Aware, Inc.

Biometrics Market size to grow by USD 27.43 billion from 2022 to 2027 | Increasing demand and enhanced security to drive the market growth - Technavio

Retrieved on: 
Friday, December 1, 2023

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The Biometrics Market size is estimated to increase by USD 27.43 billion, accelerating at a CAGR of almost 12.85% between 2022 to 2027.

Key Points: 
  • NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The Biometrics Market size is estimated to increase by USD 27.43 billion, accelerating at a CAGR of almost 12.85% between 2022 to 2027.
  • The global biometrics market is driven by increased demand and an enhanced emphasis on security.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global biometrics market.
  • Gait Biometrics Market: The gait biometrics market size is estimated to grow at a CAGR of 10.16% between 2022 and 2027.

Facial Recognition Market size to Grow by USD 7.6341 billion from 2022 to 2027 | Facial recognition using photos on social networking sites is a major market trend- Technavio

Retrieved on: 
Tuesday, November 21, 2023

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- The facial recognition market size is estimated to increase by USD 7,634.09 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 21, 2023 /PRNewswire/ -- The facial recognition market size is estimated to increase by USD 7,634.09 million from 2022 to 2027.
  • Facial recognition using photos on social networking sites is a major trend in the market.
  • Additionally, in the future photo-based identification will be integrated with advanced 3D facial recognition to improve the security capabilities of facial recognition biometrics.
  • Hence, facial recognition using photos on social networking sites is expected to drive market growth during the forecast period.

Facial Recognition Market size to Grow by USD 7.6341 billion from 2022 to 2027 | The increasing instances of identity threats to boost market growth- Technavio

Retrieved on: 
Monday, November 13, 2023

NEW YORK, Nov. 12, 2023 /PRNewswire/ -- The facial recognition market size is estimated to increase by USD 7,634.09 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 12, 2023 /PRNewswire/ -- The facial recognition market size is estimated to increase by USD 7,634.09 million from 2022 to 2027.
  • In addition, the growing popularity of online gaming and social media among younger generations also contributes to increasing identity threats.
  • Additionally, in the future photo-based identification will be integrated with advanced 3D facial recognition to improve the security capabilities of facial recognition biometrics.
  • The facial recognition market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.

Aware Named “Catalyst” and Role Model in New Biometrics Digital Identity Market Report

Retrieved on: 
Tuesday, October 17, 2023

“The Biometric Digital Identity Prism Report” chronicles evolutionary industry trends, offers key digital identity differentiators, and profiles vendors on the Biometric Digital Identity Prism.

Key Points: 
  • “The Biometric Digital Identity Prism Report” chronicles evolutionary industry trends, offers key digital identity differentiators, and profiles vendors on the Biometric Digital Identity Prism.
  • “With a portfolio of turnkey solutions, frameworks, SDKs and identity system building blocks, Aware’s greatest strength is its biometrics expertise,” the report notes.
  • The firm has consistently anticipated market needs and developed or acquired technology to meet them.”
    The report highlights Aware’s ability to fully orchestrate user identity.
  • “That adaptability and flexibility…make [Aware] a role model for the biometric digital identity industry while positioning it for success as the world moves into the next phase of digital ID.”
    Craig Herman, chief revenue officer at Aware, said the report underscores the value Aware has worked diligently to bring to the biometrics industry.

Biometric Vehicle Access Systems Market to Surge to $3.3 Billion by 2030, Driven by 10% CAGR in Fingerprint Scan Segment

Retrieved on: 
Tuesday, October 10, 2023

DUBLIN, Oct. 10, 2023 /PRNewswire/ -- The "Biometric Vehicle Access Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 10, 2023 /PRNewswire/ -- The "Biometric Vehicle Access Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global Biometric Vehicle Access Systems market is set for substantial growth, with a projected value of US$3.3 billion by 2030, experiencing a noteworthy CAGR of 9.7% during the forecast period of 2022-2030.
  • The Fingerprint Scan segment is expected to lead this growth, recording a robust CAGR of 10% and reaching US$1.9 billion by the end of the analysis period.
  • Market Expansion: The Biometric Vehicle Access Systems market, valued at US$1.6 billion in 2022, is on track for exponential growth.

Aware Launches Partner Program, Empowering Both Large and Midmarket Technology Providers to Leverage Biometrics for Enhanced Revenue Streams

Retrieved on: 
Thursday, September 28, 2023

In fact, by one estimate , the use of biometric authentication for secure payments is expected to double by 2025.

Key Points: 
  • In fact, by one estimate , the use of biometric authentication for secure payments is expected to double by 2025.
  • Naturally, both large and midmarket technology providers - system integrators, distributors, resellers, consultants, large software companies and more - are focusing on biometrics to differentiate their offerings and increase revenue streams.
  • “Today’s technology users demand access to their devices and online accounts that is exceptionally easy and instantaneous, without any compromise in security,” says Craig Herman, CRO, Aware.
  • As part of today’s announcement, Aware is also offering a variety of partner tiers, an ecosystem hub and several new partner marketing initiatives.

Aware Premiers Powerful New AwareID® Functionality and Introduces Developer Hub to Further Simplify Businesses' Adoption of Biometric Technology

Retrieved on: 
Thursday, September 7, 2023

Today, Aware, Inc. (NASDAQ: AWRE) underscored this commitment by announcing functionality enhancements to its SaaS-based AwareID solution that make it even more versatile and reliable for businesses and their users.

Key Points: 
  • Today, Aware, Inc. (NASDAQ: AWRE) underscored this commitment by announcing functionality enhancements to its SaaS-based AwareID solution that make it even more versatile and reliable for businesses and their users.
  • “Businesses already have enough on their plates and learning to implement a new backend technology is often out of the question,” says Dr. Mohamed Lazzouni, CTO, Aware.
  • Finally, Aware has announced the availability of a developer hub for AwareID, where developers can explore and access all documentation and SDKs related to AwareID.
  • “It’s our job to make this technology accessible, with superior scalability, value, and flexibility, and that’s exactly what we are bringing to the market.”

Leading Forensic Science Facility, Miami Valley Regional Crime Laboratory/Montgomery County Coroner’s Office, Chooses AwareABIS™ to Solve Cases Faster and More Accurately

Retrieved on: 
Thursday, July 27, 2023

BURLINGTON, Mass., July 27, 2023 (GLOBE NEWSWIRE) -- Miami Valley Regional Crime Laboratory/Montgomery County Coroner’s Office (OH) is a forensic science facility dedicated to assisting law enforcement agencies with criminal investigations.

Key Points: 
  • BURLINGTON, Mass., July 27, 2023 (GLOBE NEWSWIRE) -- Miami Valley Regional Crime Laboratory/Montgomery County Coroner’s Office (OH) is a forensic science facility dedicated to assisting law enforcement agencies with criminal investigations.
  • “As a cloud-based solution, AwareABIS greatly alleviates our dependence on internal IT resources and physical hardware,” says Dr. Kent Harshbarger, Montgomery County Coroner.
  • “AwareABIS is easy to use, and delivers fast, accurate fingerprint and palmprint identification, for the 70-member law enforcement agencies we serve.
  • AwareABIS supports the NIST-tested Nexa™ face, fingerprint, and iris matching algorithms, as well as fingerprint algorithms from third-party providers.

Biometric Authentication is Critical to Solving Identity Verification Challenges of the Digital Age

Retrieved on: 
Wednesday, June 7, 2023

As organizations face mounting challenges related to identity fraud, data breaches, and cyber threats, it is imperative to provide best-in-class solutions to verify individuals' identities.

Key Points: 
  • As organizations face mounting challenges related to identity fraud, data breaches, and cyber threats, it is imperative to provide best-in-class solutions to verify individuals' identities.
  • Traditional methods of authentication, such as passwords and PINs, have clearly proven to be extremely vulnerable to hacking and phishing attacks.
  • According to Craig Herman, chief revenue officer of Aware, Inc. , "In today's digital world, identity authentication is the only iron-clad option.
  • “Aware's comprehensive portfolio of biometric identity authentication solutions enables organizations to meet the evolving demands of the digital age.

Biometrics: The Most Powerful Weapon in the Law Enforcement Agencies’ Arsenal For Expedited Investigations

Retrieved on: 
Monday, May 15, 2023

There is simply no other form of authentication and identification as reliable and accurate as biometrics, with its unsurpassed utility being demonstrated time and time again.

Key Points: 
  • There is simply no other form of authentication and identification as reliable and accurate as biometrics, with its unsurpassed utility being demonstrated time and time again.
  • However, many law enforcement agencies are unable to implement advanced biometric authentication technology due to cost and resource barriers, hindering their ability to serve their communities at the highest level.
  • These agencies also struggle with a lack of real-time information and access to crucial databases to identify and verify suspects, further slowing the investigative process.
  • To learn more without attending IACP Tech Conference, book a virtual meeting .