Press release
Security Analytics Market Global Insights and Trends – Alert Logic Inc., Arbor Networks Inc., Broadcom Inc. (Symantec Corporation), Cisco Systems Inc
This report discusses many vital industry facets that influence Global Security Analytics industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.The Security Analytics market was valued at USD 3.63 billion in 2020 and is expected to reach USD 6.68 billion in 2026 with a CAGR of 10.7%, during the forecast period (2021 - 2026).
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Alert Logic Inc., Arbor Networks Inc., Broadcom Inc. (Symantec Corporation), Cisco Systems Inc., RSA Security LLC, Hewlett-Packard Enterprise Co., IBM Corporation, Logrhythm Inc., Fireeye Inc., Splunk Inc., Fortinet Inc., McAfee LLC, Micro Focus International PLC
News and Updates
- Some key players in the market are, Arbor Networks Inc, RSA Security LLC (RSA), and Cisco. Some of the key developments in the market are as follows:
- Ensono entered into a partnership with Alert Logic to deliver continuous monitoring, threat detection, and response for Ensonos managed Amazon Web Services (AWS) clients. Ensono will leverage Alert's managed security service offering built on Alert Logic Cloud Defender suite to deliver increased security and compliance protection for clientsdata, workloads, and applications based on AWS.
- NetScout Systems Inc. announced that the company will be exhibiting its suite of service assurance and security solutions at the Black Hat USA in Las Vegas. The company will be conducting live product demonstrations of the award-winning enterprise tools, technology, and software solutions.
Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7
Web Security Analytics
Network Security Analytics
Endpoint Security Analytics
Application Security Analytics
Others
Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8
Government & Defense
BFSI
Consumer Goods & Retail
IT & Telecom
Healthcare
Energy & Utilities
Manufacturing
Education
Transportation
Regional and Country-level Analysis
- The Kaspersky Lab 2018 B2B Survey indicated that in North America, the average cost of a data breach for an enterprise reached USD 1.6 million (up 23% from USD 1.3 million in 2017) on average.
- North America is the most expensive location for any small- and medium-scale business (SMB) to suffer a data breach compared to other regions. SMBs in the United States and Canada have the highest recovery cost, at USD 149 thousand on average (up 27% from USD 117 thousand in 2017).
- End-user industries in the region have been pioneers and early adopters of analytics solution to remain ahead of competitions in other regions. This has helped enterprises and SMBs create huge databases and infrastructure to support the use of security analytics in a proactive measure.
Market Overview
The rapid growth of the internet has resulted in an exponential increase in the type and frequency of cyber attacks. Although many well-known cybersecurity solutions are utilized to counteract these attacks, the generation of Big Data over computer networks is rapidly rendering these traditional solutions obsolete.
- The increased pervasiveness of data breaches and the higher volume of impacted records are resulting in far higher costs for organizations of all sizes. According to ISF, an independent and not-for-profit association of leading organizations from around the world, the number, magnitude, and costs of data breaches are all set to continue on their upward trajectories in 2019.
- While day-to-day cyber threats continue to increase at an exponential rate, CISOs (Chief Information Security Officer) are most concerned over the rise of targeted and advanced malware enabled attacks such as Advanced Persistent Threats (APTs).
- According to statistics from IBM and Ponemon Institute, the cost of a breach in the United States estimated at USD 7.35 million or nearly double the USD 3.62 million it cost globally. As a result, organizations are increasingly concentrating on threat hunting as a preventive measure.
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Security Analytics Analysis and Strategies Carry Out as below:
The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Security Analytics market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Security Analytics market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Security Analytics Market report.
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https://www.marketinsightsreports.com/report/purchase/02082591978?mode=su?Mode=S21
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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