(IT-NEWSWIRE.COM, July 11, 2018 ) According to Publisher, the global user behavior analytics market to grow from USD 185.12 million in 2016 to USD 1502.58 million by 2023, at a CAGR of 34.87%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.
User Behavior Analytics refers to the use of advanced machine learning algorithms to explore changes in users behavior and identify security anomalies. User behavior analytics is also a learning system that complements existing rule or signature-based approaches to identify security anomalies.
User behavior analytics effectively leverages Big Data and its processing capabilities to collaborate wide datasets and to look for anomalies across them and build better security over repetitive use. User behavior analytics effectively aggregates data from numerous sources such as logs, reports, flow, and packet information, and other types of information to detect the likelihood of any kind of security threats.
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The major forces driving the growth of the user behavior analytics market include the need to identify vulnerabilities inside organisation and need t0 aligned business to risk. Moreover, real-time threat detection is also one of the factors that is driving the market growth. However perfect for analysis but not security, and unawareness about advanced inside threat may hinder the market growth. In the middle of difficulty lies opportunity such as the integrate uba with infrastructure, and uba integration with machine learning algorithm. The possible challenges for the market growth is detecting advanced threat real-time. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the global user behavior analytics market is studied across aerospace & defense, banking, financial services & insurance, consumer goods & retail, education, energy & utilities, government, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, transportation & logistics, and travel & hospitality. Based on geography, the global user behavior analytics market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of user behavior analytics market. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the user behavior analytics market that will impact the demand during the forecast period. Moreover, the competitive analysis of user behavior analytics market brings an insight on the product usability profiles of the leading players. Additionally, the analysis highlights features & pricing, informant reviews of the key products in the market.
Reasons to Buy:
The user behavior analytics market research study reveals hidden insights and dynamic, which in turn helps the players in the ecosystem take better strategic decisions. The firms looking for purchasing the global user behavior analytics market research report could look for following prospects on their way to better understand the market that can aid further decision making and possibly identify the best opportunities to exploit.
- Evaluate the qualitative and quantitative aspects of the report and analyze the user behavior analytics market penetration with respect to industries and geographies.
- Evaluate the key vendors in the user behavior analytics market in terms of products satisfaction and business strategy. This helps identify consumer preferences and understand its current position in Publisher FPNV Positioning Matrix.
- Evaluates the key vendors and deeply analyze competitive landscape, revenue pockets, market trends, growth prospects, pain points, drivers, restraints, challenges and opportunities of the user behavior analytics market..
Global Global User Behavior Analytics Market Players:
Exabeam Advanced Analytics
Gurucul Risk Analytics
LogRhythm User and Entity Behavior Analytics
Microsoft Advanced Threat Analytics
Niara User and Entity Behavior Analytics
SNYPR Security Analytics Platform
Splunk User Behavior Analytics
Varonis Data Security Platform
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