Lewes, DE -- (SBWire) -- 01/26/2016 --Report forecast the global behavioral biometric market to grow at a CAGR of 17.34% during the period 2016-2020.
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.
Keystroke biometrics allows an individual's identification based on the manner and rhythm of typing on a keyboard. Thus, keystroke analysis can be used for an individual's identification and authentication.
The report covers the present scenario and the growth prospects of the global behavioral biometric market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions, including hardware, software, integrated solutions, and services used in voice recognition, keystroke analysis, and signature analysis systems. The revenue generated from aftersales services is not considered.
The market is divided into the following segments based on technology:
- Voice recognition
- Keystroke recognition
- Signature recognition
According to the report, 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.
Further, the report states that the market is witnessing strong growth; however, it continues to face strong competition from alternative technologies and products such as token-based two-factor authentication, swipe cards, and software authentication.
Global Behavioral Biometric market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Behavioral Biometric market: AGNITiO, AuthenWare, ID Control, M2SYS Technology, Nuance Communications and SAfran
Other Prominent Vendors in the market are: Biometric Signature ID, Certify, CIC, Cyber-SIGN, Decillion Group, Deepnet Security, DynaSig, Hitachi, KeCrypt, Kofax, Odyssey Technologies, OneVault, Parascript, Scriptel, SOFTPRO, SpeechPro, SQN Banking Systems, SutiSoft, Uniphore, ValidSoft, VoicePass, VoicePIN, VoiceTrust, Voice Security Systems, and WonderNet.
Market driver
- Need for advanced security in government sector
- For a full, detailed list, view our report
Market challenge
- Rise in error rates
- For a full, detailed list, view our report
Market trend
- Multimodal biometrics
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 86 pages and 29 Exhibit "Global Behavioral Biometric Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Emerging behavioral biometric technologies, Lifecycle analysis, Market segmentation by technology, Market segmentation by end-user, Geographical segmentation, Buying criteria, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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