DUBLIN--(BUSINESS WIRE)--The "Biometrics as a Service Market - Forecasts From 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The Biometrics as a Service market was valued at US$1.160 billion in 2017 and is expected to grow at a CAGR of 30.25% over the forecast period to reach a total market size of US$5.665 billion by 2023.
Rising incidence of frauds resulting from identity theft has been steering enterprises towards more secure access and identity management solutions. As a result, various biometric solutions have been gaining popularity among the end-users across the globe.
Although these solutions have been witnessing significant adoption among enterprises, their adoption among enterprises with very tight budgets is still limited. This can be seen as one of the factors driving the popularity of biometrics as a service across enterprises.
Availability of a good number of vendors offering reliable biometric capabilities over cloud is increasing their adoption among the end-users who seek to control their costs without compromising on security.
Favorable initiatives from the governments are further increasing the adoption of biometrics as a service, thus boosting the growth of the market.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Biometrics as a Service Market by Modality Type
6. Biometrics as a Service Market by Deployment Model
7. Biometrics as a Service Market by Enterprise Size
8. Biometrics as a Service Market by End-User Industry
8.2. Communication and Technology
8.4. Travel and Tourism
9. Biometrics as a Service Market by Geography
9.1. North America
9.2. South America
9.4. Middle East and Africa
9.5. Asia Pacific
10. Competitive Intelligence
10.1. Investment Analysis
10.2. Recent Deals
10.3. Strategies of Key Players
11. Company Profiles
11.5. Zolon Tech Inc.
For more information about this report visit https://www.researchandmarkets.com/research/ktjfxs/biometrics_as_a?w=4