From Authentication to Identification: Mapping the Behavioral Biometrics Market

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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) _at_ https//www.alliedma
rketresearch.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 Porters five forces analysis of the
industry to understand the impact of various
factors
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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
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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

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• 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)

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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
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