Product Code: RP-ID-10347599 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: ICT & Telecom |
Report ID: 10347599
Market Overview:
Global User and Entity Behavior Analytics Market Size study, by Type (Solution, Services), Deployment (On-Premises, Cloud),Vertical(Financial Services & Insurance, Retail & E-Commerce, Energy & Utility, IT & Telecom, Healthcare, Defense & GovernmentOthers) and Regional Forecasts 2020-2027
Global User and Entity Behavior Analytics Market is valued approximately USD 419.76 million in 2019 and is anticipated to grow with a healthy growth rate of more than 19.60 % over the forecast period 2020-2027. User and entity behavior analytics is used for detecting Financial fraud, insider threats, and targeted attacks and to analyze human behaviour patterns and then identify variances using mathematical analysis and algorithms. It is also used in big data systems including Apache Hadoop, and to analyze petabytes of data, identify and detect advanced persistent threats. The growing need to prevent insider threats and rising demand for advanced security solutions has led the adoption of User and Entity Behavior Analytics across the forecast period. For instance, In June 2019, Securonix launched Global Managed Security Service Provider (MSSP) Program. The program is designed to attract and empower managed service providers worldwide to enhance their threat detection and response capabilities with Securonix Next-Gen SIEM. Also, with the increasing shifting relational database systems to cloud, increasing data security measures, the adoption & demand for User and Entity Behavior Analytics is likely to increase the market growth during the forecast period. However, security of data, accuracy of data impedes the growth of the market over the forecast period of 2020-2027.
The regional analysis of global User and Entity Behavior Analytics market is based on the key regions such as Latin America, North America, Middle East & Africa, Europe, and Asia-Pacific. North America accounts for the largest share in the global market due to the growing adoption of user and entity behaviour analytics solutions across various industries. Moreover, the Asia Pacific region is expected to exhibit highest CAGR due to increasing users of mobile and web applications and growing need for advanced security solutions.
Major market player included in this report are:
Splunk, Inc.
Securonix
Varonis Systems, Inc.
Bay Dynamics
Exabeam, Inc.
Gurucul
Niara, Inc.
Sqrrl Data, Inc.
Dtex Systems
Rapid7
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Solution
Services
By Vertical
Financial Services & Insurance
Retail & E-Commerce
Energy & Utility
IT & Telecom
Healthcare
Defense & Government
Others
By Deployment Type
On-Premises
Cloud
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global User and Entity Behavior Analytics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Splunk, Inc.
Securonix
Varonis Systems, Inc.
Bay Dynamics
Exabeam, Inc.
Gurucul
Niara, Inc.
Sqrrl Data, Inc.
Dtex Systems
Rapid7
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