Security Analytics Market to grow by USD 6.51 billion between 2022 - 2027 | Growth Driven by Increasing cyber threats - Technavio

NEW YORK, Oct. 9, 2023 /PRNewswire/ -- The Security Analytics Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the security analytics market between 2022 and 2027 is USD 6.51 billion. The increasing cyber threats drive the growth of the security analytics market. Cyber attack's frequency and complexity are the two factors that drive the global security analytics market as traditional security techniques are becoming ineffective at detecting and preventing breaches as cyber threats become more complex. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here

• Market Challenge - The shortage of skilled cybersecurity professionals challenges the growth of the security analytics market. There is a serious lack of qualified cybersecurity personnel who are able to successfully adopt and manage security Analytics systems. Furthermore, there is also a greater need for cybersecurity professionals than there is a qualified workforce, which delays implementation, increases the workload for current employees, and exposes possible vulnerabilities owing to insufficient analysis. Hence, such factors impede the growth of the security analytics market during the forecast period. Learn about additional key drivers, trends, and challenges available with Technavio. Read the Free Sample PDF Report Now

The security analytics market has segmented by Sector (Large enterprises, Small, and medium-sized enterprises), Application (Network security analytics, Web security analytics, End point security analytics, Application security analytics, and Others), and Geography (North America, Europe, APAC, Middle East and Africa, and South America). 

• By sector, the large enterprises segment will be significant during the forecast period. Large companies are prominent end-users in the global security analytics market because of their immense IT infrastructure and increased sensitivity to cyber threats. Thus, there is an increasing demand for sophisticated security tools that are able to quickly identify and fight complex attacks. Furthermore, businesses place a high priority on risk management and cyber resilience. As a result, it is expected that demand for security intelligence within large organizations will continue to grow.
• By Geography, North America is estimated to contribute 39% to the growth of the global market during the forecast period. View the Free Sample Report for insights into the contribution of all the segments and regional opportunities in the report.

Key Companies in the Security Analytics Market:

Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., Exabeam Inc., Forcepoint LLC, Fortinet Inc., Fortra LLC, GURUCUL, Haystax, Hewlett Packard Enterprise Co., International Business Machines Corp., Juniper Networks Inc., LogRhythm Inc., McAfee LLC, Musarubra US LLC, Palo Alto Networks Inc., Rapid7 Inc., Securonix Inc., Sumo Logic Inc., Tier 3 Pty Ltd.

Related Reports:

The application security market size is estimated to grow at a CAGR of 19.32% between 2022 and 2027. The market size is forecast to increase by USD 13.14 billion.

The security in schools market size is estimated to grow at a CAGR of 6.57% between 2022 and 2027. The market size is forecast to increase by USD 3,429.97 million.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Sector

Market Segmentation by Application

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio