Press release
User and Entity Behavior Analytics Market Size, In-depth Analysis Report and Global Forecast to 2029
1.9.2023: User and Entity Behavior Analytics Market to Reach US$ 8.58 Billion by 2029, Growing at a CAGR of 35.7% During the Forecast PeriodReport Scope and Methodology:
The report offers a comprehensive analysis of the global User and Entity Behavior Analytics (UEBA) market, including an assessment of market leaders, followers, and new entrants. The study covers past and current industry status, forecasted market size, trends, and a detailed analysis of key players. Various analytical tools, including PORTER, SVOR, and PESTEL analysis, are employed to understand market dynamics and the potential impact of micro-economic factors.
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What are User and Entity Behavior Analytics Market Dynamics?
Market Value: The global User and Entity Behavior Analytics (UEBA) Market is poised to reach nearly US$ 8.58 billion by 2029, with a remarkable CAGR of 35.7% during the forecast period.
Technology Driving Security: UEBA is a cybersecurity approach that focuses on analyzing user behavior to detect anomalies that could indicate potential threats. This technology leverages algorithms, statistical analysis, and machine learning to enhance security across various industries.
Rising Threat Landscape: The need for cybersecurity has never been greater, with an increasing number of cyber threats targeting organizations. UEBA systems allow for real-time monitoring and quick threat identification, extending security perimeters to safeguard networks, cloud services, and endpoint devices.
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User and Entity Behavior Analytics Market Segmentation?
1. Deployment Mode:
On-Premises: UEBA solutions are deployed and maintained on the organization's local servers or data centers.
Cloud-Based: UEBA solutions are hosted in the cloud, offering scalability and accessibility from anywhere.
2. Component:
Solution: The primary UEBA software or platform that performs behavior analytics and threat detection.
Services: Includes professional services (implementation, consulting, support) and managed services (outsourced monitoring and management of UEBA solutions).
3. Organization Size:
Small and Medium-sized Enterprises (SMEs): Typically, organizations with fewer employees and lower IT budgets.
Large Enterprises: Organizations with a significant workforce and larger IT infrastructure.
4. Vertical:
Financial Services & Insurance: Banking, financial institutions, insurance companies, and investment firms.
Healthcare: Hospitals, clinics, and healthcare providers.
Government: Government agencies and departments.
Retail: Includes both online and brick-and-mortar retail businesses.
Who are User and Entity Behavior Analytics Market Key Players?
1. Splunk, Inc.
2. Securonix
3. Varonis Systems, Inc.
4. Bay Dynamics
5. Exabeam, Inc.
6. Gurucul
7. Niara, Inc.
8. Sqrrl Data, Inc.
9. Dtex Systems
10. Rapid7
11. Amazon Web Services, Inc.
12. LogRhythm
13. Lepide
14. LTS Secure
15. Veriato
16. TrTec
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Regional Insights:
North America: The North America UEBA market is driven by the growing demand for real-time analytics and the increasing number of data breaches.
Asia-Pacific: APAC is expected to grow substantially, driven by the need for web application security and rising demand from multiple industries.
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