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.
The global user and entity behavior analytics market accounted for USD 460.1 Million in 2020 570.5 Million by 2028, growing at a CAGR of more than 42.3% from 2021 to 2028.
UEBA (User and Entity Behavior Analytics), is a kind of cyber security process which take notes of the normal pattern of a user. It detects any anomalous pattern or instance when there are variations from the “normal” instances. For instance, a user downloads 15 MB of files every day but unexpectedly downloads terabytes of files, the system will detect this anomaly and will immediately alert them.
COVID-19 Impact Analysis
The outbreak of COVID-19 will impact has forced many sectors to operate online which increases the threat of cyber security and hence increases the demand for UEBA. The growth in this market is expected to boom in the coming years due to growing digital presence.
The demand for UEBA is anticipated to rise at a quick rate due to increasing volume of a huge investment in threat prevention technologies and data breaches. With the increasing demand for advanced technology and solution for security, entities are investing heavily in threat/attack detection analytical solution to uncover security risks that criminals may exploit, this is growing the demand for UEBA solutions market. This solution helps entities covering data exfiltration, security management, insider threats, and identity & access management. The factors restraining the growth of UEBA market include lack of knowledge regarding advanced insider threats and scarcity of trained security professionals.
UEBA is coming out as a promising solution to an extensive cyber fraud and threats. These solution vendors have concentrated on assuring that packaged analytics and algorithms are robust, along with improving framework systems.
Report Scope :
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Deployment Segment Analysis Preview
On premise segment held a share of around 30% in 2020. Business operations in On premise are carried out on the server of the user’s company’s site with a server. In recent years, companies have shifted from on premise to cloud deployment as it can highly support and scale unlimited cameras and it also provides real time data to ensure you have the knowledge of ongoing activities. Introducing User and entity behavior analytics into your environment broaden your safety perimeter which includes monitoring activities for cloud providers, closed networks, users, and endpoint devices that are wired and smart.
End-Use Segment Analysis Preview
Financial services & insurance segment is projected to grow at a CAGR of over 35% from 2021 to 2028. The rising number of clients in insurance & banking and finance sector are growing the risk of cyber-crimes and thus, the UEBA is mainly used by these sectors as it allows user to have an easy access to deposit and payments services; this also manages the threats at the same as it informs about the fraudulent transaction.
Regional Analysis Preview
North America accounted for a share of around 40% in 2020. Enterprises and government in majorly the U.S. and Canada has invested heavily on deployment of user and entity behavior analytics system. Rapid technological development and developed economy is helping the growth in this market.
Asia Pacific is projected to grow at a CAGR of over 42% during the forecast period. Countries like China and India is investing in security surveillance system for the safety of the residents. Middle East and Africa are actively improving their surveillance systems and is expected to grow in future due to a large funding by government into technologies such as AI, 5G, cloud, IoT, networking and others.
Key Market Players & Competitive Landscape
Some of key players in user and entity behavior analytics market are Bay Dynamics, Exabeam, Inc., Dtex Systems, Gurucul, Niara, Inc., Securonix, Rapid7, Splunk, Inc., Varonis Systems, Inc., and Sqrrl Data, Inc., among others.
The global user and entity behavior analytics market is segmented as follows:
By End Use
This report is based on in-depth qualitative and quantitative analyses of the global User and Entity Behavior Analytics market. Zion Research has collected and analyzed key data belong to the global User and Entity Behavior Analytics market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of User and Entity Behavior Analytics across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the User and Entity Behavior Analytics industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the User and Entity Behavior Analytics market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
UEBA represents an opportunity for organizations to go on the offense with Insider Threats. Taking a user-centric approach that incorporates a risk score based on identity, organizational role, multi-dimensional UEBA (including associated endpoints, applications accessed, login patterns and cloud applications visited) and value of associated assets accessed, delivers a solid foundation for the proactive prevention of Insider Threats. And having the ability to automatically respond to suspicious activity in real-time can not only help an overstretched security team increase their efficiency but it can stop a real threat from accessing the network and potentially causing real harm to the business.
Introduction of the advanced behavioral firewall offers a complete solution that represents a holistic, deeply contextual effort aimed at identifying user and entity behavioral threats and implementing immediate, automated responses to stop threats before they take a foothold in the organization.
Global user and entity behavior analytic (UEBA) market are primarily driven by huge investments made in threat prevention technologies. In addition, shortage of trained security professionals and growing volumes of data breaches expected to ignite user and entity behavior analytic demand in near future. Furthermore, increasing demand for real-time analytics is predicted to favor UEBA market growth in the analysis period. On a contrary, lack of information about advanced insider threats is expected to limit UEBA market growth. Nonetheless, the user-centric approach may disclose new avenues for user and entity behavior analytic market in the near future.
Based on the type, global user and entity behavior analytic market are bifurcated into solution and services. Solution segment is further categorized into insider threats, compromised credentials, data loss prevention, data loss prevention and others. Service segment is further bifurcated into implementation and ongoing optimization. In 2016, the solution segment held the largest market share in UEBA market. On premises and cloud is the deployment segment of UEBA market. IT & telecom, energy & utility, financial services & insurance, retail & e- commerce, healthcare, defense & government and others are the verticals segment of user and entity behavior analytic market
North America and Europe emerged as dominating regional markets for user and entity behavior analytic in 2016. The growth of these regions is mainly attributed to high demand for real time analytics paired with growing volumes of data breaches. U.S. and Western Europe will be opportunist region for UEBA market. Asia Pacific and Latin America are expected to witness substantial growth owing to the shortage of trained security professionals and increasing demand from BFSI sectors.
Some of the key players in the user and entity behavior analytic market are Securonix, Gurucul, Niara, Inc, Sqrrl Data, Inc, Dtex Systems, Varonis Systems, Inc, Bay Dynamics. Exabeam, Inc, and Rapid7 amongst others.
The global user and entity behavior analytics market was valued at USD 460.1 Million in 2020.
The global user and entity behavior analytics market is expected to reach USD 7,570.5 Million by 2028, growing at a CAGR of 42.3% between 2021 to 2028.
Some of the key factors driving the global user and entity behavior analytics market growth are heavy investment of public and private corporations in video surveillance systems, awareness of benefits from real time surveillance videos.
North America region held a substantial share of the user and entity behavior analytics market in 2020.The U.S. government is investing heavily in the technology. Asia Pacific region is projected to grow at a significant rate owing to the rising demand for user and entity behavior analytics in developing economies such as China and India.
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