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(IT-NEWSWIRE.COM, September 16, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Behavioral Biometric market for 2018-2023.
Behavioral biometrics helps in uniquely identifying an individual based on measurable patterns of human traits such as keystroke analysis, voice authentication, and signature verification of an individual.
The rise in the demand for behavioral biometric technologies, such as keystroke recognition, signature recognition, and voice recognition, from the BFSI sector, is a significant factor that drives market growth during the forecast period. Data security has been a key concern for enterprises, government organizations, and individuals with keys, identity badges, and numeric keypads being the most popular devices used to prevent unauthorized access to sensitive data and assets. Advances in technology led to the introduction of two-factor authentication that allowed access on the basis of hardware devices and numeric codes. Geographically, the North American region is estimated to account for most of market share. The augmented use of behavioral biometrics by government organizations, hospitals, and ATMs in this region is anticipated to foster market growth during the predicted period.
Over the next five years, this report projects that Behavioral Biometric will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Behavioral Biometric market by product type, application, key companies and key regions.
To calculate the market size, this report considers value generated from the sales of the following segments:
Segmentation by product type:
Voice Recognition
Keystroke Analysis
Segmentation by application:
Government
BFSI
Automotive
Healthcare
Education
We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
AGNITiO
AuthenWare
ID Control
M2SYS Technology
Nuance Communications
SAfran
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Behavioral Biometric market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Behavioral Biometric market by identifying its various subsegments.
Focuses on the key global Behavioral Biometric players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Behavioral Biometric with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Behavioral Biometric submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Madhuri Vetal
NxtGen Reports
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Phone: +918551022388
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NxtGen Reports
Madhuri Vetal
+918551022388
sales@nxtgenreports.com
Source: EmailWire.Com
Source: EmailWire.com
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