Biometric-as-a-Service Market Intelligence Report - Global Forecast to 2027

Biometric-as-a-Service Market Intelligence Report - Global Forecast to 2027

The Global Biometric-as-a-Service Market is projected to reach USD 5,575.35 million by 2027 from USD 2,443.72 million in 2021, at a CAGR 14.73% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Biometric-as-a-Service Market size was estimated at USD 895.64 million in 2021 and expected to reach USD 1,028.00 million in 2022, at a CAGR 14.76% to reach USD 2,046.32 million by 2027.
• The Asia-Pacific Biometric-as-a-Service Market size was estimated at USD 695.09 million in 2021 and expected to reach USD 794.00 million in 2022, at a CAGR 14.56% to reach USD 1,571.99 million by 2027.
• The Europe, Middle East & Africa Biometric-as-a-Service Market size was estimated at USD 852.98 million in 2021 and expected to reach USD 980.97 million in 2022, at a CAGR 14.84% to reach USD 1,957.03 million by 2027.

Market Segmentation & Coverage:

The report on biometric-as-a-service identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the biometric-as-a-service to forecast the revenues and analyze the trends in each of the following sub-markets:

Type:

• Behavioural Biometrics
• Physiological Biometrics
  • Face Recognition
  • Fingerprint
  • Iris Recognition
  • Palm Vein
  • Retina

Modality:

• Multimodal
• Unimodal

Industry:

• Banking & Finance
• Consumer Electronics
• Defense Services
• Government
• Healthcare
• Telecommunication & IT

Application:

• Civil Identity & Elections
• Identity Proofing & Credentialing
• Law Enforcement & Border Control
• Mobile Banking, Payments & Authentication
• Workforce Management

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Accenture plc
• Aculab
• Aware, Inc.
• Ayonix Corporation
• Bayometric Inc.
• BioID GmbH
• Fujitsu Limited
• Gemalto NV by Thales Digital
• HYPR Corp.
• Idemia
• Ipsidy, Inc.
• Iritech, Inc.
• Leidos Inc.
• LexisNexis Risk Solutions Inc.
• M2SYS Technology
• NEC Corporation
• Onfido
• Phonexia S.R.O.
• SkyBiometry
• TOC Biometrics
• Unisys Corporation

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 2,443.72 million

Estimated Year Value: USD 2,802.98 million

Forecast Year Value: USD 5,575.35 million

CAGR (%): 14.73%.

Please Note: PDF & Excel + Online Access - 1 Year