Behavior Analytics Market – Industry trends, applications and forecast, 2017 - 2024
More Information @ http://bit.ly/2goS65G Technological advancement in the security solution such as integration of advanced analytics and machine learning algorithms is also contributing to the industry growth. In addition, growing adoption across applications such as healthcare, BFSI, and IT & telecom owing to the increasing incidences of data breaches and rising demand of real time security analytics to detect threats in advance and mitigate their impact will further drive the behavior analytics market demand.
More Information @ http://bit.ly/2goS65G
Technological advancement in the security solution such as integration of advanced analytics and machine learning algorithms is also contributing to the industry growth. In addition, growing adoption across applications such as healthcare, BFSI, and IT & telecom owing to the increasing incidences of data breaches and rising demand of real time security analytics to detect threats in advance and mitigate their impact will further drive the behavior analytics market demand.
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<strong>Behavior</strong> <strong>Analytics</strong> <strong>Market</strong> to grow at 40% CAGR<br />
from <strong>2017</strong> to <strong>2024</strong>: Global <strong>Market</strong> Insights, Inc.<br />
Technology advancement has bolstered the dem<strong>and</strong> for behavior analytics market<br />
solutions among organizations to detect threats even before they occur <strong>and</strong> to<br />
mitigate their impact. Integration of advanced analytics <strong>and</strong> machine learning<br />
algorithms for analyzing user behavior allows automatic analysis enables<br />
organizations to link user <strong>and</strong> entity activity to support security analyst in threat<br />
detection <strong>and</strong> remediation. Besides these, advanced behavior analytics market<br />
systems also offer certain benefits over conventional security enterprise systems,<br />
such as end to end protection, automated response <strong>and</strong> access control.<br />
The healthcare sector has emerged as one of the major end-users of the behavior<br />
analytics market <strong>and</strong> is anticipated to register substantial growth during the <strong>forecast</strong><br />
timeline. The growing dem<strong>and</strong> for these solutions among healthcare organizations is<br />
attributed to the growing threat of insider attacks <strong>and</strong> data breaches among<br />
healthcare institutes, which poses a financial risk. Besides, healthcare institutes are<br />
more exposed to the risk of insider attacks owing to the general lack of cybersecurity<br />
infrastructure. User identity information can be stolen from hospital records for<br />
insurance fraud, the need to alleviate these risks has led to considerable dem<strong>and</strong> for<br />
behavior analytics market solutions.<br />
Growing adoption of cloud-based behavior analytics market solutions is driving the<br />
global revenue, a trend that is expected to resonate across the <strong>forecast</strong> timeline.<br />
Increasing adoption of cloud platform among organizations <strong>and</strong> improving security<br />
measures for this deployment model is one of the key factors that is encouraging the<br />
organizations to shift toward cloud platform. Furthermore, advanced cloud-based<br />
behavior analytics solutions offer better h<strong>and</strong>ling of sensitive data, thereby<br />
augmenting the dem<strong>and</strong> of these products among organizations.<br />
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U.S. <strong>Behavior</strong> <strong>Analytics</strong> <strong>Market</strong> Size, By Deployment, 2016 & <strong>2024</strong> (USD Million)<br />
Browse key industry insights spread across 180 pages with 132 market data tables &<br />
28 figures & charts from the report, “<strong>Behavior</strong> <strong>Analytics</strong> <strong>Market</strong> Size By<br />
Deployment Model (On Premise, Cloud), By Component (Solutions, Services),<br />
By End-Use (BFSI, IT & Telecommunication, Defense, Government<br />
Organization, Retail & E-Commerce, Healthcare, Energy & Utility), <strong>Industry</strong><br />
Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy,<br />
Spain, Australia, China, India, Japan, Brazil, Mexico, MEA), Growth Potential,<br />
Price Trends, Competitive <strong>Market</strong> Share & Forecast, <strong>2017</strong> - <strong>2024</strong>” in detail along<br />
with the table of contents:<br />
https://www.gminsights.com/industry-analysis/behavior-analytics-market<br />
Asia Pacific is estimated to register considerable growth with around 45% CAGR<br />
during the <strong>forecast</strong> timeline owing to the increasing internet penetration <strong>and</strong> growing<br />
smartphone adoption as well as dem<strong>and</strong> for mobile <strong>applications</strong> in the region.<br />
Furthermore, increasing digitalization <strong>and</strong> growing investment in information security<br />
in the economies such as China, India <strong>and</strong> Australia are also estimated to drive the<br />
revenue growth.<br />
Some of the major vendors of the behavior analytics market solutions are Splunk<br />
Inc., IBM Corporation, Rapid7, LogRhythm, etc. Strategic partnerships are one of the<br />
most popular strategy used by vendors to gain market share. For example, in<br />
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September <strong>2017</strong>, Bay Dynamics announced that they are forming a strategic alliance<br />
with VMware Mobile Security Alliances with the sole purpose of enhancing its<br />
product capabilities, which assist enterprises to effectively mitigate mobile threats.<br />
<strong>Industry</strong> Coverage<br />
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About Global <strong>Market</strong> Insights<br />
Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />
research <strong>and</strong> consulting service provider; offering syndicated <strong>and</strong> custom research<br />
reports along with growth consulting services. Our business intelligence <strong>and</strong> industry<br />
research reports offer clients with penetrative insights <strong>and</strong> actionable market data<br />
specially designed <strong>and</strong> presented to aid strategic decision making. These exhaustive<br />
reports are designed via a proprietary research methodology <strong>and</strong> are available for<br />
key industries such as chemicals, advanced materials, technology, renewable<br />
energy <strong>and</strong> biotechnology.<br />
Contact Us:<br />
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Corporate Sales, USA<br />
Global <strong>Market</strong> Insights, Inc.<br />
Phone: 1-302-846-7766<br />
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