Top Factor Driving Behavioral Biometrics Market Growth in 2025: Surge In Data Breaches Accelerates Adoption Of Behavioral Biometrics For Robust Cybersecurity Measures

Which drivers are expected to have the greatest impact on the over the behavioral biometrics market's growth?
The behavioral biometrics market is likely to be spurred by an increase in data breach incidents. Data breaches involve illicit extraction of confidential information through harmful software or security breaches where confidential data can be extracted from a computer system without the system owner's permission. The use of behavioral biometrics serves to deter unauthorized access to information from the company's employee database by evaluating behavioural patterns. For example, the Department of Defence in Australia reported in November 2023 that the Australian Cyber Security Centre saw over 94,000 cybercrime reports during the 2022-2023 fiscal year. This is a 23 percent rise compared to the preceding year, 2021-2022. Consequently, the surge in cybersecurity and data breach incidents is propelling the growth of the behavioral biometrics market.

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What is the future CAGR of the behavioral biometrics market, and how will it impact industry expansion?
In recent years, the market size for behavioral biometrics has seen a significant rise. The growth is expected to go up from $2.4 billion in 2024 to a larger $2.92 billion in 2025, with a compound annual growth rate (CAGR) of 21.9%. The surge in growth during the historic period can be credited to factors such as increased usage of behavioral biometrics in mobile devices, escalating concerns about data breaches and identity theft, a rising demand for uninterrupted authentication, and a growing acceptance of behavioral biometrics in enterprise applications.

Anticipated to experience a significant surge in the upcoming years, the behavioral biometrics market is predicted to inflate to a whopping $6.99 billion by 2029. This signifies a compound annual growth rate (CAGR) of 24.4%. The propelling factors behind this projection during the forecast period are the escalating adoption of behavioral biometrics in emerging markets, continuous authentication demand, the surge of behavioral biometrics in newer applications, and increasing governmental mandates for behavioral biometrics. Moreover, during the same period, major trends to watch out for are progress in artificial intelligence and machine learning, continued authentication, multi-modal biometrics, along with IoT security.

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What are the most significant trends transforming the behavioral biometrics market today?
Leading firms engaged in the behavioral biometrics industry are creating strategic alliances to provide banks across Australia and New Zealand with superior fraud detection solutions powered by behavioral biometrics. The concept of strategic partnerships involves businesses drawing on each other's distinct strengths and resources for shared advantage and prosperity. For example, in October 2022, BioCatch, a behavioral biometrics organization based in Israel, established a partnership with Indue, a financial services company based in Australia. With this new collaboration, Indue's wide variety of banks, retailers, and non-profit entities can utilize BioCatch's cutting-edge technology to strengthen their defenses against fraud and online criminal activity. Users in Indue's network will now be able to experience a smoother online presence, promoting confidence and trust between banks and their clients.

Which key market segments comprise the behavioral biometrics market and drive its revenue growth?
The behavioral biometrics market size has grown exponentially in recent years. It will grow from $2.4 billion in 2024 to $2.92 billion in 2025 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to rising adoption of behavioral biometrics in mobile devices, growing concerns over data breaches and identity theft, increasing demand for continuous authentication, growing adoption of behavioral biometrics in enterprise applications.

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What regions are at the forefront of behavioral biometrics market expansion?
North America was the largest region in the behavioral biometrics market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the behavioral biometrics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the behavioral biometrics market?
Major companies operating in the behavioral biometrics market are BioCatch Ltd., Microsoft Corporation, NuData Security Inc., LexisNexis Corporation, Ping Identity Holding Corporation, Fair Isaac and Company, Prove Identity Inc., ThreatMark sro, Plurilock Security Solutions Inc., Callsign Technologies LLC, SecureAuth Corporation, International Business Machines Corporation, XTN Cognitive Security, One Identity LLC, TypingDNA, Nethone Sp. z o.o., Unbotify Ltd., BehavioSec Inc., EZMCOM Inc., NEC Corporation, Nuance Communications Inc., Samsung SDS, SecuredTouch Inc., AimBrain Solutions Ltd., AuthenWare Corp., Fst Biometrics, UnifyID Inc., Zighra Inc., Crossmatch Technologies Inc., EyeVerify Inc., FacePhi Biometria S.A.

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What Is Covered In The Behavioral Biometrics Global Market Report?

• Market Size Forecast: Examine the behavioral biometrics market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the behavioral biometrics market for a structured understanding.
• Key Players Overview: Analyze major players in the behavioral biometrics market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the behavioral biometrics market.
• Segment Contributions: Evaluate how different segments drive overall growth in the behavioral biometrics market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the behavioral biometrics market.
• Industry Challenges: Identify potential risks and obstacles affecting the behavioral biometrics market.
• Competitive Landscape: Review strategic developments in the behavioral biometrics market, including expansions, agreements, and new product launches.

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