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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Security Analytics Market
Request Now !Security analytics uses big data analytics and machine learning to gather, categorize, and analyze data collected from network devices to detect advanced threats. The data used in security analytics can be collected in several ways such as network traffic, end-point & user behavior data, cloud resources, business applications, non-IT contextual data, identity & access management, and external threat intelligence sources. The need of security analytics is increasing due to rapid advancements in malware and cyber exploits. Â
Security Analytics Market Scope and Structure Analysis:
Report Matric | Details |
 Market size available for the years |  2019-2027 |
 Base year considered |  2019 |
 Forecast period |  2020-2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Component  Deployment Type  Application  Enterprise Size  Region |
 Regions covered | North America (the U.S. and Canada) Europe (Germany, the UK, France, and rest of Europe) Asia-Pacific (China, Japan, India, and rest of Asia-Pacific) LAMEA (Latin America, Middle East, and Africa) |
 Companies covered |
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Impact of COVID-19 on Security Analytics Market
Major shift toward bring your own device (BYOD) trend along with penetration of Internet of Things (IoT) devices drives the growth of the market. Moreover, with growth in adoption of advanced technologies, the instances of cyber-attacks have also increased, which will drive the demand for security analytics, thus fueling the growth of the market. However, lack of expertise and awareness is expected to restrain the growth of the market. Furthermore, growth in adoption of big data analytics and cloud infrastructure due to COVID-19 pandemic is expected to provide lucrative opportunities for the market.
As the technology is improving and organizations are adopting these advanced technologies, the number of cybercrime and security breaches is also increasing. However, security analytics offers endpoint security with user behavior, proof of compliance, external threat alert, cloud & network traffic analysis, and access & identity analytics to help organizations to move forward with the adoption of technology with improved security. Therefore, with the increased usage of technology and rise in cybercrime rates, the adoption of security analytics solution is expected to increase which is estimated to drive the growth of the market.
Key segments covered:
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Key benefits of the report:
Key Market Segments & Key Market Players
Segments | Sub-segments |
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By Deployment Mode |
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Key Market Players | IBM, HPE, Cisco, Broadcom, Splunk, RSA Security, McAfee, FireEye, Juniper Networks, LogRhythm, Huntsman Security |
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