The Global Market for Keystroke Dynamics is Projected to Reach US$796.4 Million by 2020
Increasing 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.
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.
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.
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