User And Entity Behavior Analytics Market Anticipated to show a whooping CAGR of 44.3 % from 2018-2024
Posted On September 14, 2018
Value Market Research’s latest insight on the Global User and Entity Behavior Analytics Market offers an assessment of market dynamics along with the various growth factors and challenges which impact the market structure. Further, this report also includes the study of opportunities that has been observed in user and entity behavior analytics (UEBA) market. As per the findings, the global UEBA market was valued USD 0.18 Billion (by revenue) in 2017 and is anticipated to reach USD 2.3 Billion by 2024 with a CAGR of 44.3%. Every year, the number of data breaches cases continues to escalate from healthcare to government, entertainment to retail. Along with the growing number of threat, the IT security ecosystem is also changing rapidly. Nowadays, IT organizations are investing heavily to protect their asset and network due to the rise in the threat landscape. To deal with such threat various organization are adopting UEBA solution. This advanced solution helps to track and flag the suspicious or malicious behavior. UEBA solutions provide security administrators with an effective additional tool for detecting advanced attacks by monitoring, detection and alerting for anomalous behaviors for both users and entities.
UEBA system is becoming more robust and valuable and seeing a broader adoption across various small, medium, and large organizations. Rising number of threats, inside as well as outside the organization is fuelling the demand of UEBA solution. Also, rising demand for an analytical solution along with the lack of trained security experts is again escalating the demand of UEBA solution. Further, the growing adoption of cloud computing, as a service for outsourcing market is again propelling the demand of the product.
The report - “Global User And Entity Behavior Analytics (UEBA) Market Report By Type (Solution, Services), Deployment Type (On-Premises, Cloud), Vertical (Financial Services & Insurance, Retail & E-Commerce, Energy & Utility, IT & Telecom, Healthcare, Defense & Government) And By Regions - Industry Trends, Size, Share, Growth, Estimation, and Forecast, 2017-2024" - provide complete overview of the market parameters governing this market under the period of 2018-2024.
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The study provides a transparent look on the UEBA by segmenting the market based on type, deployment type, vertical, and region. By type, the market is split into solution and service. The solution is further segmented into insider threats, compromised credentials, data loss prevention, and others. Whereas, service is segmented into implementation and ongoing optimization. Out of solution and service, the solution is dominating the market owing to rising usage for data security across the various organization. Deployment type segment includes on-premises and cloud. Among this two, on-premises is dominating the segment owing to its ability to operate with in-house server along with personalized connection security and control over people, process and system. The vertical section covers financial services & insurance, retail & e-commerce, energy & utility, IT & telecom, healthcare, defense & government. Out of which, financial services are dominating the segment owing to the rising number of data breaches cases in the financial sector along with the rising investment on safety and security of the financial sector. Regarding geography, the market has been analyzed across the region of North America, Europe, Asia-pacific, Latin America, and Middle East & Africa. Out of this top five region, North America is ruling the global UEBA market owing to rising cases of data breaches along with the rising demand for real-time analytics solutions.
The Report Segments Global User and Entity Behavior Analytics Market -
- Insider Threats
- Compromised Credentials
- Data Loss Prevention
- Ongoing Optimization
By Deployment Type
- Financial Services & Insurance
- Retail & E-Commerce
- Energy & Utility
- IT & Telecom
- Defense & Government
- North America
- Latin America
- Middle East & Africa
Key Players Profiled In The Report:
Bay Dynamics, Dtex Systems, Exabeam, Inc., Gurucul, Niara, Inc., Rapid7, Securonix, Splunk, Inc., Sqrrl Data, Inc., and Varonis Systems, Inc.
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