New Market Research Expert Report titled “Global Security Analytics Market Report and Forecast 2021-2026”, gives an in-depth analysis of the global security analytics market, assessing the market on the basis of its segments like component, mode of deployment, organization size, application, industry and major regions. The report follows the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, and analyzes the market based on Porter’s SWOT and Five Forces models.

Note 1: For an overview of primary and secondary market data (2016-2026), along with business strategies and detailed market segmentation, please click on the sample demand report. The sample report will be delivered to you within 24 hours.

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The main highlights of the report include:

Market Overview (2016-2026)

  • Forecast market size (2026): USD 24 billion

With more and more companies looking to digitize their data on electronic servers or cloud-based services, there is a credible and growing threat of cyber attacks on this sensitive data, which can be protected with the help of analytics. of security. After collecting data from other databases, consolidating and analyzing it, the system is better equipped to deal with more threats, given the analysis of previous attacks. The field is expected to grow even more in the coming years as more companies integrate over the Internet and transfer their data to online servers or intranets rather than their own computers. With each attack causing massive financial loss, such backup options are more financially viable.

Definition of the industry and main segments

Security analysis is a form of cybersecurity that uses data from different databases to understand the nature of cyber attacks and prevent them. This data can be pulled from system logs, security applications, endpoint alerts, and various databases, own or third-party, to better understand patterns.

The industry can be divided by component as follows:

The industry can be classified on the basis of the mode of deployment into:

On the basis of Organization Size, the Security Analytics Market can be divided:

  • Small and medium enterprises
  • Large companies

It can also be differentiated by application as follows:

  • Web security analysis
  • Network security analysis
  • Endpoint Security Analysis
  • Application security analysis
  • Others

Depending on the industry, the market can be divided as follows:

  • BFSI
  • Telecom and IT
  • Retail
  • Health care
  • Government and Defense
  • Manufacturing and utility
  • Others

The market can be segmented by region into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Market trends

Security analysis is expected to grow at a faster rate now that areas of IT complementary to security analysis are also growing at a rapid rate. Increased database integration and better cooperation between organizations can enhance security analysis. The constant threats of cyber attacks in terms of sophistication and frequency, and the associated costs will also be a major reason why the security analytics industry will grow rapidly. While North America dominates the security analysis market because most of the companies interested in it are based there, there is an opportunity for expansion into emerging Asia-Pacific countries, from Middle East and Africa because of the untapped consumer bases there.

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Key market players

The major players in the market are Cisco Systems, Hewlett Packard Enterprise Development LP, IBM Corporation, FireEye, Inc., Juniper Networks, Inc. and Logrhythm, Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are continuously monitoring the impact of this rapidly evolving situation on markets and consumer buying behaviors. Thus, our latest estimates and analyzes on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.

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