Information and Communication Technology Security analytics Market is projected to grow up to 18.6% CAGR during the forecasting per...


Security analytics Market is projected to grow up to 18.6% CAGR during the forecasting period 2021-2027

Network traffic, end-point & user behaviour data, cloud resources, business applications, non-IT contextual data, identity & access management, and external threat intelligence sources are all examples of data sources used in security analytics. Because of the rapid improvements in malware and cyber exploits, the demand for security analytics is growing. By combining big data and threat capabilities, Security Analytics is a process that encompasses the mitigation, detection, and analysis of targeted attacks and identified threats. It makes proactive security measures easier to implement. The software tools included in the security analytics solution are solely responsible for incorporating the growing number of data sets into detection algorithms. From 2021 to 2027, this report forecasts revenue growth at the global, regional, and country levels, as well as an analysis of the most recent industry trends and opportunities in each sub-segment.

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Key Driving Factors: Growth in the number of cybercrimes: 

As technology advances and more firms use new technologies, the frequency of cybercrime and security breaches rises. Security analytics, on the other hand, combines endpoint security with user behaviour, proof of compliance, external threat alerts, cloud & network traffic monitoring, and access & identity analytics to enable businesses move forward with technology adoption while ensuring security. As a result of the rising use of technology and the rise in cybercrime rates, the adoption of security analytics solutions is predicted to rise, driving the market's growth.






Opportunities:

There are numerous chances in the security analytics market that can be exploited over the projected period. Because of the rising reliance on IT networks and systems in many spheres, there are prospects for growth. Another possibility is the demand for enhanced data privacy and personal data security in various areas of public life, which necessitates the development of security analytics solutions.


This report offers the major market player’s profiles, such as  Lancope, EMC RSA Security, Juniper Networks, IBM, Arbor Networks, Dell SecureWorks, and Click Security.

 

Based on Application:  During the projected period, the application security analytics segment is expected to grow at the fastest rate. The demand for detection and remediation of malware, APTs, and other advanced threats from enterprise applications and data is driving the growth of the category. Other factors driving sector adoption include a growth in the use of digital applications and the execution of dynamic applications across client servers. Furthermore, the segment is being driven by rising demand for secure online application and mobile application development around the globe.

The Security analytics Market report has been categorized as below

By Service

  • Professional Services

o   Consulting

o   Training & Education

o   Support & Maintenance

  • Managed Services


By Type

  • Web Security Analytics

  • Network Security Analytics

  • Endpoint Security Analytics

  • Application Security Analytics

  • Others


By Deployment

  • On-premise

  • Cloud


By Industry Vertical

  • Government & Defense

  • BFSI

  • Consumer Goods & Retail

  • IT & Telecom

  • Healthcare

  • Energy & Utilities

  • Manufacturing

  • Education

  • Transportation

  • Others


 By Region

      North America

      Europe

      Asia Pacific

      Rest of World



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Published Date : July-2021