expected to Hold the Largest Market Share By 2022
Figure 22 North America: Market Snapshot
Figure 23 Asia Pacific: Market Snapshot
Figure 24 Fujitsu: Company Snapshot
Figure 25 Aware, Inc.: Company Snapshot
Figure 26 Leidos: Company Snapshot
Figure 27 Accenture: Company Snapshot

The global biometrics-as-a-service market is expected to grow from USD 838.0 Million in 2017 to USD 2,972.8 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 28.82%. Biometrics-as-a-service deals with offering capabilities such as biometrics onboarding, duplicate checking, and authentication-as-a-service over the internet, through a cloud based infrastructure. The biometric services capture both physiological and behavioral aspects of human beings, thus providing authentication based on fingerprint, face, iris, voice, and vein, among others. These services are witnessing a rise in demand as they are finding utility in identification and verification applications from industries such as Banking, Financial Services, and Insurance (BFSI), government, and retail.

This report provides detailed insights into the biometrics-as-a-service market, split across various regions, segments, and industries. The market is segmented on the basis of modality types into unimodal and multimodal. The unimodal segment includes fingerprint scanning, facial recognition, iris recognition, voice recognition, palm, and vein recognition, and others (DNA and signature recognition). The applications considered for the market include mobile banking, payments, and authentication; identity proofing and credentialing; law enforcement and border control; civil identity and elections; workforce management; and others (account recovery, de-duplication, and access control). The deployment model for the biometrics-as-a-service market consists of public cloud, private cloud, and hybrid cloud deployments. The market is also segmented on the basis of organization sizes into Small and Medium-sized Enterprises (SMEs) and large enterprises. The large enterprises segment is expected to have the larger market size, due to high demand for scalable infrastructure to secure their facilities. The growing security threats across the globe and the increasing usage of mobile devices are expected to create significant demand for biometrics-as-a-service solutions and fuel the growth of the market.

Biometrics as a Service Market

The report covers all the major aspects of the biometrics-as-a-service market and provides an in-depth analysis across the regions of North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The market in North America is expected to have the largest market share, due to the presence of major vendors, and increasing adoption of associated services. The APAC region is expected to provide several opportunities in the market and is projected to grow at the highest CAGR during the forecast period.

However, biometrics-as-a-service stores the biometric data on the cloud and concerns related to the security of this data may act as a restraining factor for the market growth. Various vendors provide biometrics-as-a-service solutions to help enterprises reduce their Capital Expenditure (CAPEX). Aware, Inc. (US) is one of the major vendors that offer biometrics-as-a-service solutions. The company is extensively focused on providing biometric solutions that are cost-effective and secure. Other vendors in the biometrics-as-a-service market include Fujitsu (Japan), BioID (Switzerland), HYPR (US), M2SYS (US), OT-Morpho (France), SUPREMA (South Korea), Leidos (US), CERTIFY GLOBAL (US), ImageWare Systems (US), IriTech (US), SkyBiometry (Lithuania), Polygon Innovation (Portugal), RightPatient (US), VoiceIt Technologies (US), Athena Sciences Corporation (US), SmilePass (UK), BYTES TECHNOLOGY GROUP-Bytes SI (South Africa), SecurAX (India), Accenture (Ireland), Fulcrum Biometrics (US), AimBrain (UK), Certibio (Brazil), VoicePIN.com (Poland), and SpeechPro (US). These market players have adopted various strategies, such as partnerships, collaborations, and expansions, to remain competitive in the market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Information Security Markets on KnowledgeStore
Request Demo