User Behavior Analytics Market -Share, Growth, Trends, Covid-19 Impact, And Forecast (2020- 2027)
User Behavior Analytics Market Scenario:
The global user & entity behavior analytics market is predicted to
touch USD 1,178.9 million at a 41.73% CAGR between 2020- 2027, states the
recent Market Research Future (MRFR) analysis. User and entity behavior
analytics, simply put, is a process for identifying targeted attacks, financial
fraud, and insider threats. It is used for analyzing human behavior patterns
and applying algorithms and statistical analysis for detecting variances. It
has wide applications in retail, energy and utility, IT and telecommunication,
healthcare, government, BFSI, and others. Services and solutions are the
different types of user and entity behavior analytics, and cloud and
on-premises are its different deployment types.
Various factors are propelling the global User
Behavior Analytics Market share. According to the recent MRFR report, such
factors include the growing adoption of user-centric approach, surging need to
stop insider threats that is posed by users, the growing need for real-time
analytics, major progress in data analysis techniques and machine learning
technology, growing need for real-time analytics by different organizations.
The crippling effect of the global COVID-19 pandemic has
detained the growth potential of the User Behavior Analytics Market. This MRFR
report on the User Behavior Analytics Market indicates critical pointers that
may emerge as growth hubs in the future. Moreover, in-depth data analysis is
estimated to offer a clearer growth perspective to market participants.
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Competitive Outlook:
Leading contenders profiled in
the global UEBA market report include Dtex Systems (US), Gurucul (US), Bay
Dynamics (US), Securonix (US), Rapid7 (US), Bottomline Technologies, Inc.
(U.S.), Sqrrl Data, Inc. (US), Niara Inc. (US), Observe IT (Israel), Exabeam,
Inc. (US), Varonis Systems, Inc. (US), Microsoft Corporation (US), and Splunk
Inc. (US). Industry players have incorporated several strategies to stay at the
forefront, such as mergers, product launches, acquisitions, and others.
Segmentation:
·
The MRFR report highlights an inclusive segmental analysis of the global
User Behavior Analytics Market based on type, deployment type, and
vertical.
·
By type, the global User Behavior Analytics Market is segmented into
services and solutions. Of these, the solution type segment will lead the
market over the forecast period.
·
By deployment type, the global User Behavior Analytics Market is segmented
into cloud and on-premises. Of these, the on-premises deployment type segment
will dominate the market over the forecast period.
·
By vertical, the global User Behavior Analytics Market is segmented into
retail, energy and utility, IT and telecommunication, healthcare, government,
BFSI, and others.
Regional
Analysis:
Based on the
region, the global user and entity behavior analytics (UEBA) market, report
covers the recent trends and growth opportunities across the Asia Pacific
(APAC), North America, Europe, & the Rest of the World (RoW). Of these,
North America will dominate the market over the forecast period. Growing usage
of UEBA in different industries, increased use of web and mobile applications,
the need for security solutions that can detect data threats, increasing
investments in R&D, and a strong technology base in the US, Canada, and
Mexico, are adding to the global User Behavior Analytics Market growth in the
region.
The global
user & entity behavior analytics market in the APAC region is predicted to
have healthy growth over the forecast period. The increasing use of web &
mobile applications, coupled with the need for security solutions that can
identify data threats are adding to the global User Behavior Analytics Market
growth in the region.
The global
user & entity behavior analytics market in Europe is predicted to have
sound growth over the forecast period.
The global
user & entity behavior analytics market in the Rest of the World is
predicted to have steady growth in the forecast period for the lack of
awareness about the benefits of these solutions among organizations.
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Table
of Contents:
1
Executive Summary
2
Scope Of The Report
2.1
Market Definition
2.2
Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3
Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4
Market Landscape
Continued….
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