Security Analytics Market 2022
These days, managed security service providers (MSSPs) are being hired by several organizations for undertaking security monitoring, so as to do away with limitations on the part of in-house staff. Plus, organizations that need custom security deployments due to extra-expansive architecture get majorly benefitted through these security services. The status quo is expected to remain the same throughout.
The global security analytics market reached a valuation of close to US$ 8.7 Bn in 2020, and is anticipated to exhibit a high CAGR of 20.2% over the next ten years.
Request for Free Sample Report of “Security Analytics” Market @ https://www.persistencemarketresearch.com/samples/32394
The Security Analytics Market is expected to grow the “speedy spectrum” way in the next 10 years. 5G is accompanying IoT. It is expected to drive the manufacturing vertical and the HD cameras helping in improving traffic management and safety, along with enabling smart grid control and smart retail. This would be the situation brought about by the ICT vertical on the whole.
Security analytics use machine learning and big data analytics to collect, categorize, and analyze data gathered from network devices to detect advanced threats. Increase in the number of data breaches, cyber-attacks, and cyber exploits have resulted in increasing demand for security analytics solutions.
Increasing number of small- and medium-sized enterprises across the globe have resulted in the growing start-up culture, which has led to the adoption of the BYOD culture by companies, eliminating initial infrastructure expenses. This has further increased concerns regarding the security of organizations. Integration of such concepts is attracting cyber-threats and puts corporate data at risk. Therefore, most of organizations are adopting security analytics to protect their confidential data.
Key Players:
The report has profiled some of the Important players prevalent in the global like – IBM Corporation, Cisco Systems, Inc., Hewlett Packard Enterprise, Broadcom Inc., Sumo Logic, Inc., SecureWorks Corp., Juniper Networks, FireEye, Inc., Securonix, Gurucul, Alert Logic, LogRhythm, Exabeam, Haystax, Assuria Ltd. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Security Analytics.
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/32394
Key Takeaways from Market Study
- Demand for security analytics services is estimated to surge. However, security analytics software is estimated to continue to hold significant market share through 2031.
- The retail sector is expected to emerge as a high-growth market. However, BFSI is estimated to dominate market share through 2031.
- By application, network security is currently leading the market. Although, demand for cloud security is likely to expand at a robust CAGR of 23.6% through 2031.
- By enterprise size, large enterprises are estimated to hold substantial market share; however, demand from SMEs is expected to expand faster at a CAGR of 21.3% throughout the next ten years.
- The North America market is expected to register high CAGR owing to growing demand for security analytics solutions from small & medium enterprises across the region.
“Security analytics is the process of gathering, categorizing, and analyzing data collected from network devices and detect advanced threats. Security analytics solutions speed the detection and response to cyber threats. Fast detection and response can help IT prevent or lessen the damage that a breach causes,” says a Persistence Market Research analyst.
Key Stakeholders
Security Analytics Market Manufacturers
Security Analytics Market Distributors/Traders/Wholesalers
Security Analytics Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
Click Here to Buy this Report@ https://www.persistencemarketresearch.com/checkout/32394
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353