Behavioral Biometric Market Outlook To 2023 – AGNITiO, AuthenWare, ID Control, M2SYS Technology, Nuance Communications, SAfran

Dec 2018, New York USA (News) - 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, RRI Information 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.

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This report studies the Behavioral Biometric market
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Major Market Players
• AGNITiO
• AuthenWare
• ID Control
• M2SYS Technology
• Nuance Communications
• SAfran

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To calculate the market size, LP Information 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

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Research objectives
To study and analyze the global Behavioral Biometric consumption (value & volume) 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 manufacturers, to define, describe and analyze the sales volume, 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).

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