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    Security Analytics Market Report

    Security Analytics Market Report
    Report code - SR1995 Delivery - 2 Weeks
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    Security Analytics Market Size, Share, Trend, Forecast, & Industry Analysis – 20 See more...

    Market Insights

    Security Analytics Market is likely to witness an impressive CAGR of 18.2% during the forecast period. The demand to discover patterns, prioritization of network-based threats with actionable intelligence to avert data losses, prevention of onward intrusion, and increased focus on regulatory compliance are the major factors driving the market growth.

    Security Analytics Market - Snapshot

    Growth

    18.2% for the next five years

    Major Application Type

    Network Security Analytics

    Fastest-Growing Component Type

    Services

    Fastest-Growing Deployment Mode Type

    Cloud

    Region with the highest demand

    North America

    Key Players

    IBM Corporation, Cisco Systems, Inc., Splunk, Inc., RSA Security LLC, FireEye, HP Enterprise Company, McAfee, LLC, NortonLifeLock, Inc., LogRhythm, Inc., Huntsman Security, Securonix, Inc., Gurucul, Juniper Networks, Inc., Hillstone Networks Co Ltd, Exabeam, Inc., Rapid7, Alert Logic, Forcepoint, Assuria Ltd, and Haystax Technology, Inc.

                                                                                                                                                                                    

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    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

    Market Segmentation

    6

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    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)

    Key Players

    Major players in the security analytics market are:

    • IBM Corporation, Cisco Systems, Inc.
    • Splunk, Inc.
    • RSA Security LLC
    • FireEye
    • HP Enterprise Company
    • McAfee
    • LLC
    • NortonLifeLock, Inc.
    • LogRhythm, Inc.
    • Huntsman Security
    • Securonix, Inc.
    • Gurucul
    • Juniper Networks, Inc.
    • Hillstone Networks Co Ltd
    • Exabeam, Inc.
    • Rapid7
    • Alert Logic
    • Forcepoint, Assuria Ltd, and
    • Haystax Technology, Inc.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the application types and by component type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Security Analytics Market is likely to witness an impressive CAGR of 18.2% during the forecast period.

    Some of the key players in the security analytics market are IBM Corporation, Cisco Systems, Inc., Splunk, Inc., RSA Security LLC, FireEye, HP Enterprise Company, McAfee, LLC, NortonLifeLock, Inc., LogRhythm, Inc., Huntsman Security, Securonix, Inc., Gurucul, Juniper Networks, Inc., Hillstone Networks Co Ltd, Exabeam, Inc., Rapid7, Alert Logic, Forcepoint, Assuria Ltd, and Haystax Technology, Inc.

    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.

    The demand to discover patterns, prioritization of network-based threats with actionable intelligence to avert data losses, prevention of onward intrusion, and increased focus on regulatory compliance are the major factors driving the market growth.

    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.

    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.

    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.