From Authentication to Identification: Mapping the Behavioral Biometrics Market

1. From Authentication to Identification: Mapping the Behavioral Biometrics Market According to a recent report published by Allied Market Research, titled, the global behavioral biometrics market was valued at $720.50 million in 2017, and is projected to reach $3,922.42 million by 2025, registering a CAGR of 23.71% from 2018 to 2025. In 2017, the voice recognition segment accounted for the highest revenue in the market. A behavioral biometrics solution is employed for identification purposes by analyzing user activities like keystroke dynamics, signature verification, voice recognition, gesture recognition, and more. Within this system, a biometric system compares a user's behavior with a profile constructed from numerous physiological, cognitive, and contextual characteristics. This technology is expected to bolster data security across various user groups, presenting promising opportunities for market growth in the foreseeable future. Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.alliedmarketresearch.com/request-sample/5118 This technology decreases the dependency on passwords and other forms of authentication and prevents single point of failure. It is becoming mainstream, as enterprise customers have been constantly focusing on adding an additional layer of security on top of existing authentication methods to secure their data. Development of IoT landscape, rise in number of online transactions, and surge in number of advanced threats have led to increased need for enhanced authentication systems, thereby driving the market growth. However, low digital security funding restrains the growth of the market. Inquiry Before Purchasing The report focuses on the growth prospects, restraints, and trends of global behavioral biometrics market analysis. Moreover, the study includes the Porter’s five forces analysis of the industry to understand the impact of various factors

2. such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the growth of the market. Behavioral biometrics, emerging within the realm of biometric technologies, emphasizes a dynamic authentication approach that assesses risk through continuous monitoring. It serves as an additional layer within multi-factor authentication systems, offering ongoing scrutiny of user behavior. This solution finds application across various sectors including enterprise security, online banking, and mobile security, among others. The expansion of the IoT, escalating online transactions, and heightened security concerns due to data threats propel the growth of the global behavioral biometrics market. Market dynamics reveal fragmentation, with numerous key vendors holding significant market shares. Buy Behavioral Biometrics Market Report Key Questions Answered in the Intelligent Study •What is the market size and growth rate of the global and regional market by various segments? •What is the market size and growth rate of the market for selective countries? •Which region or sub-segment is expected to drive the market in the forecast period? •What Factors are estimated to drive and restrain the market growth? •What are the key technological and market trends shaping the market? •What are the key opportunities in the market? •What are the key companies operating in the market? •Which company accounted for the highest market share? Segmental Analysis:

3. By Component •Software •Service By Type •Keystroke Dynamics •Gait Analysis •Signature Analysis •Voice Recognition •Others By Application •Identity Proofing •Continuous Authentication •Risk & Compliance Management •Fraud Detection & Prevention By Industry Vertical •BFSI •Retail & E-commerce •Healthcare •Government & Defense •IT & Telecom •Others

4. By Region •North America (U.S., Canada) •Europe (Germany, UK, France, Rest of Europe) •Asia-Pacific (Japan, China, India, Rest of Asia-Pacific) •LAMEA (Latin America, Middle East, Africa) Major market players •BitGo, •Ledger SAS, •Coinbase Global, Inc., •BitPay, •BlockFi Inc., •Exodus Movement, Inc., •ZenGo Ltd, •Binance, •Blockchain.com, Inc., •SatoshiLabs S.r.o.(Trezor) About Us: Allied Market Research (AMR) is a full-service market research and business- consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains. Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data

5. procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: David Correa 5933 NE Wi Toll-Free: 1-800-792-5285 UK: +44-845-528-1300n Sivers Drive #205, Portland, OR 97220 United States Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn Twitter