The rise in the complex IoT landscape, growing number of cyber-attacks, an increase in demand for cost-efficient biometric solutions among different industry verticals, and an increase in the adoption of cloud-based biometrics are the factors that mainly drive the biometrics-as-a-service (BaaS) market growth. However, privacy concerns and security issues pertaining to the data stored on …
Tag Archives: Biometrics-as-a-Service Market Growth
Biometrics-as-a-Service Market Expected to Reach $5.37 Billion by 2026—Allied Market Research
According to the report, the global biometrics-as-a-service industry garnered $1.42 billion in 2018, and is estimated to reach $5.37 billion in 2026, growing at a CAGR of 18.2% from 2019 to 2026. The report also provides an in-depth analysis of the drivers & opportunities, top investment pockets, top winning strategies, market size & estimations, competitive landscape, and wavering market …