Biometric-as-a-Service Market

Biometric-as-a-Service Market by Application Area (Government and Defense, Financial Services, Healthcare, Law Enforcement, and Human Resources), Modality (Unimodal and Multimodal), Offering (Solution and Services), and Region - Global Forecast to 2024

Report Code: TC 5616 Jun, 2019, by

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[68 pages Report] MarketsandMarkets forecasts the global biometric-as-a-service market size to grow from USD  1.2 billion in 2019 to USD  2.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 17.0% during 2019–2024. Major growth drivers for the market include increasing users and data-security initiatives by government, growing usage of mobile devices, and increasing demand for robust fraud detection and prevention systems.

Biometrics as a Service Market

Services segment to grow at a higher CAGR during the forecast period

In the biometric-as-a-service market by offerings, the services segment is expected to grow at a higher CAGR during the forecast period. Services are mostly support services for upgradation or maintenance, which are either a part of the subscription plan or a standalone service. Additionally, services revenues are mostly derived from integration services with complex enterprise applications.

Unimodal segment to hold a larger market size during the forecast period

Unimodal solutions are easy to deploy and less complex than multimodal technologies. However, unimodal technologies are more vulnerable to threats, such as spoofing, and are not as reliable as multimodal systems. These systems are therefore deployed in industries where high levels of security and reliability are not required.

Biometrics as a Service Market

North America to hold the largest market size during the forecast period

North America is expected to contribute the highest market share, in terms of revenues during the forecast period as it is a technologically advanced region, with a high number of early adopters and the presence of major market players. Factors such as large-scale funded programs and employee access monitoring in buildings are driving the revenue growth in this region.

Key Biometric-as-a-Service Market Players

Major vendors in the global market include NEC (Japan), Aware (US), Fujitsu (Japan), Nuance (US), Leidos (US), Idemia (France), M2SYS (US), Smilepass (UK), Certibio (Brazil), HYPR (US), BioID (Germany), Accenture (Ireland), Fulcrum Biometrics (US), and Phonexia (US).

Nuance is a well-established voice biometrics solution and Natural Language Understanding (NLU) solutions provider with a wide geographic presence. The company's segments include healthcare, enterprise, automotive, and imaging. It caters to multiple verticals, such as financial services, government, healthcare, legal, manufacturing, education, and logistics. The company has expanded its biometrics solution portfolio with the addition of behavioural biometrics solutions by partnering with BioCatch, a leading behavioural biometrics solutions provider. This partnership has enabled Nuance to offer multi-factor authentication solutions to customers.

Scope of the Biometric-as-a-Service Market Report

Report Metrics


Market size available for years


Base year considered


Forecast period


Forecast units

Billion (USD)

Segments covered

Application Area, Modality, Offering, and Region

Geographies covered

North America, Europe, APAC, MEA, and Latin America

Companies covered

NEC (Japan), Aware (US), Fujitsu (Japan), Nuance (US), Leidos (US), Idemia (France), M2SYS (US), Smilepass (UK), Certibio (Brazil), HYPR (US), BioID (Germany), Accenture (Ireland), Fulcrum Biometrics (US), and Phonexia (US)

The research report categorizes the biometric-as-a-service market based on application area, modality, offering, and regions.

Based on Application area, the market has the following segments:

  • Government and Defense
  • Financial Services
  • Healthcare
  • Law Enforcement
  • Human Resources
  • Others (Travel and Hospitality, Academia and Research, and Secured Enterprises/Institutions)

Based on Modality, the market has the following segments:

  • Unimodal
  • Multimodal

Based on Offering, the Biometric-as-a-Service Market has the following segments:

  • Solution
  • Services

Based on Regions, the market has the following segments:

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

Recent Developments

  • In May 2019, Fujitsu partnered with Kia to build a biometric-enabled police highway patrol vehicle with a critical information system integrated into the car. Under this partnership, Fujitsu would create a single action button for 3 features, namely, front of the gearstick control, emergency lights, and sirens by embedding its biometrics (Palm Secure) into the gearstick.
  • In April 2019, NEC partnered with Nagasaki University to establish a program on global health and biometric authentication for Nagasaki University’s Graduate School of Tropical Medicine and Global Health Studies.

Critical Questions the Report Answers

  • What are the current trends that are driving the biometric-as-a-service market?
  • In which application areas biometric-as-a-service can be deployed?
  • Where will all these developments take the industry in the mid to long-term?
  • Which companies are the top vendors in the market and what is their competitive analysis?
  • What are the drivers and challenges of the market?

Frequently Asked Questions (FAQ):

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

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Stakeholders
    1.3 Years Considered for the Study
    1.4 Market Definitions
    1.5 Segment Definitions

2 Research Methodology

3 Executive Summary
    3.1 Key Trends
    3.2 Geographic Insights
    3.3 Market Dynamics

4 Biometric-as-a-Service Market Analysis By Application Area
    4.1 Insights

5 Market Analysis By Modality
    5.1 Introduction

6 Biometric-as-a-Service Market Analysis By Offering
    6.1 Introduction
    6.2 Solution, By Type
    6.3 Solution, By Trait

7 Market Analysis By Region
    7.1 North America
    7.2 Europe
    7.3 Asia Pacific
    7.4 Latin America
    7.5 Middle East and Africa

8 Competitive Landscape
    8.1 Competitive Leadership Mapping

9 Company Profiles
    9.1 NEC
    9.2 Aware
    9.3 Fujitsu
    9.4 Nuance
    9.5 Leidos
    9.6 Idemia
    9.7 M2SYS
    9.8 Smilepass
    9.9 Certibio
    9.10 HYPR Corp
    9.11 BioID
    9.12 Accenture
    9.13 Fulcrum Biometrics
    9.14 Phonexia

10 Appendix
     10.1 Marketsandmarkets Knowledge Store: Snapshot
     10.2 Our Custom Research and Consulting
     10.3 List of Abbreviations
     10.4 Related Reports
     10.5 Disclaimer

List of Tables (5 Tables)

Table 1 North America: Biometric-as-a-Service Market, By Country (USD Million)
Table 2 Europe: Market By Country (USD Million)
Table 3 Asia Pacific: Market By Country (USD Million)
Table 4 Middle East and Africa: Market By Country (USD Million)
Table 5 Latin America: Biometric-as-a-Service Market, By Country (USD Million)
List of Figures (8 Figures)
Figure 1  Biometric-as-a-Service Market is Set to Grow Significantly Bolstered By Growing Demand for New Security and Authentication Services
Figure 2  Top 3 Application Areas By 2024 (USD Million)
Figure 3  Top 3 Solutions By 2024 (USD Million)
Figure 4  North America Currently Leads the Biometrics-as-a-Service Market, While APAC is Expected to Be the Leading Market By 2024
Figure 5  Biometric-as-a-Service Market: Drivers, Restraints, Opportunities, and Challenges
Figure 6  Market By Application Area, 2019–2024 (USD Million)
Figure 7  Market By Modality, 2019–2024 (USD Million)
Figure 8  Market By Offering, 2019–2024 (USD Million)

The study consists of 4 major activities to estimate the current market size of the biometric-as-a-service market. An extensive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the biometric-as-a-service market.

Secondary Research

In the secondary research process, various secondary sources, such as D&B Hoovers and Bloomberg BusinessWeek, have been referred to for identifying and collecting information for the study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles by recognized authors, gold standard and silver standard websites, Research and Development (R&D) organizations, regulatory bodies, and databases.

Primary Research

Various primary sources from both the supply and demand sides of the biometric-as-a-service market were interviewed to obtain qualitative and quantitative information for the study. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various vendors of biometric-as-a-service solutions, associated service providers, and system integrators operating in the targeted regions. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data. Following is the profile breakup of primary respondents:

Biometrics as a Service Market

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

Biometric-as-a-Service Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the biometric-as-a-service market. The methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the market were identified through extensive secondary research.
  • The market size, in terms of value, was determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups were determined using secondary sources and verified through primary sources.

Data Triangulation

With data triangulation and validation through primary interviews, the exact value of the overall parent market size was determined and confirmed using the study. The overall market size was then used in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segmentation.

Report Objectives

  • To define, describe, and forecast the size of the biometric-as-a-service market by application area, modality, offering, and region
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To study the complete value chain of the market
  • To analyze opportunities in the market for stakeholders by identifying the high growth segments of the biometric-as-a-service ecosystem
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
  • To analyze strategic approaches, such as product launches, acquisitions, contracts, agreements, and partnerships, in the market

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:

Product Analysis

  • Product matrix gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakup of the North American biometric-as-a-service market
  • Further breakup of the European market
  • Further breakup of the APAC market
  • Further breakup of the Latin American market
  • Further breakup of the MEA market

Company Information

  • Detailed analysis and profiling of additional market players up to 5

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Report Code
TC 5616
Published ON
Jun, 2019
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