The biometrics as-a-service (BaaS) relates with the
well-established advantages of Software-as-a-Service (SaaS) to biometrics. Its
cost-effectiveness is fueling its rapid growth, as the BaaS market is
anticipated to grow in the coming years. Moreover, BaaS deals a means for a
company to results the expenses of a biometric system as stable, expected
operating costs funded for by subscription, in its place of superior upfront
capital expenditures with the unexpected preservation costs. Furthermore, the
key players of this market are accounting the effective market growth by doing
effective developments in this software for increasing the demand from the
healthcare industries. This is also profitable for acquiring the highest market
share in the Asia Pacific region more positively in the coming years.
According to the report analysis, ‘Asia-Pacific Biometric as a Service in
Healthcare Market Industry Trends Forecast to 2026’ states that there
are several key players which are recently functioning in this market more
positively for leading the fastest market growth by attaining the foremost
amount of market share while doing significant developments in the
specifications of this technology which further provide better services and
deliver effective consumer satisfaction includes Gemalto NV, agnitio, BioAXS
Co. Ltd., Cenmetrix (Pvt) Ltd., FUJITSU, HID Global Corporation, Hitachi, Ltd.,
Integrated Biometrics, Innovatrics, IRITECH, INC., LaserLock International,
Inc., M2SYS Technology, MorphoTrust USA, Nuance Communications, Inc., Qualcomm
Technologies, Inc., SecuGen Corporation, Uniphore, lumenvox, VoiceVault Voice
Authentication and several others. Moreover, many of the focused key players of
this market are adopting the effective strategies and policies of doing work
which further increase the demand of this software from the healthcare market
more specifically and increase the amount of revenue. Not only has this, few
focused players of this market are investing the effective amount of investment
in the research and development programs which are established for develop the
working of this software. This also leads the market growth more positively in
the near future.
Although, the Asia Pacific biometric as a service in
healthcare market is anticipated to reach a CAGR of 23.3% in the forecast
period of 2019 to 2026. Whereas, the Asia Pacific biometric as a service in
healthcare market is segmented into different sectors which majorly includes
modality type, access control and authentication, model, access channel,
application and country. Whereas, based on the application, the market is
further segmented into Pharmacy Dispensing, Care Provider Authentication,
Medical Record Security & Data Center Security, Patient Identification and
Tracking, Home/Remote Patient Access, Narcotic Security, Counter Insurance
Frauds and several others while, on the basis of access control and authentication,
the market is sectored into single-factor authentication and multi-factor
authentication.
Additionally, with the attractive application, the
market is having few restraints which hinder the market growth such as security
threat of biometric data stored on cloud and several others. However, growing
usage of electronic gadgets, increase in the requirement of the cost-effective
biometric devices, high security issues and favorable government initiative
towards the biometric devices are the major growth drivers which fueling the
market growth more significantly. Therefore, in the near future, it is expected
that the Asia Pacific biometric as a service in healthcare market will increase
over the recent few years.
For more
information on the research report, refer to below link:-
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
