Press release
User and Entity Behavior Analytics Market Component, Deployment Type, Region, and Top Companies - Amazon web services Inc., Bay Dynamics, Inc., Dtex Systems Inc., Exabeam, Inc., Gurucul
The User and Entity Behavior Analytics Market research report offers valuable proposals for new development that help organizations optimize their revenue structure and operations. Furthermore, the report also emphasized the issues that influence the global User and Entity Behavior Analytics Market including cost, market share, import, capacity utilization, gross margin, and supply. Moreover, the report also highlights the future scope of the global market for the upcoming period.This User and Entity Behavior Analytics Market report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application. Geographically, the report is categorized into several regions such as North America, South America, Asia Pacific, the Middle East and Africa, and the rest of the world. Moreover, the report also offers a covid-19 impact on the User and Entity Behavior Analytics Market, enabling businesses to understand market drivers and restraints.
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Key companies profiled Amazon web services Inc., Bay Dynamics, Inc., Dtex Systems Inc., Exabeam, Inc., Gurucul, Rapid7 Inc., Securonix, Inc., Splunk, Inc., Varonis Systems, Inc., and Other Prominent Players
Impact of COVID-19 on User and Entity Behavior Analytics Market to surpass USD 19,481.6 million by 2031 from USD 645.6 million in 2021 at a CAGR of 40.6% in the coming years, i.e., 2021-31.
Product Overview
Banking fraud, insider threat, & targeted attacks can all be detected using user and entity behavior analytics. This method is used to analyze human behavior patterns and then find deviations using statistical analysis and algorithms. When end users collaborate, malware might become dormant and go undiscovered. Rather than trying to figure out where the outsider got in, user and entity behavior analytics uses algorithms to detect internal threats, allowing for faster detection. In big data platforms like Apache Hadoop, user and entity behavior analytics solutions are utilized to analyze petabytes of data, detect insider risks, and detect sophisticated persistent threats. The collected data is evaluated to identify various human behavioral patterns used to identify odd behavior and threats.
Market Highlights
Global User and Entity Behavior Analytics market is expected to project a notable CAGR of 40.6% in 2031.
Increased cyber threats faced by insiders in businesses, as well as the inability of standard security systems to detect such insider threats, are driving the global market. Furthermore, the global market is expected to be driven by a lack of skilled security professionals who understand the privacy risk faced by users, as organizations have been expected to prefer behavior analytic solutions that rely on ML to identify such threats with minimal human interaction.
Global User and Entity Behavior Analytics: Segments
Solution component segment to grow with the highest CAGR during 2021-31
Based on Component, User and Entity Behavior Analytics Market has been segmented Solution and Services. Threats, compromised identities, data loss protection, and other solution segments are used to classify the market. Insider threats in the Solution segment are providing the highest share of the global user & entity behavior analytics market during the forecast period. Because firms know the crucial need of preventing insider breaches, insider threat measures are in a growing market. Organizations are significantly spending on hazard detecting analytical solutions to disclose security concerns that cybercriminals may abuse, which is driving the economy for UEBA solutions, which is driving the market for smart technology and security solutions.
Financial services and insurance segment to grow with the highest CAGR during 2021-31
By End-users the market is segmented into Government and Defense, Energy and Utilities, Healthcare, Retail and e-commerce, Financial Services, and Insurance, IT and Telecom, Others. The risk of cyber-crime increases as the number of customers in the insurance, accounting, and finance industries expands. As a result, these businesses generally use the UEBA because it provides customers with instant access to deposit & payment services. UEBA systems enable rapid threat detection and notify the organization of a wide range of behavioral patterns and potential insider threats, attracting end-users to the market.
Market Dynamics
Drivers
Increasing demand for real-time analytics.
The usage of User & Entity Behavior Analytics broadens the security perimeter to include closed networks, users, cloud service providers, as well as weird and smart endpoint devices. User behaviors are monitored and assessed using UEBA systems, which provide real-time & continuous monitoring. More on the COVID-19 epidemic Many industries have been pushed to operate online as a result of the impact, which has increased the risk of cyber security & thus the demand for UEBA.
Rising adoption of a user-centric approach
The requirement to prevent insider risk faced by users is one of the market's beneficial elements. As a result of the growing volume of data breaches and enormous investment in threats prevention technologies, demand for user & entity behavior analytics is likely to rise rapidly throughout the projection period. With the increased demand for advanced security solutions, businesses are heavily investing in attacks detection analytical solutions to reveal security concerns that criminals may exploit, which is driving demand for user & entity behavior analytics solutions. Insider threats, information security, external attacks, & identity, and access management are all covered by this system.
Restraint
Scarcity of trained security personnel and a lack of public awareness
The dearth of qualified security personnel and lack of awareness of advanced insider threats are two challenges that hinder the growth of the user & entity behavior analytics industry. In addition, the global market's growth is hampered by a user-centric approach and insufficient budget allocation for user and behavior analytics solutions.
Global User and Entity Behavior Analytics: Regions
Global User and Entity Behavior Analytics market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Because of the rising use of consumer and organizational functional analytics solutions, the North American region is expected to hold the greatest share of the worldwide market throughout the forecast period. The increase in user behavior analytics security can be attributed to the rising usage of mobile & online apps in the sector, as well as the need for security solutions capable of spotting data risks. Due to increased investment in safety surveillance technology for the protection of citizens, the market is expected to rise during the forecasted period. In addition, the government is investing in Artificial Intelligence, 5G, cloud, IoT, and networking.
Impact of Covid-19 on User and Entity Behavior Analytics Market
The devastating impact of the widespread COVID-19 pandemic has stifled the User & Entity Behavior Analytics Market's growth potential. As a result of the COVID-19 outbreak, many sectors have been forced to operate online, raising the risk of cyber security therefore, as a result, the need for UEBA has expanded. The International User and Entity Behavior Analytics (UEBA) Technology Market is expected to grow fast as a result of the growing digital presence, offering new opportunities over the anticipated period.
Global User and Entity Behavior Analytics is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR the United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
the Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR North Africa, Israel, GCC, South Africa and Rest of MENA
Global User and Entity Behavior Analytics report also contains analysis on:
User and Entity Behavior Analytics Segments:
By Component
Solution (Insider Threats, Compromised Credentials, Data Loss Prevention, and Others)
Services (Implementation and Ongoing Optimization)
By Deployment Type
On-Premises
Cloud
By End-user
Financial Services & Insurance
Retail & Ecommerce
Energy & Utilities
IT & Telecom
Healthcare
Defense & Government
Others
User and Entity Behavior Analytics Dynamics
User and Entity Behavior Analytics Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
User and Entity Behavior Analytics Market Report Scope and Segmentation
Report Attribute Details
The market size value in 2021 USD 645.6 million
The revenue forecast in 2031 USD 19,481.6 million
Growth Rate CAGR of 40.6% from 2021 to 2031
The base year for estimation 2020
Quantitative units Revenue in USD million and CAGR from 2021 to 2031
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Component, Deployment Type, End-User, and Region
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
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Table of Contents
1. Executive Summary
2. Global User and Entity Behavior Analytics Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global User and Entity Behavior Analytics Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global User and Entity Behavior Analytics Market
11.1. Market Size & forecast, 2020A-2031F
11.1.1. By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
11.1.2. By Volume (Million Units) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12. Global User and Entity Behavior Analytics Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2. By Deployment type: Market Share (2020-2031F)
12.2.1. Cloud, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.2. On-premises, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3. By Component: Market Share (2020-2031F)
12.3.1. Solution, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3.2. Services, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4. By End-user: Market Share (2020-2031F)
12.4.1. Financial Services & Insurance, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.2. Retail & Ecommerce, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.3. Energy & Utilities, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.4. Healthcare, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.5. Defense & Government, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.6. IT & Telecom, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.7. Others, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
13. Company Profile
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