User And Entity Behavior Analytics Market Size, Trends And Forecast 2024-2033
Global user and entity behavior analytics market size is expected to reach $7.72 Bn by 2028 at a rate of 34.1%, segmented as by type, solution, services
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Overview and Scope
User and entity behavior analytics (UEBA) is a cybersecurity approach that analyzes patterns in user and system behavior to detect and respond to anomalous activities. It helps organizations proactively identify potential security threats by monitoring and analyzing the actions of users and entities within a network.
Sizing and Forecast
The user and entity behavior analytics market size has grown exponentially in recent years. It will grow from $1.78 billion in 2023 to $2.39 billion in 2024 at a compound annual growth rate (CAGR) of 34.5%. The growth in the historic period can be attributed to rise in insider threats, advanced persistent threats (apts), regulatory compliance mandates, security incident detection and response, insight into user activities.
The user and entity behavior analytics market size is expected to see exponential growth in the next few years. It will grow to $7.72 billion in 2028 at a compound annual growth rate (CAGR) of 34.1%. The growth in the forecast period can be attributed to machine learning and ai advancements, iot device proliferation, endpoint security integration, behavioral analytics for fraud prevention, automation of incident response. Major trends in the forecast period include machine learning for anomaly detection, integration with security information and event management (siem), cloud-native ueba solutions, focus on insider threat detection, user and entity risk scoring.
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Segmentation & Regional Insights
The user and entity behavior analytics market covered in this report is segmented –
1) By Type: Solution, Services
2) By Deployment Type: On-Premises, Cloud
3) By Organization size: Large Enterprises, Small And Medium Enterprises
4) By Vertical: Financial Services And Insurance, Retail And Ecommerce, Energy And Utilities, IT And Telecom, Healthcare, Defense And Government, Other Verticals
North America was the largest region in the user and entity behavior analytics market in 2023. Asia- Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the user and entity behavior analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising number of IoT and cloud-based connected devices is expected to propel the growth of the user and entity behavior analytics (UEBA) market going forward. IoT (Internet of Things) refers to the network of interconnected physical devices that communicate and share data with each other through cloud-based services. IoT and cloud-connected devices are used in user and entity behavior analytics (UEBA) to provide real-time data and comprehensive insights into user interactions, enabling more accurate threat detection and proactive security measures. For instance, in September 2022, according to reports shared by the AAG IT Support Service, a US-based digital transformation service provider, in 2022, a global study of 753 technical and business professionals revealed that 63% of respondents reported heavy usage of cloud services. This marked an increase from 59% in 2021 to 53% in 2020. Therefore, the rising number of IOT and cloud-based connected devices is driving the growth of the user and entity behavior analytics (UEBA) market.
Key Industry Players
Major companies operating in the user and entity behavior analytics market report are Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., VMWare LLC, Palo Alto Networks Inc., Fortinet Inc., F5 Inc., Splunk Inc., Check Point Software Technologies Ltd., McAfee Corp., Thoma Bravo LP - Sophos Group PLC , Rapid7 Inc., Forcepoint LLC, Varonis Systems Inc., Bottomline Technologies Inc., Lookout Inc., LogRhythm Inc., Exabeam Inc., Securonix Inc., Cynet Security Ltd., Dtex Systems Inc., LTS Secure, Lepide, Teramind Inc., Gurucul Solutions LLC, Niara Inc., Sqrrl Data Inc
The user and entity behavior analytics market report table of contents includes:
1. Executive Summary
2. User And Entity Behavior Analytics Market Characteristics
3. User And Entity Behavior Analytics Market Trends And Strategies
4. User And Entity Behavior Analytics Market - Macro Economic Scenario
5. Global User And Entity Behavior Analytics Market Size and Growth
…………
33. Global User And Entity Behavior Analytics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The User And Entity Behavior Analytics Market
35. User And Entity Behavior Analytics Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global User And Entity Behavior Analytics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global User And Entity Behavior Analytics Market, Segmentation By Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global User And Entity Behavior Analytics Market, Segmentation By Organization size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………..
Table 75: Microsoft Corporation Financial Performance
Table 76: Amazon Web Services Inc. Financial Performance
Table 77: International Business Machines Corporation Financial Performance
Table 78: Cisco Systems Inc. Financial Performance
Table 79: VMWare LLC Financial Performance
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