Global Security Analytics Market 2023-2027

Global Security Analytics Market 2023-2027

The security analytics market is forecasted to grow by USD 6,512.26 mn during 2022-2027, accelerating at a CAGR of 10.15% during the forecast period. The report on the security analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing cyber threats, growing adoption of cloud and IoT, and stringent data protection regulations.

Technavio's security analytics market is segmented as below:

By Sector

• Large enterprises
• Small
• medium-sized enterprises

By Application

• Network security analytics
• Web security analytics
• End point security analytics
• Application security analytics
• Others

By Geography

• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the adoption of artificial intelligence and machine learning as one of the prime reasons driving the security analytics market growth during the next few years. Also, increased adoption of cloud-native solutions and user and entity behavior analytics (UEBA) will lead to sizable demand in the market.

The report on the security analytics market covers the following areas:

• Security analytics market sizing
• Security analytics market forecast
• Security analytics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading security analytics market vendors that include Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., Exabeam Inc., Forcepoint LLC, Fortinet Inc., Fortra LLC, GURUCUL, Haystax, Hewlett Packard Enterprise Co., International Business Machines Corp., Juniper Networks Inc., LogRhythm Inc., McAfee LLC, Musarubra US LLC, Palo Alto Networks Inc., Rapid7 Inc., Securonix Inc., Sumo Logic Inc., and Tier 3 Pty Ltd. Also, the security analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.