The global security analytics market size reached US$ 5.4 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 14.3 Billion by 2032, exhibiting a growth rate (CAGR) of 11.43% during 2023-2032.
Security analytics refers to a proactive security approach that uses big data analytics and machine learning to gather, categorize and analyze data from network devices. It is primarily aimed at managing the security of an organization’s digital infrastructure and prevent advanced threats. It is based on data mining and threat detection algorithms that are focused on providing digital asset metadata, geo-location, threat intelligence and internet protocol (IP) context-related analytical results. It provides real-time alerts from workstations, servers, mobile devices, sensors and other endpoints, monitors network traffic volume and maintains third-party threat intelligence feeds.
The increasing number of cyber threats and security breaches across the globe is one of the key factors driving the growth of the market. In line with this, the widespread adoption of security analytic tools across organizations for discovering patterns and prioritizing network-based threats to obtain insights for preventing data losses and future intrusions is also contributing to the market growth. The increasing utilization of cloud-based services and big data tools is acting as another major growth-inducing factor. Cloud deployment of security analytics offers web-based management and enterprise-wide protection solutions that have enhanced scalability, network security and speed.
Additionally, the development of network security analytics that can perform deep packet analysis of the network traffic to identify malware and mitigate it, is also creating a positive outlook for the market. Other factors, including increasing investments by government and defense organizations to combat advanced cyber threats, along with the development of Next-generation firewalls, Intrusion Prevention Systems (IPS), anti-malware gateways and endpoint security applications, are projected to drive the market further.
2. What is the expected growth rate of the global security analytics market during 2024-2032?
3. What are the key factors driving the global security analytics market?
4. What has been the impact of COVID-19 on the global security analytics market?
5. What is the breakup of the global security analytics market based on the component?
6. What is the breakup of the global security analytics market based on the application?
7. What is the breakup of the global security analytics market based on deployment mode?
8. What is the breakup of the global security analytics market based on the organization size?
9. What is the breakup of the global security analytics market based on the vertical?
10. What are the key regions in the global security analytics market?
11. Who are the key players/companies in the global security analytics market?
Security analytics refers to a proactive security approach that uses big data analytics and machine learning to gather, categorize and analyze data from network devices. It is primarily aimed at managing the security of an organization’s digital infrastructure and prevent advanced threats. It is based on data mining and threat detection algorithms that are focused on providing digital asset metadata, geo-location, threat intelligence and internet protocol (IP) context-related analytical results. It provides real-time alerts from workstations, servers, mobile devices, sensors and other endpoints, monitors network traffic volume and maintains third-party threat intelligence feeds.
The increasing number of cyber threats and security breaches across the globe is one of the key factors driving the growth of the market. In line with this, the widespread adoption of security analytic tools across organizations for discovering patterns and prioritizing network-based threats to obtain insights for preventing data losses and future intrusions is also contributing to the market growth. The increasing utilization of cloud-based services and big data tools is acting as another major growth-inducing factor. Cloud deployment of security analytics offers web-based management and enterprise-wide protection solutions that have enhanced scalability, network security and speed.
Additionally, the development of network security analytics that can perform deep packet analysis of the network traffic to identify malware and mitigate it, is also creating a positive outlook for the market. Other factors, including increasing investments by government and defense organizations to combat advanced cyber threats, along with the development of Next-generation firewalls, Intrusion Prevention Systems (IPS), anti-malware gateways and endpoint security applications, are projected to drive the market further.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global security analytics market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, application, deployment mode, organization size, and vertical.Breakup by Component:
- Solutions
- Services
- Professional Services
- Managed Services
Breakup by Application:
- Application Security Analytics
- Web Security Analytics
- Endpoint Security Analytics
- Network Security Analytics
- Others
Breakup by Deployment Mode:
- Cloud-based
- On-premises
Breakup by Organization Size:
- Small and Medium Enterprises
- Large Enterprises
Breakup by Vertical:
- BFSI
- Healthcare
- Manufacturing
- Consumer Goods and Retail
- IT and Telecom
- Government and Defense
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Alert Logic Inc. (Welsh, Carson, Anderson & Stowe), Alienvault Inc. (AT&T Cybersecurity), Arbor Networks Inc. (NETSCOUT Systems, Inc.), Cisco Systems Inc., Fortinet Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, LogRhythm Inc. (Thoma Bravo, LLC), McAfee LLC (TPG Capital & Intel Corporation), RSA Security LLC. (Dell Technologies Inc.), Splunk Inc., etc.Key Questions Answered in This Report
1. What was the size of the global security analytics market in 2023?2. What is the expected growth rate of the global security analytics market during 2024-2032?
3. What are the key factors driving the global security analytics market?
4. What has been the impact of COVID-19 on the global security analytics market?
5. What is the breakup of the global security analytics market based on the component?
6. What is the breakup of the global security analytics market based on the application?
7. What is the breakup of the global security analytics market based on deployment mode?
8. What is the breakup of the global security analytics market based on the organization size?
9. What is the breakup of the global security analytics market based on the vertical?
10. What are the key regions in the global security analytics market?
11. Who are the key players/companies in the global security analytics market?
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Security Analytics Market
6 Market Breakup by Component
7 Market Breakup by Application
8 Market Breakup by Deployment Mode
9 Market Breakup by Organization Size
10 Market Breakup by Vertical
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Alert Logic Inc. (Welsh
- Carson
- Anderson & Stowe)
- Alienvault Inc. (AT&T Cybersecurity)
- Arbor Networks Inc. (NETSCOUT Systems Inc.)
- Cisco Systems Inc.
- Fortinet Inc.
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- LogRhythm Inc. (Thoma Bravo LLC)
- McAfee LLC (TPG Capital & Intel Corporation)
- RSA Security LLC. (Dell Technologies Inc.)
- Splunk Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 5.4 Billion |
| Forecasted Market Value ( USD | $ 14.3 Billion |
| Compound Annual Growth Rate | 11.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
