Global User and Entity Behavior Analytics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

Global User and Entity Behavior Analytics Market: Overview

"The User and Entity Behavior Analytics Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."

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User and entity behavior analytics is a series of processes to find or analyses the user behaviors on a network. Security software uses these patterns to predict future security threats and provide preventive actions against them thus securing the organization's security framework from future cyber-attacks.

Rising concerns associated with malicious activities and an increasing number of cyber-attacks are major factors expected to boost the growth of the global market. User and entity behavior analytics provide anomalies that could result in a potential threat and offers solutions with responsive actions.

Industries that are prone to cyber threats are expected to increase the adoption of user and entity behavior analytics. For instance; on 22 Feb 2019, the ManageEngine which is an Enterprise IT Management Software division of ZOHO Corp. announced and released a new user and entity behavior analytics (UEBA) feature into its SIEM solution, Log360.

Increasing demand for real-time analytics to uncover security risks is also a factor expected to boost the growth of the global market.

Analytical software providers are focusing on expanding their application areas. For example, user and entity behavior analytics can also be used in retail and e-commerce applications to detect threats as well as to generate leads for sales which is also a factor expected to support the growth of the potential market.

However, increasing invasion from advanced insider threats and rising data breaches are key factors that would hamper the target market growth.

In addition, the limitation on security solution budgets of small and medium organizations is another challenging factor that could hamper the growth of the target market to a certain extent.

Global User and Entity Behavior Analytics Market: Segment Analysis

Among the component segments, the solutions segment is expected to register the highest share in the global market. User and entity behavior analytics provide various software solutions such as user behavior pattern analysis, insider threats, data loss prevention, compromised credentials, and many others is a factor that is expected to support the growth of the solutions segment in the global market during the forecast period.

Global User and Entity Behavior Analytics Market: Region Analysis

Increasing cyber-attacks in organizations that are the Asia Pacific based is a key factor to drive the growth of the global market in the Asia Pacific. Developing countries in the Asia Pacific are focusing on ensuring safe IT infrastructure due to the high adoption of digitalization among various industrial verticals is a factor that will support the growth of the potential market in this region.

Counties in North America are highly focused on integrating user and entity behavior analytics solutions across multiple industries is a factor expected to support the growth of the target market in this region.

Global User and Entity Behavior Analytics Market Segmentation:

Segmentation by Component:

• Solution
• Services

Segmentation by Organization Size:

• Large Enterprises
• Small and Medium-Sized Enterprises (SME’s)

Segmentation by Deployment Mode:

• Cloud
• On-Premises

Segmentation by Industry Vertical:

• Healthcare
• Energy and utilities
• Retail and E-commerce
• Telecommunications and IT
• Media and Entertainment
• Financial Services & Insurance
• Others (Government, Travel and Hospitality, Manufacturing, Food & Beverage, Transportation and logistics, Commercial, etc.)

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa