Behavioral biometrics helps in uniquely identifying an individual based on measurable patterns of human traits such as keystroke analysis, voice authentication, and signature verification of an individual.
Scope of the Report:This report studies the Behavioral Biometric market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Behavioral Biometric market by product type and applications/end industries.
The rise in the demand for behavioral biometric technologies, such as keystroke recognition, signature recognition, and voice recognition, from the BFSI sector, is a significant factor that drives market growth during the forecast period. Data security has been a key concern for enterprises, government organizations, and individuals with keys, identity badges, and numeric keypads being the most popular devices used to prevent unauthorized access to sensitive data and assets. Advances in technology led to the introduction of two-factor authentication that allowed access on the basis of hardware devices and numeric codes. Geographically, the North American region is estimated to account for most of market share. The augmented use of behavioral biometrics by government organizations, hospitals, and ATMs in this region is anticipated to foster market growth during the predicted period.
The global Behavioral Biometric market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Behavioral Biometric.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers AGNITiO
AuthenWare
ID Control
M2SYS Technology
Nuance Communications
SAfran
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Voice Recognition
Keystroke Analysis
Signature Analysis
Market Segment by Applications, can be divided into Government
BFSI
Automotive
Healthcare
Education
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
