Market Overview: Global Biometric-as-a-Service (BaaS) Market

According to the latest report from MarkNtel Advisors, the Global Biometric-as-a-Service (BaaS) Market according to which the market is likely to witness a CAGR of around 19.78% during the forecast period, 2022-27. The market research firm is renowned for assessing business performance, product portfolios, operational segments, and developments, providing stakeholders with precise market projections and estimates through a rigorous research process. The report includes a SWOT analysis for ROI feasibility, economic conditions, statistics, and variables supporting strategic market forecasts. Stakeholders receive accurate market insights for informed decision-making.

Possible Growth Restraint: Increasing Security & Privacy Concerns Due to Data Theft Incidences

Service providers need to be careful regarding the biometric authentication methods they use in order to prevent violations of customers' privacy or exposure of their personal information since this information could be stolen or lost if the cloud isn’t well-secured. Due to these reasons, consumers & enterprise organizations hesitate while adopting BaaS solutions.

According to Varonis, a US-based data security & insider threat detection company, around 10 million identities have got stolen since 2013, and nearly 64% of them occurred in the United States. Hence, increasing concerns over the security of biometric data stored in the cloud might challenge the Biometric as a Service Market growth during 2022-27.

Request Sample Report - https://www.marknteladvisors.com/query/request-sample/biometric-as-a-service-market.html

Our Report on the Biometric-as-a-Service (BaaS) Market Offers Insights into The Following Segments

Clients seeking to invest in this market must be fully aware of its lucrative segments in order to leverage maximum gain. Keeping this in mind, our analyst has categorized the market into numerous segments, based on several factors. These segments are usually based on Product or Service Type, Applications, End-Users, and Others, further sub-categorized for extended benefits. Our report covers each sub-segment and also identifies the one that holds the largest share or has dominated the market in the historical period. 

-By Component

  • Solutions
  • Services

-By End Users

  • Banking and Financial Services
  • Government
  • IT/ITES
  • Healthcare
  • Manufacturing
  • Energy & Utilities
  • Retail
  • Others (Transport, Entertainment, etc.)

-By Trait

  • Physiological
  • Behavioral

-By Organization Size

  • Small & Medium Enterprises
  • Large Enterprises

Read Full Report - https://www.marknteladvisors.com/research-library/biometric-as-a-service-market.html

Other than such categorization, our reports also locate the geographical areas that are either dominating the market in terms of size or volume or seem promising for the future. Based on demographics, consumer behavior, market supply and demand, and how the market performed in the past few years, the regional growth of the market among regions such as 

-By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Leading Biometric-as-a-Service (BaaS) Market Players and Their Vision

The report identifies the major players within the market and comprehensively analyses their business approach, patterns, advancements, and factory setup to predict their market presence for the next five years. The data provided after meticulous research has the potential to make even new entrants stand out in the long run. With the right set of data and actionable insights, our research report provides a holistic overview of the market, facilitating investors or stakeholders to put a strong foothold in the Biometric-as-a-Service (BaaS) market. The major players profiled in the research report, along with their net worth and valuation in USD, are,

  • Thales Group (Gemalto N.V.)
  • Leidos Holdings, Inc.
  • Fujitsu Ltd.
  • NEC Corporation
  • BioEngagable Technologies Pvt. Ltd
  • ImageWare Systems, Inc.
  • M2SYS Technology - KernellÓ Inc.
  • Mobbeel Solutions, S.L.L.
  • Aware, Inc.
  • IDEMIA France SAS
  • Clearview AI, Inc.
  • Bayometric
  • Amazon Inc
  • Microsoft Corporation
  • CERTIBIO
  • Others

In case you missed it, we are currently revising our reports. Click on the "request customization report" button to get the latest research data with forecast for the years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.

Need Further Assistance

In case you are interested in this Biometric-as-a-Service (BaaS) Market, look no further and visit our website now, where you will find not only the description of this particular report but also our recent press release, blogs, and more. You may also contact to our report experts or analysts in case of any doubt. We offer Excel Data Pack, Single User License, Multi User License, and Enterprise License. Place an order now to avail yourself of huge discounts and offers.

About Us

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Media Representative

Company Name: MarkNtel Advisors

Email: sales@marknteladvisors.com

Phone: +1 628 895 8081 +91 120 4268433