Biometric Middleware Sales Up 20% y-o-y in 2018, with BFSI Leading the Rally
Verfasser: ashwani_kailiya on Friday, 30 November 2018Biometric middleware has gained paramount importance as an integral component of the integrated security apparatus. Biometric middleware is perceived as a key enabler of the plug-in mechanism that delivers enhanced security. As growing traction of biometrics-as-a-service (BaaS) model creates demand for biometric systems in trail, lucrative growth opportunities are imminent for the biometrics middleware in the foreseeable future.
According to a new Fact.MR research, biometric middleware continues on its upward spiral, with a revenue difference in 2018 over 2017 estimated at nearly US$ 150 Mn. Growth of the biometric middleware market will remain influenced by myriad factors ranging from adoption of convenient security solutions to demand for real-time data processing that influences prospects of the end-to-end biometric service landscape.
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BFSI - Fast Adopter of Biometric Middleware