Segments' Analysis
Security Analytics Market Share: By Application Type
Based on the application type, the market is segmented as web security analytics, network security analytics, end-point security analytics, application security analytics, and others. The network security analytics segment held the largest share of the market in 2021, and is expected to remain dominant during the forecast period. Network security analytics collect and analyze different types of network security event information and generate comprehensive security analytic solutions in order to secure the network from advanced threats.
Security Analytics Market Share: By Component Type
Based on the component type, the security analytics market is segmented as solutions and services. The services segment is expected to grow at a higher rate, over the forecast period, owing to the increased rate of security-related instances, demanding organizations to adopt security analytic services in order to address the risks in the constantly evolving global threat landscape. Security vendors assist their customers by offering support for the efficient use and maintenance of security analytic solutions, which constitute the services segment, an integral part of the security analytics market.
Security Analytics Market Share: By Deployment Mode Type
Based on the deployment mode type, the security analytics market is segmented as cloud and on-premises. The cloud segment is expected to grow at a higher rate, during the forecast period, driven by its advantages such as enabling cost saving by eliminating the need for an Information Technology (IT) staff to manage the software. Monitoring the security system can be done internally or it can be granted to the vendor. As this deployment mode requires low startup costs, it is being used by Small & Medium-Sized Enterprises (SMEs), offering web-based management and enterprise-class protection. Another factor driving the market for cloud-based security analytic solutions is that it provides scalability and flexibility. The Software-as-a-Service (SaaS) model of deployment is generating demand for cloud-based security analytic solutions, further fueling the market growth.
Security Analytics Market Share: By Region
In terms of regions, North America is estimated to be the largest market during the forecast period, with the USA and Canada being the major countries with lucrative growth opportunities. This growth can be attributed to a large number of security breach incidents, leading to fast technological adoptions, and the presence of a number of leading players in North America. Cybersecurity has been identified by the government as the most serious economic and national security challenge in the region. The region has experienced tremendous technological growth owing to the emergence of trends such as Bring Your Own Device (BYOD), Internet of Things (IoT), and the Internet of Everything (IoE). This major trend has, in turn, led to a rise in next-generation threats, added complexities, and increased concerns and vulnerabilities for the existing technological infrastructure in the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Market Scope & Segmentation
Security analytics check for the presence of malware and detect and mitigate it before it can enter the network and hamper network security. Through implementation of real-time monitoring of servers, endpoints and network traffic, network logs, and diverse event data from applications and execution of forensic analysis with the help of security analytic solutions, organizations can better understand such network attacks. Nowadays, the next-generation advanced threats easily hack valuable information by going past traditional security solutions. Thus, in order to improve visibility in the network and quickly respond to such malicious activities, the deployment of security analytic solutions is becoming a trend in the security industry.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Security Analytics Market Research Report - Features
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Market Segmentation
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6
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The security analytics market is segmented into the following categories.
Security Analytics Market Size, Share, & Forecast, by Application Type:
- Web Security Analytics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Network Security Analytics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- End-Point Security Analytics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Application Security Analytics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Security Analytics Market Size, Share, & Forecast, by Component Type:
- Solutions (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Services
- Regional Analysis: North America, Europe, Asia-Pacific, and RoW
- Type Analysis: Professional Services and Managed Services
Security Analytics Market Size, Share, & Forecast, by Deployment Mode Type:
- Cloud (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- On-Premises (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Security Analytics Market Size, Share, & Forecast, by Organization Size Type:
- Small & Medium-Sized Enterprises (SMEs) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Large Enterprises (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Security Analytics Market Size, Share, & Forecast, by Industry Vertical Type:
- Government and Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Banking, Financial Services, and Insurance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Consumer Goods and Retail (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- IT and Telecom (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Energy and Utilities (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Security Analytics Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)