The report of global security analytics market by Services (Professional Services [Consulting, Support and Maintenance, Training and Education] Managed Services) Application (Web Security Analytics, Network Security Analytics, Endpoint Security Analytics, Application Security Analytics) Deployment Mode (Cloud, On-premises) Industry (Government and Defense, Banking, Financial Services, and Insurance (BFSI), Consumer Goods and Retail, IT and Telecom, Healthcare, Energy and Utilities, Manufacturing) is expected to reach US$ XX Bn by 2027, at a CAGR of 18.2% during a forecast period.
Security analytics tool is approach to cybersecurity to protect data from the external threats. It is combination of software, algorithms and analytic process, which is used to detect potential threats to any IT system. Security analytics solution includes behavioral analytics, network analysis and visibility and external threat intelligence. This solutions are the driven factors to grow the global security analytics market.
Cloud deployment mode is expected to witness high growth for global security analytics market.
Among cloud and on-premises deployment mode, cloud segment is projected to witness the high deployment for security analytics services. Because cloud offers features like cost efficiency and time efficiency. It is highly used in small scale enterprise where low cost solutions are preferred. It offers various benefits such as scalability, enhanced network security and speed and 24/7 service. Also the introduction of new cloud computing technologies growing the security analytics market.
North America is projected to witness the fastest growth during the forecast period.
Region wise North America is projected to witness the largest market share during forecast period. The US and Canada are projected to drive the growth of security analytics market. This is owing to presence of large and small enterprise business, which are working towards the security analytics solutions to secure against potential threats.
Asia Pacific is expected to witness the second largest market share by the end of forecast period. The presence of developing economies such as China and India is major factor to grow the security analytics market owing to presence of vast small and medium enterprises (SME).
Key players operating the global security analytics market are IBM, Splunk, RSA, FireEye, HPE, McAfee, Symantec, LogRhythm, Fortinet, Huntsman Security, Securonix, Gurucul, Juniper Networks, Hillstone Networks, Exabeam, Rapid7, Alert Logic, Forcepoint, Assuria, Haystax.
Maximize Market Research, India market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Security Analytics Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Security Analytics Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Security Analytics Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Security Analytics Market”.
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