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Securing Tomorrow: A Deep Dive into the Security Analytics Landscape



Global Security Analytics Market size was valued at USD 12 billion in 2021 and is poised to grow from USD 13.94 billion in 2022 to USD 53.86 billion by 2030, growing at a CAGR of 16.2% in the forecast period (2023-2030).

The growing superiority of mature threat actors in conducting threat assaults that go unnoticed using predefined security tools or signature matching technologies is prompting organisations to implement security analytics solutions. Furthermore, the industry is being driven by rising cyber threats such as advanced targeted assaults (ATA) and advanced persistent threats (APT). APTs or ATAs frequently go unnoticed and persist on business networks for extended periods of time, causing catastrophic harm to the network architecture. As a result, the use of security analytics to detect and mitigate such risks is increasing.

Global Security Analytics Market Size, Share, Trends And Industry Analysis Segmental Analysis
Based on offerings the global security analytics market is bifurcated into Solutions & Services. Based on application the Security Analytics Market is bifurcated into web security analytics, network security analytics, endpoint security analytics, application security analytics, and others. By organization size, the Security Analytics Market is segmented into SMEs, Large Enterprises. By vertical, the Security Analytics Market is categorized into BFSI telecom & it, retail, healthcare, government & defence, manufacturing, and others. Based on region the global security analytics market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Security Analytics Market Analysis by Type

In terms of offers, the solutions category had the highest revenue share of more than 60% in 2021. The market is classified based on the many types of solutions and services provided by cybersecurity providers to identify, analyze, and diagnose unknown threats by analysing the behaviours of their abnormalities. This was linked to the growing requirement to detect sophisticated intrusions and enhance reaction time in breach prevention. Furthermore, the growing requirement to comply with changing industry and government norms and regulations is driving segment expansion.

Read more: https://www.skyquestt.com/report/security-analytics-market

 

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