Security Analytics Market 2024-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects | BRIDGEi2i, Capgemini SE

Cloud computing and the Internet of Things (IoT) are regarded as important market trends, and the emergence of the novel coronavirus is anticipated to further accelerate market expansion. For example, to address cyber threats, market participants are providing enhanced security solutions. For example, in November 2019, IBM Corporation partnered with TruSTAR Technology, a San Francisco, California-based LLC, to offer Enterprise Intelligent Management Solutions. Currently, these companies together are providing the X-Force IRIS COVID-19 threat intelligence enclave, which includes X-Force IRIS intelligence. Collaborations and partnerships among market participants are expected to enhance the adoption of analytics solutions. Additionally, due to the total digital transformation, there is a growing demand for sectors to implement strong security services, which are expected to enhance the revenue generation of analytics-focused security platforms.

The Security Analytics Market is Valued USD 17.7 billion in 2024 and projected to reach USD 71.1 billion by 2032, growing at a CAGR of 16.7% During the Forecast period of 2024-2032.

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Major Players in Security Analytics Markets are:
BRIDGEi2i, Fortinet, Inc., Capgemini SE, Fidelity National Information Services Inc (FIS), Moodys Analytics Inc., McAfee, LLC, Oracle Corporation, Risk Edge Solutions, SAS Institute Inc., IBM, Oracle, SAP, SAS Institute, Moody's Corporation, FIS, Verisk Analytics, Inc., AxiomSL, Inc., Gurucul, Provenir, Recorded Future, Inc., DataFactZ, Digital Fineprint among others.

Industry News:

In August 2024, Fortinet, Inc., a prominent cybersecurity company, announced that it had acquired Next DLP, a company that operates in insider risk and data protection. The strategic move is expected to strengthen Fortinet's position in the integrated DLP and standalone enterprise data loss prevention (DLP) market.

In January 2024, McAfee, LLC, a key participant in the online protection industry, unveiled its latest innovation, 'Project Mockingbird. ' This advanced AI-detection capability can assist businesses and individuals in detecting maliciously altered audio in videos. McAfee has provided AI-equipped a combination of behavioral, categorical, and contextual detection models to address growing concerns regarding deep fakes.

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Global Security Analytics Market Segmentation:

By Component
Solutions
Services
Professional Services
Consulting
Support and Maintenance
Training and Education
Managed Services

By Application
Web Security Analytics
Network Security Analytics
Endpoint Security Analytics
Application Security Analytics

By Deployment Mode
Cloud
On-Premises

By Vertical
Government and Defense
Banking, Financial Services, and Insurance (BFSI)
Consumer Goods and Retail
IT and Telecom
Healthcare
Energy and Utilities
Manufacturing
Government and Public sector
Manufacturing

By Organization Size
Large Enterprises
Small & Medium-Sized Enterprises

The following areas and countries are covered in the worldwide Security Analytics Market file:

North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)

North America is estimated to hold a major market share primarily due to substantial adoption and penetration of solutions in the U.S. and Canada. Rapid adoption of e-commerce, social media, and advanced technologies such as AI and IoT has widened the platform for cyber threats due to the generation of heaps of data. This, therefore, drives the need for advanced threat intelligence solutions across the region. The federal governments in the region are also taking initiatives to incentivize cyber-security investments across the region, which is likely to fuel the global market growth.

Detailed industry forecast-Brief Introduction to the research report:

Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation

Know more about this report:
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Key Features of the Security Analytics Market Report: -

Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

Examine the market opportunities for stakeholders by identifying higher growth sections.

To study and analyze the global Security Analytics Market industry status and forecast including key regions.

An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

It helps you make strategic business decisions and investment plans.
Finally, Security Analytics Market is a valuable source of guidance for individuals and companies.

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