Behavioral Biometrics Market (By Component – Software, Service (Managed Services, Professional Services). By Type- Keystroke Dynamics, Gait Analysis, Signature Analysis, Voice Recognition. By Application - Identity Proofing, Continuous Authentication, Risk & Compliance Management, Fraud Detection & Prevention. By Deployment – Cloud, On-premise. By Enterprise - Large Enterprises, Small & Medium Enterprises. By End-Use – BFSI, Retail & E-commerce, Healthcare, Government & Defense, IT & Telecom, Others. By Geography – North America, Latin America, Europe, Asia Pacific, Middle East and Africa.) - Industry analysis, size, share, growth, trends and forecast, 2021 – 2031. Post-Covid Analysis

The Global Behavioral Biometrics Market was $0.94 Bn in 2020, and it is expected to reach $13.2 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 26.7% between 2021-2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Due to increased incidences of cyberattacks and the increased demand to protect the data of the customer and also to offer a streamlined experience the different enterprises are now looking for advanced security solutions. The behavioral biometric tools are actually less vulnerable to the authentication of frauds and hacking which will help to accelerate the growth of this market during the forecasted period.

Global Behavioral Biometrics Market Is Estimated To Witness Remarkable Growth

Source: SAI Research

The Global Behavioral Biometrics Market has been segmented into component, type, application, deployment, enterprise size, and end-use. On the basis of component Global Behavioral Biometrics Market has been segmented into – Software, Service (Managed Services, Professional Services). On the basis of type, it has been segmented into Keystroke Dynamics, Gait Analysis, Signature Analysis, and Voice Recognition. On the basis of application, it has been segmented into Identity Proofing, Continuous Authentication, Risk & Compliance Management, and Fraud Detection & Prevention. On the basis of deployment, it has been segmented into Cloud, On-premise. On the basis of enterprise-sized, it has been segmented into Large Enterprises, Small & Medium Enterprises. On the basis of end-use it has been segmented into BFSI, Retail & E-commerce, Healthcare, Government & Defense, IT & Telecom, Others.

By Region, North America Is Holding the Major Market Share

The Global Behavioral Biometrics Market has been geographically segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, North America, Global Behavioral Biometrics Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. this is because the increased use of advanced technologies like Machine Learning (ML), and Artificial Intelligence (AI), and the blockchain has led this region dominate the market.

Major Players In Global Behavioral Biometrics Market

Some of the major players in the Global Behavioral Biometrics Market include BioCatch, BehavioSec Inc., Fair Isaac Corporation, Nuance Communications, Inc., SecureAuth Corporation, Mastercard Incorporated, Plurilock Security Solutions Inc., UnifyID, SecuredTouch Inc., Zighra.

The Global Behavioral Biometrics Market Has Been Segmented Into:

Global Behavioral Biometrics Market, By Component

• Software
• Service (Managed Services & Professional Services)

Global Behavioral Biometrics Market, By Type

• Keystroke Dynamics
• Gait Analysis
• Signature Analysis
• Voice Recognition

Global Behavioral Biometrics Market, By Application

• Identity Proofing
• Continuous Authentication
• Risk & Compliance Management
• Fraud Detection & Prevention

Global Behavioral Biometrics Market, By Deployment

• Cloud
• On-premise

Global Behavioral Biometrics Market, By Enterprise Size

• Large Enterprises
• Small & Medium Enterprises

Global Behavioral Biometrics Market, By End-Use

• BFSI
• Retail & E-commerce
• Healthcare
• Government & Defense
• IT & Telecom
• Others

Global Behavioral Biometrics Market, By Region\

• North America
• USA
• Canada
• Mexico
• Rest of North America
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• India
• China
• Japan
• South Korea
• Rest of Asia Pacific
• Latin America, Middle East & Africa
• Brazil
• South Africa
• UAE
• Rest of LAMEA