Will the growth of manufacturing industry affect behavior analytics market?
Category: #Technology  By Sachin Pashte  Date: 2019-08-13
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Will the growth of manufacturing industry affect behavior analytics market?

Behavior analytics market is anticipated to experience substantial growth owing to the increasing threat of insider attacks among organization across the globe. Over the past five years, a surge in the incidences of the insider attacks among organization has been witnessed. According to a report by IBM cyber security index, approximately 55% of the cyber-attacks occurred in U.S. are carried out by insider. This indicates the growing threat of insider attacks among organization. Besides insider attacks threat, technological advancement in behavior analytics solution such as integration of advanced analytics and machine learning algorithms, and scarcity of the security professionals in the organization are also estimated to be major factors that are contributing towards the growth of industry.

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Speaking of the competitive landscape, it is prudent to mention that one of most prominent names in behavior analytics market as on today, E8 Security, has proudly made it to the headlines recently for its tie-up with CrowdStrike’s Elevate Partner Program. The company will apparently combine its patented E8 Security Fusion Platform & its behavioral analytics expertise with CrowdStrike’s next-gen, end-point protection service called CrowdStrike Falcon, to conveniently help consumers resolve data breaches, bringing about a transformative change in behavior analytics market.

Amidst the backdrop of a scenario plagued by cyberattacks, data breaches, and insider threats, triggered by the adoption of big data platforms, the adoption of tools such as behavior analytics is on a considerable rise, especially among high-end domains such as the IT & telecom, defense, retail, government, and BFSI sectors, which has lucratively impelled behavior analytics industry outlook.

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North America is the dominating region in the global behavior analytics market owing to the presence of some of the major players such as Splunk and IBM. Moreover, high internet penetration rate and increase in number of mobile phone and application users in the region are also estimated to contribute significantly towards the growth of the industry. In addition, growing adoption of the analytics solution in the healthcare organizations in U.S. will push the market towards positive growth.

Table Of Content For This Research Report:

Chapter 4.   Behavior Analytics Market, By Deployment Model

4.1.  Global behavior analytics industry share by deployment model, 2015 & 2024

4.2.  On-premise

4.2.1. On-premise deployment model, by region, 2013-2024

4.3.  Cloud

4.3.1. Cloud deployment market, by region, 2013-2024

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About Author

Sachin Pashte    

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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