Security Analytics Market Trends Evaluation, Geographical Segmentation, Business Challenges, and Investment Opportunities Analysis till 2028

According to our latest market study on "Security Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Deployment, Application, Organization Size, and Industry," the market was valued at US$ 12,076.36 million in 2021 and is projected to reach US$ 34,226.73 million by 2028; it is expected to grow at a CAGR of 16.0% from 2021 to 2028.

You Can Get a Sample Copy of This Report @ https://www.theinsightpartners.com/sample/TIPTE100000317/?utm_source=openPR&utm_medium=10642

Over the past few years, big data analytics has become a significant research interest among practitioners and researchers. Swift growth in data volume and complexity, owing to the rising traffic of mobile data and cloud computing and increasing development and uptake of new technologies, such as artificial intelligence (AI) and the Internet of things (IoT), is propelling the demand for big data analytics technologies. These technologies have an enormous potential to transform the business entirely. Big data platforms effectively analyse the vast structured and unstructured data sets. Big data analytics technology helps gain actionable insights from the structured and massive data quantity available in unstructured data from various sources, such as the web and social media. Big data analysis's insight helps security analytics gather, categorize, and analyse data collected from network devices to detect advanced threats, thereby, creating lucrative opportunities for the security analytics market. With continued digital transformation, the use of cloud-based platforms has increased. The ease of deployment time and a significant reduction in the cost of deployment have fuelled their demand considerably.

The Key Players in The Global Market Are:

International Business Machines Corporation
Huntsman Security
Cisco Systems, Inc.
The Hewlett Packard Enterprise Company
Broadcom Corporation
Splunk Inc.
RSA Security LLC
McAfee Corp.
SolarWinds Worldwide, LLC
Rapid7
The Internet infrastructure has matured in developed countries and is flourishing in several developing countries as well, allowing end users in both developed and developing nations to access cloud-based platforms. Nowadays, cyber attackers' ability to gain information through various channels with cloud-based platforms has improved. Therefore, security analytics systems are being installed in businesses to restrict cyber attackers. For instance, in May 2021, McAfee Corp., a device-to-cloud cybersecurity firm, announced an expansion of its MVISION Extended Detection and Response (XDR) solution by combining the extensive telemetry of McAfee's endpoint security, Secure Access Service Edge (SASE) solution, and threat intelligence solution, powered by MVISION Insights. With unified control and visibility from device to cloud, these integrations defend enterprises against the most advanced threats while simplifying security operations. Therefore, the rise of cloud-based platforms has increased the use of security analytics systems to secure organizations from cyber attackers.

Have Question? Speak to Analyst at: https://www.theinsightpartners.com/speak-to-analyst/TIPTE100000317?utm_source=openPR&utm_medium=10642

The report segments the global Market as follows:

By Type (Solutions, Service)
By Solution (Network Security Analytics, Web Security Analytics, End Point Security Analytics, Others)
By Deployment (On-premise, Cloud, Hybrid); Industry Vertical (BFSI, Telecom and IT, Government and Defense, Consumer Goods and Retail, Others)
By Geography
Impact of COVID-19 Pandemic on Security Analytics Market

The COVID-19 pandemic has affected most businesses globally. The continuous growth in the number of virus-infected patients compelled governments to put a bar on the transportation of humans and goods due to travel bans, mass lockdowns, and business shutdowns.

The rising cases of COVID-19 have influenced industries to promote remote working environments and follow work from home policy. Following such standard protective measures has resulted in growth in the usage of third-party networks, digital platforms, and personal computing devices. The use of such network connectivity solutions increases the risks of cyberattacks and other malware. Furthermore, the surge in digital traffic presented an opportunity to numerous online frauds, phishing attacks, denial of inventory, and ransomware attacks. Due to the increased risk of cybercrimes, enterprises look for advanced analytics-based security solutions to detect and manage any abnormal behavior in the networks. Thus, with the growing remote working facility, the need for security analytics solutions is also increasing.

Purchase a copy of Security Analytics Market research report @ https://www.theinsightpartners.com/buy/TIPTE100000317/?utm_source=openPR&utm_medium=10642

Advantage of requesting Sample PDF Report Before purchase to know about:

To part the breakdown information by districts, type, makers, and applications.
To break down and research the worldwide Keyword status and future figure, including, creation, income, utilization, recorded, and conjecture.
To distinguish huge patterns, drivers, impact factors in worldwide and locales.
To introduce the key Keyword makers, creation, income, piece of the pie, and ongoing turn of events.
To investigate serious advancements, for example, extensions, arrangements, new item dispatches, and acquisitions on the lookout.
To investigate the worldwide and key districts market potential and preferred position, opportunity, and challenge, limitations, and dangers.

Contact Us:
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

ABOUT US:

The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.

This release was published on openPR.