Security Analytics Market
Security Analytics Market Size, Share & Trends Analysis Report by Component (Solutions and Services), by Application (Web Security Analytics, Network Security Analytics, Endpoint Security Analytics, Application Security Analytics, and Others), and by End-Users (BFSI, Government and Defence, Consumer Goods and Retail, IT and Telecom, Healthcare, Energy and Utilities, Manufacturing, and Other) Forecast Period (2022-2028)
Security analytics market is anticipated to grow at a considerable CAGR of 12.9% during the forecast period. The growth of the security analytics market is attributed to factors such as the growing digitalization of business operations and increased incidences of cyberattacks. Also, the anonymity afforded by tools such as VPN, the dark web, and cryptocurrencies poses significant challenges to law enforcement officials in the identification and prosecution of cybercriminals. Thus security analytics has emerged as a viable solution to security breaches faced by enterprises, organizations, and public and private entities. Further growing funding received by security analytics-related startups is some of the factors anticipated to fuel the demand for security analytics. in June 2022, Devo Technology, a startup for data logging and security analytics received $100 million in funding from a Series F round led by Eurazeo, a global investment firm. The company will utilize the funds to expand its geographical reach and strengthen its product portfolio.
Segmental Outlook
The global security analytics market is segmented based on its component, application, and end-users. Based on components, the market is segmented into solutions and services. Based on the application the market is categorized into web security analytics, network security analytics, endpoint security analytics, application security analytics, and others. Further, based on the end-users, the market is segmented into BFSI, government and defense, consumer goods and retail, it and telecom, healthcare, energy and utilities, manufacturing, and others. Among the end-users segment, the sub-segment is anticipated to register significant growth for the forecast period. The growth of the BFSI sub-segment is attributed to the increased need for security analytics due to increasing cybercrimes in the BFSI sector.
Among the component segment, the services sub-segment is anticipated to register significant growth for the forecast period. The services include the combination of professional and managed support services offered by the market players to the enterprises for implementing and maintaining security analytics solutions. Increasing cases of data breaches and growing complexities in managing advanced network infrastructures, along with enterprise compliances, are some of the factors driving the growth of the services sub-segment. Additionally, growing new and enhanced services to meet security challenges by key players is anticipated to propel the growth of the service subsegment. For instance, in March 2021, IBM security introduced new and enhanced services designed to support organizations manage their cloud security strategy, policies, and controls across hybrid cloud environments. The services bring together cloud-native, IBM, and third-party technologies along with IBM expertise to assist organizations create a unified security approach across their cloud ecosystems.
Regional Outlooks
The global security analytics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American regional market is expected to cater to significant growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the Security Analytics market. The growth is attributed to the increasing demand for security analytics due to increased incidences of cyber-attacks and growing digitalization across the sectors in the region.
Global Security Analytics Market Growth, by Region 2022-2028
The European Region is Expected to Hold a Prominent Share in the Global Security Analytics Market
Among these regions, the Europe region is anticipated to account for a prominent share of the market during the forecast period. The growth of the security analytics market in the region is primarily driven by factors such as the growing penetration of the internet and growing incidences of cyber attacks in the region. For instance, in July 2022, hackers targeted social media accounts owned by the British Royal Army. The attack included the takeover of the British Army’s twitter and youtube accounts. Apsrt from this, in June 2022, hackers compromised accounts belonging to officials in Germany’s Greens party.
Market Players Outlook
The major companies serving the global security analytics market include IBM Corp., Hewlett Packard Enterprise (HPE) Co., Cisco Systems, Inc., Broadcom Inc., Splunk Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2022, Snowflake, launched a new Cybersecurity workload that enables cybersecurity teams to better protect their enterprises with the Data Cloud. Cybersecurity teams can quickly gain visibility and automation at the cloud-scale using Snowflake’s platform and an extensive ecosystem of partners delivering security capabilities with connected applications.
Further, in June 2022, Cisco, unveiled its plan to design the Cisco Security Cloud as an open platform, protecting the integrity of the IT ecosystem without public cloud lock-in. The Security Cloud will provide an integrated experience for securely connecting people and devices and provide threat prevention, detection, response, and remediation capabilities at scale.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global security analytics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Security Analytics Market by Component
4.1.1. Solutions
4.1.2. Services
4.2. Global Security Analytics Market by Application
4.2.1. Web Security Analytics
4.2.2. Network Security Analytics
4.2.3. Endpoint Security Analytics
4.2.4. Application Security Analytics
4.2.5. Others
4.3. Global Security Analytics Market by End-Users
4.3.1. BFSI
4.3.2. Government and Defence
4.3.3. Consumer Goods and Retail
4.3.4. IT and Telecom
4.3.5. Healthcare
4.3.6. Energy and Utilities
4.3.7. Manufacturing
4.3.8. Other
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ALERT LOGIC
6.2. Broadcom Inc.
6.3. Cisco Systems, Inc.
6.4. Exabeam, Inc.
6.5. FireEye Security Holdings US LLC
6.6. Forcepoint LLC
6.7. Fortinet, Inc.
6.8. Hewlett Packard Enterprise Co.
6.9. Hillstone Networks
6.10. IBM Corp.
6.11. Juniper Networks, Inc.
6.12. LogRhythm, Inc.
6.13. McAfee, LLC
6.14. Rapid7, Inc.
6.15. RSA Security LLC
6.16. Securonix
6.17. Snowflake Inc.
6.18. Splunk Inc.
6.19. Tier-3 Pty Ltd. (Huntsman Security)
6.20. UPTYCS, INC.
1. GLOBAL SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
2. GLOBAL SECURITY ANALYTICS SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SECURITY ANALYTICS SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
5. GLOBAL WEB SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL NETWORK SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ENDPOINT SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
9. GLOBAL SECURITY ANALYTICS FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL SECURITY ANALYTICS FOR GOVERNMENT AND DEFENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL SECURITY ANALYTICS FOR CONSUMER GOODS AND RETAILMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL SECURITY ANALYTICS FOR IT AND TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL SECURITY ANALYTICS FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL SECURITY ANALYTICS FOR ENERGY AND UTILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL SECURITY ANALYTICS FOR MANUFACTURINGMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL SECURITY ANALYTICS FOR OTHERMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. NORTH AMERICAN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
20. NORTH AMERICAN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
21. NORTH AMERICAN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
22. EUROPEAN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
24. EUROPEAN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. EUROPEAN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
30. REST OF THE WORLD SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. REST OF THE WORLD SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
32. REST OF THE WORLD SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
33. REST OF THE WORLD SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
1. GLOBAL SECURITY ANALYTICS MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
2. GLOBAL SECURITY ANALYTICS SOLUTIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL SECURITY ANALYTICS SERVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL SECURITY ANALYTICS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
5. GLOBAL SECURITY ANALYTICS WEB SECURITY ANALYTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL SECURITY ANALYTICS NETWORK SECURITY ANALYTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL SECURITY ANALYTICS ENDPOINT SECURITY ANALYTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL SECURITY ANALYTICS MARKET SHARE BY END-USERS, 2021 VS 2028 (%)
9. GLOBAL SECURITY ANALYTICS FOR BFSI MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL SECURITY ANALYTICS FOR GOVERNMENT AND DEFENCE MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL SECURITY ANALYTICS FOR CONSUMER GOODS AND RETAIL MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL SECURITY ANALYTICS FOR IT AND TELECOM MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL SECURITY ANALYTICS FOR HEALTHCAREMARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL SECURITY ANALYTICS FOR ENERGY AND UTILITIES MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL SECURITY ANALYTICS FOR MANUFACTURINGMARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL SECURITY ANALYTICS FOR OTHER MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL SECURITY ANALYTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. US SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
19. CANADA SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
20. UK SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
21. FRANCE SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
22. GERMANY SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
23. ITALY SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
24. SPAIN SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF EUROPE SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
26. INDIA SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
27. CHINA SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
28. JAPAN SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
29. SOUTH KOREA SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF ASIA-PACIFIC SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD SECURITY ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
