What is Behavior Analytics?
Behavior analytics is a process of tracking and monitoring user activities using monitoring system. The technology analyses historical trends of user activities to identify patterns with an aim to safeguard data. Growing need for data protection fueled by government regulation is expected to bolster the rate of adoption of this solution.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Balabit Corp [Hungary], Bay Dynamics [United States], Bottomline Technologies [United States], Dtex Systems [United States], VMware [United States], Exabeam [United States], RSA Security [United States], Gurucul Solutions [United States], HP Enterprise [United States], IBM Corporation [United States], McAfee [United States], Interset [Canada], LogRhythm [United States], Rapid7 [United States] and Securonix [United States] |
The study covers a detailed analysis segmented by key business segments i.e. by type (On Premise Deployment and On Clound Deployment) , by application (BFSI, IT and Telecom, Military and Defense, Government, Retail and Ecommerce, Healthcare and Energy and Utility) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Behavior Analytics market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Behavior Analytics market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Balabit Corp [Hungary], Bay Dynamics [United States], Bottomline Technologies [United States], Dtex Systems [United States], VMware [United States], Exabeam [United States], RSA Security [United States], Gurucul Solutions [United States], HP Enterprise [United States], IBM Corporation [United States], McAfee [United States], Interset [Canada], LogRhythm [United States], Rapid7 [United States] and Securonix [United States].
Influencing Trend:
Adoption of Cloud Based Behavior Analytics Solutions and Growing Use of Behavior Analytics in Healthcare
Market Growth Drivers:
Growing Need to Prevent Threats Posed by Users and Ability to Offer End to End Protection
Challenges:
Lack of Implementation of Behavior Analytics in Small Organizations
Restraints:
Lack of Awareness About Insider Threat and High Cost of Implementation
Opportunities:
Integration of Advance Analytics and Machine Learning and User-centric Approach
Key highlights of the Global Behavior Analytics market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Behavior Analytics market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Behavior Analytics market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Behavior Analytics Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Behavior Analytics market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Behavior Analytics market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Application System Providers, Third-Party Hosts, IT System Providers, Application Designers and Software Developers, Information Security Directors/Managers, IT Compliance Directors/Managers, IT Audit Director/Managers IT Directors/Consultants, Chief Compliance Officers, Cloud Service Providers, Technology Consultants, Communications Service Providers and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.