Security Analytics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Security Analytics Market
The security analytics market size was valued at USD 5.05 billion in 2019, and the market is now projected to grow to USD 28.55 billion by 2027, exhibiting a CAGR of 24.3% during the forecast period of 2020-2027.
COVID- 19 pandemic has extremely affected the complete world. It affected many unexpected disruption and affected the industry. The pandemic caused in declined demand due to a disturbed supply chain, drop in sales of products, delivery lists. Travel bans imposed affected business relationship and partnership.
Cyber security involves an intelligent and integrated analytics platform that can automate scanning and speed up the procedure of analyzing digital data and workload patterns. The analytics-driven platform permits data scientists to develop meaningful insights, adapt the data into intelligent statistics, and pre-detect the danger risks. Leveraging big data analytics, deep learning, Artificial Intelligence (AI), and edge analytics makes the intelligent statistics procedure more effective. Incorporation of such progressive analytics technologies is likely to permit automated analysis of data. This would comprise data sources across numerous dimensions and create deep insights such as proactive identification, risk factors, and user-behavior, among others. These features ensure to motivate the security analytics market growth in the upcoming years.
The proliferation of IoT, connected network devices, and cloud computing has formed substantial number of vulnerabilities and cyber-crimes. Declining cost of hardware, software, and other internet services combined with complex bandwidth sizes have permitted companies to position internet connections across the organization. As a result, businesses have become more dependent on data centers and cloud computing for data storing. These movements have contributed to the rapid alteration of the security and threat intelligence services presented by firms.
Comprehensive Analysis of Security Analytics Market
The market can be segmented in various ways, depending on the focus of analysis such as by component, by service, by vertical and by application. Based on component, the market is classified into solutions and services. Based on component, the market is classified into the cloud and on-premise. Based on service market is bifurcated into professional and managed services. By application, the market has been classified into network security, web security, endpoint security, and application security analytics. Based on vertical, the market has been classified into Banking, Financial Services, and Insurance (BFSI), government and defense, IT and telecommunication, manufacturing, healthcare, energy and utilities, and others.
North America region is dominating the security analytics market share due to significant implementation and penetration of results.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Broadcom, Inc., Cisco Systems, Inc., FireEye, Inc., Fortinet, Inc., Hewlett Packard Enterprise Development LP, Huntsman Security, IBM Corporation, McAfee, LLC, Rapid7, Inc., RSA Security LLC, Splunk, Inc. these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In February 2020, RSA Security LLC released a new version of the RSA NetWitness Platform. The innovative version comprises functional updates for automated response & network finding, threat intellect, and user and entity behaviour analytics.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016 - 2027
Base Year 2019
Forecast Period 2020 - 2027
Historical Period 2016 - 2018
Unit Value (USD billion)
SegmentationBy Component
Solutions
Cloud
On-Premise
Services
Professional Services
Consulting
Training and Education
Support and Maintenance
Managed Services
By Application
Network Security
Web Security
Endpoint Security
Application Security
By Vertical
Banking, financial services and insurance
Government and Defense
IT and Telecommunication
Manufacturing
Healthcare
Energy and Utilities
Others (Retail, Education, and Transportation)
By Region
North America (the U.S. and Canada)
Europe (the U.K., Germany, France, Russia, and Rest of Europe)
Asia-Pacific (Japan, China, India, Southeast Asia, and Rest of Asia-Pacific)
Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
Latin America (Brazil, Mexico, and Rest of Latin America)
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Drivers, Restraints and Opportunities
- 3.2. Emerging Trends
- 4. Key Insights
- 4.1. Macro and Micro Economic Indicators
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Porter’s Five Forces Analysis
- 4.4. COVID-19 Impact Analysis
- 5. Global Security Analytics Market Analysis, Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecasts
- 5.2.1. By Component (Value)
- 5.2.1.1. Solutions
- 5.2.1.1.1. Cloud
- 5.2.1.1.2. On-Premise
- 5.2.1.2. Services
- 5.2.1.2.1. Professional Services
- 5.2.1.2.1.1. Consulting
- 5.2.1.2.1.2. Training and Education
- 5.2.1.2.1.3. Support and Maintenance
- 5.2.1.2.2. Managed Services
- 5.2.2. By Application (Value)
- 5.2.2.1. Network Security Analytics
- 5.2.2.2. Web Security Analytics
- 5.2.2.3. Endpoint Security Analytics
- 5.2.2.4. Application Security Analytics
- 5.2.3. By Vertical (Value)
- 5.2.3.1. Banking, financial services and insurance
- 5.2.3.2. Government and Defence
- 5.2.3.3. IT and Telecommunication
- 5.2.3.4. Manufacturing
- 5.2.3.5. Healthcare
- 5.2.3.6. Energy and Utilities
- 5.2.3.7. Others (Retail, Education, and Transportation)
- 5.2.4. By Geography (Value)
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. Middle East and Africa
- 5.2.4.5. Latin America
- 6. North America Security Analytics Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Market Size Estimates and Forecasts
- 6.1.1. By Component (Value)
- 6.1.1.1. Solutions
- 6.1.1.1.1. Cloud
- 6.1.1.1.2. On-Premise
- 6.1.1.2. Services
- 6.1.1.2.1. Professional Services
- 6.1.1.2.1.1. Consulting
- 6.1.1.2.1.2. Training and Education
- 6.1.1.2.1.3. Support and Maintenance
- 6.1.1.2.2. Managed Services
- 6.1.2. By Application (Value)
- 6.1.2.1. Network Security Analytics
- 6.1.2.2. Web Security Analytics
- 6.1.2.3. Endpoint Security Analytics
- 6.1.2.4. Application Security Analytics
- 6.1.3. By Vertical (Value)
- 6.1.3.1. Banking, financial services and insurance
- 6.1.3.2. Government and Defence
- 6.1.3.3. IT and Telecommunication
- 6.1.3.4. Manufacturing
- 6.1.3.5. Healthcare
- 6.1.3.6. Energy and Utilities
- 6.1.3.7. Others (Retail, Education, and Transportation)
- 6.1.4. By Country (Value)
- 6.1.4.1. U.S.
- 6.1.4.2. Canada
- 7. Europe Security Analytics Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Market Size Estimates and Forecasts
- 7.1.1. By Component (Value)
- 7.1.1.1. Solutions
- 7.1.1.1.1. Cloud
- 7.1.1.1.2. On-Premise
- 7.1.1.2. Services
- 7.1.1.2.1. Professional Services
- 7.1.1.2.1.1. Consulting
- 7.1.1.2.1.2. Training and Education
- 7.1.1.2.1.3. Support and Maintenance
- 7.1.1.2.2. Managed Services
- 7.1.2. By Application (Value)
- 7.1.2.1. Network Security Analytics
- 7.1.2.2. Web Security Analytics
- 7.1.2.3. Endpoint Security Analytics
- 7.1.2.4. Application Security Analytics
- 7.1.3. By Vertical (Value)
- 7.1.3.1. Banking, financial services and insurance
- 7.1.3.2. Government and Defence
- 7.1.3.3. IT and Telecommunication
- 7.1.3.4. Manufacturing
- 7.1.3.5. Healthcare
- 7.1.3.6. Energy and Utilities
- 7.1.3.7. Others (Retail, Education, and Transportation)
- 7.1.4. By Country (Value)
- 7.1.4.1. U.K.
- 7.1.4.2. Germany
- 7.1.4.3. France
- 7.1.4.4. Russia
- 7.1.4.5. Rest of Europe
- 8. Asia Pacific Security Analytics Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Market Size Estimates and Forecasts
- 8.1.1. By Component (Value)
- 8.1.1.1. Solutions
- 8.1.1.1.1. Cloud
- 8.1.1.1.2. On-Premise
- 8.1.1.2. Services
- 8.1.1.2.1. Professional Services
- 8.1.1.2.1.1. Consulting
- 8.1.1.2.1.2. Training and Education
- 8.1.1.2.1.3. Support and Maintenance
- 8.1.1.2.2. Managed Services
- 8.1.2. By Application (Value)
- 8.1.2.1. Network Security Analytics
- 8.1.2.2. Web Security Analytics
- 8.1.2.3. Endpoint Security Analytics
- 8.1.2.4. Application Security Analytics
- 8.1.3. By Vertical (Value)
- 8.1.3.1. Banking, financial services and insurance
- 8.1.3.2. Government and Defence
- 8.1.3.3. IT and Telecommunication
- 8.1.3.4. Manufacturing
- 8.1.3.5. Healthcare
- 8.1.3.6. Energy and Utilities
- 8.1.3.7. Others (Retail, Education, and Transportation)
- 8.1.4. By Country (Value)
- 8.1.4.1. China
- 8.1.4.2. Japan
- 8.1.4.3. India
- 8.1.4.4. Southeast Asia
- 8.1.4.5. Rest of APAC
- 9. Middle East and Africa Security Analytics Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Market Size Estimates and Forecasts
- 9.1.1. By Component (Value)
- 9.1.1.1. Solutions
- 9.1.1.1.1. Cloud
- 9.1.1.1.2. On-Premise
- 9.1.1.2. Services
- 9.1.1.2.1. Professional Services
- 9.1.1.2.1.1. Consulting
- 9.1.1.2.1.2. Training and Education
- 9.1.1.2.1.3. Support and Maintenance
- 9.1.1.2.2. Managed Services
- 9.1.2. By Application (Value)
- 9.1.2.1. Network Security Analytics
- 9.1.2.2. Web Security Analytics
- 9.1.2.3. Endpoint Security Analytics
- 9.1.2.4. Application Security Analytics
- 9.1.3. By Vertical (Value)
- 9.1.3.1. Banking, financial services and insurance
- 9.1.3.2. Government and Defence
- 9.1.3.3. IT and Telecommunication
- 9.1.3.4. Manufacturing
- 9.1.3.5. Healthcare
- 9.1.3.6. Energy and Utilities
- 9.1.3.7. Others (Retail, Education, and Transportation)
- 9.1.4. By Country (Value)
- 9.1.4.1. GCC
- 9.1.4.2. South Africa
- 9.1.4.3. Rest of MEA
- 10. Latin America Security Analytics Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Market Size Estimates and Forecasts
- 10.1.1. By Component (Value)
- 10.1.1.1. Solutions
- 10.1.1.1.1. Cloud
- 10.1.1.1.2. On-Premise
- 10.1.1.2. Services
- 10.1.1.2.1. Professional Services
- 10.1.1.2.1.1. Consulting
- 10.1.1.2.1.2. Training and Education
- 10.1.1.2.1.3. Support and Maintenance
- 10.1.1.2.2. Managed Services
- 10.1.2. By Application (Value)
- 10.1.2.1. Network Security Analytics
- 10.1.2.2. Web Security Analytics
- 10.1.2.3. Endpoint Security Analytics
- 10.1.2.4. Application Security Analytics
- 10.1.3. By Vertical (Value)
- 10.1.3.1. Banking, financial services and insurance
- 10.1.3.2. Government and Defence
- 10.1.3.3. IT and Telecommunication
- 10.1.3.4. Manufacturing
- 10.1.3.5. Healthcare
- 10.1.3.6. Energy and Utilities
- 10.1.3.7. Others (Retail, Education, and Transportation)
- 10.1.4. By Country (Value)
- 10.1.4.1. Brazil
- 10.1.4.2. Mexico
- 10.1.4.3. Rest of LATAM
- 11. Competition Matrix
- 11.1. Business Strategies Adopted By Leading Players
- 12. Global Security Analytics Market Revenue Share Analysis, 2019
- 13. Company Profile
- 13.1. Cisco Systems, Inc.
- 13.1.1. Overview
- 13.1.2. Description
- 13.1.3. Product Portfolio
- 13.1.4. Financials (Data as available in public domain and/or on paid databases)
- 13.1.5. Recent Developments
- 13.2. Broadcom, Inc.
- 13.2.1. Overview
- 13.2.2. Description
- 13.2.3. Product Portfolio
- 13.2.4. Financials (Data as available in public domain and/or on paid databases)
- 13.2.5. Recent Developments
- 13.3. Cisco Systems, Inc.
- 13.3.1. Overview
- 13.3.2. Description
- 13.3.3. Product Portfolio
- 13.3.4. Financials (Data as available in public domain and/or on paid databases)
- 13.3.5. Recent Developments
- 13.4. FireEye, Inc.
- 13.4.1. Overview
- 13.4.2. Description
- 13.4.3. Product Portfolio
- 13.4.4. Financials (Data as available in public domain and/or on paid databases)
- 13.4.5. Recent Developments
- 13.5. Fortinet, Inc.
- 13.5.1. Overview
- 13.5.2. Description
- 13.5.3. Product Portfolio
- 13.5.4. Financials (Data as available in public domain and/or on paid databases)
- 13.5.5. Recent Developments
- 13.6. Hewlett Packard Enterprise Development LP
- 13.6.1. Overview
- 13.6.2. Description
- 13.6.3. Product Portfolio
- 13.6.4. Financials (Data as available in public domain and/or on paid databases)
- 13.6.5. Recent Developments
- 13.7. Huntsman Security
- 13.7.1. Overview
- 13.7.2. Description
- 13.7.3. Product Portfolio
- 13.7.4. Financials (Data as available in public domain and/or on paid databases)
- 13.7.5. Recent Developments
- 13.8. IBM Corporation
- 13.8.1. Overview
- 13.8.2. Description
- 13.8.3. Product Portfolio
- 13.8.4. Financials (Data as available in public domain and/or on paid databases)
- 13.8.5. Recent Developments
- 13.9. McAfee, LLC
- 13.9.1. Overview
- 13.9.2. Description
- 13.9.3. Product Portfolio
- 13.9.4. Financials (Data as available in public domain and/or on paid databases)
- 13.9.5. Recent Developments
- 13.10. Rapid7, Inc.
- 13.10.1. Overview
- 13.10.2. Description
- 13.10.3. Product Portfolio
- 13.10.4. Financials (Data as available in public domain and/or on paid databases)
- 13.10.5. Recent Developments
- 13.11. RSA Security LLC
- 13.11.1. Overview
- 13.11.2. Description
- 13.11.3. Product Portfolio
- 13.11.4. Financials (Data as available in public domain and/or on paid databases)
- 13.11.5. Recent Developments
- 13.12. Splunk, Inc.
- 13.12.1. Overview
- 13.12.2. Description
- 13.12.3. Product Portfolio
- 13.12.4. Financials (Data as available in public domain and/or on paid databases)
- 13.12.5. Recent Developments
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