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Technavio’s market research analyst predicts that the global keystroke biometrics market will grow at a steady CAGR of just over 10% during the forecast period. Given the rapid digitization of businesses and other information, the need to keep sensitive data safe will drive the market for high-level security solutions over the next few years. Market segments like banking and insurance have to ensure that their security levels are high so that they can prevent instances of fraudulent activities and hacking losses. Due to an increase in online transactions, instances of card-related frauds and insurance claim frauds have increased significantly. During the predicted period, this increase in the instances of data theft will necessitate the implementation of keystroke biometrics across sectors like banking, insurance, and e-commerce.
Due to the rising need for data security, businesses and governments from across the globe have been compelled to adopt multimodal biometric solutions. Multimodal biometrics integrates several applications like keystrokes, facial, and fingerprints to prevent unauthorized access to sensitive data. In this mode of data protection, online and offline access to networks and mobile devices is made available to those who have access. Since the integration of different technologies helps end users to not only restrict access but also overcome the limitations of using a single technology, its demand among the end users will increase rapidly over the next few years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market description
PART 06: Market landscape
PART 07: Life cycle analysis
PART 08: Market segmentation by end-user
PART 09: Geographical segmentation
PART 10: Market attractiveness
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Five forces model
PART 18: Vendor profiles
PART 19: Appendix
PART 20: Explore Technavio
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