Knowledge Sourcing Intelligence announces the publication of a new analysis report on the “Security Analytics Market” - Forecast from 2019 to 2026”.
The prime factor driving the growth of the security Analytics market is increasing demand for analytics. Demand for analytics is showing tremendous growth in the present market. The multiple benefits of security analytics solutions such as analyze digital data, derive meaningful insights, convert raw data into statistics, pre-detect threats, leverage big data analytics, prevent cyber-attacks, etc. Also drives the growth of security analytics market.
As per the report, the Security Analytics Market is projected to grow at a CAGR of 33.65% to reach US$22.705 billion by 2026, from US$2.981 billion in 2019.
Security analytics is a form of method or tool, which is helpful in all industries and enterprises. Security analytics system helps to identify and rank threats according to priority, plan appropriate responses and launch them against threats. Security infrastructure and system is now a days a must in all industries and enterprises. Security analytic services are mainly employed in a company or sector for the real-time monitoring of servers and to consolidate and coordinate diverse event data from an application, endpoints, network traffic, and network logs. The rising number of cyber attacks is also pushing the companies to rely on security analytics services.
Based on the types of applications, security analytics solutions and services are employed in areas such as Web Security Analytics, Network Security Analytics, Endpoint Security Analytics, Application Security Analytics and Others. This segmentation of the security analytics market shows the growth of security analytics market as a whole in the range of global market.
Based on the types services and solutions offered security analytics systems, the market of security analytics again segmented in to two. Managed services and professional services are the major services that are offered by security analytics systems. The security analytics solutions are utilized for solving the company and industrial threats. Its also employed in serving professional services.
Based on type of deployment method, security analytics is segmented into two. The storage space of security solutions is classified into two like storing on-premise and on cloud.
Based on organization size the security analytics market is segmented in small, medium and large.
Based on sections and vertical the market is segmented into Retail, Government and Defense, Banking, Financial Services, and Insurance (BFSI), Energy and Power, Communication and Technology, Healthcare, Education, Manufacturing, Others.
As a part of the report, the major players operating in the security analytics market, that have been covered are LogRhythm, Inc., ARBOR NETWORKS, INC., Norton LifeLock Inc., Hewlett-Packard Enterprise Development LP, IBM Corporation, Cisco Systems, Inc., RSA Security.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/security-analytics-market
This analytics report segments the security analytics market on the following basis