The market for Behavioral Biometrics is expected to grow at a CAGR of around 24.1% from 2020 to 2027 and expected to reach the market value of around US$ 4,093.2 Mn by 2027.
Behavioral biometrics is the study associated with the measure of uniquely identifying and measurable patterns in human activities. It’s an evolving technology that authenticates users based on patterns in their behavior. Basically, it identifies unique, individual regularities in the ways that people type and move. Behavioral biometrics technologies authenticate continuously, evaluating a user’s ongoing interaction with their mobile device or computer in real-time, unlike traditional authentication methods, which authenticate only when access is initiated. Behavioral biometric tools run on the actual mobile devices and computer systems connected to an organization’s data and a behavioral profile is automatically generated for each user with valid access. The generated behavioral profile reflects the distinct ways in which he/she interacts with critical systems like gestures including keystrokes, screen swipes, and mouse movements. Once a user’s profile is learned, their respective gestures are monitored silently, in real-time, in order to continuously authenticate identity. If the situation occurs, where behavioral patterns don’t match the profile, the system immediately prompts for other Deployment Models of authentication, block access, or lock down the entire device.
Market Dynamics
The rising online transactions and fraudulent activities across the globe in almost every industrial sector including BFSI, retail and e-commerce, healthcare, government and defense, and telecommunications among others are supporting the demand for behavioral biometrics. The increasing need for a multi-layered security approach in the finance vertical because the risk of data breaches is higher in the financial sector is further bolstering market growth. Additionally, enhanced security as compared to static biometrics and higher compatibility with emerging AI technologies are the factors projected to provide potential opportunities throughout the forecast period from 2020 to 2027.
On the other side, low cybersecurity budget and high installation cost associated with the behavioral biometrics software are projected to hinder the growth to an extent.
North America accounted for the maximum revenue share in the global market
In 2019, North America has the potential revenues share (%) in the behavioral biometrics market and the region is projected estimated to exhibit consistent growth over the forecast period from 2020 to 2027. The technologically advanced industrial infrastructure of the region is supporting the regional market value. The ongoing investment in the research and development by the major players in order to provide more efficient solutions to their customers along with greater security is boosting the market growth. Furthermore, the Asia Pacific region is projected to exhibit the fastest growth throughout the forecast timeframe from 2020 to 2027. The developing economies of the region along with their developing industrial infrastructure are projected to exhibit the fastest growth in the near future. In 2019, the United States has announced the investment of US$ 15 billion for cybersecurity, an increase of 4.1 % i.e. US$ 583.4 million over 2018.
Key Market Players
The players profiled in the report include BehavioSec Inc (Sweden), BioCatch Ltd (Israel), FST Biometrics Corporation (Israel), Mastercard Technologies Canada ULC (NuData Security), Nuance Communications Inc. (US), Plurilock Security Solutions Inc (Canada), SecureAuth Corporation (US), SecuredTouch Inc.(US), UnifyID Inc. (US), Zighra Inc (Canada), and others.
Focus Group for Behavioral Biometrics Market
Manufacturers and Suppliers of Biometric Component and Equipment
Professional service providers
System integrators
Managed service providers
Installation, monitoring, and controlling companies
Technology standards organizations, alliances, forums, and associations related to the market
Legal agencies, Government organizations
Artificial Intelligence (AI) solution providers
User data analytics software providers
Market Segmentation
Market By Application
Identity and access management
Fraud detection and prevention management
Risk and compliance management
Market By Component
Software
Services
Market By Deployment Model
On-premises
Cloud
Market By End-User
BFSI
Retail and eCommerce
Healthcare
Government and Defense
Telecommunications
Others (Education, Real Estate, and Travel)
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Behavioral Biometrics
1.1. Definition and Scope
1.1.1. Definition of Behavioral Biometrics
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Behavioral Biometrics Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Behavioral Biometrics Market By Component
1.2.3. Behavioral Biometrics Market By Deployment Model
1.2.4. Behavioral Biometrics Market By Application
1.2.5. Behavioral Biometrics Market By End-User
1.2.6. Behavioral Biometrics Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Component
2.2.1. Secondary Components
2.2.2. Primary Components
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Regulatory Compliance
3.6. Competitive Landscape, 2019
3.6.1. Player Positioning Analysis
3.6.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Behavioral Biometrics Market By Component
4.1. Introduction
4.2. Behavioral Biometrics Revenue By Component
4.2.1. Behavioral Biometrics Revenue (US$ Mn) and Forecast, By Component, 2016-2027
4.2.2. Software
4.2.2.1. Software Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.3. Services
4.2.3.1. Services Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 5. Behavioral Biometrics Market Revenue By Deployment Model
5.1. Introduction
5.2. Behavioral Biometrics Revenue (US$ Mn) By Deployment Model
5.2.1. Behavioral Biometrics Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
5.2.2. On-premises
5.2.2.1. On-premises Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Cloud
5.2.3.1. Cloud Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Behavioral Biometrics Market By Application
6.1. Introduction
6.2. Behavioral Biometrics Revenue (US$) By Application
6.2.1. Behavioral Biometrics Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
6.3. Identity and access management
6.3.1. Identity and access management Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.4. Fraud detection and prevention management
6.4.1. Fraud detection and prevention management Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.5. Risk and compliance management
6.5.1. Risk and compliance management Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Behavioral Biometrics Market By End-User
7.1. Introduction
7.2. Behavioral Biometrics Revenue (US$) By End-User
7.2.1. Behavioral Biometrics Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
7.3. Infant
7.3.1. Infant Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.4. Children
7.4.1. Children Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.5. Adults
7.5.1. Adults Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.6. Pregnant Women
7.6.1. Pregnant Women Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.7. Old-aged
7.7.1. Old-aged Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. North America Behavioral Biometrics Market By Country
8.1. North America Behavioral Biometrics Overview
8.2. U.S.
8.2.1. U.S. Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016-2027
8.2.2. U.S. Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016-2027
8.2.3. U.S. Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.2.4. U.S. Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.3. Canada
8.3.1. Canada Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016-2027
8.3.2. Canada Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016-2027
8.3.3. Canada Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.3.4. Canada Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe Behavioral Biometrics Market By Country
9.1. Europe Behavioral Biometrics Market Overview
9.2. U.K.
9.2.1. U.K. Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016-2027
9.2.2. U.K. Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016-2027
9.2.3. U.K. Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.2.4. U.K. Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.3. Germany
9.3.1. Germany Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016-2027
9.3.2. Germany Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016-2027
9.3.3. Germany Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.3.4. Germany Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.4. France
9.4.1. France Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016-2027
9.4.2. France Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016-2027
9.4.3. France Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.4.4. France Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.5. Spain
9.5.1. Spain Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016-2027
9.5.2. Spain Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016-2027
9.5.3. Spain Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.5.4. Spain Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016-2027
9.6.2. Rest of Europe Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016-2027
9.6.3. Rest of Europe Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.6.4.
9.6.5. Rest of Europe Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Behavioral Biometrics Market By Country
10.1. Asia Pacific Behavioral Biometrics Market Overview
10.2. China
10.2.1. China Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
10.2.2. China Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
10.2.3. China Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.2.4. China Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
10.3. Japan
10.3.1. Japan Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
10.3.2. Japan Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
10.3.3. Japan Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.3.4. Japan Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
10.4. India
10.4.1. India Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
10.4.2. India Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
10.4.3. India Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.4.4. India Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
10.5. Australia
10.5.1. Australia Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
10.5.2. Australia Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
10.5.3. Australia Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.5.4. Australia Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
10.6. South Korea
10.6.1. South Korea Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
10.6.2. South Korea Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
10.6.3. South Korea Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.6.4. South Korea Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
10.7.2. Rest of Asia-Pacific Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
10.7.3. Rest of Asia-Pacific Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.7.4. Rest of Asia-Pacific Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Behavioral Biometrics Market By Country
11.1. Latin America Behavioral Biometrics Market Overview
11.2. Brazil
11.2.1. Brazil Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
11.2.2. Brazil Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
11.2.3. Brazil Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.2.4. Brazil Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
11.3. Mexico
11.3.1. Mexico Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
11.3.2. Mexico Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
11.3.3. Mexico Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.3.4. Mexico Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
11.4.2. Rest of Latin America Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
11.4.3. Rest of Latin America Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.4.4. Rest of Latin America Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
CHAPTER 12. Middle East & Africa Behavioral Biometrics Market By Country
12.1. Middle East & Africa Behavioral Biometrics Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
12.2.2. Saudi Arabia Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
12.2.3. Saudi Arabia Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.2.4. Saudi Arabia Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
12.3. UAE
12.3.1. UAE Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
12.3.2. UAE Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
12.3.3. UAE Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.3.4. UAE Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Component, 2016 - 2027
12.4.2. Rest of Middle East & Africa Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Deployment Model, 2016 - 2027
12.4.3. Rest of Middle East & Africa Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.4.4. Rest of Middle East & Africa Behavioral Biometrics Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
CHAPTER 13. PLAYER ANALYSIS OF BEHAVIORAL BIOMETRICS MARKET
13.1. Behavioral Biometrics Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Component Launches and Component Enhancements
13.2.3. Mergers And Acquisition In Global Behavioral Biometrics Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. BehavioSec Inc (Sweden)
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. BehavioSec Inc (Sweden) 2019 Behavioral Biometrics Business Regional Distribution
14.1.4. Component/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. BioCatch Ltd (Israel)
14.3. FST Biometrics Corporation (Israel)
14.4. Mastercard Technologies Canada ULC (NuData Security)
14.5. Nuance Communications Inc. (US)
14.6. Plurilock Security Solutions Inc (Canada)
14.7. SecureAuth Corporation (US)
14.8. SecuredTouch Inc.(US)
14.9. UnifyID Inc. (US)
14.10. Zighra Inc (Canada)
14.11. Others
