Monday, April 18th, 2016 - ReportsnReports

ReportsnReports.com adds Global Keystroke Biometrics Market 2016-2020 latest research report, analysts forecast the global keystroke biometrics market to grow at a CAGR of 10.09% during the period 2016-2020.This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Complete report on keystroke biometrics market is now available at http://www.reportsnreports.com/reports/523289-global-keystroke-biometrics-market-2016-2020.html.

One of the trends in the global keystroke biometrics market is the increased demand for cloud-based biometric solutions. These solutions provide many significant advantages, which have increased their demand among enterprises. Enterprises find it difficult to manage stand-alone and integrated network components because of budget constraints and the lack of resources and expertise. Therefore, enterprises opt for cloud-based biometric solutions that are cost-effective and compatible with regulations and offer round-the-clock monitoring of systems.

According to the keystroke biometrics market report, numerous vendors will enter the market with the introduction of new technologies. As the technologies are still advancing, pure players will explore their capabilities and expertise. As most of the pure players in the market lack global presence, they are focusing on increasing their share in the local markets. This is leading to intense competition, which results in price wars, improved products, and marketing campaigns. As a result, there will be growing awareness among end-users, which will result in an increase in the application base of keystroke biometrics.

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This report covers the present scenario and the growth prospects of the global Keystroke Biometrics market for 2015-2020. To calculate the market size, the report considers revenue generated from the sales of keystroke dynamics software. This does not include the cost of the keyboard, computer system, or database.

Segmentation by End-user and Analysis of the Keystroke Biometrics Market – Enterprises, Education and E-commerce

Business enterprises constituted the largest segment of the global keystroke biometrics market during 2015 and will generate market revenue of nearly USD 220 million by the end of 2020. Much of this segment’s growth can be attributed to the introduction of the “bring your own device” policy by enterprises, which necessitates the integration of keystroke biometrics with any mobile device to protect sensitive data.

Geographical Segmentation and Analysis of the Keystroke Biometrics Market – APAC, America and EMEA

According to this market research report, the Americas will be the largest market for keystroke biometrics during the forecast period and will account for an impressive market share of almost 51% by 2020. Factors such as heavy dependence on wireless technologies, rapid transition to cloud-based services and the presence of a dynamic e-commerce market in this region necessitates the use of multimodal biometrics to prevent data loss.

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The global keystroke biometrics market is still in its nascent stage, and though there are a number of players in the market, there is intense competition between them. Since this market is still in its nascent stage, there is enough room for new entrants during the forecast period. Many companies are adopting M&A strategies to consolidate their position and expand their global reach. In this market, the major challenge for vendors is to offer unique products so that they can compete better for market shares. Rapid changes in technology and changing end-user preferences are the other challenges faced by vendors in this market.

Key players in the global keystroke biometrics market: AuthenWare, ID Control, and Deepnet Security.

Other prominent vendors in the market are: BehavioSec, bioChec, Delfigo Security, KeyTrac, Omni Identity, and Plurilock Security Solutions.

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Keystroke Biometrics Market, Keystroke Biometrics Industry, Global Keystroke Biometrics Market, Keystroke Biometrics Market 2016, Market Research Reports

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