U.S (New York) – Report Ocean has recently published a comprehensive research report titled “Keystroke Dynamics Market ” Research Report 2023-2031. This report delves deep into the market and offers valuable insights into (Key Market Trends, Emerging Technologies, Market Drivers and Challenges of the Industry, Regulatory Policies), company profiles of key players, and their strategies. With over 100+ market data tables, pie charts, graphs, and figures, this global market study is now available. The report provides a thorough evaluation of the market, (Encompassing Future Trends, Current Growth Factors, Expert Opinions, Factual Information), and industry-validated market data, with a forecast extending until 2031.
Keystroke dynamics is a type of behavioral biometrics used to verify the identity of an individual based on the manner and the rhythm of typing on a keyboard. The technology authenticates its users on different parameters such as patterns of rhythm, overall speed, common errors, and variations of speed moving between specific keys. This behavioral biometrics technology provides a new generation of user security solutions to different end-user industries. Growth in adoption of multi-modal biometrics solutions supported by increase in number of online transactions and rise in number of frauds associated with it are the some major key factors that drive the growth of the global keystroke dynamics market.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Continuous increase in IoT landscape and rise in demand for enhanced multi-modal biometric solutions boost the growth of the market. However, lack of awareness and performance & compatibility issues are some major factors that hinder the growth of the market. Furthermore, factors such as developments in smartphone market in the developing economies and increase in the market of cloud-based keystroke dynamics solutions are expected to create remunerative opportunities for the market in the upcoming years.
The global keystroke dynamics market is segmented based on component, deployment model, application, organization size, industry vertical, authentication type, and region. Based on component, the market is bifurcated into software and service. Based on deployment model, it is divided into on-premise and Cloud-based. Based on application, it is fragmented into identity proofing, continuous authentication, risk & compliance management, fraud detection & prevention, and others. Based on organization size, it is divided into large enterprises and SMBs. According to industry vertical, it is classified into BFSI, retail & e-commerce, healthcare, government & defense, Education, and others. Depending on authentication type, it is divided into static authentication and continuous authentication. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key Benefits for Keystroke Dynamics Market:
The study provides an in-depth analysis of the global keystroke dynamics market along with the current trends & future estimations to elucidate the imminent investment pockets.
Information about the key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
Porter’s five forces analysis illustrates the potency of the buyers and the suppliers operating in the industry.
The quantitative analysis of the global market from 2018 to 2025 is provided to determine the market potential.
Key Market Players
Authenware Corporation
BehavioSec Inc.
Daon, Inc.
DeepNet Security
Delfigo Security
ID Control
Intensity Analytics
KeyTrak, Inc.
SERBAN Biometrics
TypingDNA
Keystroke Dynamics Key Market Segments:
By Component
Software
Service
By Authentication Type
Static Authentication
Continuous Authentication
By Deployment Model
On-premise
Cloud
By Application
Identity Proofing
Continuous Authentication
Risk and Compliance Management
Fraud Detection & Prevention
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By Organization Size
Large Enterprises
SMBs
By Industry-vertical
BFSI
Retail & E-commerce
Healthcare
Government & Defense
Education
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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