Covid-19 Impact on Security Analytics Market Set for Rebound from 2022 till 2028

The security analytics market was estimated at USD 12.1 billion in 2021 and is likely to grow at a CAGR of 16.23% during 2022-2028 to reach USD 34.84 billion in 2028.

According to Stratview Research’s latest report, titled “Security Analytics Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028”, the Security Analytics Market is segmented by Application Type (Web Security Analytics, Network Security Analytics, End-point Security Analytics, Application Security Analytics, and Others), by Component Type (Solutions and Services [Professional Services and Managed Services]), by Deployment Mode Type (Cloud and On-Premises), by Organization Size Type (Small Medium-Sized Enterprises and Large Enterprises), by Industry Vertical Type (Government and Defense; Banking, Financial Services, and Insurance; Consumer Goods and Retail; IT and Telecom; Healthcare; Energy Utilities; and Manufacturing), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Security Analytics Market.

Market Insights

According to analysts, the security analytics market was estimated at USD 12.1 billion in 2021 and is likely to grow at a CAGR of 16.23% during 2022-2028 to reach USD 34.84 billion in 2028.

What are security analytics?

Security analytics check for the presence of malware and detect and mitigate it before it can enter the network and hamper network security. Through the implementation of real-time monitoring of servers, endpoints, 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.

Market Dynamics

The major factors driving the market growth are-

  • The demand to discover patterns,
  • Prioritization of network-based threats with actionable intelligence to avert data losses,
  • Prevention of onward intrusion,
  • Increased focus on regulatory compliance.

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s Security Analytics Market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyses the market in the most detailed manner in order to provide a panoramic view of the market. The vital data provided in the report can play a vital role in assisting market participants and investors in identifying low-hanging fruits available in the market as well as developing growth strategies to accelerate their growth process.

The list of Key Players in the report are -

The market for Security Analytics is gradually consolidating with major companies that are performing mergers acquisitions to quickly gain the leading position and to tap the growing opportunities in this briskly expanding market. Some of the major key players in the Security Analytics Market are listed below.

  • 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.

Report Features -

This market report includes the following features –

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints.
  • Market trend and forecast analysis.
  • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, MAs etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.

Custom Research:

Stratview research offers custom research services across the 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 to sales@stratviewresearch.com

About Stratview Research –

Stratview Research is a leading market research firm that offers wide range of services like syndicated market reports, consulting, sourcing intelligence, and customer research, etc. Stratview Research’s offerings include comprehensive market intelligence in the form of research reports, and consulting services. Our team which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 500 companies.

 

 


Rinku Suthar

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