Global Behavioral Biometrics Market (2020 to 2026) - by Component, Application, Type, Deployment Type, End-user and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Behavioral Biometrics Market By Component, By Application, By Type, By Deployment Type, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Behavioral Biometrics Market size is expected to reach $3.4 billion by 2026, rising at a market growth of 23.4% CAGR during the forecast period.

Behavioral biometrics solution is beneficial for the purpose of identification of users by examining their activities like signature verification, keystroke dynamics, gesture recognition, voice recognition, and others. In the solution, a biometrics system validates a behavior of the users against its profile that is built from a huge number of cognitive, physiological, and contextual traits. This technology is expected to improve data security amongst different end-users. This will create beneficial opportunities for the expansion of the market in the coming future.

The market growth of global behavioral biometrics is mainly driven by the development of the IoT landscape, an increase in the number of online transactions, and a rise in the necessity for improved security systems. Moreover, performance issues related to behavioral biometrics solutions and the dearth of cybersecurity budget are anticipated to substantially impact the behavioral biometrics market growth in the coming years. Furthermore, the advent of AI in behavioral biometrics and the development of the cloud-based solutions market is likely to have a positive effect on the growth of the global behavioral biometrics market during the foreseeable period. These factors together provide new opportunities for the growth of the market. Though, each factor has a certain impact on the market.

The advent of technologies like Artificial Intelligence (AI) & machine learning (MI), and the increasing adoption of these technologies in authentication and identification application, could offer a potential growth opportunity for players of the market. Developers are progressively started adopting AI and machine learning in behavioral biometrics in order to develop identification, authentication, and verification products for improved security. AI-driven behavioral biometrics are mostly used for the prevention of account takeover fraud across financial institutions. Progresses in the field of AI are assisting substantial improvements in the abilities of AI-driven behavioral biometrics, the rising adoption of which is anticipated to advance identification and authentication approaches.

The COVID-19 pandemic is anticipated to have a negative impact on the behavioral biometrics technology market on numerous fronts. The pandemic has forced several companies to temporarily halt manufacturing operations in order to obey new government regulations. Revenue streams have been affected the most owing to the adverse impact of disruption of supply chains and trade on overall operations. Though, the pandemic has augmented the demand for hygienic, secure, and appropriate authentication systems all across the globe. The extremely infectious nature of COVID-19 has made people cautious of touching keypads, card readers, and other devices that are used for precise identity authentication.

Companies Profiled

• IBM Corporation
• Samsung Electronics Co., Ltd. (Samsung Group)
• NEC Corporation
• Nuance Communications, Inc.
• Fair Isaac Corporation (FICO) (EZMCOM, Inc.)
• Mastercard, Inc. (NuData Security, Inc.)
• BioCatch Ltd.
• BehavioSec, Inc.
• Plurilock Security Solutions, Inc.
• SecuredTouch, Inc.

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Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Executive Summary

2.1.3 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 Cardinal Matrix

3.2 Recent Industry Wide Strategic Developments

3.2.1 Partnerships, Collaborations and Agreements

3.2.2 Product Launches and Product Expansions

3.2.3 Mergers & Acquisitions

3.3 Top Winning Strategies

3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)

3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, Apr - 2020, Jul) Leading Players

Chapter 4. Global Behavioral Biometrics Market by Component

4.1 Global Behavioral Biometrics Software Market by Region

4.2 Global Behavioral Biometrics Services Market by Region

Chapter 5. Global Behavioral Biometrics Market by Application

5.1 Global Behavioral Biometrics Identity & Access Management Market by Region

5.2 Global Behavioral Biometrics Risk & Compliance Management Market by Region

5.3 Global Behavioral Biometrics Fraud Detection & Prevention market by Region

Chapter 6. Global Behavioral Biometrics Market by Type

6.1 Global Voice Recognition Behavioral Biometrics Market by Region

6.2 Global Signature Analysis Behavioral Biometrics Market by Region

6.3 Global Keystroke Dynamics Behavioral Biometrics Market by Region

6.4 Global Other Type Behavioral Biometrics Market by Region

Chapter 7. Global Behavioral Biometrics Market by Deployment Type

7.1 Global On-premise Behavioral Biometrics Market by Region

7.2 Global Hosted Behavioral Biometrics Market by Region

Chapter 8. Global Behavioral Biometrics Market by End Use

8.1 Global BFSI Behavioral Biometrics Market by Region

8.2 Global Telecom & IT Behavioral Biometrics Market by Region

8.3 Global Healthcare Behavioral Biometrics Market by Region

8.4 Global Retail & E-commerce Behavioral Biometrics Market by Region

8.5 Global Government & Defense Behavioral Biometrics Market by Region

8.6 Global Others Behavioral Biometrics Market by Region

Chapter 9. Global Behavioral Biometrics Market by Region

9.1 North America Behavioral Biometrics Market

9.2 Europe Behavioral Biometrics Market

9.3 Asia Pacific Behavioral Biometrics Market

9.4 LAMEA Behavioral Biometrics Market

Chapter 10. Company Profiles

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