Security Analytics Market Size, Business Growth, Historical Analysis, Emerging Technologies, Opportunities, Future Trends, Competitive Landscape and Regional Forecast 2023

Market Research Future published a research report on “Security Analytics Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India - June 7, 2019 /MarketersMedia/ —

Market Synopsis:

Market Research Future (MRFR)’s new study has projected that the global security analytics market is set to expand exponentially at a CAGR of 27% during the forecast period 2017 to 2023. The valuation of the global market is expected to reach USD 15 Bn by the end of 2023. Security analytics facilitates the early detection of threats and potential attacks which has accelerated its adoption across different industry verticals. This, in turn, is likely to catapult the Security Analytics Market on an upward trajectory over the assessment period.

Security analytical tools enable an organization to maintain an effective threat management system and also track unusual traffic between servers. It is one of the major factors responsible for aiding the proliferation of the market. Additionally, the ongoing trend of Bring Your Own Device (BYOD) coupled with the adoption of the Internet of Things (IoT) has accelerated the revenue creation for security analytics market participants.

The market looks attractive presently and is estimated to scale new heights through the review period. An upsurge in demand is expected from different industry verticals over 2023 which is forecasted to augment the security analytics market.

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Industry News:

In October 2018, The University of Texas at San Antonio (UTSA) received USD 2 Mn for training the national security analytics cyber workforce.

In October 2018, Fortinet, a US-based cybersecurity company, acquired ZoneFox, which is a Scottish-founded security analytics company.

In October 2018, Bitdefender, cybersecurity protector of more than 500 million systems, has acquired behavior and network security analytics company, RedSocks Security BV (RedSocks).

In October 2018, A10 Networks, a provider of intelligent and automated cybersecurity solutions, has announced the introduction of advanced security analytics for SSL inspection.

Key Players

The prominent players in security analytics market are – Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Hewlett-Packard Enterprise (U.S.), EMC RSA (U.S), FireEye, Inc. (U.S.), Arbor Networks, Inc. (U.S.), LogRhythm, Inc. (U.S.), Alert Logic, Inc. (Click Security) (U.S.), Blue Coat Systems, Inc. (U.S.), Alien Vault, Inc. (U.S.) and others.

Segments:

Security analytics market can be segmented on the basis of following:

By Application

• Web Security Analytics
• Network Security Analytics
• End Point Security Analytics
• Application Security Analytics
• Others

By Service

• Professional Services
• Consulting
• Training & Education
• Support & Maintenance
• Managed Services

By Organization Size

• SMES
• Large Enterprises
• By Deployment
• Cloud
• On Premise

By Vertical

• BFSI
• Healthcare
• Manufacturing
• Retail
• Education
• IT & Telecommunication
• Transportation
• Government & Defense
• Others

Regional Analysis

The regional analysis of security analytics market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in security analytics market in North America is attributed to technological advancements and increasing demand for cloud computing technologies in that region.

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Intended Audience

• Technology Investors
• Research/Consultancy Firms
• Infrastructure Providers
• Original equipment manufacturers (OEMs)
• OEM technology solution providers
• Cloud Service Providers
• Technology Providers
• Security Service Providers

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com

Source URL: https://marketersmedia.com/security-analytics-market-size-business-growth-historical-analysis-emerging-technologies-opportunities-future-trends-competitive-landscape-and-regional-forecast-2023/521297

Source: MarketersMedia

Release ID: 521297