Behavioral Biometrics Market will Worth $3,922.42 million Globally by 2025, Growing at a CAGR of 23.71% from 2018 to 2025, Report - PowerPoint PPT Presentation

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Behavioral Biometrics Market will Worth $3,922.42 million Globally by 2025, Growing at a CAGR of 23.71% from 2018 to 2025, Report

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The global behavioral biometrics market size was valued at $720.50 million in 2017, and the behavioral biometrics market forecast is projected to reach $3,922.42 million by 2025, registering a CAGR of 23.71% from 2018 to 2025. – PowerPoint PPT presentation

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Title: Behavioral Biometrics Market will Worth $3,922.42 million Globally by 2025, Growing at a CAGR of 23.71% from 2018 to 2025, Report


1
GLOBAL OPPORTUNITY AND FORECAST 2018- 2028
2
 
Behavioral Biometrics Market Analyst Review
Asia-Pacific is expected to grow at the highest
CAGR during the forecast period, due to rise in
investments in behavioral biometrics technology
among the government BFSI sectors. Pramod
BorasiResearch Associate, ICT at Allied Market
Research
 
3
 
CURRENT AND FUTURE MARKET SCENARIO
  • The global behavioral biometrics market size was
    valued at 720.50 million in 2017.
  • The behavioral biometrics market forecast is
    projected to reach 3,922.42 million by 2025.
  • The global behavioral biometrics market growing
    at a CAGR of 23.71 from 2018 to 2025. 
  • By industry vertical, the BFSI segment is
    expected to dominate the global behavioral
    biometrics during the forecast period.
  • The healthcare segment is expected to grow at the
    highest CAGR during the forecast period.

Top Investment Pockets In 2017, North America
dominated the global market, and is expected to
maintain this trend during the forecast period.
However, Asia-Pacific is expected to witness the
highest growth in the near future, owing to rise
in digital security spending among the government
BFSI sector and increase in smartphones
penetration in the emerging economies such as
China, Japan, India, and South Korea.
4
 
TOP IMPACTING FACTORS TO MARKET GROWTH
  • Rise in number of digital transactions.
  • Development of IoT landscape.
  • Growth in applications of biometric technology in
    commercial and government sectors.

Based on industry vertical, the BFSI dominated
the global market in 2017, owing to rise in
demand for advanced data security solutions among
these organizations. Recently, Israel-based bank,
Leumi Card announced to replace passwords with
passive behavioral authentication for data
security. Furthermore, the healthcare segment is
expected to grow at the highest CAGR during the
forecast period, owing to rise in demand for
biometric solutions to meet the unique challenges
such as patient identification, patient record
maintenance, fake billing, duplicates claims, and
others.
5
 
Behavioral Biometrics Market Segmentation
  • By Component
  • Software
  • Service
  • By Type
  • Keystroke Dynamics
  • Gait Analysis
  • Signature Analysis
  • Voice Recognition
  • Others
  • By Deployment Model
  • On-premise
  • Cloud

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6
By region, Asia-Pacific is anticipated to exhibit
substantial growth during the forecast period.
Based on deployment mode, the on-premise
behavioral biometrics solutions segment generated
the highest revenue in 2017.
By industry vertical, the BFSI segment is
expected to dominate the global behavioral
biometrics during the forecast period.
7
 
GEOGRAPHICAL OVERVIEW
  • Based on region, it is analyzed across North
    America, Europe, Asia-Pacific, and LAMEA.
  • In 2017, North America accounted for the highest
    revenue among the other regions.
  • Asia-Pacific is anticipated to exhibit
    substantial growth during the forecast period.

8
DOMINATING MARKET PLAYERS PROFILED IN THE STUDY
  • BehavioSec Inc.
  • BioCatch
  • EZMCOM Inc.
  • IBM Corporation
  • NEC Corporation
  • Nuance Communications, Inc.
  • NuData Security Inc.
  • Plurilock
  • Samsung SDS
  • SecuredTouch Inc.

9
 
A Report Titled Behavioral Biometrics Market -
Opportunities And Forecast, 2017 2023 has been
recently published by Allied Market Research. It
makes an In-depth Analysis of current trends,
drivers, and restraining factors that affect
Financial Ratios relevant to the industry.
Company profiles for key vendors in business
builds a comprehensive picture of profitable
opportunities from Stakeholders Perspective. To
Know More About Behavioral Biometrics Market -
Opportunities and Forecast 2018-2025 Access Full
Summery Report https//www.alliedmarketresearch.c
om/behavioral-biometrics-market Access Full
Summery Report https//www.alliedmarketresearch.c
om/purchase-enquiry/5118 Follow Allied Market
Research
10
 
ABOUT ALLIED MARKET RESEARCH
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
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clients to make strategic business decisions and
achieve sustainable growth in their respective
market domain. We are in professional corporate
relations with various companies and this helps
us in digging out market data that helps us
generate accurate research data tables and
confirms utmost accuracy in our market
forecasting. Each and every data presented in the
reports published by us is extracted through
primary interviews with top officials from
leading companies of domain concerned. Our
secondary data procurement methodology includes
deep online and offline research and discussion
with knowledgeable professionals and analysts in
the industry.
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