User & Entity Behavior Analytics Market Scope
User & entity behavior analytics is also called user behavior analytics. It is the process of gathering insight into the network events that users generate every day. After collection and analysis, it is used to detect the use of compromised credentials, lateral movement, and other malicious behavior. It uses algorithms, machine learning, and statistical analyses to recognize that there is a deviation from established patterns.
The User & Entity Behavior Analytics market study is segmented by Type (Solution and Services) and major geographies with country level break-up.
Global User & Entity Behavior Analytics is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Services. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Cynet (Israel), Exabeam (United States), Dtex Systems (United States), Bay Dynamics (United States), Securonix (United Kingdom), ObserveIT (United States), Content Square (France), HPE Security ArcSight (United States), Rapid7 (United States) and Fortscale (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global User & Entity Behavior Analytics market by Type, Application and Region.
On the basis of geography, the market of User & Entity Behavior Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 22nd October 2020, Securonix announced it signed an OEM agreement with Opora, a next-generation cyber security provider. The partnership provides customers Securonix Adversary Behavior Analytics (ABA) and an advanced capability that helps organizations for the protection of mission-critical assets by monitoring adversary behavior and delivering automated, preemptive actions that prevent attacks and help contain adversary threats.
On 19th May 2020, Exabeam launched a new application for user and entity behavior analytics in the CrowdStrike Store. CrowdStrike and Exabeam are delivering a fully integrated SaaS offering. The application provides customers the flexibility to solve complex security management problems.
Market Trend
- Growing Cyber Crimes across the Globe
Market Drivers
- Rising Applications of User & Entity Behavior Analytics in IT and Financial Services
- Increasing Need of Security for Data in Various Organizations
Opportunities
- Growth in Implementation Rate of User & Entity Behavior Analytics can create Opportunities for the Market.
Restraints
- Lack of Skilled Operators
Challenges
- Stringent Regulations on the Implementation of User & Entity Behavior Analytics
Key Target Audience
User & Entity Behavior Analytics Services, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others