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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Behavior Analytics Market to surpass $3.5bn by 2024: Global Market Insights,

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Behavior Analytics Market to surpass $3.5bn by 2024: Global Market Insights,"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Behavior Analytics Market to surpass $3.5bn by 2024: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Technology advancement has bolstered the demand for behavior analytics market solutions among organizations to detect threats even before they occur and to mitigate their impact. Integration of advanced analytics and machine learning algorithms for analyzing user behavior allows automatic analysis enables organizations to link user and entity activity to support security analyst in threat detection and remediation. Besides these, advanced behavior analytics market systems also offer certain benefits over conventional security enterprise systems, such as end to end protection, automated response and access control.behavior analytics market  The healthcare sector has emerged as one of the major end-users of the behavior analytics market and is anticipated to register substantial growth during the forecast timeline. The growing demand for these solutions among healthcare organizations is attributed to the growing threat of insider attacks and data breaches among healthcare institutes, which poses a financial risk. Besides, healthcare institutes are more exposed to the risk of insider attacks owing to the general lack of cybersecurity infrastructure. Key Insights from Behavior Analytics Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Growing adoption of cloud-based behavior analytics market solutions is driving the global revenue, a trend that is expected to resonate across the forecast timeline. Increasing adoption of cloud platform among organizations and improving security measures for this deployment model is one of the key factors that is encouraging the organizations to shift toward cloud platform. Furthermore, advanced cloud-based behavior analytics solutions offer better handling of sensitive data, thereby augmenting the demand of these products among organizations.  Asia Pacific is estimated to register considerable growth with around 45% CAGR during the forecast timeline owing to the increasing internet penetration and growing smartphone adoption as well as demand for mobile applications in the region. Furthermore, increasing digitalization and growing investment in information security in the economies such as China, India and Australia are also estimated to drive the revenue growth. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Behavior Analytics Market @ http://bit.ly/2hnJHfS http://bit.ly/2hnJHfS Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2133 https://www.gminsights.com/request-sample/detail/2133

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Behavior Analytics Market Size, By Deployment, 2016 & 2024 (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Splunk Inc. IBM Corporation Rapid7 LogRhythm Major Companies in Behavior Analytics Market :

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Some of the major vendors of the behavior analytics market solutions are Splunk Inc., IBM Corporation, Rapid7, LogRhythm, etc. Strategic partnerships are one of the most popular strategy used by vendors to gain market share. For example, in September 2017, Bay Dynamics announced that they are forming a strategic alliance with VMware Mobile Security Alliances with the sole purpose of enhancing its product capabilities, which assist enterprises to effectively mitigate mobile threats. Continued...

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