Asia Pacific 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

Asia Pacific biometrics-as-a-service (BaaS) market will grow by 17.6% annually with a total addressable market cap of $18.38 billion over 2020-2030

Currently, the Asia Pacific biometrics market is expanding quickly. In access control systems, biometrics are used to authenticate users' physical and behavioural traits. The device database stores these details and compares them to give users secure access to systems, devices, or data. In the Asia Pacific region, biometrics systems, such as fingerprint mapping, facial recognition, and retina scan, are frequently used since they are dependable, accurate, quick, and secure. Asia Pacific biometrics-as-a-service (BaaS) market will grow by 17.6% annually with a total addressable market cap of $18.38 billion over 2020-2030. Apart from this, the rising adoption of biometrics security in cloud computing is anticipated to drive the market. On account of these factors, the market is expected to continue its robust growth during the forecast period The use of biometrics systems in many businesses is developing as a result of the increasing number of security breaches. They are becoming more used in business and governmental facilities, for instance, for digitising time and attendance systems. Additionally, the incorporation of biometrics into point-of-sale (POS) solutions aids in the management of transactions, cash flow, inventory, billing, and payroll for businesses. Additionally, the use of biometrics in e-passport and e-visa services to monitor illegal immigration, together with rising government spending on smart city projects in numerous nations, is fostering market expansion. The increase in demand for cost-effective solutions to access advanced biometrics capabilities, and surge in government initiatives for effective healthcare system accelerate the market growth. The integration of biometrics with point-of-sale (POS) solutions helps organizations manage transactions, inventory, cash flow, billing and payroll, and growing number of security threats further influence the market. Also High use in the healthcare, expansion of various end use industries and rapid digitization in healthcare sector positively affect the biometric as a service

While the above mentioned factors are helping the market, one of the biggest obstacles to the adoption of biometrics-as-a-service solutions is the integration of biometric infrastructure into the current systems. The purchase of new systems or the replacement of the current hardware and software may be necessary to integrate biometric technologies into the current system. Additionally, businesses must spend money and time using a Software Development Kit (SDK) to integrate biometric recognition functionality into their current systems and goods. Consumers and enterprise organizations are reluctant to integrate the biometrics-as-a-service systems with their organizations, as the storage of their biometric information is on the cloud. This information, stored on the cloud, can be stolen, lost, or otherwise compromised if the cloud is not secured enough .

COVID 19 IMPACT
The outbreak of COVID-19 pandemic and the global reaction to it has brought a change of a similar magnitude to the Asia Pacific businesses. COVID-19 is expected to have a potential long-term impact, along with some severe short-term implications. For responding to this pandemic, technologies such as biometrics, artificial intelligence (AI), and machine learning (ML) are expected to play a key role. Biometric systems have been broadly deployed worldwide as a key technology for early detection, patient screening & public safety monitoring for containing the spread of COVID-19. Key markets such as surveillance, border control, law enforcement, healthcare, and biotechnologies are rapidly introducing biometrics into infectious disease prevention and control protocols. Face recognition and surveillance operations are being updated with new screening software to detect individuals who are not wearing protective masks. Also, AI algorithms are being updated to overcome the challenge of correctly identifying individuals, even when they are wearing masks. According to the industry experts, touchless biometric identification technologies such as facial recognition and iris recognition are expected to gain huge traction post the COVID-19 pandemic. These technologies have already started gaining traction worldwide since using touch-based technologies such as fingerprint and vein recognition increase the chances of the spread of COVID-19. Various governments, law enforcement agencies, etc. have already gotten rid of touch-based biometrics authentication and adopted touchless biometric authentication technologies as a measure to contain the spread of COVID-19. re being updated with new screening software to detect individuals who are not wearing protective masks. According to the industry experts, touchless biometric identification technologies such as facial recognition and iris recognition are expected to gain huge traction post the COVID-19 pandemic. 


Highlighted with 33 tables and 57 figures, this 124-page report “Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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
     • Japan
     • China
     • South Korea
     • Australia
     • India
     • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

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 Asia Pacific 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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Table of Contents

  • 1. Introduction
  • 1.1. Industry Definition and Research Scope
  • 1.1.1. Industry Definition
  • 1.1.2. Research Scope
  • 1.2. Research Methodology
  • 1.2.1. Overview of Market Research Methodology
  • 1.2.2. Market Assumption
  • 1.2.3. Secondary Data
  • 1.2.4. Primary Data
  • 1.2.5. Data Filtration and Model Design
  • 1.2.6. Market Size/Share Estimation
  • 1.2.7. Research Limitations
  • 1.3. Executive Summary
  • 2. Market Overview and Dynamics
  • 2.1. Market Size and Forecast
  • 2.2. Major Growth Drivers
  • 2.3. Market Restraints and Challenges
  • 2.4. Emerging Opportunities and Market Trends
  • 2.5. Porter’s Fiver Forces Analysis
  • 3. Segmentation of Asia Pacific Market by Offering
  • 3.1. Market Overview by Offering
  • 3.2. Solutions
  • 3.3. Software
  • 4. Segmentation of Asia Pacific Market by Modality
  • 4.1. Market Overview by Modality
  • 4.2. Unimodal BaaS
  • 4.3. Multimodal Baas
  • 5. Segmentation of Asia Pacific Market by Technology
  • 5.1. Market Overview by Technology
  • 5.2. Fingerprint Recognition
  • 5.3. Voice Recognition
  • 5.4. Signature Recognition
  • 5.5. Iris Recognition
  • 5.6. Palm/Hand Recognition
  • 5.7. Face Recognition
  • 5.8. Behavior Recognition
  • 5.9. Other Technologies
  • 6. Segmentation of Asia Pacific Market by Enterprise Size
  • 6.1. Market Overview by Enterprise Size
  • 6.2. SMEs
  • 6.3. Large Enterprises
  • 7. Segmentation of Asia Pacific Market by Deployment Mode
  • 7.1. Market Overview by Deployment Mode
  • 7.2. On-Premise BaaS
  • 7.3. On-Cloud BaaS
  • 8. Segmentation of Asia Pacific Market by End User
  • 8.1. Market Overview by End User
  • 8.2. Government
  • 8.3. Travel
  • 8.4. BFSI
  • 8.5. Healthcare
  • 8.6. E-commerce & Retail
  • 8.7. Defense
  • 8.8. IT & Telecommunication
  • 8.9. Other End-Users
  • 9. Asia-Pacific Market 2019-2030 by Country
  • 9.1. Overview of Asia-Pacific Market
  • 9.2. Japan
  • 9.3. China
  • 9.4. Australia
  • 9.5. India
  • 9.6. South Korea
  • 9.7. Rest of APAC Region
  • 10. Competitive Landscape
  • 10.1. Overview of Key Vendors
  • 10.2. New Product Launch, Partnership, Investment, and M&A
  • 10.3. Company Profiles
  • 10.3.1. Accenture PLC
  • 10.3.2. Aware Inc.
  • 10.3.3. BioEnable Technologies Pvt. Ltd
  • 10.3.4. BioID Technology
  • 10.3.5. Certibio
  • 10.3.6. Fingerprint Cards Ab
  • 10.3.7. Fujitsu Limited
  • 10.3.8. Fulcrum Biometrics, LLC
  • 10.3.9. HYPR Corp.
  • 10.3.10. IDEMIA France SAS
  • 10.3.11. ImageWare Systems Inc.
  • 10.3.12. IriTech Inc.
  • 10.3.13. Leidos Holdings Inc.
  • 10.3.14. M2SYS Technology
  • 10.3.15. Mobbeel Solutions S.L.L.
  • 10.3.16. MorphoTrust USA
  • 10.3.17. NEC Corp.
  • 10.3.18. Nuance Communications Inc.
  • 10.3.19. Phonexia SRO
  • 10.3.20. Precise Biometrics AB
  • 10.3.21. Secur-eye
  • 10.3.22. SIC Biometrics, Inc.
  • 10.3.23. SmilePass Ltd.
  • 11. Investing in Asia Pacific Market: Risk Assessment and Management
  • 11.1. Risk Evaluation of Asia Pacific Market
  • 11.2. Critical Success Factors (CSFs)
  • Related Reports and Products

List of Tables

Table 1. Snapshot of Asia Pacific BaaS Market, 2020-2030
Table 2. Main Product Trends and Market Opportunities in Asia Pacific BaaS Market
Table 3. Asia Pacific BaaS Market by Offering, 2020-2030, $ mn
Table 4. Asia Pacific BaaS Market by Modality, 2020-2030, $ mn
Table 5. Asia Pacific BaaS Market by Technology, 2020-2030, $ mn
Table 6. Asia Pacific BaaS Market: Fingerprint Recognition by Type, 2020-2030, $ mn
Table 7. Asia Pacific BaaS Market by Enterprise Size, 2020-2030, $ mn
Table 8. Asia Pacific BaaS Market by Deployment Mode, 2020-2030, $ mn
Table 9. Asia Pacific Market by End User, 2020-2030, $ mn
Table 10. APAC BaaS Market by Country, 2020-2030, $ mn
Table 11. Japan BaaS Market by Modality, 2020-2030, $ mn
Table 12. Japan BaaS Market by Technology, 2020-2030, $ mn
Table 13. Japan BaaS Market by End User, 2020-2030, $ mn
Table 14. China BaaS Market by Modality, 2020-2030, $ mn
Table 15. China BaaS Market by Technology, 2020-2030, $ mn
Table 16. China BaaS Market by End User, 2020-2030, $ mn
Table 17. Australia BaaS Market by Modality, 2020-2030, $ mn
Table 18. Australia BaaS Market by Technology, 2020-2030, $ mn
Table 19. Australia BaaS Market by End User, 2020-2030, $ mn
Table 20. India BaaS Market by Modality, 2020-2030, $ mn
Table 21. India BaaS Market by Technology, 2020-2030, $ mn
Table 22. India BaaS Market by End User, 2020-2030, $ mn
Table 23. South Korea BaaS Market by Modality, 2020-2030, $ mn
Table 24. South Korea BaaS Market by Technology, 2020-2030, $ mn
Table 25. South Korea BaaS Market by End User, 2020-2030, $ mn
Table 26. BaaS Market in Rest of APAC by Country, 2020-2030, $ mn
Table 27. Accenture PLC: Company Snapshot
Table 28. Accenture PLC: Business Segmentation
Table 29. Accenture PLC: Product Portfolio
Table 30. Accenture PLC: Revenue, 2018-2021, $ mn
Table 31. Accenture PLC: Recent Developments
Table 32. Risk Evaluation for Investing in Asia Pacific Market, 2020-2030
Table 33. Critical Success Factors and Key Takeaways

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. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2030
Figure 5. Asia Pacific 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 Asia Pacific BaaS Market
Figure 9. World Mobile Payment Market
Figure 10. Primary Restraints and Impact Factors of Asia Pacific BaaS Market
Figure 11. Investment Opportunity Analysis
Figure 12. Porter’s Fiver Forces Analysis of Asia Pacific BaaS Market
Figure 13. Breakdown of Asia Pacific BaaS Market by Offering, 2020-2030, % of Revenue
Figure 14. Asia Pacific Addressable Market Cap in 2020-2030 by Offering, Value ($ mn) and Share (%)
Figure 15. Asia Pacific BaaS Market: Solutions, 2020-2030, $ mn
Figure 16. Asia Pacific BaaS Market: Software, 2020-2030, $ mn
Figure 17. Breakdown of Asia Pacific BaaS Market by Modality, 2020-2030, % of Revenue
Figure 18. Asia Pacific Addressable Market Cap in 2020-2030 by Modality, Value ($ mn) and Share (%)
Figure 19. Asia Pacific BaaS Market: Unimodal BaaS, 2020-2030, $ mn
Figure 20. Asia Pacific BaaS Market: Multimodal Baas, 2020-2030, $ mn
Figure 21. Breakdown of Asia Pacific BaaS Market by Technology, 2020-2030, % of Sales Revenue
Figure 22. Asia Pacific Addressable Market Cap in 2020-2030 by Technology, Value ($ mn) and Share (%)
Figure 23. Asia Pacific BaaS Market: Fingerprint Recognition, 2020-2030, $ mn
Figure 24. Asia Pacific BaaS Market: Voice Recognition, 2020-2030, $ mn
Figure 25. Asia Pacific BaaS Market: Signature Recognition, 2020-2030, $ mn
Figure 26. Asia Pacific BaaS Market: Iris Recognition, 2020-2030, $ mn
Figure 27. Asia Pacific BaaS Market: Palm/Hand Recognition, 2020-2030, $ mn
Figure 28. Asia Pacific BaaS Market: Face Recognition, 2020-2030, $ mn
Figure 29. Asia Pacific BaaS Market: Behavior Recognition, 2020-2030, $ mn
Figure 30. Asia Pacific BaaS Market: Other Technologies, 2020-2030, $ mn
Figure 31. Breakdown of Asia Pacific BaaS Market by Enterprise Size, 2020-2030, % of Sales Revenue
Figure 32. Asia Pacific Addressable Market Cap in 2020-2030 by Enterprise Size, Value ($ mn) and Share (%)
Figure 33. Asia Pacific BaaS Market: SMEs, 2020-2030, $ mn
Figure 34. Asia Pacific BaaS Market: Large Enterprises, 2020-2030, $ mn
Figure 35. Breakdown of Asia Pacific BaaS Market by Deployment Mode, 2020-2030, % of Revenue
Figure 36. Asia Pacific Addressable Market Cap in 2020-2030 by Deployment Mode, Value ($ mn) and Share (%)
Figure 37. Asia Pacific BaaS Market: On-Premise BaaS, 2020-2030, $ mn
Figure 38. Asia Pacific BaaS Market: On-Cloud BaaS, 2020-2030, $ mn
Figure 39. Breakdown of Asia Pacific Market by End User, 2020-2030, % of Revenue
Figure 40. Asia Pacific Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%)
Figure 41. Asia Pacific BaaS Market: Government, 2020-2030, $ mn
Figure 42. Asia Pacific BaaS Market: Travel, 2020-2030, $ mn
Figure 43. Asia Pacific BaaS Market: BFSI, 2020-2030, $ mn
Figure 44. Asia Pacific BaaS Market: Healthcare, 2020-2030, $ mn
Figure 45. Asia Pacific BaaS Market: E-commerce & Retail, 2020-2030, $ mn
Figure 46. Asia Pacific BaaS Market: Defense, 2020-2030, $ mn
Figure 47. Asia Pacific BaaS Market: IT & Telecommunication, 2020-2030, $ mn
Figure 48. Asia Pacific BaaS Market: Other End-Users, 2020-2030, $ mn
Figure 49. Breakdown of APAC BaaS Market by Country, 2020 and 2030, % of Revenue
Figure 50. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 51. BaaS Market in Japan, 2020-2030, $ mn
Figure 52. BaaS Market in China, 2020-2030, $ mn
Figure 53. BaaS Market in Australia, 2020-2030, $ mn
Figure 54. BaaS Market in India, 2020-2030, $ mn
Figure 55. BaaS Market in South Korea, 2020-2030, $ mn
Figure 56. BaaS Market in Rest of APAC, 2020-2030, $ mn
Figure 57. Growth Stage of Asia Pacific BaaS Industry over the Forecast Period

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Asia Pacific 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

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