User and Entity Behavior Analytics Market Will Reach Nearly USD 23.35 Billion By 2032, Expanding at a CAGR of 33.5%

According to the research report, the global user and entity behavior analytics market was valued at USD 1.30 billion in 2022 and is expected to reach USD 23.35 billion by 2032, to grow at a CAGR of 33.5% during the forecast period.

Polaris Market Research has recently published its latest analysis on User and Entity Behavior Analytics Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2032. The study has been meticulously prepared to provide readers with comprehensive market intelligence and practical insights into the market's key elements. It offers a thorough analysis of the major factors impacting the industry's projected growth. To precisely ascertain the User and Entity Behavior Analytics Market size and scope, a thorough analysis of the geographic regions and segments is included.

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Growth is anticipated to be fueled by emerging industry trends, including the adoption of remote and hybrid work cultures, the utilization of personal devices to access private networks, and the use of unsecured platforms for sharing sensitive information. Moreover, the increased use of connected devices in sectors like IT & telecom, BFSI, and healthcare is generating demand for advanced user and entity behavior analytics (UEBA) solutions to mitigate vulnerabilities, detect anomalous activities, and prevent potential attacks. As a result, these factors are expected to drive the market demand for user and entity behavior analytics in the forecast period.

UEBA leverages advanced algorithms, artificial intelligence (AI), and machine learning (ML) technologies to gather insights from users' typical interactions with network systems, servers, and endpoint devices. By analyzing this information, UEBA enables cybersecurity teams to identify and proactively mitigate potential threats, malicious activities, and anomalous behavior within organizational infrastructure. These factors are expected to play a pivotal role in driving the growth of the user and entity behavior analytics industry in the forecast period.

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Increasing adoption of advanced technologies such as IoT, AI, web applications, and connected devices across industries like IT and Telecommunication, BFSI, & healthcare, has created potential vulnerabilities for attackers to exploit within complex organizational networks. Effectively identifying and detecting the source of cyberattacks can be a daunting challenge for security teams without a robust threat identification and prevention mechanism in place. UEBA plays a crucial role in this regard by swiftly detecting and alerting security teams to unusual behavioral patterns within seconds. As a result, the user and entity behavior analytics industry are gaining significant traction in the cybersecurity sector.

User and Entity Behavior Analytics Market Report Highlights

Solution segment grown at the fastest rate, owing to rise offerings by the key players and launch of innovative services

Cloud segment will grow at the fastest rate, due to rise in cloud-based deployment among small and medium enterprises

North America held the largest share, owing to presence of innovation companies and high adoption rate

Asia Pacific projected to grow at significant rate, due to growing usage of connected devices, rising cases of cyber-frauds, and un-secured private networks

Some of the major players operating in the global market include

Check Point Software
Cisco
Cynet
Exabeam
Fortinet
IBM Corporation
LogRhytm
Lookout
McAfee
Microsoft Corporation
Palo Alto Networks
Rapid7
Sophos Group
Splunk
Varonis
VMWare

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Polaris Market Research has segmented the user and entity behavior analytics market report based on component, deployment, enterprise size, and vertical:

User and Entity Behavior Analytics, Component Outlook (Revenue - USD Billion, 2023 - 2032)

Solution
Services

User and Entity Behavior Analytics, Deployment Outlook (Revenue - USD Billion, 2023 - 2032)

On-premise
Cloud

User and Entity Behavior Analytics, Enterprise Size Outlook (Revenue - USD Billion, 2023 - 2032)

Large Enterprise
Small & Medium Enterprises

User and Entity Behavior Analytics, Vertical Outlook (Revenue - USD Billion, 2023 - 2032)

BFSI
IT And Telecom
Retail & E-commerce
Healthcare
Manufacturing
Government
Education
Others

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