Surging Demand for Real-Time Analytics to Fuel the Growth of Global Behavioral Analytics Market During 2021-2026

According to MarkNtel Advisors, the Global Behavioral Analytics Market is anticipated to grow at a CAGR of more than 40% during 2021-26. The market growth is prominently attributed to the rapidly growing cyber frauds & the need to prevent insider threats, growing requirements for real-time analytics across several organizations, and the shortage of skilled cybersecurity professionals.

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Market Segmentation
1. By Component (Solution (Compromised Credential Detection Solutions, Insider Threat Detection Solutions, Loss Prevention Solution, Others), Service (Professional Services, Managed Services)
2. By Industrial Vertical (Banking, Financial Services, and Insurance (BFSI), IT & Telecommunication, Manufacturing, Healthcare, Retail & Ecommerce, Others (Energy & Utilities, etc.))
3. By Organization Size (Large Enterprises, Small & Medium-Sized Enterprise)
4. By Deployment Type (On-Premise, On-Cloud)

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Region-wise Segmentation
● North America: US, Canada, Mexico
● South America: Brazil
● Europe: The UK, Germany, France, Italy, Spain, Netherlands.
● Asia-Pacific: China, India, Japan, South Korea, Australia
● Middle East & Africa: Saudi Arabia, UAE, South Africa

Key Growth Drivers
● An increasing number of under-the-radar cyberattacks
Market Challenges
● Lack of awareness about the user-centric approach and low budget allocations for behavior analytics solutions
● The incapability of SMEs to store humongous amounts of data for behavioral analytics

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Market Competitors:
IBM Corporation, Microsoft Corporation, Splunk Inc., Varonis Systems Inc., Exabeam Inc., Niara Inc., SAP SE, Oracle Corporation, NTT Data Corporation, and Tibco Software Inc.

Key Questions Answered in this Report:

1. What are the current & future trends in the Global Behavioral Analytics Market?
2. What are the overall statistics or estimates (Overview, Size- by Value, Forecast Numbers, Segmentation, and Shares) of the Global Behavioral Analytics Market?
3. How has the industry been evolving in terms of geography & service adoption?
4. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
5. What are the key growth drivers & challenges for the Global Behavioral Analytics Market?
6. What are the customer orientation, purchase behavior, and expectations from Behavioral Analytics providers across the globe?
7. What are the region-wise industry size, growth drivers, and challenges?
8. What are the key innovations, opportunities, current & future trends, and regulations in the Global Behavioral Analytics Market?
9. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Behavioral Analytics Market based on a competitive benchmarking matrix?
10. What are the key results derived from surveys conducted during the Global Behavioral Analytics Market study?

MarkNtel Advisors
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Email: sales@marknteladvisors.com
Tel: +1 604 800 2671
Website: https://www.marknteladvisors.com

About us:
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.