Global Biometrics Middleware Market Overview:
Biometric middleware is authentication software that enables various biometric devices and technologies and allows the match or no match decisions made by core technologies to provide authentication to various PC applications and resources. Middleware solutions may be compatible with as few as five and as many as 25 different authentication solutions, with a focus on biometrics but also including smart cards and tokens. Authentication through these devices can provide access to operating systems, applications, or other protected resources. The high demand for biometrics middleware gains ground in the military and law enforcement sectors. With advancements in facial recognition technology that provides more efficient policing, biometric authentication is projected to lucrative growth of the global biometric middleware market in the forecast period. Some of the players profiled in the study are Aware, Inc. (United States), BioCatch (United States), Daon, Inc. (United States), Zvetco, LLC. (United States), Precise Biometrics (Sweden), Biometrics Research Group, Inc (United States), Aerendir Mobile Inc. (United States), Assa Abloy (Sweden), Centrify Corporation (United States) and Fischer International Systems (United States).
On the basis of geography, the market of Biometrics Middleware has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Small & Medium Enterprises (SMEs) will boost the Biometrics Middleware market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Biometrics Middleware market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing Type, the sub-segment i.e. Monthly Subscription will boost the Biometrics Middleware market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Popularity as A Feasible Model of Biometrics Middleware
- Increasing Demand from End-Use Industry
- Rising Integration of AI in Biometrics Middleware
- High Risk of Cyberthreats
- Technology Advancement and Development in the Biometrics Middleware
- Lack of Skilled Working Professionals
On 24th September 2018, ASSA ABLOY has acquired Crossmatch, a leader in biometric identity management and secure authentication solutions. The acquisition of Crossmatch considerably enhances the Group´s position as one of the world's leading biometric companies and will provide complementary growth opportunities.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Target Audience:Biometrics Middleware Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Biometrics Middleware market on the basis of product [Software and Service] , application [Enrollment, Authentication/Verification, Identification and Trusted Transactions], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Biometrics Middleware market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Biometrics Middleware industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Identity Automation Systems (United States) and ImageWare Systems, Inc. (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Biometrics Middleware market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.