Growing Data Security Concerns to Drive Global Market for Keystroke and Typing Dynamics, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Keystroke and Typing Dynamics markets. Global market for Keystroke and Typing Dynamics is projected to reach US$579.8 million by 2018, primarily driven by growing concerns over information security and expanding application areas.

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Keystroke and Typing Dynamics: A Global Strategic Business Report

San Jose, California (PRWEB) March 18, 2013

Follow us on LinkedIn – Rising instances of cybercrime in the form of identity theft, hacking, and network security breaches are driving demand for robust system and network security solutions. With traditional user authentication solutions such as login IDs & passwords and two-factor authentication solutions such as smartcards and OTP tokens failing to provide the necessary level of security required for new age IT infrastructure, biometric technologies have emerged into an efficient alternate security solution. A part of behavioral biometrics, keystroke and typing dynamics uses behavioral characteristics like typing rhythms of a person for authentication. The security mechanism seamlessly integrates with the existing work environments and is scalable across the enterprise and Internet as well. The non-invasive and unobtrusive nature of the system makes it an ideal choice for easy deployment and usage in the enterprise space. With organizations seeking simple, unobtrusive and low-cost solutions for enhancing logical access control measures, this technology is expected to benefit in the upcoming years.

The need to curb the alarming rise in cases of identity theft and unauthorized use of computers and networks is driving the need to add an additional layer of security to the existing legacy systems. And given this technology’s ability to provide an additional security layer besides the traditional user IDs & passwords, most organizations are making supplementary investments in keystroke and typing dynamics to ensure a more robust user authentication system. Another key factor driving demand in the enterprise end-use sector is the stringent data protection guidelines that govern enterprise operations. Financial and Banking companies, which typically tend to have repository of sensitive customer information such as banking accounts, credit card numbers and addresses, especially have to comply with stringent data protection laws such as Sarbanes-Oxley Act, or J-Sox Law in Japan, which demand such sensitive information be safeguarded and protected against unauthorized access and use. Introduction of regulations such as Health Insurance Portability and Accountability Act (HIPAA) and Gramm-Leach-Bliley Act that call for secure logical access to be provided to data assets are also helping drive demand for keystroke and typing dynamics.

Apart from the enterprise sector, the government sector is also emerging into a potential end user of the technology. With most of the governments across the globe focusing on delivering public services electronically, government computing resources and networks have now turned into a repository of public information. The need to ensure efficient network and computer security and provide access to confidential public data to only authorized employees is therefore driving demand for a range of advanced logical access control solutions in the sector, including keystroke dynamics. Healthcare organizations are also generating opportunities, as the technology provides an effective solution for security at an affordable price, an important benefit against a backdrop of rising healthcare costs. With efforts to integrate keystroke dynamics into mobile devices progressing at a brisk pace, it will be opportunities galore for the technology in the consumer electronics space in the coming years.

Despite the potential in store, the adoption of the technology currently is still limited. Companies continue to remain skeptical about the efficacy of keystroke dynamics as a stand-alone logical access control solution and often use the same as an additional security layer. Keystroke dynamics also suffer from technical challenges. Replication of typing patterns by the same user is not possible all the time, which may have negative impact on the results. The software has to record the typing speeds of individuals which vary with experience or with new passwords. Keystroke patterns of individuals also have a tendency to change during the day due to factors like physical exhaustion, drowsiness, seating posture, or switching from a desktop computer to a laptop. In such occasions, authentication proves to be a challenge as compared to other biometrics like fingerprint and retina match. Also, an injury on the finger can hinder a person’s typing speed and style which can cause a change in the pattern.

As stated by the new market research report on Key Stroke and Typing Dynamics, the US continues to remain the largest regional market worldwide. Asia-Pacific represents the fastest growing regional market, forecast to grow at a CAGR of about 28% over the analysis period.

Major players in the global marketplace include AdmitOne Security, Authenware Corporation, BehavioSec, Deepnet Security, Intensity Analytics, TM3 Software GmbH and Plurilock Security Solutions Inc., among others.

The research report titled “Keystroke and Typing Dynamics: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, UK and Rest of Europe), Asia-Pacific, Middle East and Latin America.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Keystroke_and_Typing_Dynamics_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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