Global Keystroke Dynamics Market to Reach US$ 1,413.1 Million by 2028, Impelled by Increasing Incidences of Fraudulent Digital Transactions

December 19, 2022 | Technology & Media

According to the latest report by IMARC Group, titled "Keystroke Dynamics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," the global keystroke dynamics market size reached US$ 390.6 Million in 2022. Keystroke dynamics measures an individual's rhythm and manner of typing and uses the data to create a template of the unique typing pattern. It is considered to be a behavioral biometric and provides detailed timing information describing when each key was pressed and released. The information received via keystroke dynamics can be used to verify or even determine the identity of the individual producing the keystrokes. One of its major benefits includes that the false rejection rate (FRR) can be modified by changing the acceptance verge at the individual level. The rapid adoption of multimodal biometrics drives the uptake of keystroke dynamics as an additional security layer across various industry verticals, such as BFSI and education.

Global Keystroke Dynamics Market Trends:

The global market is majorly driven by the increasing number of advanced cyber-attacks. In line with this, the rising number of frauds in online transactions is significantly contributing to the market growth. Furthermore, the growing implementation of keystroke dynamics across various industries to protect customer data is positively influencing the market. Apart from this, the escalating sales of smartphones with built-in fingerprint sensors and the continual development of the internet of things (IoT) landscape are catalyzing the market. Moreover, the rising demand and acceptance of biometric authentication in the finance sector and the public support for biometric authentication are propelling the demand for keystroke dynamics. Besides, the widespread application of keystroke dynamics in commercial and government sectors is favoring the market expansion. Additionally, continuous improvements in the technology of keystroke dynamics systems with the aid of artificial intelligence (AI), the IoT devices, and cloud computing is creating a positive outlook for the market. Some of the other factors contributing to the market include the increasing need for new cutting-edge technologies and the widespread adoption of smartphones and other smart devices. On account of the factors above, the market is anticipated to reach a value of US$ 1,413.1 Million by 2028, exhibiting a CAGR of 23.4% during 2023-2028.

Market Summary:

On the basis of the component, the market has been categorized into software and service.
Based on the authentication type, the market has been classified into static and continuous authentication.
Based on the deployment model, the market has been segmented into on-premises and cloud-based.
Based on the application, the market has been bifurcated into identity proofing, continuous authentication, risk and compliance management, and fraud detection and prevention.
Based on the organization size, the market has been categorized into large enterprises and small and medium enterprises.
Based on the end user, the market has been segmented into BFSI, retail and e-commerce, healthcare, government and defense, education, and others.
On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa.
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market. Some of the key players include AuthenWare Corporation, BehavioSec Inc., Daon Inc., Deepnet Security, Delfigo Security, ID Control BV, Intensity Analytics Corporation, KeyTrak Inc, Serban Biometrics and TypingDNA.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Million
Segment Coverage	Component, Authentication Type, Deployment Model, Application, Organization Size, End User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AuthenWare Corporation, BehavioSec Inc. , Daon Inc., Deepnet Security, Delfigo Security, ID Control BV, Intensity Analytics Corporation, KeyTrak Inc, Serban Biometrics and TypingDNA
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Keystroke Dynamics Market to Reach US$ 1,413.1 Million by 2028, Impelled by Increasing Incidences of Fraudulent Digital Transactions

Purchase options Year End sale

Single User License ~~$2499~~ $2249
Five User License ~~$3499~~ $2974
Corporate License ~~$4499~~ $3599

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.