Top 4 Companies in the Biometrics Middleware Market
The global biometrics middleware market is expected to post impressive gains through the 2021-2031 forecast period. Despite facing an initial setback in the initial months of COVID-19, growth prospects have accelerated amid increasing digital business models across key domains, including the banking, financial services and insurance (BFSI) sector.
Rapid penetration of cutting edge technologies such as artificial intelligence is aiding market expansion. Furthermore, mounting security concerns is prompting key military, law enforcement and other governmental sectors to adopt advanced security solutions, thus stimulating biometrics middleware demand. Here are the top four biometrics middleware companies profiled by Fact.MR.
Founded in 2000, Daon Inc. offers a wide portfolio of software security solutions, offering pioneered methods for securely and conveniently combining biometric and digital identity capabilities with large-scale deployments that span payments verification, digital banking, wealth, insurance, telcos and securing borders and seamless travel.
Daon delivers digital identity solutions needed to empower mission critical programs which demand the strongest levels of biometric security and identity assurance and serves as a key technology behind leading financial institutions including BNP Paribas Wealth Management and Sumitomo Mitsui Banking Corporation (SMBC).
Aware Inc. is a publicly held company based in Bedford, Massachusetts, providing biometrics software products since 1993, when it helped the FBI design and optimize the WSQ fingerprint image compression algorithm for the first large-scale fingerprint digitization effort. The company offers the IndigoTM cloud-based biometric APIs and turnkey solutions, provided on a software-as-a-service (SaaS) subscription.
The Indigo API provides cloud-based services for granular biometric face and fingerprint image analysis and processing. Functions include quality scoring, liveness detection, enrollment, verification, comparison, and fingerprint and face biometric search.
Precise Biometrics AB
Precise Biometrics is yet another pioneer in the biometrics middleware landscape, offering the Precise BioMatch® Card, the Precise BioLiveTM for counterfeit fingerprint detection, and the Precise BioMatch® mobile fingerprint algorithm. Precise Biometrics was founded in 1997 with a vision to offer biometric technology for mobile phones, and has since then evolved into one of the leading providers of biometrics middleware for a host of end-use industries.
Centrify Corporation has been offering a wide range of behavioral biometrics for its banking customers. In 2012, the company introduced the Active Directory Integration for Red Hat Enterprise Linux 6.3 in both Centrify Suite 2012 and Centrify Express 2012, which includes enhancements and new capabilities in areas of developer tools, virtualization, security, scalability, file systems and storage respectively.
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