Frost Radar™: Biometric Authentication Solutions, 2022

Frost Radar™: Biometric Authentication Solutions, 2022

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
15-Dec-2022
REGION
Global
Research Code: K85E-01-00-00-00
SKU: AE01665-GL-MR_27265
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$4,950.00
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SKU
AE01665-GL-MR_27265
$4,950.00
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Description

The global biometrics industry is entering a new development phase for its solutions. It is no longer about what type of biometric scans you build the software or hardware scanners to capture; rather, biometric solutions now seek to define and position themselves in the industry based on what they can use an individual’s biometrics to help them accomplish, be it authenticating identity as true and valid or verifying against an established security database.

Biometric authentication solutions have two main roles: they must enable users to enroll or register themselves and their biometric data; and they must allow users to authenticate their identities in future uses of that service or platform with a biometric scan against the stored user data. The high security needs associated with the handling of a user’s biometric data, coupled with the need for these authentication processes to be simple for the user to enact, are a balance that vendors are trying to strike with their solutions. The vendors profiled here were selected at the analyst team’s discretion regarding the key functions of an authentication solution.

The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.

Author: Danielle VanZandt

Table of Contents

Strategic Imperative

Strategic Imperative (continued)

Growth Environment

Frost Radar™: Biometric Authentication Solutions

Frost Radar™: Competitive Environment

Frost Radar™: Competitive Environment (continued)

Frost Radar™: Competitive Environment (continued)

Aware

BioCatch

Daon

FacePhi

HID Global

IDEMIA

IDmission

ImageWare Systems

Incode

Jumio

NEC

Onfido

Sumsub

TECH5

Thales

Trust Stamp

Veridas

Veridium

ZK Teco

Strategic Insights

Significance of Being on the Frost Radar™

Frost Radar™ Empowers the CEO’s Growth Team

Frost Radar™ Empowers Investors

Frost Radar™ Empowers Customers

Frost Radar™ Empowers the Board of Directors

Frost Radar™: Benchmarking Future Growth Potential

Frost Radar™: Benchmarking Future Growth Potential

Legal Disclaimer

The global biometrics industry is entering a new development phase for its solutions. It is no longer about what type of biometric scans you build the software or hardware scanners to capture; rather, biometric solutions now seek to define and position themselves in the industry based on what they can use an individual’s biometrics to help them accomplish, be it authenticating identity as true and valid or verifying against an established security database. Biometric authentication solutions have two main roles: they must enable users to enroll or register themselves and their biometric data; and they must allow users to authenticate their identities in future uses of that service or platform with a biometric scan against the stored user data. The high security needs associated with the handling of a user’s biometric data, coupled with the need for these authentication processes to be simple for the user to enact, are a balance that vendors are trying to strike with their solutions. The vendors profiled here were selected at the analyst team’s discretion regarding the key functions of an authentication solution. The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned. Author: Danielle VanZandt
More Information
Author Danielle VanZandt
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Biometric System Market
Keyword 2 Biometric Authentication Solutions
Keyword 3 Biometrics Market Trend
Podcast No
Predecessor PB50-01-00-00-00
WIP Number K85E-01-00-00-00