Market Overview:
The global behavioral biometrics technology market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The increasing demand for security and safety measures across different industries is one of the primary factors driving the growth of this market. Behavioral biometrics technology offers an efficient and reliable way to authenticate users, which is why it is being increasingly adopted by various organizations for authentication purposes. Additionally, the growing trend of online shopping and increasing use of mobile devices are also contributing to the growth of this market. On the basis of type, keystroke dynamics segment dominates the global behavioral biometrics technology market with a share more than 50%. This can be attributed to its ability to accurately capture user behavior and detect any malicious activities.
Product Definition:
Behavioral biometrics technology is a type of security technology that uses physical or behavioral characteristics to identify individuals. These characteristics can include things like the way someone walks, types on a keyboard, or speaks. Behavioral biometrics can be used to authenticate users for logging in to devices or applications, for example.
Keystroke Dynamics:
Keystroke dynamics is the science of measuring and analyzing a user's typing rhythm. It is used as an input mechanism for the creation of passwords or passcodes for authentication purposes in various applications such as online banking, email, instant messaging clients etc. Keystroke dynamics technology has been around for more than two decades but its commercialization dates back to 1999 when IBM launched its patent titled “System and method for generating dynamic password based on keystroke characteristics”.
Gait Analysis:
Gait analysis is the technique of measuring and analyzing the movement of a human being. It includes observation, recording, and analyzing the steps or walk of an individual. Gait analysis is used in behavioral biometrics technology for identification purposes. The main purpose behind using gait analysis in biometric systems is to identify frauds or imposters by comparing recorded walking patterns with those present on record for a person.
Application Insights:
The application segment has been further categorized into banking, financial services, and insurance (BFSI), retail & e-commerce, healthcare, government & defense, IT & telecom and others. The BFSI sector dominated the global behavioral biometrics technology market in 2017. This can be attributed to the increasing adoption of authentication solutions by banks and other financial institutions to ensure secure transactions. Moreover, rising concerns regarding data safety and identity theft are driving the need for robust security measures across various industries worldwide.
The growing popularity of smartphones coupled with an increase in digital transactions is leading to a significant rise in cyberattacks that attempt to gain access to sensitive information stored on a victim¢â‚¬â„¢s device or online account.
Regional Analysis:
North America is expected to dominate the global market over the forecast period. This growth can be attributed to increasing government initiatives and investments in security infrastructure, growing adoption of emerging technologies by various organizations, and rising need for identity verification solutions among enterprises and consumers. The U.S., being a developed nation with high penetration of IT companies, has been early adopter of these advanced technologies across several sectors including BFSI, healthcare & life sciences, retail & e-commerce etc., thereby contributing significantly to regional market growth.
Growth Factors:
- Increasing demand for security and safety measures across various industries
- Proliferation of digital devices and BYOD trend among employees
- Growing need to protect user identities and personal data from cyber threats
- Rising adoption of biometric authentication by financial institutions for customer verification
- Emergence of new applications for behavioral biometrics technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Behavioral Biometrics Technology Market Research Report
By Type
Keystroke Dynamics, Gait Analysis, Signature Analysis, Voice Recognition
By Application
BFSI, Retail & E-commerce, Healthcare, Government & Defense, IT & Telecom, Others
By Companies
BehavioSec Inc., BioCatch, Fair Isaac Corporation, Mastercard Incorporated, Nuance Communications, Inc., Plurilock Security Solutions Inc., SecureAuth Corporation, SecuredTouch Inc, UnifyID, Zighra
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Behavioral Biometrics Technology Market Report Segments:
The global Behavioral Biometrics Technology market is segmented on the basis of:
Types
Keystroke Dynamics, Gait Analysis, Signature Analysis, Voice Recognition
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Retail & E-commerce, Healthcare, Government & Defense, IT & Telecom, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BehavioSec Inc.
- BioCatch
- Fair Isaac Corporation
- Mastercard Incorporated
- Nuance Communications, Inc.
- Plurilock Security Solutions Inc.
- SecureAuth Corporation
- SecuredTouch Inc
- UnifyID
- Zighra
Highlights of The Behavioral Biometrics Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Keystroke Dynamics
- Gait Analysis
- Signature Analysis
- Voice Recognition
- By Application:
- BFSI
- Retail & E-commerce
- Healthcare
- Government & Defense
- IT & Telecom
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Behavioral Biometrics Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Behavioral biometrics technology is a subset of biometric technologies that uses behavioral data to identify individuals. Behavioral data can include things like how often an individual opens and clicks on emails, what websites they visit, or what types of activities they engage in.
Some of the key players operating in the behavioral biometrics technology market are BehavioSec Inc., BioCatch, Fair Isaac Corporation, Mastercard Incorporated, Nuance Communications, Inc., Plurilock Security Solutions Inc., SecureAuth Corporation, SecuredTouch Inc, UnifyID, Zighra.
The behavioral biometrics technology market is expected to register a CAGR of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Behavioral Biometrics Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Behavioral Biometrics Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Behavioral Biometrics Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Behavioral Biometrics Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Behavioral Biometrics Technology Market Size & Forecast, 2018-2028
4.5.1 Behavioral Biometrics Technology Market Size and Y-o-Y Growth
4.5.2 Behavioral Biometrics Technology Market Absolute $ Opportunity
Chapter 5 Global Behavioral Biometrics Technology Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Behavioral Biometrics Technology Market Size Forecast by Type
5.2.1 Keystroke Dynamics
5.2.2 Gait Analysis
5.2.3 Signature Analysis
5.2.4 Voice Recognition
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Behavioral Biometrics Technology Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Behavioral Biometrics Technology Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Retail & E-commerce
6.2.3 Healthcare
6.2.4 Government & Defense
6.2.5 IT & Telecom
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Behavioral Biometrics Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Behavioral Biometrics Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Behavioral Biometrics Technology Analysis and Forecast
9.1 Introduction
9.2 North America Behavioral Biometrics Technology Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Behavioral Biometrics Technology Market Size Forecast by Type
9.6.1 Keystroke Dynamics
9.6.2 Gait Analysis
9.6.3 Signature Analysis
9.6.4 Voice Recognition
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Behavioral Biometrics Technology Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Retail & E-commerce
9.10.3 Healthcare
9.10.4 Government & Defense
9.10.5 IT & Telecom
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Behavioral Biometrics Technology Analysis and Forecast
10.1 Introduction
10.2 Europe Behavioral Biometrics Technology Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Behavioral Biometrics Technology Market Size Forecast by Type
10.6.1 Keystroke Dynamics
10.6.2 Gait Analysis
10.6.3 Signature Analysis
10.6.4 Voice Recognition
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Behavioral Biometrics Technology Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Retail & E-commerce
10.10.3 Healthcare
10.10.4 Government & Defense
10.10.5 IT & Telecom
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Behavioral Biometrics Technology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Behavioral Biometrics Technology Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Behavioral Biometrics Technology Market Size Forecast by Type
11.6.1 Keystroke Dynamics
11.6.2 Gait Analysis
11.6.3 Signature Analysis
11.6.4 Voice Recognition
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Behavioral Biometrics Technology Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Retail & E-commerce
11.10.3 Healthcare
11.10.4 Government & Defense
11.10.5 IT & Telecom
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Behavioral Biometrics Technology Analysis and Forecast
12.1 Introduction
12.2 Latin America Behavioral Biometrics Technology Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Behavioral Biometrics Technology Market Size Forecast by Type
12.6.1 Keystroke Dynamics
12.6.2 Gait Analysis
12.6.3 Signature Analysis
12.6.4 Voice Recognition
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Behavioral Biometrics Technology Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Retail & E-commerce
12.10.3 Healthcare
12.10.4 Government & Defense
12.10.5 IT & Telecom
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Behavioral Biometrics Technology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Behavioral Biometrics Technology Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Behavioral Biometrics Technology Market Size Forecast by Type
13.6.1 Keystroke Dynamics
13.6.2 Gait Analysis
13.6.3 Signature Analysis
13.6.4 Voice Recognition
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Behavioral Biometrics Technology Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Retail & E-commerce
13.10.3 Healthcare
13.10.4 Government & Defense
13.10.5 IT & Telecom
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Behavioral Biometrics Technology Market: Competitive Dashboard
14.2 Global Behavioral Biometrics Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BehavioSec Inc.
14.3.2 BioCatch
14.3.3 Fair Isaac Corporation
14.3.4 Mastercard Incorporated
14.3.5 Nuance Communications, Inc.
14.3.6 Plurilock Security Solutions Inc.
14.3.7 SecureAuth Corporation
14.3.8 SecuredTouch Inc
14.3.9 UnifyID
14.3.10 Zighra
