Global behavioral biometrics market was valued at US$ 760.43 Mn in 2019 and is expected to reach US$
4344.56 Mn by 2027, at a CAGR of 19.04% during a forecast period.
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Behavioral biometrics is the field of study correlated to the measure of exclusively identifying and
measurable patterns in human activities. The term compares with physical biometrics, which includes
innate human characteristics such as fingerprints or iris patterns.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market
leaders, market followers and disrupters in the report and same is reflected in our analysis.
The objective of the report is to present a comprehensive assessment of the market and contains
thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable
set of assumptions and methodology. The report also helps in understanding behavioral biometrics
market dynamics, structure by identifying and analyzing the market segments and project the global
market size. Further, report also focuses on competitive analysis of key players by product, price,
financial position, product portfolio, growth strategies, and regional presence. The report also provides
PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the
efforts and investment in near future to emerging segment in behavioral biometrics market.
The major growth drivers of the market include increasing online transactions and online fraudulent
activities across the globe, and rising need for multi-layered security approach in the finance industry.
Growth opportunities for the behavioral biometrics market include improved security as compared to
static biometrics and higher compatibility with developing AI technologies. Apart from major
applications such as fraud detection & prevention management, identity & access management, risk &
compliance management will als