Global Security Analytics Market, By Component (Solutions, Services), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Deployment Type (Cloud, On-Premises), Application (Web Security Analytics, Network Security Analytics, Endpoint Security Analytics, Application Security Analytics, Others), Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Government and Defence, Consumer Goods and Retail, IT and Telecom, Healthcare, Energy and Utilities, Manufacturing, Other Industry Verticals), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Security Analytics Market
Security analytics market is expected to reach USD 28.14 billion by 2028 witnessing market growth at a rate of 16.70% in the forecast period of 2021 to 2028. Data Bridge Market Research report on security analytics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
The security analytics process involves mitigating, recognising and evaluating the targeted attack and identifying threats by combining the resources of big data and threats. It makes it easier for proactive security measures to be given. It is solely based on the software resources available in the security analytics solution to integrate the expandable amount of data sets into detection algorithms. It widely finds its application in the IT and telecom environment, to serve the purpose of network, web and end-point security, BFSI, and military and defence sector.
Increasing focus on maintaining regulatory compliance, increasing demand to detect real-time advanced persistent threats, rising demand to discover patterns, prioritization of network-based threats with actionable intelligence to avert data losses, and prevention of onward intrusion, rising trend of bring your own device and internet of things, increased deployment of web and cloud-based business applications are some of the major as well as vital factors which will likely to augment the growth of the security analytics market in the projected timeframe of 2021-2028. On the other hand, rising demand of big data analytics and cloud infrastructure along with growing need of balanced security approach which will further contribute by generating massive opportunities that will lead to the growth of the security analytics market in the above mentioned projected timeframe.
Lack of automation along with lack of end user knowledge regarding security approach which will likely to act as market restraints factor for the growth of the security analytics in the above mentioned projected timeframe. High cost of innovations and budget constraint which will become the biggest and foremost challenge for the growth of the market.
This security analytics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on security analytics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Security Analytics Market Scope and Market Size
Security analytics market is segmented on the basis of component, organization size, deployment type, application and industry vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Security analytics market on the basis of component has been segmented as solutions, and services. Services have been further segmented into professional services, and managed services. Professional services have been further sub segmented into consulting, support and maintenance, training and education.
- Based on organization size, the security analytics market has been segmented into small and medium-sized enterprises, and large enterprises.
- On the basis of deployment type, the security analytics market has been segmented into cloud and on-premises.
- On the basis of application, the security analytics market has been segmented into web security analytics, network security analytics, endpoint security analytics, application security analytics, and others.
- Security analytics has also been segmented on the basis of industry vertical into banking, financial services, and insurance (BFSI), government and defence, consumer goods and retail, IT and telecom, healthcare, energy and utilities, manufacturing, and other industry verticals.
Security Analytics Market Country Level Analysis
Security analytics market is analysed and market size, volume information is provided by country, component, organization size, deployment type, application and industry vertical as referenced above.
The countries covered in the security analytics market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The U.S. will dominate the North America security analytics market due to the increasing adoption of advanced technology along with increasing investment in cybersecurity solutions and demand for security compliance management solutions in the region while Asia-Pacific region will expect to grow in the forecast period of 2021-2028 due to the increasing trends of bring your own devices and internet of things along with increasing awareness related to the destruction caused by advanced targeted threats.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Security Analytics Market Share Analysis
Security analytics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to security analytics market.
The major players covered in the security analytics market report are IBM Corporation; Cisco; Splunk Inc.; RSA Security LLC; FireEye, Inc.; Hewlett Packard Enterprise Development LP; McAfee, LLC; Broadcom.; LogRhythm, Inc.; Fortinet, Inc.; Huntsman; Securonix, Inc.; GURUCUL; Juniper Networks, Inc.; Hillstone Networks; Exabeam; Rapid7; Alert Logic, Inc.; Forcepoint; Haystax; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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