Global Keystroke Dynamics Market Expected to Reach USD 754.86 Million by 2025|Top Players such as - KeyTrak, TypingDNA and ID Control

According to the report published by Allied Market Research "The Global Keystroke Dynamics Market Expected to Reach USD 754.86 Million by 2025|Top Players such as - KeyTrak, TypingDNA and ID Control." These players have adopted different strategies such as new product launches collaborations expansion joint ventures agreements and others to increase their market share and maintain dominant shares in different regions.

Increase in the number of fraudulent digital transactions worldwide and rise in demand for multi-modular biometrics drive the growth of the global keystroke dynamics market. However, issues related to performance and interoperability coupled with lack of awareness about this technology hamper market growth. On the contrary, the growing need for advanced security measures on the Internet of Things (IoT) landscape is expected to create lucrative opportunities for the market players in the near future.

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The global keystroke dynamics market is segmented based on component, authentication type, deployment model, application, organization size, industry vertical, and region. Based on component, the market is bifurcated into software and service. Based on authentication type, it is classified into static authentication and continuous authentication. Based on deployment model, it is divided into on-premise and cloud based.

The applications covered in the study include continuous authentication, fraud detection & prevention, identity proofing, risk & compliance management, and others. By organization size, it is fragmented into large enterprises and SMBs. According to industry vertical, it is classified into BFSI, retail & e-commerce, healthcare, government & public sector, education, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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North America governed the overall keystroke dynamics market share, in terms of revenue, in 2017, owing to significant adoption of keystroke dynamics industry solutions supported by high ICT spending among organizations for data security solutions across the region. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to factors such as rise in need of security solutions in growing vulnerable landscape and development in the smartphones market in the emerging economies across the region.

The key players operating in the global keystroke dynamics market include KeyTrak, Inc., TypingDNA, ID Control, BehavioSec Inc., Delfigo Security, Intensity Analytics, Authenware Corporation, DeepNet Security, SERBAN Biometrics, Daon, Inc., and others.

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Key Findings of the Study

● Based on organization size, the large enterprises segment is expected to dominate the global keystroke dynamics during the forecast period.

● Based on application, the continuous authentication segment generated the highest revenue in 2017.

● Based on region, North America accounted for the highest revenue among the other regions, in 2017.

● Based on region, Asia-Pacific is anticipated to exhibit substantial growth during the forecast period.

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