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Exclusive Report on Security Analytics Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

Security

The “Security Analytics Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Security Analytics market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Security Analytics market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • Global Security Analytics Market was valued at USD 2.92 billion in 2018 and is expected to reach USD 5.4 billion in 2024 with a CAGR of 10.7%, during the forecast period (2019-2024). The rapid growth of the internet has resulted in an exponential increase in the type and frequency of cyber attacks. Although many well-known cybersecurity solutions are utilized to counteract these attacks, the generation of Big Data over computer networks is rapidly rendering these traditional solutions obsolete.
  • The increased pervasiveness of data breaches and the higher volume of impacted records are resulting in far higher costs for organizations of all sizes. According to ISF, an independent and not-for-profit association of leading organizations from around the world, the number, magnitude, and costs of data breaches are all set to continue on their upward trajectories in 2019.
  • While day-to-day cyber threats continue to increase at an exponential rate, CISOs (Chief Information Security Officer) are most concerned over the rise of targeted and advanced malware enabled attacks such as Advanced Persistent Threats (APTs).
  • According to statistics from IBM and Ponemon Institute, the cost of a breach in the United States estimated at USD 7.35 million or nearly double the USD 3.62 million it cost globally. As a result, organizations are increasingly concentrating on threat hunting as a preventive measure.

    Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/13999685

    In Security Analytics Market Report, Following Companies Are Covered:

  • Alert Logic Inc.
  • Arbor Networks Inc.
  • Symantec Corporation
  • Cisco Systems Inc.
  • RSA Security LLC
  • Hewlett
  • Packard Enterprise
  • IBM Corporation
  • Logrhythm, Inc.
  • Fireeye, Inc.
  • Splunk Inc.
  • Fortinet Inc.
  • McAfee LLC
  • Micro Focus International Plc

    Security Analytics Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • Security analytics is the process of using data collection, aggregation, and analysis tools for security monitoring and threat detection. Security analytics data can be collected in several ways, including Network traffic. Endpoint and user behavior data.

    Reasons for Buying Security Analytics Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Network Security Analytics to Account for Significant Share

    Network security applications are the largest source of demand for security analytics solutions globally. Security analysis, unlike other more well-behaved problem domains, does not naturally lend itself to statistical analysis. In most of the cases, programmers do not have the basic data that enable them to fabricate an accurate analytical engine.
    Further, given the tendency of attackers to constantly adapt to changes, makes fabrication of network security analytics solutions an almost impossible task to the programmers. Also, In recent times, there have been many cases of network and web-app security failures that brought catastrophic damage to several large enterprises and governments globally.
    Further, as the traditional network security analytics solutions based on the Bayesian probability theory, that states it’s possible to predict with high accuracy the likelihood of something happening by capturing every element of a problem and calculates possible outcomes mathematically, are being replaced with machine learning algorithms, due to this network security analytics solutions are getting more reliable.
    Bayesian models have domain conceptual alignment and ability to reason on incomplete data, while machine learning has the sheer power and ability to cope with massive quantities of data required by modern networks, that are spreading beyond traditional applications.

    North America to Account for Major Share

    The Kaspersky Lab 2018 B2B Survey indicated that in North America, the average cost of a data breach for an enterprise reached USD 1.6 million (up 23% from USD 1.3 million in 2017) on average.
    North America is the most expensive location for any small- and medium-scale business (SMB) to suffer a data breach compared to other regions. SMBs in the United States and Canada have the highest recovery cost, at USD 149 thousand on average (up 27% from USD 117 thousand in 2017).
    End-user industries in the region have been pioneers and early adopters of analytics solution to remain ahead of competitions in other regions. This has helped enterprises and SMBs create huge databases and infrastructure to support the use of security analytics in a proactive measure.
    Companies, such as Cylance Inc., the leading provider of AI-driven, prevention-first security solutions, and Securonix, a provider of SIEM and user and entity behavioral analytics, operating in North America in security analytics, announced a partnership to support the interoperability of CylancePROTECT with the new release of the Securonix Security Analytics Platform indicating the emerging trend towards cloud solution in security analytics.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Security Analytics create from those of established entities?

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/13999685

    Detailed TOC of Security Analytics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Level of Sophistication of Threats And Security Breaches
    4.3.2 Rise in IoT and BYOD Trend
    4.4 Market Restraints
    4.4.1 Lack of Data Integration and Connectivity
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness Porters Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Network Security Analytics
    5.1.2 Application Security Analytics
    5.1.3 Web Security Analytics
    5.1.4 Endpoint Security Analytics
    5.2 By End-user Industry
    5.2.1 Healthcare
    5.2.2 Defense and Security
    5.2.3 Banking and Financial Services
    5.2.4 Telecomm and IT
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia Pacific
    5.3.4 Latin America
    5.3.5 Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Alert Logic Inc.
    6.1.2 Arbor Networks Inc.
    6.1.3 Symantec Corporation
    6.1.4 Cisco Systems Inc.
    6.1.5 RSA Security LLC
    6.1.6 Hewlett-Packard Enterprise
    6.1.7 IBM Corporation
    6.1.8 Logrhythm, Inc.
    6.1.9 Fireeye, Inc.
    6.1.10 Splunk Inc.
    6.1.11 Fortinet Inc.
    6.1.12 McAfee LLC
    6.1.13 Micro Focus International Plc

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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