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The global security analytics market reached a value of US$ 4.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2027, exhibiting a CAGR of 13.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Security analytics refers to a proactive security approach that uses big data analytics and machine learning to gather, categorize and analyze data from network devices. It is primarily aimed at managing the security of an organization’s digital infrastructure and prevent advanced threats. It is based on data mining and threat detection algorithms that are focused on providing digital asset metadata, geo-location, threat intelligence and internet protocol (IP) context-related analytical results. It provides real-time alerts from workstations, servers, mobile devices, sensors and other endpoints, monitors network traffic volume and maintains third-party threat intelligence feeds.
The increasing number of cyber threats and security breaches across the globe is one of the key factors driving the growth of the market. In line with this, the widespread adoption of security analytic tools across organizations for discovering patterns and prioritizing network-based threats to obtain insights for preventing data losses and future intrusions is also contributing to the market growth. The increasing utilization of cloud-based services and big data tools is acting as another major growth-inducing factor. Cloud deployment of security analytics offers web-based management and enterprise-wide protection solutions that have enhanced scalability, network security and speed. Additionally, the development of network security analytics that can perform deep packet analysis of the network traffic to identify malware and mitigate it, is also creating a positive outlook for the market. Other factors, including increasing investments by government and defense organizations to combat advanced cyber threats, along with the development of Next-generation firewalls, Intrusion Prevention Systems (IPS), anti-malware gateways and endpoint security applications, are projected to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global security analytics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, application, deployment mode, organization size and vertical.
Breakup by Component:
Breakup by Application:
Breakup by Deployment Mode:
Breakup by Organization Size:
Breakup by Vertical:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Alert Logic Inc. (Welsh, Carson, Anderson & Stowe), Alienvault Inc. (AT&T Cybersecurity), Arbor Networks Inc. (NETSCOUT Systems, Inc.), Cisco Systems Inc., Fortinet Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, LogRhythm Inc. (Thoma Bravo, LLC), McAfee LLC (TPG Capital & Intel Corporation), RSA Security LLC. (Dell Technologies Inc.) and Splunk Inc., etc.
|Base Year of the Analysis||2021|
|Segment Coverage||Component, Application, Deployment Mode, Organization Size, Vertical, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Alert Logic Inc. (Welsh, Carson, Anderson & Stowe), Alienvault Inc. (AT&T Cybersecurity), Arbor Networks Inc. (NETSCOUT Systems, Inc.), Cisco Systems Inc., Fortinet Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, LogRhythm Inc. (Thoma Bravo, LLC), McAfee LLC (TPG Capital & Intel Corporation), RSA Security LLC. (Dell Technologies Inc.) and Splunk Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global security analytics market was valued at US$ 4.2 Billion in 2021.
We expect the global security analytics market to exhibit a CAGR of 13.2% during 2022-2027.
The growing demand for cloud-based solutions, along with the increasing applications of security analytics for managing the security of digital infrastructure of an organization and preventing advanced threats, are primarily driving the global security analytics market.
The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of remote working model resulting in the increasing demand for advanced analytics-based security solutions to detect and manage online frauds, phishing attacks, ransomware attacks, etc. in the networks.
Based on the component, the global security analytics market can be segmented into solutions and services. Currently, solutions hold the majority of the total market share.
Based on the application, the global security analytics market has been divided into application security analytics, web security analytics, endpoint security analytics, network security analytics, and others. Among these, network security analytics segment exhibits a clear dominance in the market.
Based on the deployment mode, the global security analytics market can be categorized into cloud-based and on-premises, where on-premises deployment currently accounts for the majority of the global market share.
Based on the organization size, the global security analytics market has been segregated into small and medium enterprises and large enterprises. Currently, large enterprises hold the largest market share.
Based on the vertical, the global security analytics market can be bifurcated into BFSI, healthcare, manufacturing, consumer goods and retail, IT and telecom, government and defense, and others. Among these, the BFSI sector currently exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global security analytics market include Alert Logic Inc. (Welsh, Carson, Anderson & Stowe), Alienvault Inc. (AT&T Cybersecurity), Arbor Networks Inc. (NETSCOUT Systems, Inc.), Cisco Systems Inc., Fortinet Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, LogRhythm Inc. (Thoma Bravo, LLC), McAfee LLC (TPG Capital & Intel Corporation), RSA Security LLC. (Dell Technologies Inc.), Splunk Inc., etc.
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