(MoneyNewsWire.Net, August 09, 2016 ) Description-
About Biometrics as a Service
In 1999, biometrics was introduced as an application to render authentication after identifying and verifying biological and physiological traits such as voice, palm geometry, DNA, gait, fingerprints, facial features, iris, signature, and vein geometry. This technology is reliable, as it cannot be lost or forgotten by an individual. Verification is a one-to-one matching process that verifies the biometrics traits of an individual against a set template in the database. Identification is a one-to-many matching process wherein the biometrics traits of an individual are matched against all templates in the database to determine an individual's identity.
Technavios analysts forecast the global Biometrics as a Service market to grow at a CAGR of 17.11% during the period 2016-2020.
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Covered in this report The report covers the present scenario and the growth prospects of the global biometrics as a service market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of biometrics as a service, which includes cloud-based biometrics solutions and third-party managed solutions.
The market is divided into the following segments based on geography: Americas APAC EMEA
Technavio's report, Global Biometrics as a Service Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors BioID Fujitsu ImageWare IriTech
Other prominent vendors FingerCheck Secur-eye MorphoTrust USA
Market driver Need for data security For a full, detailed list, view our report
Market challenge Privacy concerns For a full, detailed list, view our report
Market trend Emergence of cloud-based mobile biometrics For a full, detailed list, view our report
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Table of Contents
PART 01: Executive summary Highlights PART 02: Scope of the report PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market description Biometrics as a service workflow Advantages and disadvantages of biometrics Applications of biometrics as a service PART 06: Market landscape Market overview Market size and forecast PART 07: Key developments Need for cloud-based biometrics for time and attendance tracking E-voting in government sector Emergence of IoT leading to increased deployment of biometrics as a service Near field communication (NFC)-based payments: An emerging technology PART 08: Lifecycle analysis PART 09: Market segmentation by end user Segmentation of global biometrics as a service market by end-user PART 10: Geographical segmentation Global biometrics as a service market by region
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