The latest report by IMARC Group, titled “Security Analytics Market Report by Component (Solutions, Services), Application (Application Security Analytics, Web Security Analytics, Endpoint Security Analytics, Network Security Analytics, and Others), Deployment Mode (Cloud-based, On-premises), Organization Size (Small and Medium Enterprises, Large Enterprises), Vertical (BFSI, Healthcare, Manufacturing, Consumer Goods and Retail, IT and Telecom, Government and Defense, and Others), and Region 2024-2032“, The global security analytics market size reached US$ 5.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.3 Billion by 2032, exhibiting a growth rate (CAGR) of 11.2% during 2024-2032.

Security analytics is the process of gathering and analyzing data to identify security threats and keep track of security measures. It involves collecting information from different sources like network traffic, user behavior, and cloud resources. By using a range of techniques, including big data analytics and machine learning, security analytics helps organizations stay informed about potential attacks in real-time. The main goal is to safeguard the digital assets of a company and address advanced security risks effectively. It also provides valuable insights through data mining and threat detection algorithms, such as geolocation details and IP context. Security analytics is widely used in sectors like defense, IT, and banking to monitor network activity and incorporate external threat intelligence sources.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/security-analytics-market/requestsample

Security Analytics Market Trends and Drivers:

The global market for security analytics is mainly influenced by the increasing number of cyber threats and security breaches. Moreover, the corporate sector has been increasingly adopting security analytics to detect patterns and prioritize threats related to networks, enabling companies to obtain valuable insights for preventing data breaches and future unauthorized access. Security analytics are crucial for recognizing threat patterns and providing insights to prevent data loss and strengthen network infrastructure. The combination of big data analytics and security intelligence in various organizations has accelerated market growth. The adoption of cloud-based platforms, which require security analytics to improve scalability, network security, and web-based management speed, is also driving market expansion. Additionally, the introduction of advanced security products by major players, such as deep packet analysis for effective malware detection, next-generation firewalls, anti-malware gateways, Intrusion Prevention Systems (IPS), and endpoint security applications that comply with regulations, is a significant growth factor. Furthermore, technological advancements like machine learning (ML) and artificial intelligence (AI) in security analytics tools enable security teams to proactively identify abnormal user behavior and IT system vulnerabilities, contributing to market growth. Other factors, such as prioritizing network threats with actionable intelligence, government and defense organizations' substantial investments, and a growing emphasis on regulatory compliance, are also expected to further boost the market.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Component:

  • Solutions
  • Services
    • Professional Services
    • Managed Services

Breakup by Application:

  • Application Security Analytics
  • Web Security Analytics
  • Endpoint Security Analytics
  • Network Security Analytics
  • Others

Breakup by Deployment Mode:

  • Cloud-based
  • On-premises

Breakup by Organization Size:

  • Small and Medium Enterprises
  • Large Enterprises

Breakup by Vertical:

  • BFSI
  • Healthcare
  • Manufacturing
  • Consumer Goods and Retail
  • IT and Telecom
  • Government and Defense
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Alert Logic Inc. (Welsh, Carson, Anderson & Stowe)
  • Alienvault Inc. (AT&T Cybersecurity)
  • Arbor Networks Inc. (NETSCOUT Systems, Inc.)
  • Cisco Systems Inc.
  • Fortinet Inc.
  • Hewlett Packard Enterprise Development LP
  • International Business Machines Corporation
  • LogRhythm Inc. (Thoma Bravo, LLC)
  • McAfee LLC (TPG Capital & Intel Corporation)
  • RSA Security LLC. (Dell Technologies Inc.) and Splunk Inc.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163