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Behavior Analytics Market Global Analysis By Key Players -Splunk Inc., IBM Corporation, Rapid7, LogRhythm

08-29-2018 05:09 PM CET | IT, New Media & Software

Press release from: marketstudyreport.com

Behavior Analytics, Behavior Analytics Market, Behavior Analytics Market Study, Behavior Analytics Market Size, Behavior Analytics

Behavior Analytics, Behavior Analytics Market, Behavior Analytics Market Study, Behavior Analytics Market Size, Behavior Analytics

This report studies the global Behavior Analytics Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Behavior Analytics Market by companies, region, type and end-use industry.

Behavior Analytics Market size is set to exceed USD 3.5 billion by 2024, Technology advancement has bolstered the demand for behavior analytics market solutions among organizations to detect threats even before they occur and to mitigate their impact. Integration of advanced analytics and machine learning algorithms for analyzing user behavior allows automatic analysis enables organizations to link user and entity activity to support security analyst in threat detection and remediation. Besides these, advanced behavior analytics market systems also offer certain benefits over conventional security enterprise systems, such as end to end protection, automated response and access control.

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Top Manufacturers in global market are given bellow:
Splunk Inc., IBM Corporation, Rapid7, LogRhythm

The healthcare sector has emerged as one of the major end-users of the behavior analytics market and is anticipated to register substantial growth during the forecast timeline. The growing demand for these solutions among healthcare organizations is attributed to the growing threat of insider attacks and data breaches among healthcare institutes, which poses a financial risk. Besides, healthcare institutes are more exposed to the risk of insider attacks owing to the general lack of cybersecurity infrastructure. User identity information can be stolen from hospital records for insurance fraud, the need to alleviate these risks has led to considerable demand for behavior analytics market solutions.

Growing adoption of cloud-based behavior analytics market solutions is driving the global revenue, a trend that is expected to resonate across the forecast timeline. Increasing adoption of cloud platform among organizations and improving security measures for this deployment model is one of the key factors that is encouraging the organizations to shift toward cloud platform. Furthermore, advanced cloud-based behavior analytics solutions offer better handling of sensitive data, thereby augmenting the demand of these products among organizations.

Asia Pacific is estimated to register considerable growth with around 45% CAGR during the forecast timeline owing to the increasing internet penetration and growing smartphone adoption as well as demand for mobile applications in the region. Furthermore, increasing digitalization and growing investment in information security in the economies such as China, India and Australia are also estimated to drive the revenue growth.

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The above information is provided on a regional and country basis for the following:

• North America (U.S., Canada, Mexico)
o Europe (Germany, Italy, UK, France, Austria, Spain, Portugal, Ukraine, Switzerland)
o Asia Pacific (Japan, China, India, South Korea, Australia)
o Latin America (Brazil, Mexico)
o MEA (South Africa, Saudi Arabia)

Behavior Analytics Market, By Deployment Model
• On-premise deployment
• Cloud based deployment
Behavior Analytics Market, By Components

• Compromised credential detection solutions
• Insider threat detection solutions
• Loss prevention solutions
• Others
• Services
• Professional services
• Managed services

Behavior Analytics Market, By End-Users
• BFSI
• IT & Telecommunication
• Defense
• Government organizations
• Retail & E-commerce
• Healthcare
• Energy & Utility
• Others

Asia Pacific Behavior Analytics market is set to witness significant growth subject to the rapid adoption of decentralized generation technologies coupled with the ongoing expansion of off-grid electricity networks. Intervention of financial institutions coupled with government aided funding towards renewable expansion across the region will boost the product penetration. In 2017, Regulators across China declared an investment worth USD 360 Billion to proliferate its expanding renewable energy sector.

Table of Content
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Commercial Drone Industry Insights
Chapter 4. Competitive Landscape
Chapter 4. Competitive Landscape
Chapter 5. Global Behavior Analytics Market, By Application, By Technology & More

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