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Behavior Analytics Market Share
- Report ID: GMI2133
- Published Date: Oct 2017
- Report Format: PDF
Behavior Analytics Market Share
Companies operating in the market:
- IBM Corporation
- Splunk Inc
- HP Enterprises
- Dtex Systems
- LogRhythm
- Rapid7 Balabit Corp
- Bay Dynamics
- Bottomline Technology
- Cynet Security Ltd
- E8 Securtiy
- Exabeam
- Fortscale
- Gurucul
- McAfee
- Interset
The market players adopt various marketing strategies such as mergers and acquisitions, strategic alliance, new product launch, and geographical expansion to get edge over competitors.
Frequently Asked Questions (FAQ) :
The market size of behavior analytics was surpassed USD 200 million in 2016.
The industry share of behavior analytics is expected to grow at more than 40% CAGR between 2017 and 2024.
The on-premise deployment model is estimated to account for a major chunk of the overall market landscape due to growing threat from insider attacks throughout the world.
Banks and insurance companies are significantly more vulnerable to the threat of cyberattack as they hold sensitive information and any data breaches lead directly to financial losses. Going forward, the BFSI sector is expected to be a leading end-user market due to the high cybersecurity risk it faces.
The United States dominates the global market due to the presence of renowned industry players like IBM and Splunk. The extremely high internet adoption rate coupled with the rapidly growing demographic of mobile phones are expected to make significant contribution towards industry expansion.
Behavior Analytics Market Scope
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