User and Entity Behavior Analytics Market Expected to Reach around $1,337.04 Mn by 2022

Press Release   •   Jan 30, 2018 01:43 EST

UEBA represents an opportunity for organizations to go on the offense with Insider Threats. Taking a user-centric approach that incorporates a risk score based on identity, organizational role, multi-dimensional UEBA (including associated endpoints, applications accessed, login patterns and cloud applications visited) and value of associated assets accessed, delivers a solid foundation for the proactive prevention of Insider Threats. And having the ability to automatically respond to suspicious activity in real-time can not only help an overstretched security team increase their efficiency but it can stop a real threat from accessing the network and potentially causing real harm to the business.

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User and Entity Behavior Analytics Market

Introduction of the advanced behavioral firewall offers a complete solution that represents a holistic, deeply contextual effort aimed at identifying user and entity behavioral threats and implementing immediate, automated responses to stop threats before they take a foothold in the organization.

Global user and entity behavior analytic (UEBA) market are primarily driven by huge investments made in threat prevention technologies. In addition, shortage of trained security professionals and growing volumes of data breaches expected to ignite user and entity behavior analytic demand in near future. Furthermore, increasing demand for real-time analytics is predicted to favor UEBA market growth in the analysis period. On a contrary, lack of information about advanced insider threats is expected to limit UEBA market growth. Nonetheless, the user-centric approach may disclose new avenues for user and entity behavior analytic market in the near future.

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Based on the type, global user and entity behavior analytic market are bifurcated into solution and services. Solution segment is further categorized into insider threats, compromised credentials, data loss prevention, data loss prevention and others. Service segment is further bifurcated into implementation and ongoing optimization. In 2016, the solution segment held the largest market share in UEBA market. On premises and cloud is the deployment segment of UEBA market. IT & telecom, energy & utility, financial services & insurance, retail & e- commerce, healthcare, defense & government and others are the verticals segment of user and entity behavior analytic market

North America and Europe emerged as dominating regional markets for user and entity behavior analytic in 2016. The growth of these regions is mainly attributed to high demand for real time analytics paired with growing volumes of data breaches. U.S. and Western Europe will be opportunist region for UEBA market. Asia Pacific and Latin America are expected to witness substantial growth owing to the shortage of trained security professionals and increasing demand from BFSI sectors.

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Some of the key players in the user and entity behavior analytic market are Securonix, Gurucul, Niara, Inc, Sqrrl Data, Inc, Dtex Systems, Varonis Systems, Inc, Bay Dynamics. Exabeam, Inc, and Rapid7 amongst others.

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