Security Analytics Market size to reach USD 8 billion by 2023

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Security Analytics Market size with 26 CAGR
expectations over the forecast period to reach
USD 8 billion by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Security Analytics Market

• North America security analytics market is
  estimated to hold the biggest share and dominate
  the industry over the forecast period.
• Asia Pacific region offers potential growth
  opportunities, as large enterprises and small and
  medium-sized business are moving towards security
  analytics suppliers in order to secure against
  potential threats such as zero-day
  vulnerabilities and advanced persistent threat.
• Moreover, the industry is segregated on the basis
  of vertical which comprise of government
  defense, consumer goods retail, BFSI, IT and
  telecom, academic research, transportation,
  energy utilities, healthcare and manufacturing.
  Furthermore, key regional industries include
  North America, Europe, Asia Pacific, Latin
  America and MEA security analytics market.

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• Application Analysis of Security Analytics
  Market
• The industry can be bifurcated on the basis of
  service which includes consulting, training and
  support and managed services. In addition, the
  market is segmented on the basis of deployment
  type which includes on-premises and cloud.
• The industry is further segmented on the basis of
  application which includes network security
  analytics, data and information security
  analytics, application security analytics and
  endpoint security analytics.
• Cloud deployment is the foremost deployment model
  as it offers various benefits to the industry
  such as scalability, 24/7 service, enhanced
  network security and speed. Mainly, small and
  medium-sized businesses have adopted cloud
  technology as it can avoid costs pertaining to
  software, hardware, technical staff and storage.

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Competitive Market Share of Security Analytics
Market

• Chief manufacturers with global security
  analytics market share include EMC RSA, Cisco
  Systems, Inc., Juniper Networks, The
  Hewlett-Packard Company (HP), Arbor Networks,
  Inc., Fireeye, Inc., Logrhythm Inc., Blue Coats
  Systems, Inc., International Business Machines
  Corporation (IBM) and Click Security.

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