Need for Additional Security Layer in Legacy Systems to Drive the Global Market for Keystroke Dynamics, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Keystroke Dynamics. The global market for Keystroke Dynamics is projected to reach US$796.4 million by 2020, driven by the growing information security concerns, increasing sophistication of security attacks and growing demand for unobtrusive and low-cost security solutions.

Keystroke Dynamics: A Global Strategic Business Report

Follow us on LinkedIn – High prevalence of cybercrime in the form of identity theft, hacking, and network security breaches will continue to drive 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, biometric technologies have emerged as an efficient alternate security solution. A part of behavioral biometrics, keystroke dynamics uses behavioral characteristics like typing rhythms of a person for authentication. The security mechanism seamlessly integrates with existing work environments and is scalable across the enterprise and Internet. The non-invasive and unobtrusive nature of the system makes it an ideal choice for easy deployment and use 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 coming years. The general preference for biometrics in multi-factor authentication combined with high awareness levels will benefit growth in the keystroke dynamics market. The beneficial attributes and low prices of keystroke dynamics are expected to contribute to the use of the technology in various end-use applications.

Keystroke dynamics can be conveniently integrated into the existing computer security system with minimal alterations and with no additional hardware or scanners. The technology is therefore preferred in workstation log-ins, internet transactions and other access security environments. The low dependency on dedicated hardware also creates opportunities for keystroke dynamics in remote authentication environments. The government sector is also emerging into a lucrative end user of the technology, driven by the growing focus on delivering public services electronically. Efforts to integrate keystroke dynamics into mobile devices are progressing at a brisk pace, promising lucrative opportunities in the consumer electronics sector 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, where authentication proves to be a challenge as compared to other biometrics like fingerprint and retina match.

As stated by the new market research report on Keystroke Dynamics, the United States continues to remain the largest regional market worldwide. Asia-Pacific ranks as the fastest growing regional market with a CAGR of about 17.4% over the analysis period.

Major players in the global marketplace include AdmitOne Security, Authenware Corporation, BehavioSec, Deepnet Security, Intensity Analytics, Delfigo Security and ID Control BV, among others.

The research report titled “Keystroke 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 click here

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 1500+ 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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