Keystroke and Typing Dynamics: A Global Strategic Business Report - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-14 07:49:02
The global Typing Dynamics market is projected to reach US$579.8 million by 2018, primarily driven by growing concerns over information security and expanding application areas.
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.
Apart from the enterprise sector, the government sector is 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.
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.
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