Security Analytics Market Trends | Growth, Share, Size, Demand and Forecast 2027

According to IMARC Group's latest report, titled "Security Analytics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global security analytics market reached a value of US$ 4.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2027, exhibiting a CAGR of 13.2% during 2022-2027.

Security analytics refers to the process that involves data collection, aggregation and analysis for threat detection and security monitoring. It offers proactive security measures to enterprises, thus enabling them to provide real-time alerts of attempted attacks or incidents that are in progress from servers, sensors and mobile devices. It involves the collection of large amounts of data, which is further categorized and analyzed from network devices with the help of big data analytics and machine learning. Based on data mining and threat detection algorithms, it provides geo-location, digital asset metadata, threat intelligence and internet protocol (IP) context-related analytical results. It is also essential for monitoring network traffic volume and maintaining third-party threat intelligence feeds across the defense, information technology (IT) and banking sectors.

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Market Trends

The market is primarily driven by the increasing incidences of cyber threats and security breaches on the global level. Growing concerns regarding the unauthorized intrusions in the corporate sector have led to the widespread adoption of security analytics. These services aid in discovering patterns of the threat while obtaining insights to prevent data losses and secure the network infrastructure. The market is further driven by the convergence of big data analytics with security intelligence across numerous organizations. Apart from this, there has been an increase in the deployment of cloud-based platforms that require security analytics for facilitating web-based management to enhance scalability, network security and speed. Furthermore, numerous players are introducing better security products with stringent regulations and compliance requirements that are gaining widespread prominence among end users.  For instance, they have launched services that offer deep packet analysis of the network traffic for identifying and resolving malware. They have also developed next-generation firewalls, anti-malware gateways, Intrusion Prevention Systems (IPS) and endpoint security applications, thereby providing an impetus to the market. Some of the other factors contributing to the market growth include the prioritization of network-based patterns and the growing investments by several governments and defense organizations.

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List of Key Companies Covered in this Market Report:

Alert Logic Inc. (Welsh, Carson, Anderson & Stowe)
Alienvault Inc. (AT&T Cybersecurity)
Arbor Networks Inc. (NETSCOUT Systems, Inc.)
Cisco Systems Inc.
Fortinet Inc.
Hewlett Packard Enterprise Development LP
International Business Machines Corporation
LogRhythm Inc. (Thoma Bravo, LLC)
McAfee LLC (TPG Capital & Intel Corporation)
RSA Security LLC. (Dell Technologies Inc.)
Splunk Inc.

The report has segmented the market on the basis of component, application, deployment mode, organization size, vertical and geography.

Breakup by Component:

Solutions
Services
Professional Services
Managed Services

Breakup by Application:

Application Security Analytics
Web Security Analytics
Endpoint Security Analytics
Network Security Analytics
Others

Breakup by Deployment Mode:

Cloud-based
On-premises

Breakup by Organization Size:

Small and Medium Enterprises
Large Enterprises

Breakup by Vertical:

BFSI
Healthcare
Manufacturing
Consumer Goods and Retail
IT and Telecom
Government and Defense
Others

Breakup by Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise. 

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