What is Security Analytics Market Scope?
Security analytics is a method of cyber security focused on the analysis of data to produce proactive security measures. It uses data collection, aggregation, and analysis capabilities to perform security functions that detect cyber threats. For instance, monitoring network traffic could be used to identify indicators of compromise before an actual threat occurs.
The Security Analytics market study is being classified, by Application (Monitoring and Analysing Network Traffic, Detecting Endpoint Threats, Detecting Malicious User Threats, Automating Regulation Compliance and Others) and major geographies with country level break-up.
Global Security Analytics is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Services. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
McAfee (United States), Hewlett Packard Enterprise (United States), Exabeam (United States), FireEye (United States), Alert Logic, Inc. (United States), Hillstone Networks (United States), NortonLifeLock Inc. (United States), Rapid7 (United States), IBM (United States) and Splunk (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Security Analytics market by Type, Application and Region.
On the basis of geography, the market of Security Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 14th August 2019, McAfee has acquired NanoSec. With this acquisition, McAfee wants to provide customers with best-in-class container security as part of our cloud access security broker (CASB) and cloud workload protection platform (CWPP) solutions.
On 23rd March 2021, Exabeam has launched a new threat detection, investigation, and response case packages that provide a powerful, prescriptive solution to help security operations centers. It helps to improve workflows from collection to detection, investigation, and response using an outcome-based approach.
Influencing Market Trend
- Rising Cyber Crimes over the Globe
- Rapidly Increasing Network Traffic
- Increasing Applications of Security Analytics in various Organizations
- Surging Demand for Security Analytics to Analyse and Detecting Threats
- Growing Adoption of Security Analytics can create Opportunities for Market Growth
- Lack of Specialized Expertise
Key Target AudienceSecurity Analytics Service Providers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Security Analytics market expands?
The Global Security Analytics market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Security Analytics market?
The prominent players of Global Security Analytics market are McAfee (United States), Hewlett Packard Enterprise (United States), Exabeam (United States), FireEye (United States), Alert Logic, Inc. (United States), Hillstone Networks (United States), NortonLifeLock Inc. (United States), Rapid7 (United States), IBM (United States) and Splunk (United States), to name a few.
3. What are the top priorities to focus for Security Analytics marketís growth?
In this highly competitive & fast evolving Security Analytics industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.