Biometric-as-a-Service Market Research Report by Type, Modality, Industry, Application, Country - North America Forecast to 2027 - Cumulative Impact of COVID-19

The North America Biometric-as-a-Service Market size was estimated at USD 658.78 million in 2021 and expected to reach USD 755.75 million in 2022, and is projected to grow at a CAGR 11.54% to reach USD 1,268.97 million by 2027.

Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Biometric-as-a-Service to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Type, the market was studied across Behavioural Biometrics and Physiological Biometrics. The Physiological Biometrics is further studied across Face Recognition, Fingerprint, Iris Recognition, Palm Vein, and Retina.

Based on Modality, the market was studied across Multimodal and Unimodal.

Based on Industry, the market was studied across Banking & Finance, Consumer Electronics, Defense Services, Government, Healthcare, and Telecommunication & IT.

Based on Application, the market was studied across Civil Identity & Elections, Identity Proofing & Credentialing, Law Enforcement & Border Control, Mobile Banking, Payments & Authentication, and Workforce Management.

Based on Country, the market was studied across Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Biometric-as-a-Service market considering the current update on the conflict and its global response.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Biometric-as-a-Service Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the North America Biometric-as-a-Service Market, including Accenture plc, Aculab, Aware, Inc., Ayonix Corporation, Bayometric Inc., BioID GmbH, Fujitsu Limited, Gemalto NV by Thales Digital, HYPR Corp., Idemia, Ipsidy, Inc., Iritech, Inc., Leidos Inc., LexisNexis Risk Solutions Inc., M2SYS Technology, NEC Corporation, Onfido, Phonexia S.R.O., SkyBiometry, TOC Biometrics, and Unisys Corporation.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the North America Biometric-as-a-Service Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the North America Biometric-as-a-Service Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the North America Biometric-as-a-Service Market?
4. What is the competitive strategic window for opportunities in the North America Biometric-as-a-Service Market?
5. What are the technology trends and regulatory frameworks in the North America Biometric-as-a-Service Market?
6. What is the market share of the leading vendors in the North America Biometric-as-a-Service Market?
7. What modes and strategic moves are considered suitable for entering the North America Biometric-as-a-Service Market?

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19

6. Biometric-as-a-Service Market, by Type
6.1. Introduction
6.2. Behavioural Biometrics
6.3. Physiological Biometrics
6.4.1. Face Recognition
6.4.2. Fingerprint
6.4.3. Iris Recognition
6.4.4. Palm Vein
6.4.5. Retina

7. Biometric-as-a-Service Market, by Modality
7.1. Introduction
7.2. Multimodal
7.3. Unimodal

8. Biometric-as-a-Service Market, by Industry
8.1. Introduction
8.2. Banking & Finance
8.3. Consumer Electronics
8.4. Defense Services
8.5. Government
8.6. Healthcare
8.7. Telecommunication & IT

9. Biometric-as-a-Service Market, by Application
9.1. Introduction
9.2. Civil Identity & Elections
9.3. Identity Proofing & Credentialing
9.4. Law Enforcement & Border Control
9.5. Mobile Banking, Payments & Authentication
9.6. Workforce Management

10. Canada Biometric-as-a-Service Market
10.1. Introduction

11. Mexico Biometric-as-a-Service Market
11.1. Introduction

12. United States Biometric-as-a-Service Market
12.1. Introduction

13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.1.1. Quadrants
13.1.2. Business Strategy
13.1.3. Product Satisfaction
13.2. Market Ranking Analysis, By Key Player
13.3. Market Share Analysis, By Key Player
13.4. Competitive Scenario
13.4.1. Merger & Acquisition
13.4.2. Agreement, Collaboration, & Partnership
13.4.3. New Product Launch & Enhancement
13.4.4. Investment & Funding
13.4.5. Award, Recognition, & Expansion

14. Company Usability Profiles
14.1. Accenture plc
14.1.1. Business Overview
14.1.2. Key Executives
14.1.3. Product & Services
14.2. Aculab
14.2.1. Business Overview
14.2.2. Key Executives
14.2.3. Product & Services
14.3. Aware, Inc.
14.3.1. Business Overview
14.3.2. Key Executives
14.3.3. Product & Services
14.4. Ayonix Corporation
14.4.1. Business Overview
14.4.2. Key Executives
14.4.3. Product & Services
14.5. Bayometric Inc.
14.5.1. Business Overview
14.5.2. Key Executives
14.5.3. Product & Services
14.6. BioID GmbH
14.6.1. Business Overview
14.6.2. Key Executives
14.6.3. Product & Services
14.7. Fujitsu Limited
14.7.1. Business Overview
14.7.2. Key Executives
14.7.3. Product & Services
14.8. Gemalto NV by Thales Digital
14.8.1. Business Overview
14.8.2. Key Executives
14.8.3. Product & Services
14.9. HYPR Corp.
14.9.1. Business Overview
14.9.2. Key Executives
14.9.3. Product & Services
14.10. Idemia
14.10.1. Business Overview
14.10.2. Key Executives
14.10.3. Product & Services
14.11. Ipsidy, Inc.
14.11.1. Business Overview
14.11.2. Key Executives
14.11.3. Product & Services
14.12. Iritech, Inc.
14.12.1. Business Overview
14.12.2. Key Executives
14.12.3. Product & Services
14.13. Leidos Inc.
14.13.1. Business Overview
14.13.2. Key Executives
14.13.3. Product & Services
14.14. LexisNexis Risk Solutions Inc.
14.14.1. Business Overview
14.14.2. Key Executives
14.14.3. Product & Services
14.15. M2SYS Technology
14.15.1. Business Overview
14.15.2. Key Executives
14.15.3. Product & Services
14.16. NEC Corporation
14.16.1. Business Overview
14.16.2. Key Executives
14.16.3. Product & Services
14.17. Onfido
14.17.1. Business Overview
14.17.2. Key Executives
14.17.3. Product & Services
14.18. Phonexia S.R.O.
14.18.1. Business Overview
14.18.2. Key Executives
14.18.3. Product & Services
14.19. SkyBiometry
14.19.1. Business Overview
14.19.2. Key Executives
14.19.3. Product & Services
14.20. TOC Biometrics
14.20.1. Business Overview
14.20.2. Key Executives
14.20.3. Product & Services
14.21. Unisys Corporation
14.21.1. Business Overview
14.21.2. Key Executives
14.21.3. Product & Services

15. Appendix
15.1. Discussion Guide
15.2. License & Pricing