User And Entity Behavior Analytics Market Increasing at A Phenomenal Pace to Reach USD 7,570.5 Million by 2028

29-Apr-2021 | Zion Market Research

Some of the major players in the user and entity behavior analytics market are Varonis Systems, Inc., Rapid7, Niara, Inc., Gurucul, Dtex Systems, Sqrrl Data, Inc., Exabeam, Inc., Bay Dynamics, and Securonix amongst others. These players are said to bolster the global user and entity behavior analytic market in the near future.

According to analysts at Zion Market Research, the global user and entity behavior analytics market accounted for USD 460.1 Million in 2020 and is expected to reach USD 7,570.5 Million by 2028, growing at a CAGR of more than 42.3% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “User and Entity Behavior Analytics Market By Type (Software and Services), By Deployment (Cloud and On Premise), By End-Use (Financial Services & Insurance, Retail & Ecommerce, Energy & Utilities, IT & Telecom, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”

Noteworthy Investments In Threat Prevention Tech To Boost The Development Of Global User And Entity Behaviour Analytic Market

Rising requirement to avoid insider threats caused by consumers coupled with noteworthy investments in threat prevention tech are the two major reasons that are boosting the user and entity behavior analytics market. In addition to this, increasing requirement for advanced solution for security businesses and rising requirement for real-time analytics is supposed to elevate the growth for user and entity behavior analytic market. On the flip side, lack of awareness related to enhanced insider threats is likely to hinder the growth of user and entity behavior analytics market.

Nevertheless, user-centric viewpoint might open up new alluring avenues in the near future for user and entity behavior analytic market. For instance, in November 2017, Alert Logic rolled out managed rule groups for AWS WAF. This was done for offering improved protection against threats for WordPress

US To Boost The Global User And Entity Behavior Analytic Market Due To Rising Demand From BFSI Divisions

North America surfaced as dominating area in user and entity behavior analytic market in 2020 chased by Europe. The development of these areas is mainly credited to high requirement for real time analytics coupled with increasing occurrences of data breaches. The U.S. will be the major developing area for user and entity behavior analytic market due to rising demand from BFSI divisions in years to come. Latin America and Asia Pacific are likely to see considerable development due to the increasing requirement from government & defense sector and lack of trained security professionals. Brazil and China are expected to be major contributing areas for user and entity behavior analytic market.

Browse the full “User And Entity Behavior Analytics Market By Type (Software And Services), By Deployment (Cloud And On Premise), By End-Use (Financial Services & Insurance, Retail & Ecommerce, Energy & Utilities, IT & Telecom, Healthcare, And Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/user-entity-behavior-analytics-market

The global User and Entity Behavior Analytics Market is segmented as follows:

By Type

  • Services
  • Software

By Deployment

  • Cloud
  • On Premise

By End Use

  • Financial Services & Insurance
  • Retail & Ecommerce
  • Energy & Utilities
  • IT & Telecom
  • Healthcare
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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