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Comprehensive Security Analytics Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034

02-06-2025 02:12 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Security Analytics Market Size

Security Analytics Market Size

What Is the Future Outlook for the Security Analytics Market's Size and Growth Rate?
The security analytics market has seen rapid growth in recent years. It will grow from $17 billion in 2024 to $19.74 billion in 2025, at a CAGR of 16.1%. The growth is attributed to the rise in cyber threats, regulatory compliance requirements, the growth of big data and IoT, data breaches and incidents, the skills gap in cybersecurity, and increased cloud adoption.

The security analytics market is expected to grow rapidly, reaching $35.8 billion by 2029 at a CAGR of 16.1%. This growth is attributed to advancements in AI and machine learning, the adoption of zero-trust architecture, extended detection and response (XDR), IoT security challenges, and cloud security concerns. Major trends include AI and machine learning integration, behavioral analytics, cloud security analytics, and the zero-trust security market.

What Is Stimulating Growth in the Security Analytics Market?
The rising demand for cloud-based solutions is anticipated to drive the growth of the security analytics market. Cloud-based solutions, also referred to as cloud computing, involve hosting and delivering services over the Internet rather than through local servers or personal computers. These solutions are gaining popularity due to their scalability, flexibility, and cost-effectiveness. Security analytics relies on processing vast amounts of data from diverse sources, and cloud-based solutions provide the necessary scalability for effective data management. For example, in April 2024, Eurostat, a Luxembourg-based government agency, reported that 42.5% of EU enterprises utilized cloud computing services in 2023 for email, file storage, and office applications, marking a 4.2 percentage point increase from 2021. Therefore, the growing need for cloud-based solutions is fueling the expansion of the security analytics market.

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Which Key Market Leaders Are Driving Security Analytics Industry Growth?
Major companies operating in the security analytics market are The International Business Machines Corporation, Cisco Systems Inc., Palo Alto Networks Inc., Fortinet, Akamai Technologies, Nortonlock life, F5 Networks Inc., Micro Focus International PLC, Check Point Software Technologies, CrowdStrike, FireEye, RSA Security, Rapid7, Forcepoint, Darktrace, SentinelOne, LogRhythm, Trustwave, Alert Logic Inc., Exabeam, CyberArk, Arbor Networks Inc., Securonix, Splunk, Darktrace Limited

What Are the Emerging Trends in the Security Analytics Industry?
Key players in the security analytics market are investing in advanced technological platforms, such as next-generation XDR and AI-powered solutions, to enhance profitability. The XDR platform offers a broad range of native security sensors to provide extensive protection across multiple layers, including networks, servers, cloud environments, and IoT devices. For example, in June 2023, Trend Micro Inc., a Japan-based IT security firm, launched Trend Vision One, a next-gen XDR (extended detection and response) and AI-driven platform. This solution incorporates AI-powered security operations to improve efficiency, accelerate threat detection and response, and enhance cyber risk management. With its innovative capabilities, Trend Vision One offers a unified approach to detecting, investigating, and responding to security threats, strengthening cyber resilience.

What Are the Main Segments in the Security Analytics Market?
The security analytics market covered in this report is segmented -

1) By Component: Platform, Service, Professional Services
2) By Application: Web Security Analytics, Network Security Analytics, Endpoint Security Analytics, Application Security Analytics, Others Applications
3) By Verticals: Banking, Financial Services, And Insurance (BFSI), Retail And eCommerce, Media And Entertainment, Travel And Hospitality, Telecom And Information Technology, Healthcare, Others Verticals

Subsegments:
1) By Platform: Security Information And Event Management (SIEM), User And Entity Behavior Analytics (UEBA), Security Orchestration, Automation, And Response (SOAR), Threat Intelligence Platforms, Endpoint Detection And Response (EDR)
2) By Service: Managed Security Services, Consulting Services, Integration Services, Support And Maintenance Services
3) By Professional Services: Risk Assessment Services, Incident Response Services, Compliance Management Services, Security Training And Awareness Services

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Which Geographic Area Leads the Security Analytics Market?
North America was the largest region in the security analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Security Analytics Global Market Report?

- Market Size Analysis: Analyze the Security Analytics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Security Analytics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Security Analytics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Security Analytics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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