Behavioral Biometrics Market
Behavioral Biometrics Market Forecasts to 2028 – Global Analysis By Component (Services, Software), Authentication Level (Multi-Factor, Single Factor), Deployment Model (Cloud, On-Premises, Hosted, Hybrid), Type (Passive, Active), and By Geography
According to Stratistics MRC, the Global Behavioral Biometrics market is accounted for $1,229.81 million in 2020 and is expected to reach $6,075.22 million by 2028 growing at a CAGR of 22.1% during the forecast period. Some of the key factors propelling the market growth include the growing instances of cybercrime such as identity theft and financial crimes, the rise in online transactions and fraudulent activities, growth in applications of biometric technology in the commercial and government sectors, growing requirement of multi-layered security systems, and the development of the Internet of Things (IoT) landscape. However, low cybersecurity budget and high installation cost of the behavioral biometrics software is likely to hinder growth of the market.
Behavioral biometrics is a type of security system based on unique identifying and measurable human activity patterns, and their use to authenticate an individual computer user, either in real-time or with hindsight. It is disparity than physical biometrics as it is based on iris pattern or fingerprint. It requires additional software, and can incorporate with existing hardware. Behavioral biometrics is currently installed in online banking, e-commerce, payments, and high-security authentication markets.
By organization size, the large enterprises segment is expected to grow at a significant rate during the forecast period, due to the focus on implementing behavioral biometrics in their business applications to improve customer loyalty and reduce overall infrastructure costs, large enterprises allows to meet the increasingly stringent cybersecurity regulations and standards, and growing advances in technology and technology-driven business models.
On the basis of geography, Asia Pacific region is projected to have considerable market growth during the forecast period, owing to the increased per capita income, rise in the overall investments in the BB software to change the business processes in the finance industry, rapid urbanization and industrialization, and growing proliferation of mobile payment and real-time payment platforms across the region has increased fraud events.
Some of the key players in Behavioral Biometrics Market include IBM Corporation, Fair Isaac Corporation, Plurilock Security Solutions, Inc., Nuance Communications, Inc., Samsung Electronics Co., Ltd., BehavioSec Inc., SecuredTouch, Inc., Mastercard Incorporated, NEC Corporation, BioCatch Ltd, Zighra Inc., UnifyID Inc., Gemalto Inc., Thales Group, AimBrain Solutions Ltd., Callsign Inc., and Pinn Technologies, Inc.
Components Covered:
• Services
• Software
Authentication Levels Covered:
• Multi-Factor
• Single Factor
Deployment Models Covered:
• Cloud
• On-Premises
• Hosted
• Hybrid
Techniques Covered:
• Gait Analysis
• Voice Recognition
• Keyboard Dynamics
• Palm Recognition
• Signature Analysis
• Lip Movement
• Gesture Recognition
• Iris/Retinal Recognition
• Fingerprint Recognition
• Vein Recognition
• Face Recognition
Organization Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises (SMEs)
Types Covered:
• Passive
• Active
Sales Channels Covered:
• Distributor
• Direct Sales
Applications Covered:
• Fraud Detection and Prevention Management
• Identity and Access Management
• Risk and Compliance Management
• Continuous Authentication
• Payment
• Data Protection
• Voter Registration
• Border Control
• Latent Print Matching
• National Identity (ID)
• Public Safety
• E-Passport
• Emulation and Non-Human Behavior Detection
End Users Covered:
• Retail
• Government, Law Enforcement, and Public Services
• Casino
• Forensic
• Criminal
• Sports
• Speech Analytics
• Healthcare and Welfare
• Information Technology (IT) & Telecommunications
• Banking, Financial Services, and Insurance (BFSI)
• Automotive (Car Lock Systems)
• Consumer Electronics
• Call Center
• Manufacturing
• Media and Entertainment
• Military & Defense
• Energy and Utilities
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Behavioral Biometrics Market, By Component
5.1 Introduction
5.2 Services
5.2.1 Professional Services
5.2.1.1 Support and Maintenance
5.2.1.2 Consulting
5.2.2 Managed Services
5.3 Software
6 Global Behavioral Biometrics Market, By Authentication Level
6.1 Introduction
6.2 Multi-Factor
6.3 Single Factor
7 Global Behavioral Biometrics Market, By Deployment Model
7.1 Introduction
7.2 Cloud
7.3 On-Premises
7.4 Hosted
7.5 Hybrid
8 Global Behavioral Biometrics Market, By Technique
8.1 Introduction
8.2 Gait Analysis
8.2.1 One to Many Verification
8.2.2 One to One Verification
8.3 Voice Recognition
8.4 Keyboard Dynamics
8.4.1 Dynamic verification (Free text mode)
8.4.1.1 Periodic Monitoring
8.4.1.2 Pattern Regardless of the Typed Text
8.4.2 Static Verification (Fixed Text Mode)
8.4.2.1 Login time
8.4.2.2 Password Typing Rhythm
8.5 Palm Recognition
8.6 Signature Analysis
8.7 Lip Movement
8.7.1 Shape Based Model
8.7.2 Appearance Based Model
8.7.3 Point Distribution Model
8.8 Gesture Recognition
8.9 Iris/Retinal Recognition
8.10 Fingerprint Recognition
8.11 Vein Recognition
8.12 Face Recognition
9 Global Behavioral Biometrics Market, By Organization Size
9.1 Introduction
9.2 Large Enterprises
9.3 Small and Medium-Sized Enterprises (SMEs)
10 Global Behavioral Biometrics Market, By Type
10.1 Introduction
10.2 Passive
10.3 Active
11 Global Behavioral Biometrics Market, By Sales Channel
11.1 Introduction
11.2 Distributor
11.3 Direct Sales
12 Global Behavioral Biometrics Market, By Application
12.1 Introduction
12.2 Fraud Detection and Prevention Management
12.3 Identity and Access Management
12.4 Risk and Compliance Management
12.5 Continuous Authentication
12.6 Payment
12.7 Data Protection
12.8 Voter Registration
12.9 Border Control
12.10 Latent Print Matching
12.11 National Identity (ID)
12.12 Public Safety
12.13 E-Passport
12.14 Emulation and Non-Human Behavior Detection
13 Global Behavioral Biometrics Market, By End User
13.1 Introduction
13.2 Retail
13.3 Government, Law Enforcement, and Public Services
13.3.1 Foreign trade
13.3.2 E-Procurement
13.3.3 Patent office
13.3.4 Driving License
13.4 Casino
13.5 Forensic
13.6 Criminal
13.8 Sports
13.9 Speech Analytics
13.10 Healthcare and Welfare
13.11 Information Technology (IT) & Telecommunications
13.12 Banking, Financial Services, and Insurance (BFSI)
13.12.1 E-Commerce
13.12.2 Online Banking
13.12.3 E-Mail
13.13 Automotive (Car Lock Systems)
13.14 Consumer Electronics
13.14.1 Laptops
13.14.2 Smartphones
13.15 Call Center
13.16 Manufacturing
13.17 Media and Entertainment
13.18 Military & Defense
13.19 Energy and Utilities
13.20 Other End Users
13.20.1 Real Estate
13.20.2 Education (Online Education)
13.20.3 Travel and Hospitality
14 Global Behavioral Biometrics Market, By Geography
14.1 Introduction
14.2 North America
14.2.1 US
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 Italy
14.3.4 France
14.3.5 Spain
14.3.6 Rest of Europe
14.4 Asia Pacific
14.4.1 Japan
14.4.2 China
14.4.3 India
14.4.4 Australia
14.4.5 New Zealand
14.4.6 South Korea
14.4.7 Rest of Asia Pacific
14.5 South America
14.5.1 Argentina
14.5.2 Brazil
14.5.3 Chile
14.5.4 Rest of South America
14.6 Middle East & Africa
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Qatar
14.6.4 South Africa
14.6.5 Rest of Middle East & Africa
15 Key Developments
15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies
16 Company Profiling
16.1 IBM Corporation
16.2 Fair Isaac Corporation
16.3 Plurilock Security Solutions, Inc.
16.4 Nuance Communications, Inc.
16.5 Samsung Electronics Co., Ltd.
16.6 BehavioSec Inc.
16.7 SecuredTouch, Inc.
16.8 Mastercard Incorporated
16.9 NEC Corporation
16.10 BioCatch Ltd
16.11 Zighra Inc.
16.12 UnifyID Inc.
16.13 Gemalto Inc.
16.14 Thales Group
16.15 AimBrain Solutions Ltd.
16.16 Callsign Inc.
16.17 Pinn Technologies, Inc.
List of Tables
1 Global Behavioral Biometrics Market Outlook, By Region (2019-2028) ($MN)
2 Global Behavioral Biometrics Market Outlook, By Component (2019-2028) ($MN)
3 Global Behavioral Biometrics Market Outlook, By Services (2019-2028) ($MN)
4 Global Behavioral Biometrics Market Outlook, By Professional Services (2019-2028) ($MN)
5 Global Behavioral Biometrics Market Outlook, By Support and Maintenance (2019-2028) ($MN)
6 Global Behavioral Biometrics Market Outlook, By Consulting (2019-2028) ($MN)
7 Global Behavioral Biometrics Market Outlook, By Managed Services (2019-2028) ($MN)
8 Global Behavioral Biometrics Market Outlook, By Software (2019-2028) ($MN)
9 Global Behavioral Biometrics Market Outlook, By Authentication Level (2019-2028) ($MN)
10 Global Behavioral Biometrics Market Outlook, By Multi-Factor (2019-2028) ($MN)
11 Global Behavioral Biometrics Market Outlook, By Single Factor (2019-2028) ($MN)
12 Global Behavioral Biometrics Market Outlook, By Deployment Model (2019-2028) ($MN)
13 Global Behavioral Biometrics Market Outlook, By Cloud (2019-2028) ($MN)
14 Global Behavioral Biometrics Market Outlook, By On-Premises (2019-2028) ($MN)
15 Global Behavioral Biometrics Market Outlook, By Hosted (2019-2028) ($MN)
16 Global Behavioral Biometrics Market Outlook, By Hybrid (2019-2028) ($MN)
17 Global Behavioral Biometrics Market Outlook, By Technique (2019-2028) ($MN)
18 Global Behavioral Biometrics Market Outlook, By Gait Analysis (2019-2028) ($MN)
19 Global Behavioral Biometrics Market Outlook, By One to Many Verification (2019-2028) ($MN)
20 Global Behavioral Biometrics Market Outlook, By One to One Verification (2019-2028) ($MN)
21 Global Behavioral Biometrics Market Outlook, By Voice Recognition (2019-2028) ($MN)
22 Global Behavioral Biometrics Market Outlook, By Keyboard Dynamics (2019-2028) ($MN)
23 Global Behavioral Biometrics Market Outlook, By Dynamic verification (Free text mode) (2019-2028) ($MN)
24 Global Behavioral Biometrics Market Outlook, By Static Verification (Fixed Text Mode) (2019-2028) ($MN)
25 Global Behavioral Biometrics Market Outlook, By Palm Recognition (2019-2028) ($MN)
26 Global Behavioral Biometrics Market Outlook, By Signature Analysis (2019-2028) ($MN)
27 Global Behavioral Biometrics Market Outlook, By Lip Movement (2019-2028) ($MN)
28 Global Behavioral Biometrics Market Outlook, By Shape Based Model (2019-2028) ($MN)
29 Global Behavioral Biometrics Market Outlook, By Appearance Based Model (2019-2028) ($MN)
30 Global Behavioral Biometrics Market Outlook, By Point Distribution Model (2019-2028) ($MN)
31 Global Behavioral Biometrics Market Outlook, By Gesture Recognition (2019-2028) ($MN)
32 Global Behavioral Biometrics Market Outlook, By Iris/Retinal Recognition (2019-2028) ($MN)
33 Global Behavioral Biometrics Market Outlook, By Fingerprint Recognition (2019-2028) ($MN)
34 Global Behavioral Biometrics Market Outlook, By Vein Recognition (2019-2028) ($MN)
35 Global Behavioral Biometrics Market Outlook, By Face Recognition (2019-2028) ($MN)
36 Global Behavioral Biometrics Market Outlook, By Organization Size (2019-2028) ($MN)
37 Global Behavioral Biometrics Market Outlook, By Large Enterprises (2019-2028) ($MN)
38 Global Behavioral Biometrics Market Outlook, By Small and Medium-Sized Enterprises (SMEs) (2019-2028) ($MN)
39 Global Behavioral Biometrics Market Outlook, By Type (2019-2028) ($MN)
40 Global Behavioral Biometrics Market Outlook, By Passive (2019-2028) ($MN)
41 Global Behavioral Biometrics Market Outlook, By Active (2019-2028) ($MN)
42 Global Behavioral Biometrics Market Outlook, By Sales Channel (2019-2028) ($MN)
43 Global Behavioral Biometrics Market Outlook, By Distributor (2019-2028) ($MN)
44 Global Behavioral Biometrics Market Outlook, By Direct Sales (2019-2028) ($MN)
45 Global Behavioral Biometrics Market Outlook, By Application (2019-2028) ($MN)
46 Global Behavioral Biometrics Market Outlook, By Fraud Detection and Prevention Management (2019-2028) ($MN)
47 Global Behavioral Biometrics Market Outlook, By Identity and Access Management (2019-2028) ($MN)
48 Global Behavioral Biometrics Market Outlook, By Risk and Compliance Management (2019-2028) ($MN)
49 Global Behavioral Biometrics Market Outlook, By Continuous Authentication (2019-2028) ($MN)
50 Global Behavioral Biometrics Market Outlook, By Payment (2019-2028) ($MN)
51 Global Behavioral Biometrics Market Outlook, By Data Protection (2019-2028) ($MN)
52 Global Behavioral Biometrics Market Outlook, By Voter Registration (2019-2028) ($MN)
53 Global Behavioral Biometrics Market Outlook, By Border Control (2019-2028) ($MN)
54 Global Behavioral Biometrics Market Outlook, By Latent Print Matching (2019-2028) ($MN)
55 Global Behavioral Biometrics Market Outlook, By National Identity (ID) (2019-2028) ($MN)
56 Global Behavioral Biometrics Market Outlook, By Public Safety (2019-2028) ($MN)
57 Global Behavioral Biometrics Market Outlook, By E-Passport (2019-2028) ($MN)
58 Global Behavioral Biometrics Market Outlook, By Emulation and Non-Human Behavior Detection (2019-2028) ($MN)
59 Global Behavioral Biometrics Market Outlook, By End User (2019-2028) ($MN)
60 Global Behavioral Biometrics Market Outlook, By Retail (2019-2028) ($MN)
61 Global Behavioral Biometrics Market Outlook, By Government, Law Enforcement, and Public Services (2019-2028) ($MN)
62 Global Behavioral Biometrics Market Outlook, By Foreign Trade (2019-2028) ($MN)
63 Global Behavioral Biometrics Market Outlook, By E-Procurement (2019-2028) ($MN)
64 Global Behavioral Biometrics Market Outlook, By Patent office (2019-2028) ($MN)
65 Global Behavioral Biometrics Market Outlook, By Driving License (2019-2028) ($MN)
66 Global Behavioral Biometrics Market Outlook, By Casino (2019-2028) ($MN)
67 Global Behavioral Biometrics Market Outlook, By Forensic (2019-2028) ($MN)
68 Global Behavioral Biometrics Market Outlook, By Criminal (2019-2028) ($MN)
69 Global Behavioral Biometrics Market Outlook, By Sports (2019-2028) ($MN)
70 Global Behavioral Biometrics Market Outlook, By Speech Analytics (2019-2028) ($MN)
71 Global Behavioral Biometrics Market Outlook, By Healthcare and Welfare (2019-2028) ($MN)
72 Global Behavioral Biometrics Market Outlook, By Information Technology (IT) & Telecommunications (2019-2028) ($MN)
73 Global Behavioral Biometrics Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2019-2028) ($MN)
74 Global Behavioral Biometrics Market Outlook, By E-Commerce (2019-2028) ($MN)
75 Global Behavioral Biometrics Market Outlook, By Online Banking (2019-2028) ($MN)
76 Global Behavioral Biometrics Market Outlook, By E-Mail (2019-2028) ($MN)
77 Global Behavioral Biometrics Market Outlook, By Automotive (Car Lock Systems) (2019-2028) ($MN)
78 Global Behavioral Biometrics Market Outlook, By Consumer Electronics (2019-2028) ($MN)
79 Global Behavioral Biometrics Market Outlook, By Laptops (2019-2028) ($MN)
80 Global Behavioral Biometrics Market Outlook, By Smartphones (2019-2028) ($MN)
81 Global Behavioral Biometrics Market Outlook, By Call Center (2019-2028) ($MN)
82 Global Behavioral Biometrics Market Outlook, By Manufacturing (2019-2028) ($MN)
83 Global Behavioral Biometrics Market Outlook, By Media and Entertainment (2019-2028) ($MN)
84 Global Behavioral Biometrics Market Outlook, By Military & Defense (2019-2028) ($MN)
85 Global Behavioral Biometrics Market Outlook, By Energy and Utilities (2019-2028) ($MN)
86 Global Behavioral Biometrics Market Outlook, By Other End Users (2019-2028) ($MN)
87 Global Behavioral Biometrics Market Outlook, By Real Estate (2019-2028) ($MN)
88 Global Behavioral Biometrics Market Outlook, By Education (Online Education) (2019-2028) ($MN)
89 Global Behavioral Biometrics Market Outlook, By Travel and Hospitality (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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