Home › News Updates › BiometricUpdate.com cites MarketsandMarkets as a one of the major reference for Behavioral Biometrics Market
Biometricupdate.com recently quoted MarketsandMarkets for the cuurent and future trends in the global behavioral biometrics market.
Behavioral biometrics is witnessing a high demand across major industries, mainly due to the rising fraudulent activities and adoption of applications, such as identity and access management, fraud detection and prevention management, and risk and compliance management. The global behavioral biometrics market is predicted to reach a value of USD 2,552.7 million by 2023, registering a high growth of 24.0% CAGR between 2018 and 2023, owing to the rise in online transactions and fraudulent activities and need for a multi-layered security approach in the finance vertical.
For More Details:
Report mentioned in the above news is,
Behavioral Biometrics Market by Component (Software & Services), Application (Identity & Access Management, Risk & Compliance Management, Fraud Detection & Prevention management), Deployment Model, Organization Size, and Vertical - Global forecast to 2023.
Share this story
How can we help you?
To discuss how our team can help you and your business achieve true results,
Get in touch with us