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List of Figures
Figure 1. Research Method Flow Chart
Figure 2. Breakdown of Primary Research
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2030
Figure 5. Global BaaS Market, 2020-2030, $ mn
Figure 6. Basic Modes of Biometric Systems
Figure 7. Required Characteristics of BaaS
Figure 8. Primary Drivers and Impact Factors of Global BaaS Market
Figure 9. World Mobile Payment Market
Figure 10. Primary Restraints and Impact Factors of Global BaaS Market
Figure 11. Investment Opportunity Analysis
Figure 12. Porter’s Fiver Forces Analysis of Global BaaS Market
Figure 13. Breakdown of Global BaaS Market by Offering, 2020-2030, % of Revenue
Figure 14. Global Addressable Market Cap in 2020-2030 by Offering, Value ($ mn) and Share (%)
Figure 15. Global BaaS Market: Solutions, 2020-2030, $ mn
Figure 16. Global BaaS Market: Software, 2020-2030, $ mn
Figure 17. Breakdown of Global BaaS Market by Modality, 2020-2030, % of Revenue
Figure 18. Global Addressable Market Cap in 2020-2030 by Modality, Value ($ mn) and Share (%)
Figure 19. Global BaaS Market: Unimodal BaaS, 2020-2030, $ mn
Figure 20. Global BaaS Market: Multimodal Baas, 2020-2030, $ mn
Figure 21. Breakdown of Global BaaS Market by Technology, 2020-2030, % of Sales Revenue
Figure 22. Global Addressable Market Cap in 2020-2030 by Technology, Value ($ mn) and Share (%)
Figure 23. Global BaaS Market: Fingerprint Recognition, 2020-2030, $ mn
Figure 24. Global BaaS Market: Voice Recognition, 2020-2030, $ mn
Figure 25. Global BaaS Market: Signature Recognition, 2020-2030, $ mn
Figure 26. Global BaaS Market: Iris Recognition, 2020-2030, $ mn
Figure 27. Global BaaS Market: Palm/Hand Recognition, 2020-2030, $ mn
Figure 28. Global BaaS Market: Face Recognition, 2020-2030, $ mn
Figure 29. Global BaaS Market: Behavior Recognition, 2020-2030, $ mn
Figure 30. Global BaaS Market: Other Technologies, 2020-2030, $ mn
Figure 31. Breakdown of Global BaaS Market by Enterprise Size, 2020-2030, % of Sales Revenue
Figure 32. Global Addressable Market Cap in 2020-2030 by Enterprise Size, Value ($ mn) and Share (%)
Figure 33. Global BaaS Market: SMEs, 2020-2030, $ mn
Figure 34. Global BaaS Market: Large Enterprises, 2020-2030, $ mn
Figure 35. Breakdown of Global BaaS Market by Deployment Mode, 2020-2030, % of Revenue
Figure 36. Global Addressable Market Cap in 2020-2030 by Deployment Mode, Value ($ mn) and Share (%)
Figure 37. Global BaaS Market: On-Premise BaaS, 2020-2030, $ mn
Figure 38. Global BaaS Market: On-Cloud BaaS, 2020-2030, $ mn
Figure 39. Breakdown of Global Market by End User, 2020-2030, % of Revenue
Figure 40. Global Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%)
Figure 41. Global BaaS Market: Government, 2020-2030, $ mn
Figure 42. Global BaaS Market: Travel, 2020-2030, $ mn
Figure 43. Global BaaS Market: BFSI, 2020-2030, $ mn
Figure 44. Global BaaS Market: Healthcare, 2020-2030, $ mn
Figure 45. Global BaaS Market: E-commerce & Retail, 2020-2030, $ mn
Figure 46. Global BaaS Market: Defense, 2020-2030, $ mn
Figure 47. Global BaaS Market: IT & Telecommunication, 2020-2030, $ mn
Figure 48. Global BaaS Market: Other End-Users, 2020-2030, $ mn
Figure 49. Global Market Snapshot by Region
Figure 50. Geographic Spread of Worldwide BaaS Market, 2020-2030, % of Sales Revenue
Figure 51. Global Addressable Market Cap in 2020-2030 by Region, Value ($ mn) and Share (%)
Figure 52. North American BaaS Market, 2020-2030, $ mn
Figure 53. Breakdown of North America BaaS Market by Country, 2020 and 2030, % of Revenue
Figure 54. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 55. U.S. BaaS Market, 2020-2030, $ mn
Figure 56. Canada BaaS Market, 2020-2030, $ mn
Figure 57. BaaS Market in Mexico, 2015-2026, $ mn
Figure 58. European BaaS Market, 2020-2030, $ mn
Figure 59. Breakdown of European BaaS Market by Country, 2020 and 2030, % of Revenue
Figure 60. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 61. BaaS Market in Germany, 2020-2030, $ mn
Figure 62. BaaS Market in UK, 2020-2030, $ mn
Figure 63. BaaS Market in France, 2020-2030, $ mn
Figure 64. BaaS Market in Spain, 2020-2030, $ mn
Figure 65. BaaS Market in Italy, 2020-2030, $ mn
Figure 66. BaaS Market in Russia, 2020-2030, $ mn
Figure 67. BaaS Market in Rest of Europe, 2020-2030, $ mn
Figure 68. Asia-Pacific BaaS Market, 2020-2030, $ mn
Figure 69. Breakdown of APAC BaaS Market by Country, 2020 and 2030, % of Revenue
Figure 70. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 71. BaaS Market in Japan, 2020-2030, $ mn
Figure 72. BaaS Market in China, 2020-2030, $ mn
Figure 73. BaaS Market in Australia, 2020-2030, $ mn
Figure 74. BaaS Market in India, 2020-2030, $ mn
Figure 75. BaaS Market in South Korea, 2020-2030, $ mn
Figure 76. BaaS Market in Rest of APAC, 2020-2030, $ mn
Figure 77. South America BaaS Market, 2020-2030, $ mn
Figure 78. Breakdown of South America BaaS Market by Country, 2020 and 2030, % of Revenue
Figure 79. Contribution to South America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 80. BaaS Market in Argentina, 2020-2030, $ mn
Figure 81. BaaS Market in Brazil, 2020-2030, $ mn
Figure 82. BaaS Market in Chile, 2020-2030, $ mn
Figure 83. BaaS Market in Rest of South America, 2020-2030, $ mn
Figure 84. BaaS Market in Rest of the World (RoW), 2020-2030, $ mn
Figure 85. Breakdown of RoW BaaS Market by Country, 2020 and 2030, % of Revenue
Figure 86. Contribution to RoW 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 87. BaaS Market in UAE, 2020-2030, $ mn
Figure 88. BaaS Market in Saudi Arabia, 2020-2030, $ mn
Figure 89. BaaS Market in South Africa, 2020-2030, $ mn
Figure 90. Growth Stage of Global BaaS Industry over the Forecast Period
List of Tables
Table 1. Snapshot of Global BaaS Market, 2020-2030
Table 2. Main Product Trends and Market Opportunities in Global BaaS Market
Table 3. Global BaaS Market by Offering, 2020-2030, $ mn
Table 4. Global BaaS Market by Modality, 2020-2030, $ mn
Table 5. Global BaaS Market by Technology, 2020-2030, $ mn
Table 6. Global BaaS Market: Fingerprint Recognition by Type, 2020-2030, $ mn
Table 7. Global BaaS Market by Enterprise Size, 2020-2030, $ mn
Table 8. Global BaaS Market by Deployment Mode, 2020-2030, $ mn
Table 9. Global Market by End User, 2020-2030, $ mn
Table 10. Global BaaS Market by Region, 2020-2030, $ mn
Table 11. Leading National BaaS Market, 2020 and 2030, $ mn
Table 12. North America BaaS Market by Country, 2020-2030, $ mn
Table 13. U.S. BaaS Market by Modality, 2020-2030, $ mn
Table 14. U.S. BaaS Market by Technology, 2020-2030, $ mn
Table 15. U.S. BaaS Market by End User, 2020-2030, $ mn
Table 16. Canada BaaS Market by Modality, 2020-2030, $ mn
Table 17. Canada BaaS Market by Technology, 2020-2030, $ mn
Table 18. Canada BaaS Market by End User, 2020-2030, $ mn
Table 19. Mexico BaaS Market by Modality, 2020-2030, $ mn
Table 20. Mexico BaaS Market by Technology, 2020-2030, $ mn
Table 21. Mexico BaaS Market by End User, 2020-2030, $ mn
Table 22. Europe BaaS Market by Country, 2020-2030, $ mn
Table 23. Germany BaaS Market by Modality, 2020-2030, $ mn
Table 24. Germany BaaS Market by Technology, 2020-2030, $ mn
Table 25. Germany BaaS Market by End User, 2020-2030, $ mn
Table 26. UK BaaS Market by Modality, 2020-2030, $ mn
Table 27. UK BaaS Market by Technology, 2020-2030, $ mn
Table 28. UK BaaS Market by End User, 2020-2030, $ mn
Table 29. France BaaS Market by Modality, 2020-2030, $ mn
Table 30. France BaaS Market by Technology, 2020-2030, $ mn
Table 31. France BaaS Market by End User, 2020-2030, $ mn
Table 32. Spain BaaS Market by Modality, 2020-2030, $ mn
Table 33. Spain BaaS Market by Technology, 2020-2030, $ mn
Table 34. Spain BaaS Market by End User, 2020-2030, $ mn
Table 35. Italy BaaS Market by Modality, 2020-2030, $ mn
Table 36. Italy BaaS Market by Technology, 2020-2030, $ mn
Table 37. Italy BaaS Market by End User, 2020-2030, $ mn
Table 38. Russia BaaS Market by Modality, 2020-2030, $ mn
Table 39. Russia BaaS Market by Technology, 2020-2030, $ mn
Table 40. Russia BaaS Market by End User, 2020-2030, $ mn
Table 41. BaaS Market in Rest of Europe by Country, 2020-2030, $ mn
Table 42. APAC BaaS Market by Country, 2020-2030, $ mn
Table 43. Japan BaaS Market by Modality, 2020-2030, $ mn
Table 44. Japan BaaS Market by Technology, 2020-2030, $ mn
Table 45. Japan BaaS Market by End User, 2020-2030, $ mn
Table 46. China BaaS Market by Modality, 2020-2030, $ mn
Table 47. China BaaS Market by Technology, 2020-2030, $ mn
Table 48. China BaaS Market by End User, 2020-2030, $ mn
Table 49. Australia BaaS Market by Modality, 2020-2030, $ mn
Table 50. Australia BaaS Market by Technology, 2020-2030, $ mn
Table 51. Australia BaaS Market by End User, 2020-2030, $ mn
Table 52. India BaaS Market by Modality, 2020-2030, $ mn
Table 53. India BaaS Market by Technology, 2020-2030, $ mn
Table 54. India BaaS Market by End User, 2020-2030, $ mn
Table 55. South Korea BaaS Market by Modality, 2020-2030, $ mn
Table 56. South Korea BaaS Market by Technology, 2020-2030, $ mn
Table 57. South Korea BaaS Market by End User, 2020-2030, $ mn
Table 58. BaaS Market in Rest of APAC by Country, 2020-2030, $ mn
Table 59. South America BaaS Market by Country, 2020-2030, $ mn
Table 60. Argentina BaaS Market by Modality, 2020-2030, $ mn
Table 61. Argentina BaaS Market by Technology, 2020-2030, $ mn
Table 62. Argentina BaaS Market by End User, 2020-2030, $ mn
Table 63. Brazil BaaS Market by Modality, 2020-2030, $ mn
Table 64. Brazil BaaS Market by Technology, 2020-2030, $ mn
Table 65. Brazil BaaS Market by End User, 2020-2030, $ mn
Table 66. Chile BaaS Market by Modality, 2020-2030, $ mn
Table 67. Chile BaaS Market by Technology, 2020-2030, $ mn
Table 68. Chile BaaS Market by End User, 2020-2030, $ mn
Table 69. RoW BaaS Market by Country, 2020-2030, $ mn
Table 70. UAE BaaS Market by Modality, 2020-2030, $ mn
Table 71. UAE BaaS Market by Technology, 2020-2030, $ mn
Table 72. UAE BaaS Market by End User, 2020-2030, $ mn
Table 73. Saudi Arabia BaaS Market by Modality, 2020-2030, $ mn
Table 74. Saudi Arabia BaaS Market by Technology, 2020-2030, $ mn
Table 75. Saudi Arabia BaaS Market by End User, 2020-2030, $ mn
Table 76. South Africa BaaS Market by Modality, 2020-2030, $ mn
Table 77. South Africa BaaS Market by Technology, 2020-2030, $ mn
Table 78. South Africa BaaS Market by End User, 2020-2030, $ mn
Table 79. Accenture PLC: Company Snapshot
Table 80. Accenture PLC: Business Segmentation
Table 81. Accenture PLC: Product Portfolio
Table 82. Accenture PLC: Revenue, 2018-2021, $ mn
Table 83. Accenture PLC: Recent Developments
Table 84. Risk Evaluation for Investing in Global Market, 2020-2030
Table 85. Critical Success Factors and Key Takeaways
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Global biometrics-as-a-service (BaaS) market will reach $10.40 billion by 2030, growing by 16.2% annually over 2020-2030 owing to the rising need for biometrics service and technology. An effective replacement for conventional biometric software models is biometric-as-a-service (BaaS). The technology makes biometric deployment and use possible for many kinds of businesses. With BaaS, users can begin implementing facial recognition and fingerprint scanning to record these facts about clients and staff, as well as to thwart potential fraud, improve customer service, and streamline operations without having to spend a lot of money, time, or resources on software acquisition and integration. Technology advancements, together with an increase in demand for biometric-as-a-service technology in a variety of industries, including automotive, commercial buildings, defence & security, and consumer electronics, are fueling the expansion of the biometric-as-a-service market. BaaS is useful in a variety of settings, including data centres, nuclear reactor sites, research and development facilities, and more. The BaaS industry is expected to develop in the future due to service expansion and rising need for more complete security, both offline and online. In order to improve capabilities and technologies and get absorbed on a service provider's whole biometrics infrastructure, businesses are working on integrating biometrics with the cloud. Mobile devices and allied industries are using consumer biometrics more frequently, and demand is particularly high for device security and access control. For instance, WhatsApp introduced a new privacy feature for Android users. It enables users to protect their accounts using fingerprint sensors for biometric authentication. The anonymity connected with SIM card purchases is eliminated by biometric registration. A person will have to register their fingerprint with the telecom services provider each time they want to buy a card. If someone uses the associated number to perform any crime, this will make it easier to identify them. This is especially useful in regions of the world where reselling SIM cards to people or organisations involved in terrorism, Internet fraud, or kidnapping is a problem. Biometrics are effective and allow for quick registration. They also let service providers recognise when an illegal user or person is abusing a connection. For instance, in March 2020, the Nigerian Compliance Monitoring and Enforcement team had 9.2 million incorrectly registered SIM cards on mobile networks. One of the key trends witnessed in the market studied is a model shift in business discourse toward more privacy and fewer security threats. The end-users are increasingly expecting for integrated solutions, rather than depending on traditional methods. Consumer biometric applications have expanded rapidly over the recent years, with increased adoption of mobile devices. The global biometrics demand is anticipated to develop at a significant growth rate, owing to the rising number of terrorist activities, the increasing theft activities about crucial data, and information that have raised concerns regarding national security. Significant factors, such as growth in the e-passport program, government support, and extensive use in criminal identification, are expected to drive the market’s growth over the forecast period majorly.
Covid-19 Impact on Biometrics
Global businesses have experienced changes of a similar scope as a result of the COVID-19 pandemic outbreak and the global response to it. COVID-19 is anticipated to have both serious short-term consequences and a potential long-term effect. Technologies like biometrics, artificial intelligence (AI), and machine learning (ML) are anticipated to be crucial in the fight against this pandemic. In order to stop the spread of COVID-19, biometric systems have been widely used throughout the world as a critical tool for early detection, patient screening, and public safety monitoring. Biometrics are being swiftly incorporated into protocols for the prevention and control of infectious diseases in key industries like surveillance, border control, law enforcement, healthcare, and biotechnologies. In order to identify people who are not wearing protective masks, face recognition and surveillance activities are being enhanced. Additionally, AI algorithms are being improved in order to correctly recognise people even while they are hiding behind masks. Industry analysts predict that after the COVID-19 epidemic, touchless biometric identification technologies like facial and iris recognition will gain significant acceptance. Since the likelihood of COVID-19 spreading increases when touch-based technologies like vein and fingerprint recognition are used, these technologies have already begun to acquire popularity on a global scale. To stop the spread of COVID-19, numerous governments, law enforcement organisations, etc. have already abandoned touch-based biometric authentication and embraced touchless biometric authentication methods. Hence Innovating contactless biometrics authentication methods requires pushing the boundaries of AI and ML technologies and algorithms. Systems that can evaluate behavioural patterns and emotional/psychological states to monitor, predict, and prepare for any anomalous incident are also predicted to gain traction in the near future. These systems include temperature and fever detection systems.
Highlighted with 85 tables and 90 figures, this 181-page report “Global Biometrics- as-a-Service (BaaS) Market 2020-2030 by Offering, Modality, Technology, Enterprise Size, Deployment Mode, End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global biometrics-as-a-service market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global biometrics-as-a-service market in every aspect of the classification from perspectives of Offering, Modality, Technology, Enterprise Size, Deployment Mode, End User, and Region.
By Offering
• Solutions
• Service
By Modality
• Unimodal BaaS
• Multimodal Baas
By Technology
• Fingerprint Recognition
• Voice Recognition
• Signature Recognition
• Iris Recognition
• Palm/Hand Recognition
• Face Recognition
• Behavior Recognition
• Other Technologies
By Enterprise Size
• SMEs
• Large Enterprises
By Deployment Mode
• On-Premise BaaS
• On-Cloud BaaS
By End User
• Government
• Travel
• BFSI
• Healthcare
• E-commerce & Retail
• Defense
• IT & Telecommunication
• Other End-Users
By Geography
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• Rest of the World (Saudi Arabia, UAE, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Modality, Technology, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global biometrics-as-a-service market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request): Accenture PLC,Aware Inc., BioEnable Technologies Pvt. Ltd, BioID Technology, Certibio, Fingerprint Cards Ab, Fujitsu Limited, Fulcrum Biometrics, LLC, HYPR Corp., IDEMIA France SAS, ImageWare Systems Inc., IriTech Inc., Leidos Holdings Inc., M2SYS Technology, Mobbeel Solutions S.L.L., MorphoTrust USA, NEC Corp., Nuance Communications Inc., Phonexia SRO, Precise Biometrics AB, Secur-eye, SIC Biometrics, Inc., SmilePass Ltd.,
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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