Behavioral Biometrics

Behavioral biometrics involves studying and analyzing an individual’s unique behavioral patterns, such as typing rhythm, mouse movement, and touchscreen behavior, to authenticate identity. It detects anomalies by comparing current and past behavior, providing a sophisticated and effective defense mechanism against various threat vectors. The behavioral biometrics market is rapidly growing, estimated at $3.2 billion in 2024, and projected to reach $7.5 billion by 2030, with a CAGR of 15.1%.

As solution seekers pursue low-friction offerings suitable for multiple steps in the customer journey, behavioral biometrics stands out for its ability to protect against diverse threats like phishing, credential stuffing, and remote access attacks. While large financial institutions are well-positioned to leverage these solutions due to their robust engineering resources, smaller businesses may face challenges in adoption. The market is approaching a pivotal moment, with its ability to extend beyond large institutions and attract a broader spectrum of customers being determined in the next 1-3 years.

70% of consumers abandon digital banking journeys due to friction, highlighting the need for low-friction, effective security solutions.

Link offers access to hundreds of research and curated news, plus extensive profiles of companies and product information to discover, track, and benchmark