About Biometrics Middleware
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Biometrics Middleware market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Identity Automation Systems (United States) and ImageWare Systems, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Biometrics Middleware market by Type (Software and Service), Application (Enrollment, Authentication/Verification, Identification and Trusted Transactions) and Region.
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.
Influencing Trend:
Rising Integration of AI in Biometrics Middleware
Market Growth Drivers:
Rising Popularity as A Feasible Model of Biometrics Middleware and Increasing Demand from End-Use Industry
Challenges:
Lack of Skilled Working Professionals
Restraints:
High Risk of Cyberthreats
Opportunities:
Technology Advancement and Development in the Biometrics Middleware
Market Leaders and their expansionary development strategies
In September 2023, Infinite ID, a biometrics firm based in Hicksville, New York, has acquired by First Advantage Corporation, a provider of employment background screening services, A portfolio company of Enlightenment Capital, Infinite ID was founded in 2021, according to Crunchbase data. The company offers ‘custom biometric solutions’, and is the owner of a fingerprinting software subsidiary called PrintScan
In February 2023, Middleware Lab, Inc., publicly launched its AI-powered cloud-native observability and monitoring platform. Middleware was founded to create a cost-effective solution to recent sea changes in cloud monitoring.
Key Target Audience
Biometrics Middleware Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.