Behavioral Biometrics Market Growth By Key Players: Callsign, Unbotify, SecuredTouch, EZMCOM, NoPassword, ID Finance, Nethone, Pinn Technologies, FST Biometrics, UnifyId, AimBrain, Zighra, AuthenWare, XTN, Sentegrity, BioCatch, IBM, Nuance Communications,

Market Overview: -

Behavioral Biometrics Market growth will be driven by increasing online transactions. This growth can be attributed to the widespread adoption of online banking portals to conduct their financial transactions such as to check the account balance, request bank statements, and to upgrade debit cards. However, the adoption of these technologies is making the financial institutions more susceptible to security threats. This has led organizations to adopt various advanced security solutions to secure the online transactions across their networks. A key factor leading to the growth of the behavioral biometrics market is the need for a multilayered security approach. Over the years, the cybersecurity threats have become advanced and sophisticated. Hence, the traditional remedies for fighting viruses and malicious codes are increasingly becoming ineffective. This has driven the companies to adopt multilayered security solutions to protect their network infrastructures, driving the growth of the behavioral biometrics market.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2885

Top Key Players: -

The key players providing behavioral biometrics market are Callsign, Unbotify, SecuredTouch, EZMCOM, NoPassword, ID Finance, Nethone, Pinn Technologies, FST Biometrics, UnifyId, AimBrain, Zighra, AuthenWare, XTN, Sentegrity, BioCatch, IBM, Nuance Communications, SecureAuth, and Mastercard. The companies operating in the market are focusing on strategic partnership & collaboration initiatives and fund-raising activities to expand their offerings and increase their market share.

Market share calculation in this report is not done based on companies covered in it. The calculation of behavioral biometrics market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

North America is anticipated to hold a majority share in the behavioral biometrics market. This can be credited to the technological advancements in the IT infrastructure and the widespread adoption of big data and social media platforms.

Furthermore, the government across the region has taken a keen interest in biometric applications and is aggressively funding multiple research programs and startups to develop advanced behavioral biometrics applications in crucial public sector departments.

For instance, in 2017 the IARPA launched the Odin program, which aimed at developing advanced behavioral biometrics technologies to identify imposters & unauthorized user attempts.

Request for customization of this report @ https://www.gminsights.com/roc/2885

Behavioral biometrics is used for a wide range of application including identity & access management, fraud detection & prevention, and risk & compliance management. Identity and access management is the most used application of the behavioral biometrics. This solution is used to provide different authentication options to its employees based on their privilege levels. It also helps in setting up authentication policies for sensitive applications defining the maximum number of attempts and developing fail-safe mechanisms. It uses artificial intelligence to detect changes in its users’ environmental & behavioral factors to trigger caution. Fraud detection & prevention is also one of the prominent applications of the behavioral biometrics solutions. It analysis the human-device interactions to protect the users and data. Moreover, it also collects data through multiple data points to capture an array of human interactions such as hand-eye coordination, pressure, fingerprint movement, and navigation.

Behavioral biometrics is used across BFSI, healthcare, government, defense, telecommunication, and retail sectors. BFSI holds a majority share in the market. It enables the measurement and analysis of patterns in human behaviors. It tracks the activities of the users to identify malicious actors and secures the organization’s network infrastructure in an age where the cybercriminals have more access to the personally identifiable information (PII) of users.

Browse Full Report @ https://bit.ly/2Nz0Jdb

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.