- January 23, 2021
- Category: Information and Communication Technology, Next Generation Technology
Global Behavioral biometrics market Size study, by Type (Signature Analysis, Keystroke Dynamics, Voice Recognition, Gait Analysis), by Deployment (On-premises, On-cloud), by Application (Identity Proofing, Continuous Authentication, Risk and Compliance, Fraud Detection and Prevention), by end user( BFSI, Retail and E-commerce, Healthcare, Government and Public Sector, Other End-user Verticals )and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Behavioural Biometrics Market , by Region, 2018-2027 (USD Billion) 1.2.2. Behavioural Biometrics Market , by Type, 2018-2027 (USD Billion) 1.2.3. Behavioral Biometrics Market , by Deployment, 2018-2027 (USD Billion) 1.2.4. Behavioral Biometrics Market , by Application, 2018-2027 (USD Billion) 1.2.5. Behavioral Biometrics Market , by end user, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Behavioral Biometrics Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Behavioral Biometrics Market Dynamics 3.1. Behavioral Biometrics Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Global Rise in Online Transactions and Fraudulent Activities 3.1.3. Rising Need for A Multi-Layered Security Approach in the Finance Vertical 3.1.4. Market Challenges 3.1.5. Low Cybersecurity Budget and High Installation Cost of the Behavioral Biometrics Software 3.1.6. Market Opportunities 3.1.7. Enhanced Security as Compared to Static Biometrics Chapter 4. Global Behavioral Biometrics Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economic 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Behavioral Biometrics Market , by Type 5.1. Market Snapshot 5.2. Global Behavioral Biometrics Market by Type , Performance - Potential Analysis 5.3. Global Behavioral Biometrics Market Estimates & Forecasts by Type 2017-2027 (USD Billion) 5.4. Behavioral Biometrics Market , Sub Segment Analysis 5.4.1. Signature Analysis 5.4.2. Keystroke Dynamics 5.4.3. Voice Recognition 5.4.4. Gait Analysis Chapter 6. Global Behavioral Biometrics Market , by Deployment 6.1. Market Snapshot 6.2. Global Behavioral Biometrics Market by Deployment, Performance - Potential Analysis 6.3. Global Behavioral Biometrics Market Estimates & Forecasts by Deployment 2017-2027 (USD Billion) 6.4. Behavioral Biometrics Market , Sub Segment Analysis 6.4.1. On-premises 6.4.2. On-cloud Chapter 7. Global Behavioral Biometrics Market , by Application 7.1. Market Snapshot 7.2. Global Behavioral Biometrics Market by Application, Performance - Potential Analysis 7.3. Global Behavioral Biometrics Market Estimates & Forecasts by Application 2017-2027 (USD Billion) 7.4. Behavioral Biometrics Market , Sub Segment Analysis 7.4.1. Identity Proofing 7.4.2. Continuous Authentication 7.4.3. Risk and Compliance 7.4.4. Fraud Detection and Prevention Chapter 8. Global Behavioral Biometrics Market , by End user 8.1. Market Snapshot 8.2. Global Behavioral Biometrics Market by End user, Performance - Potential Analysis 8.3. Global Behavioral Biometrics Market Estimates & Forecasts by End user 2017-2027 (USD Billion) 8.4. Behavioral Biometrics Market , Sub Segment Analysis 8.4.1. BFSI 8.4.2. Retail and E-commerce 8.4.3. Healthcare 8.4.4. Government and Public Sector 8.4.5. Other End-user Verticals Chapter 9. Global Behavioral Biometrics Market , Regional Analysis 9.1. Behavioral Biometrics Market , Regional Market Snapshot 9.2. North America Behavioral Biometrics Market 9.2.1. U.S. Behavioral Biometrics Market 126.96.36.199. Type breakdown estimates & forecasts, 2017-2027 188.8.131.52. Deployment breakdown estimates & forecasts, 2017-2027 184.108.40.206. Application breakdown estimates & forecasts, 2017-2027 220.127.116.11. End user breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Behavioral Biometrics Market 9.3. Europe Behavioral Biometrics Market Snapshot 9.3.1. U.K. Behavioral Biometrics Market 9.3.2. Germany Behavioral Biometrics Market 9.3.3. France Behavioral Biometrics Market 9.3.4. Spain Behavioral Biometrics Market 9.3.5. Italy Behavioral Biometrics Market 9.3.6. Rest of Europe Behavioral Biometrics Market 9.4. Asia-Pacific Behavioral Biometrics Market Snapshot 9.4.1. China Behavioral Biometrics Market 9.4.2. India Behavioral Biometrics Market 9.4.3. Japan Behavioral Biometrics Market 9.4.4. Australia Behavioral Biometrics Market 9.4.5. South Korea Behavioral Biometrics Market 9.4.6. Rest of Asia Pacific Behavioral Biometrics Market 9.5. Latin America Behavioral Biometrics Market Snapshot 9.5.1. Brazil Behavioral Biometrics Market 9.5.2. Mexico Behavioral Biometrics Market 9.6. Rest of The World Behavioral Biometrics Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. BioCatch Ltd 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. Nuance Communications Inc. 10.2.3. SecureAuth Corporation 10.2.4. Mastercard Incorporated (NuData Security) 10.2.5. BehavioSec Inc. 10.2.6. Threat Mark SRO 10.2.7. UnifyID Inc. 10.2.8. Zighra Inc. 10.2.9. Plurilock Security Solutions Inc. 10.2.10. SecuredTouch Inc. Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global Behavioral biometrics market is valued approximately at USD 0.87 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 24.5% over the forecast period 2020-2027. Behavioral biometrics is a modern type of consumer authentication solution that recognizes people based on how they communicate with computers, such as smartphones, laptops, or mouse-screen-and-keyboard systems. Data compromise is associated with an increasing number of risks. As a result, companies are suffering massive losses, and breaching user accounts has been identified as one of the main triggers of global cyber-attack. Similarly, big malicious attacks were triggered by stolen passwords, according to an IBM study from 2020. Furthermore, in 2020, malware hacks accounted for roughly 19% of all malicious attacks. In addition, the behavioral biometric market is being implemented by the majority of BFSI sectors to improve the protection of their customers’ data. National Australian Bank (NAB) began using behavioral biometrics for fraud detection in 2019. In addition, Wells Fargo Company is developing a payment solution that would use consumers’ voices to authenticate purchases and provide access to facilities. Furthermore, the firm is looking at how it would use artificial intelligence to make it capable of conversational banking, similar to Siri on the iPhone or Alexa on Amazon. However, Low Cybersecurity Budget and High Installation cost of the Behavioral Biometrics Software may impede market growth over the forecast period of 2020-2027.
The regional analysis of the global Behavioral biometrics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share due to owing to significant adoption of behavioral biometrics solutions across the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to increase in security spending among government organizations and development of the smartphones market in the developing economies such as China, India, Australia, Japan, and South Korea.
Major market player included in this report are:
Nuance Communications Inc.
Mastercard Incorporated (NuData Security)
Threat Mark SRO
Plurilock Security Solutions Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Risk and Compliance
Fraud Detection and Prevention
By end user:
Retail and E-commerce
Government and Public Sector
Other End-user Verticals
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.
Target Audience of the Global Behavioral biometrics market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers