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. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2030
Figure 5. North America 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 North America BaaS Market
Figure 9. World Mobile Payment Market
Figure 10. Primary Restraints and Impact Factors of North America BaaS Market
Figure 11. Investment Opportunity Analysis
Figure 12. Porter’s Fiver Forces Analysis of North America BaaS Market
Figure 13. Breakdown of North America BaaS Market by Offering, 2020-2030, % of Revenue
Figure 14. North America Addressable Market Cap in 2020-2030 by Offering, Value ($ mn) and Share (%)
Figure 15. North America BaaS Market: Solutions, 2020-2030, $ mn
Figure 16. North America BaaS Market: Software, 2020-2030, $ mn
Figure 17. Breakdown of North America BaaS Market by Modality, 2020-2030, % of Revenue
Figure 18. North America Addressable Market Cap in 2020-2030 by Modality, Value ($ mn) and Share (%)
Figure 19. North America BaaS Market: Unimodal BaaS, 2020-2030, $ mn
Figure 20. North America BaaS Market: Multimodal Baas, 2020-2030, $ mn
Figure 21. Breakdown of North America BaaS Market by Technology, 2020-2030, % of Sales Revenue
Figure 22. North America Addressable Market Cap in 2020-2030 by Technology, Value ($ mn) and Share (%)
Figure 23. North America BaaS Market: Fingerprint Recognition, 2020-2030, $ mn
Figure 24. North America BaaS Market: Voice Recognition, 2020-2030, $ mn
Figure 25. North America BaaS Market: Signature Recognition, 2020-2030, $ mn
Figure 26. North America BaaS Market: Iris Recognition, 2020-2030, $ mn
Figure 27. North America BaaS Market: Palm/Hand Recognition, 2020-2030, $ mn
Figure 28. North America BaaS Market: Face Recognition, 2020-2030, $ mn
Figure 29. North America BaaS Market: Behavior Recognition, 2020-2030, $ mn
Figure 30. North America BaaS Market: Other Technologies, 2020-2030, $ mn
Figure 31. Breakdown of North America BaaS Market by Enterprise Size, 2020-2030, % of Sales Revenue
Figure 32. North America Addressable Market Cap in 2020-2030 by Enterprise Size, Value ($ mn) and Share (%)
Figure 33. North America BaaS Market: SMEs, 2020-2030, $ mn
Figure 34. North America BaaS Market: Large Enterprises, 2020-2030, $ mn
Figure 35. Breakdown of North America BaaS Market by Deployment Mode, 2020-2030, % of Revenue
Figure 36. North America Addressable Market Cap in 2020-2030 by Deployment Mode, Value ($ mn) and Share (%)
Figure 37. North America BaaS Market: On-Premise BaaS, 2020-2030, $ mn
Figure 38. North America BaaS Market: On-Cloud BaaS, 2020-2030, $ mn
Figure 39. Breakdown of North America Market by End User, 2020-2030, % of Revenue
Figure 40. North America Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%)
Figure 41. North America BaaS Market: Government, 2020-2030, $ mn
Figure 42. North America BaaS Market: Travel, 2020-2030, $ mn
Figure 43. North America BaaS Market: BFSI, 2020-2030, $ mn
Figure 44. North America BaaS Market: Healthcare, 2020-2030, $ mn
Figure 45. North America BaaS Market: E-commerce & Retail, 2020-2030, $ mn
Figure 46. North America BaaS Market: Defense, 2020-2030, $ mn
Figure 47. North America BaaS Market: IT & Telecommunication, 2020-2030, $ mn
Figure 48. North America BaaS Market: Other End-Users, 2020-2030, $ mn
Figure 49. Breakdown of North America BaaS Market by Country, 2020 and 2030, % of Revenue
Figure 50. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 51. U.S. BaaS Market, 2020-2030, $ mn
Figure 52. Canada BaaS Market, 2020-2030, $ mn
Figure 53. BaaS Market in Mexico, 2016-2027, $ mn
Figure 54. Growth Stage of North America BaaS Industry over the Forecast Period
List of Tables
Table 1. Snapshot of North America BaaS Market, 2020-2030
Table 2. Main Product Trends and Market Opportunities in North America BaaS Market
Table 3. North America BaaS Market by Offering, 2020-2030, $ mn
Table 4. North America BaaS Market by Modality, 2020-2030, $ mn
Table 5. North America BaaS Market by Technology, 2020-2030, $ mn
Table 6. North America BaaS Market: Fingerprint Recognition by Type, 2020-2030, $ mn
Table 7. North America BaaS Market by Enterprise Size, 2020-2030, $ mn
Table 8. North America BaaS Market by Deployment Mode, 2020-2030, $ mn
Table 9. North America Market by End User, 2020-2030, $ mn
Table 10. North America BaaS Market by Country, 2020-2030, $ mn
Table 11. U.S. BaaS Market by Modality, 2020-2030, $ mn
Table 12. U.S. BaaS Market by Technology, 2020-2030, $ mn
Table 13. U.S. BaaS Market by End User, 2020-2030, $ mn
Table 14. Canada BaaS Market by Modality, 2020-2030, $ mn
Table 15. Canada BaaS Market by Technology, 2020-2030, $ mn
Table 16. Canada BaaS Market by End User, 2020-2030, $ mn
Table 17. Mexico BaaS Market by Modality, 2020-2030, $ mn
Table 18. Mexico BaaS Market by Technology, 2020-2030, $ mn
Table 19. Mexico BaaS Market by End User, 2020-2030, $ mn
Table 20. Accenture PLC: Company Snapshot
Table 21. Accenture PLC: Business Segmentation
Table 22. Accenture PLC: Product Portfolio
Table 23. Accenture PLC: Revenue, 2018-2021, $ mn
Table 24. Accenture PLC: Recent Developments
Table 25. Risk Evaluation for Investing in North America Market, 2020-2030
Table 26. Critical Success Factors and Key Takeaways
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The term "biometrics-as-a-service" (BaaS) refers to a cloud-based programme that uses a person's biological and behavioural traits to identify and authenticate them. It is built on biometrics technology that accurately detects the user's presence through facial, voice, and eye contact. This makes it possible to use advanced biometric identification across the entire company, which helps to increase the security of the current organisational architecture. BaaS systems are more scalable, cost- and time-effective, and less vulnerable to fraud than the more common paper- and pin-based authentication methods. Modern BaaS solutions can be used for online and workspace administration, time tracking, and site and mobile access control. North America biometrics-as-a-service (BaaS) market is expected to grow by 15.8% annually in the forecast period and reach $3,493.75 million by 2030. One of the main factors contributing to the market's optimistic outlook is the expanding requirement for comprehensive authentication systems and the increasing acceptance of cloud-based services by businesses around the world. Organizations in both the public and private sectors are implementing cutting-edge BaaS solutions to thwart security breaches and identity theft. Additionally, the market growth is being boosted by the extensive use of these solutions in the banking, healthcare, and retail industries. For instance, financial service providers now provide mobile-based applications for highly sensitive digital wallets and virtual transactions that can only be accessed with the help of cutting-edge authentication technologies like voice or facial recognition and fingerprint scanning. Other growth-promoting aspects include numerous technological developments, such as the incorporation of BaaS with smartphones, tablets, and laptops. This makes it easier to do business in multi-device and location-neutral contexts. The market is anticipated to grow as a result of additional factors, such as rising urbanisation and the implementation of beneficial government programmes to improve national security. According to the Federal Trade Commission, identity theft in the payment and banking industries is quite common in the US, which will increase the use of high-tech identification services like biometrics. Mastercard wanted to offer biometric authentication services to each and every customer. Banks that accept Mastercard payments are now required to support this kind of identification. Therefore, the need for biometric systems would increase further if more BFSI industry participants adopted this approach. One of the main reasons why the US has been one of the early adopters of technology is the abundance of R&D activity there. The nation has long utilised biometric technologies for identity verification procedures and systems as well as authentication purposes. Biometrics have a vast market due to their wide range of applications, whether it be governmental entities or even global banks.
Covid-19 impact
Numerous sectors across the globe have been impacted by the COVID-19 outbreak and the worldwide lockdown, including the market under investigation. The adoption pattern for biometrics has significantly changed as a result of the recent COVID-19. The COVID-19 has created a significant market for non-contact sensing technologies. Touch-based technologies are losing market share, while touchless technologies are now overtaking them. Various end-users, including offices, hospitals, airports, and secure locations that rely on card readers, fingerprint readers, or manual processes, can all be seen using the trend. The market is also being driven by the steadily rising acceptance of non-contact biometric attendance in these applications. As many governmental organisations assert that there is a risk of infection via these frequently touched surfaces, the market has seen a significant fall in fingerprint recognition over the last three to four months.
The report titled,“North America Biometrics- as-a-Service (BaaS) Market 2020-2030 by Offering, Modality, Technology, Enterprise Size, Deployment Mode, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America 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 North America 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 North America biometrics-as-a-service market in every aspect of the classification from perspectives of Offering, Modality, Technology, Enterprise Size, Deployment Mode, End User, and Country.
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
• U.S.
• Canada
• Mexico
For each aforementioned country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown 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 North America 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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