The Global Biometrics Middleware Market is valued at US$ xx in 2022 and is expected to reach US$ xx by 2029 with a CAGR of xx% over the forecast period.
Biometrics Middleware Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2029-Increasing emphasis on security alludes, rapid adoption of biometric systems at airports, along with growing reliance of institutions such as transportation security administration are some of the primary factors driving the growth of global biometrics middleware market.
Biometrics Middleware can be referred to as an authentication software that enables biometric devices and technologies to provide authentication or identification to various applications and software. Middleware is computer software that delivers services to software applications beyond those existing from the functioning system. It can be described as ""software glue"". Middleware solution reduces the dependence on a single device, enabling users to connect to other devices into the infrastructure. Biometric middleware supports biometric modalities such as the fingerprint, finger vein, iris, and facial recognition. It makes it easier for software designers to implement communication and input/output, so they can focus on the specific resolve of their application.
Biometrics Middleware market report is segmented on the basis of product type, application and by regional & country level. Based upon product type, biometrics middleware market is classified into software and service. Based upon application, Biometrics Middleware market is classified into BFSI, retail, healthcare, manufacturing, residential, transportation and utilities and others.
The regions covered in this biometrics middleware market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Biometrics Middleware is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
The global biometrics middleware market is witnessing substantial growth due to increasing demand for end-to-end solutions has created the requirement for integration of different middleware and software. According to the SaaS Statistics, global software industry statistics place Salesforce as a key player in the SaaS industry. Its shares rose 3% in the most recent trading and they reported $3.74 billion for the first quarter of 2020 which is more than the expected $3.68 billion. However, Biometrics middleware will also witness high demand as adoption of biometrics gains ground in military and law enforcement sectors. With advancements in the facial recognition technology that provides more efficient policing, biometric authentication is expected to gain high traction in the near future, thereby creating demand for biometrics middleware. Moreover, Technological development to produce self-monitoring solution for real-time data management & processing is likely to provide lucrative opportunities for the market over the forecast period.
North America is dominating the biometrics middleware market with the potential rate due to technological development to produce self-monitoring solution for real-time data management & processing are drive the biometrics middleware market. According to the Gartner, the worldwide public cloud services market is projected to grow to $214.3 billion in 2019, up from $182.4 billion in 2018. The United States is a market leader in the cloud computing market and has some of the largest companies in the sector. Infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) are expected to be the fastest-growing segments of the cloud services market.
The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period due to the growing demand for end-to-end solutions has created the requirement for integration of different middleware and software services are drive the market in the region. In 2015, the Asian online population represented 48% of global Internet users, with a 40% Internet penetration rate.24 Internet penetration rates across the APAC region are expected to increase by 21%25 and mobile penetration to grow by 30% from 2014 to 2018.
BioCatch Combated New Account Fraud with Behavioral Biometrics
March 16, 2020, BioCatch is once again highlighting the effectiveness of behavioral biometrics in the wake of Experian’s latest Global Identity and Fraud report. That report found that the huge majority (95 percent) of industries were confident in their capability to identify their consumers, even though most (57 percent) had skilled advanced losses from account opening and account takeover fraud.
|Historical data||2016 - 2021|
|Forecast Period||2022 - 2029|
|Market Size in 2022:||USD xx|
|Base year considered||2021|
|Forecast Period CAGR %:||
|Market Size Expected in 2029:||USD xx|
|Tables, Charts & Figures:||175|
|Companies||BioCatch, Daon, Aware, Zvetco Biometrics, Precise Biometrics, BioSec Group, Aerendir Mobile, Assa Abloy (Crossmatch Technologies), Centrify Corporation, Fischer International Systems, Identity Automation Systems and ImageWare Systems.|
|Segments Covered||By Product Type, By Application|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
By Product Type:
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